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Under Construction. What's Special: Close to Park | Includes Landscaping | 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 10641 Orbit Terrace in The Towns at Skye Ranch! Discover a modern, open-concept new townhome designed to give you the living space you want with thoughtful features throughout. As you step into the foyer, the kitchen welcomes you at the front of the home with upgraded cabinets, quartz countertops, a spacious storage pantry and nearby half bath. The upgraded tile flooring flows through the main level, guiding you into the dining area and great room. Just beyond the great room, your outdoor patio offers a comfortable place to relax or unwind at the end of the day. Upstairs, you’ll find a convenient tech space along with a secondary bedroom featuring its own private full bath. The primary suite includes an en-suite bath and a large closet made for easy organization. The laundry room completes the second floor, giving you practical comfort right where you need it. Live behind the gates of Skye Ranch, a master-planned community in the heart of Sarasota, FL. Set at the intersection of Clark Road and Lorraine Road, this community puts you close to everyday conveniences while surrounding you with opportunities to explore and enjoy life. Natural beauty shines throughout the neighborhood with grand old oaks, lush palms, forested wetlands, pristine lakes and preserved native wildlife. Skye Ranch is a place where you can feel connected, to nature, to activity and to a welcoming community designed for the way you live. Additional Highlights Include: GE refrigerator, washer and dryer, whole house blinds, and Shaw carpet on second level. Photos are for representative purposes only. MLS#A4679267
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Our Executive Mortgage Banker:
Our Insurance Division:
$273,859
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 | $219,087 | $219,087 | $219,087 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.250% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.357% | 6.431% | 5.668% |
| Monthly Tax Payment | $0 | $0 | $0 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,296 | $1,349 | $1,776 |
| Total Monthly Payment | $1,371 | $1,424 | $1,851 |
* 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.