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Under Construction. What's Special: Popular Plan | Game Room | Close to Park | Convenient 1st Floor Living | Close to Amenities - New Construction - July Completion! Built by Taylor Morrison, America's Most Trusted Home Builder. Welcome to the Ivy at 10645 Orbit Terrace in The Towns at Skye Ranch! The Ivy is designed to make everyday living feel effortless and beautifully organized. An inviting foyer leads to a bright kitchen at the front of the home, complete with a generous pantry and convenient half bath. The space opens to the dining area and great room, creating a comfortable connection for gathering and relaxing. Just beyond, the outdoor lanai invites peaceful moments in the fresh air. Upstairs, the primary suite offers a serene retreat with a spa-inspired bath and a spacious closet. This level also includes a well-placed laundry room, a secondary bedroom with a private bath, and a flexible tech space. Nestled behind the gates of the master-planned Skye Ranch community, these modern townhomes are surrounded by preserved natural beauty, including grand oak trees, lush palms, scenic lakes, and forested wetlands. Located at Clark Road and Lorraine Road in Sarasota, Skye Ranch blends Taylor Morrison’s quality craftsmanship with a lifestyle designed for exploring, connecting, and enjoying every day. Additional Highlights Include: Whole house blinds. Photos are for representative purposes only. MLS#A4679261
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Our Executive Mortgage Banker:
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$273,459
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 | $218,767 | $218,767 | $218,767 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.250% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.296% | 6.406% | 5.668% |
| Monthly Tax Payment | $0 | $0 | $0 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,277 | $1,347 | $1,773 |
| Total Monthly Payment | $1,352 | $1,422 | $1,848 |
* 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.