|
Under contract-accepting backup offers. Exceptional Lakefront Living in Marbella at Palmer Ranch Discover an exceptional opportunity to own a beautifully maintained lakefront residence in the gated community of Marbella, nestled within the highly sought-after Palmer Ranch area of Sarasota. Offering 3, 143 square feet of thoughtfully designed living space, this impressive home features four bedrooms, three full baths and a private office or den. Designed for both everyday comfort and effortless entertaining, the light-filled interior showcases spacious rooms and an open-concept layout that seamlessly blends indoor and outdoor living. The main living areas overlook a sparkling private pool and outdoor entertaining space complete with a summer kitchen, all framed by serene lake views. At the heart of the home is an updated kitchen that flows into the breakfast area and family room, featuring a wet bar and a cozy wood-burning fireplace. Numerous recent updates provide both value and peace of mind, including a barrel tile roof (2022), two air conditioning systems (2020 and 2022), a new Square D electrical panel (2023) and a complete home repipe. Additional enhancements include a water softener, a reverse osmosis kitchen filtration system and a whole-house Kohler generator fueled by a buried propane tank. Ideally located, this home offers convenient access to Sarasota’s renowned shopping, dining and recreational amenities. Enjoy being just minutes from Siesta Key Beach, premier golf courses and the vibrant arts, culture and entertainment of downtown Sarasota. Nearby conveniences include a future Whole Foods Market, a soon-to-open Trader Joe’s and an existing Costco. This rare offering combines luxury, comfort and an unbeatable location, creating the perfect setting for refined Florida living. Schedule your private showing today.
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:
$699,900
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
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $559,920 | $559,920 | $559,920 |
| 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% | 6.512% | 5.866% |
| Monthly Tax Payment | $479 | $479 | $479 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,353 | $3,493 | $4,612 |
| Total Monthly Payment | $3,924 | $4,064 | $5,183 |
* 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.