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Presented by![]() Kim Knox |
This pristine 5-bedroom, 3-bath pool smart home with an upstairs bonus room is move-in ready and equipped with all the finest features. Enjoy breathtaking lake and fountain views in the highly desirable, family-friendly neighborhood of Promenade Estates in Palmer Ranch. The lush, mature landscaping provides a private, resort-like ambiance. Inside, you'll find luxurious details, a chef-inspired kitchen which includes a spacious center island, 42" shaker-style cabinets with deep 14" uppers, full-extension lower drawers, premium quartz countertops, a walk-in pantry with custom shelving, nearly new GE Profile appliances, and a reverse osmosis kitchen sink tap for purified water. The light-filled, open-concept floor plan blends the great room, dinette, and kitchen, all with sweeping views of the saltwater, heated pool/spa, and expansive lakefront. The high-end Pentair pool system ensures worry-free enjoyment for years. The oversized travertine pool deck offers plenty of space for entertaining or simply relaxing. This backyard feels like your own private tropical resort. The upstairs master suite boasts two walk-in custom closets and a spa-like, upgraded master bath. Additional upgrades include full two-story concrete block construction, an industrial-grade polyurea-coated garage floor, EV car charger, generator-ready electric, smart home control panel, remote-controlled shades, and an extra-wide driveway. Promenade Estates is a gated community with resort-style amenities such as a pool with lap lane, fitness center, volleyball and basketball courts, a flex field, dog park, and kids’ splash park. Plus, there’s no CDD and an affordable HOA fee of just $226/month. This prime location is near Nokomis and Siesta Key beaches, Historic Downtown Venice, top-rated Pine View School, a new Publix, I-75, Sarasota Memorial Hospital, the UTC Entertainment District, and Downtown Sarasota. Come and enjoy this beautiful PARADISE!
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Our Executive Mortgage Banker:
Our Insurance Division:
$799,000
Luxury Properties Specialist
William Raveis Real Estate
Phone: 978.771.4579
Kim.Knox@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 978.314.1072
Joanne.OKeefe@raveis.com
NMLS Mortgage Loan Originator ID 38342
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $639,200 | $639,200 | $639,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.007% | 7.037% | 6.152% |
Monthly Tax Payment | $659 | $659 | $659 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,988 | $4,199 | $5,351 |
Total Monthly Payment | $4,739 | $4,950 | $6,102 |
* 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.