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Like-new 2025 coastal-inspired WATERFRONT twin villa with breathtaking water views on a private dead-end street in the gated Esplanade at The Heights. This move-in-ready Ibis floor plan by Taylor Morrison features a sleek flat tile roof, rare water-access lot with a spacious backyard, 2 bedrooms, 2 bathrooms, and a versatile den/study that can serve as a 3rd bedroom, offering a fresh, modern alternative to older Mediterranean elevations. This light-filled home features IMPACT RESISTANT windows and sliding glass doors for energy efficiency, storm protection, and year-round comfort. The open Gathering Room showcases a tray ceiling with four recessed lights and sliders leading to the screened-in lanai with gorgeous and tranquil water views. The chef’s kitchen includes natural gas cooking, quartz countertops, a stainless-steel farmhouse sink, upgraded 42” cabinetry, a closet pantry, and pendant lighting over the breakfast bar. The dining area with tray ceiling is perfect for entertaining. The private primary suite features peaceful water views from the row of windows, a tray ceiling, newer laminate flooring, a spa-like en-suite bath with frameless glass shower, grab bars in water closet, and a large walk-in closet. The guest bedroom includes newer laminate flooring, its own en-suite bath, walk-in closet and is located near the study/den with pocket doors, tray ceiling and recessed lighting. Additional highlights include a customized laundry room with newer washer/dryer and pre-plumbing for sink, 8-foot doors throughout, no carpeting, smart home features, and a two-car garage with newer epoxy flooring and a reinforced storm-rated door. Builder’s bumper to bumper warranty and mechanical warranty remains in effect and can be transferred to a new homeowner. Enjoy the Esplanade resort-style living with a clubhouse, spa, fitness center, lifestyle manager, heated pool, tennis, pickleball, bocce courts, scenic trails on Mount Tumalo, and Bark Park with exercise stations. Conveniently located near UTC, downtown Sarasota & Bradenton, I-75, Gulf beaches, top-rated schools—and NO CDD FEES.
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Our Executive Mortgage Banker:
Our Insurance Division:
$531,900
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
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $425,520 | $425,520 | $425,520 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 5.990% | 5.125% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.285% | 6.132% | 5.415% |
| Monthly Tax Payment | $111 | $111 | $111 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,416 | $2,548 | $3,393 |
| Total Monthly Payment | $2,619 | $2,751 | $3,596 |
* 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.