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Under Construction. What's Special: Close to Park |Close to Amenities | Convenient 1st Floor Living. New Construction - July Completion! Built by Taylor Morrison, America's Most Trusted Home Builder. Welcome to the Ivy at 10649 Orbit Terrace in The Towns at Skye Ranch! Explore this townhome designed for maximum living space and filled with natural light. This home features modern details and plenty of storage, starting with a spacious pantry off the kitchen at the front of the home. The open layout flows through the casual dining area and great room, which extends to an outdoor patio for relaxing or entertaining. Upstairs, the primary suite offers a private retreat with a dual sink vanity and a roomy shower, while an additional bedroom with its own full bath and convenient laundry space complete the second floor. Located in Skye Ranch, a gated, master-planned community in the heart of Sarasota, you’ll enjoy Taylor Morrison quality surrounded by preserved natural beauty, including grand oaks, lush palms, forested wetlands, pristine lakes, and native wildlife. With easy access to Clark Road and Lorraine Road, this premier destination offers endless opportunities to explore, experience, and enjoy life. Additional highlights include: updated tile in the main floor living areas, quartz countertops, and window blinds throughout the home. Photos are for representative purposes only. MLS#A4678298
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Our Executive Mortgage Banker:
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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 | $219,167 | $219,167 | $219,167 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 5.990% | 5.250% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.209% | 6.168% | 5.541% |
| Monthly Tax Payment | $0 | $0 | $0 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,244 | $1,313 | $1,762 |
| Total Monthly Payment | $1,319 | $1,388 | $1,837 |
* 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.