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Under Construction. What's Special: Close to Park | Close to Amenities | Convenient First Floor Living | Popular Plan. New Construction - June Completion! Built by Taylor Morrison, America's Most Trusted Home Builder. Welcome to the Ivy at 10620 Orbit Terrace in the Towns at Skye Ranch. This thoughtfully designed townhome offers comfortable living space with two bedrooms and two and a half bathrooms. Designed to maximize every inch, the Ivy includes sought after features and smart storage throughout. Step inside the foyer to find the kitchen at the front of the home, complete with a spacious pantry and a convenient half bathroom nearby. Continue into the open dining area and great room, creating an easy flow for everyday living. Just off the great room, enjoy your private outdoor patio, perfect for relaxing or entertaining. Upstairs, the primary suite provides a quiet retreat, while the second floor also includes an additional bedroom, a full bathroom, and a conveniently located laundry area. Set behind the gates in the master-planned community of Skye Ranch, these modern townhomes reflect Taylor Morrison’s quality craftsmanship in the heart of Sarasota, Florida. Located at the intersection of Clark Road and Lorraine Road, Skye Ranch offers a lifestyle designed for exploration, connection, and everyday enjoyment. The community thoughtfully preserves the natural beauty of the land, featuring grand oak trees, lush palms, forested wetlands, pristine lakes, and native wildlife. Additional Highlights Include: upgraded tile in living areas, upgraded grey cabinets and quartz countertops, upgraded shaw carpet on the 2nd floor, and 2" faux wood blinds. Photos are for representative purposes only. MLS#A4681078
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Our Executive Mortgage Banker:
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$274,759
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 | $219,807 | $219,807 | $219,807 |
| 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% | 5.648% |
| Monthly Tax Payment | $0 | $0 | $0 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,300 | $1,353 | $1,781 |
| Total Monthly Payment | $1,375 | $1,428 | $1,856 |
* 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.