Best priced new construction east of trail. Take action now and benefit from this new offering! Discover the epitome of modern luxury living at Palonia IV Relaxed Modern, a stunning 2-story masterpiece meticulously crafted to captivate and inspire. Boasting 4 bedrooms and 3 baths across 3, 220 square feet, every detail exudes comfort and sophistication. From the soaring 20 ft ceiling in the foyer to the great room with built-in shelving and a cozy electric fireplace, warmth and charm abound. The culinary paradise kitchen features Lioher luxe cabinets, Pompeii Granite countertops, a large waterfall island, and top-of-the-line KitchenAid appliances. Retreat to the master wing with volume ceilings, dual walk-in closets, a luxurious Lavelle Waterfall Tub, and separate walk-in shower. Upstairs, two additional bedrooms, a bath, and a sprawling bonus/game room offer versatility and comfort. Step outside to the true outdoor oasis of the covered lanai with a summer kitchen equipped for al fresco dining. The Cancun Blue pool, complemented by a 6' tall horizontal wood shadow fence and gates, adds both style and security. Enjoy the convenience of being near Sarasota's amenities, hospitals, and downtown, as well as the lush recreational opportunities of Arlington Park. Palonia IV offers the perfect blend of luxury, convenience, and location, being close to Southside School and Southside Village, both esteemed institutions in the area. Crafted by the renowned Allegra Homes, with the added convenience of an epoxy garage floor, Palonia IV stands as a testament to impeccable design and unparalleled living.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$1,999,970
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,599,976 | $1,599,976 | $1,599,976 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.750% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.838% | 6.851% | 6.915% |
Monthly Tax Payment | $374 | $374 | $374 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $10,779 | $10,377 | $14,158 |
Total Monthly Payment | $11,278 | $10,876 | $14,657 |
* 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.