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Peaceful, quiet and private LAKEFRONT second-floor, end-unit residence in the sought-after Palmer Ranch community of Botanica offering a maintenance-free lifestyle with the convenience of a PRIVATE ELEVATOR, taking you directly from your 2-car garage to the main living level. The Wisteria floorplan is the largest in this well-maintained community and lives like a single-family home. A touch of elegance throughout with high ceilings, crown molding, tray ceilings, and custom plantation shutters. All NEW IMPACT WINDOWS being installed. Hurricane shutters provide peace of mind. A thoughtfully designed layout with an inviting great room featuring wood floors, modern electric fireplace, surround sound system and a custom wine/dry bar. The expansive screened balcony offers serene lake views, ideal for lounging and dining al fresco while enjoying private sunsets, wetland preserves and lush tropical landscaping. Spacious timeless kitchen with staggered solid wood cabinetry, brand-new quartz countertops and backsplash. With two separate dining areas, there’s plenty of space for entertaining or casual dining. The split bedroom floorplan provides privacy, with a primary bedroom overlooking the water, large walk-in closet, and a spa-inspired bath with split vanities, soaking tub, walk-in shower, and private water closet. Custom built-ins in the closets throughout maximize storage space. Perfect for year-round living or as a seasonal retreat. Botanica is a gated and maintenance-free community, surrounded by acres of preserve and lakes. Enjoy two community pools, one just a short walk away, gas grills for cooking and entertaining, and a 4, 000 SF clubhouse with meeting rooms, catering kitchen, and a fitness center. The location is ideal, only 15 minutes from the world-famous Siesta Key Beach and close to downtown Sarasota’s shopping, dining, and vibrant cultural lifestyle. You’ll also have easy access to the Legacy Trail for biking and walking. Tucked away in a quiet setting within Palmer Ranch, yet with quick and easy access to all that Sarasota’s Gulf Coast has to offer!
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Our Executive Mortgage Banker:
Our Insurance Division:
$675,000
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 | $540,000 | $540,000 | $540,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.058% | 7.063% | 6.152% |
Monthly Tax Payment | $549 | $549 | $549 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,413 | $3,547 | $4,520 |
Total Monthly Payment | $4,054 | $4,188 | $5,161 |
* 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.