Attention snowbirds. Located in the popular Esplanade Palmer Ranch, this desirable ground floor 2/2 plus den end-unit is an ideal winter home. No damage or water intrusion from any of the storms that impacted the area this summer. Spacious enough to live like a house and coupled with the ease of maintenance free living. A practically designed great room plan, with split bedrooms. With over $30, 000 in upgrades, this condo is move in ready. Warm and inviting luxury vinyl plank flooring runs throughout the kitchen, dining and living areas. The den is its own separate flex space with the addition of French Doors and stylish shiplap on the walls. There are Closet Tec designed his and hers closets in the primary bedroom, guest bedroom and additional storage cabinets in the laundry room. The light and bright kitchen features granite counter tops, stainless appliances, wooden cabinets with slide out shelves, double pull-out trash cans, and cozy breakfast nook. Enjoy the outdoors on your screened back lanai or on your front porch. There are hurricane panels for all windows and sliders, as well as an additional roll down hurricane shutter for the back lanai giving you peace of mind during storm season. A deeded detached one car garage and assigned parking spot provide space for 2 vehicles. The resort-style amenity center is the hub of the community. There is something for everyone, from two swimming pools, splash area and playground, fitness center, pickle ball and tennis courts, spa services, The Bahama Bar restaurant, dog park, onsite activities director and much more. Access the coveted Legacy Trail via a private community gate or spend a day at the beach. It’s a short 8-mile drive to Nokomis Beach and 10 miles to downtown Venice.
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Our Executive Mortgage Banker:
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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 | $399,600 | $399,600 | $399,600 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.760% | 7.042% | 6.160% |
Monthly Tax Payment | $401 | $401 | $401 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,760 | $2,625 | $3,345 |
Total Monthly Payment | $3,236 | $3,101 | $3,821 |
* 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.