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Under contract-accepting backup offers. PRICE IMPROVEMENT - Welcome to Palmer Lake and this beautifully maintained 4-bedroom, 2. 5 bath, two-story lakefront home offering 2, 371 square feet of comfortable living space in a superb Sarasota location. Built in 2013 featuring a recently replaced roof along with the added security of roll-down storm shutters, providing move-in ready peace of mind.
This residence blends modern convenience with peaceful waterfront views. Step inside the foyer and be captivated by the 25-ft ceiling entry leading to a spacious great room floor plan, perfect for both everyday living and entertaining. The open-concept design flows seamlessly into a generous kitchen area with abundant prep space, ideal for cooking and gathering. A convenient half bath is located just off the great room, along with a den and a practical storage room tucked underneath the stairs. Upstairs, you’ll find a large master suite retreat with ample space to unwind, along with three additional bedrooms to accommodate family, guests, or a home office. The front bedroom even has a murphy bed for added comfort and convenience.
Enjoy Florida living at its best within the fenced backyard overlooking the lake, complete with covered patio – perfect for relaxing or hosting outdoor get-togethers. This home also features a paver driveway and walkway, adding to its curb appeal. Located in an A+ school district and just minutes from popular Rothenbach Park and the scenic trails of The Celery Fields. A superb Sarasota location and just a short drive to downtown Sarasota and its beautiful Gulf beaches. This home offers both convenience and lifestyle as lawn maintenance is included in the reasonable HOA fee, and there is NO CDD fee – making ownership even more appealing. The Palmer Lake community also offers a peaceful lakeside gazebo for its residents. For those hobby arborists, the back yard of this home even has a fruit-bearing lemon tree.
This is a rare opportunity to own a move-in ready lakefront home in one of Sarasota’s most desirable areas within an A-rated school district. Schedule your private showing today and envision the lifestyle that awaits.
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Our Executive Mortgage Banker:
Our Insurance Division:
$499,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $399,200 | $399,200 | $399,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.524% | 5.866% |
| Monthly Tax Payment | $327 | $327 | $327 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,391 | $2,490 | $3,288 |
| Total Monthly Payment | $2,793 | $2,892 | $3,690 |
* 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.