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Under contract-accepting backup offers. Welcome to Botanica, a gated, maintenance-free community in the heart of Palmer Ranch, one of Sarasota sought-after locations. This carriage-style condominium offered turnkey furnished lives like a single-family home, offering space, privacy and a relaxed Florida lifestyle. Wake up to breathtaking lake views with tranquil fountains, and enjoy a home designed for easy living with ceramic tile and wood flooring throughout, no carpet anywhere. The flexible Jasmine floor plan offers versatility, with a den that can easily convert into a third bedroom, thanks to existing built-ins that can be adapted into a closet. The primary suite is a retreat, featuring space for a sitting area, a large walk-in closet, and a spa-like bath with a soaking tub and separate walk-in shower. The second bedroom is thoughtfully designed with a built-in Murphy bed, desk and cabinetry, ideal for guests or a home office. Life in Botanica is about more than just the home. Residents enjoy a beautifully maintained community with newer tile roofs, fresh exterior paint and updated paving. The clubhouse serves as a social hub with a gathering room, kitchen, fitness center, library and resort-style pool. With two pools, grilling stations and lush surroundings, it’s easy to stay active or simply unwind. Palmer Ranch offers an unbeatable lifestyle with convenient access to world-class beaches, golf, shopping, dining and Legacy Trail. It’s a location that blends natural beauty with everyday convenience, making it one of Sarasota’s gems.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$424,900
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 | $339,920 | $339,920 | $339,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.375% | 5.490% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.524% | 5.730% |
| Monthly Tax Payment | $301 | $301 | $301 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,036 | $2,121 | $2,776 |
| Total Monthly Payment | $2,412 | $2,497 | $3,152 |
* 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.