Under contract-accepting backup offers. Welcome to Fairway Lakes at Palm Aire! This gorgeous 3 bedroom, 2 bath home has it all with a pool, spa, tons of covered lanai space, outdoor kitchen and expansive golf course views! Brand new AC in 2024 with a transferrable 10 yr warranty, new water heater, new pool cage, new gutters, new paint, and a new pool pump motor. The beautiful kitchen has new stainless steel appliances- including gold series double ovens, granite countertops, plenty of cabinet space, a breakfast nook, and a countertop bar. High ceilings, ceramic tile in main traffic areas, and a wood burning, double-sided fireplace enhances both the living room and family room. The spacious primary suite has sliding doors to the lanai, walk-in closet, dual vanities, a soaking tub, and a newly renovated shower with rainfall head. The additional two bedrooms are perfect for family, guests, or as office space with matching granite countertops in the bathrooms and new carpet. The lanai of this home is perfect for entertaining with Jennair cooktop, new mini fridge, amazing views, and a natural gas hookup. This home is storm ready with hurricane shutters and remote control hurricane screens. Lawn service included in your fees! Nice curb appeal with mature landscaping, covered entrance way with wrought iron exterior door, and brick paver driveway. Low HOA fees, no CDD fees! Palm Aire Country Club offers optional memberships that include fitness center, golf, pickleball, tennis, a community pool, and clubhouse! This home is conveniently located near downtown Sarasota, SRQ Airport, UTC Mall, I-75, restaurants, shopping, and the world famous beaches of Florida's Gulf Coast! Sellers are offering a $5000 concession to the buyers! See this GEM today!!
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Our Executive Mortgage Banker:
Our Insurance Division:
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $443,920 | $443,920 | $443,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $283 | $283 | $283 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,953 | $2,950 | $3,806 |
Total Monthly Payment | $3,328 | $3,325 | $4,181 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.