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Rarely available Mercedes model pool home with a large bonus room in the much sought after community of Legacy Estates at Esplanade on Palmer Ranch. Boasting an amazing water view, this 3, 639 sq. ft 3 bedroom, 3. 5 bath, 2 car garage home offers a flexible floorplan with dining room, den, and a large bonus room that can be used as a media/ game room, second office or as an additional space for guests. Extensive home upgrades include heated pool, pocketing sliding doors from both the great room and bonus room and much more. The floorplan of this home is made for entertaining with the natural gas chef's kitchen opening to the aquarium windowed breakfast area. Pocketing glass sliding doors exit to the pool. The covered lanai has natural gas outdoor kitchen. This home includes energy saving solar panels, helping keep the electric bill under $100 per month. Esplanade on Palmer Ranch is the most highly sought-after gated community in South Sarasota. Known to cater to the active lifestyle, residents here enjoy an array of fabulous amenities, including a resort-style pool with cabanas and palm trees, eight pickle ball courts, two tennis courts, bocce ball, a children’s splash pad, three dog parks, walking trails, a lively Bahama Bar with a full-service restaurant and live music, plus a modern club house with a fully-equipped fitness center, games room, catering kitchen and wellness services. There’s also a full-time lifestyle manager who puts together a packed schedule of fun events and live entertainment. This community also puts you on the doorstep of the Legacy Trail and within a short drive from Siesta Key, America’s number one beach as well as minutes from top-ranked Pine View School. Schedule your private showing today!
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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 | $1,519,200 | $1,519,200 | $1,519,200 |
| 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 | 6.362% | 6.385% | 6.223% |
| Monthly Tax Payment | $679 | $679 | $679 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $9,108 | $9,354 | $12,820 |
| Total Monthly Payment | $9,912 | $10,158 | $13,624 |
* 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.