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One or more photo(s) has been virtually staged. One or more photo(s) has been virtually staged. **SPACIOUS, CUSTOM-BUILT RESIDENCE LOCATED BEHIND THE SECURE GATES OF THE HIGHLY DESIRABLE TURTLE ROCK COMMUNITY IN PALMER RANCH, SET ON A TRANQUIL 0. 40-ACRE OVERSIZED LOT. ** This expansive residence offers approximately 3, 900 square feet of thoughtfully designed living space with a desirable split floor plan featuring 5 bedrooms plus a study/den, 5 full bathrooms, and a 3-car garage, complemented by a circular driveway. A rare and valuable feature of this home is the assumable 2. 25% loan, offering a unique financing opportunity for qualified buyers. The property is also equipped with a natural gas–powered generator that automatically activates during power outages and shuts off when electricity is restored, providing added peace of mind. Designed with safety and preparedness in mind, the home includes a reinforced “super safe” room built with rebar-reinforced concrete construction. This versatile space doubles as a walk-in closet and is equipped with a refrigerator, freezer, sink, microwave, and a washer and dryer—offering both security and functionality. Quality finishes and premium features are found throughout the home, including crown molding, tray ceilings, tile flooring, and abundant built-in storage. The inviting kitchen features granite countertops, hardwood cabinetry, and stainless-steel appliances, and opens seamlessly to a comfortable family room with a gas fireplace, creating an ideal space for everyday living and entertaining. The primary owner’s suite offers a spacious walk-in closet and a well-appointed bathroom with a garden tub, dual vanities, and a custom-tiled shower. A generously sized secondary owner’s suite provides exceptional flexibility and is ideal for in-law or multi-generational living, complete with a private kitchenette, laundry area, storage closet, and a large bathroom with dual vanities, jetted tub, and custom-tiled shower. Outdoor living is equally impressive, with a screened lanai featuring a pool and spa overlooking peaceful garden views—perfect for relaxing or entertaining while enjoying the Florida lifestyle. Residents of Turtle Rock enjoy a prime location adjacent to the popular Legacy Bike Trail and just minutes from nationally ranked Pine View School, shopping and dining, world-renowned Gulf Coast beaches, and all that the Sarasota area has to offer.
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Our Executive Mortgage Banker:
Our Insurance Division:
$985,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $788,000 | $788,000 | $788,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.250% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.350% | 6.361% | 6.183% |
| Monthly Tax Payment | $558 | $558 | $558 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,724 | $4,852 | $6,650 |
| Total Monthly Payment | $5,374 | $5,502 | $7,300 |
* 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.