8737 Daydream STREET, Sarasota, FL, 34238 | $440,000

Discover luxury living in this 3-bedroom, 2-1/2-bathroom townhome with a 1-car garage, located in the prestigious Promenade at Palmer Ranch community. Boasting elegant features and a prime location, this residence offers the ultimate blend of comfort and convenience. Once you step inside, you will find a modern kitchen with a large island, stainless steel appliances, and a spacious walk-in pantry. The open floor plan seamlessly connects the kitchen, living, and dining areas which lead to your screened-in lanai overlooking a beautiful preserve for outdoor relaxation and entertaining. You will find hardwood floors leading upstairs and throughout the second floor to the bedrooms. Once upstairs you will find the master bedroom with two walk-in closets, an en suite bathroom featuring granite countertops and dual sinks. Leaving the property you will also enjoy a Water view! You will enjoy resort-style living with access to the community pool and covered lounge area, perfect for gatherings with a cozy fireplace ambiance. Or right outside the community jump on the Legacy Trail for hiking and biking!

Situated in the heart of Palmer Ranch, one of Sarasota's most historic neighborhoods, this townhome offers proximity to shopping centers, dining options, and recreational facilities. A short drive takes you to the pristine shores of Siesta Key Beach, renowned for its white sands and turquoise waters.

Features

  • Rooms: 9
  • Bedrooms: 3
  • Baths: 2 full / 1 half
  • Laundry: Inside, Laundry Closet, Upper Level
  • Year Built: 2020
  • Garage: 1-car Driveway, Ground Level
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 1,724
  • Acreage: 0.04
  • Est. Taxes: $3,956
  • HOA Fee: $362 Monthly
  • View: Trees/Woods
  • Elem. School: Gulf Gate Elementary
  • Middle School: Sarasota Middle
  • High School: Riverview High
  • Pet Policy: Number Limit, Yes
  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • MLS#: A4604524
  • Days on Market: 47 days
  • Website: https://www.raveis.com
    /prop/A4604524/8737daydreamstreet_sarasota_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 5/29/2024 12:49:44 AM)

William Raveis Family of Services

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The Cape HouseSales Vice President

508.737.1248

TheCapeHouse@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

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Frank MerolaVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1020051

508.740.5922

Frank.Merola@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Allen GellermanInsurance Sales Director, William Raveis Insurance

617.686.2668

Allen.Gellerman@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
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8737 Daydream STREET, Sarasota, FL, 34238

$440,000

The Cape House

Sales Vice President

William Raveis Real Estate

Phone: 508.737.1248

TheCapeHouse@raveis.com

Frank Merola

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 508.740.5922

Frank.Merola@raveis.com

NMLS Mortgage Loan Originator ID 1020051

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $352,000 $352,000 $352,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.375% 7.125% 6.375%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 8.011% 7.308% 6.644%
Monthly Tax Payment $330 $330 $330
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,431 $2,371 $3,042
Total Monthly Payment $2,836 $2,776 $3,447

* 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.