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4636 Deer Trail Blvd
Sarasota, FL 34238
Villas at Deer Creek · Deer Creek · Palmer Ranch. Updated throughout and never lived in since the updates, with a lake view and screened lanai. Photos are virtually staged per MLS. Two financing strategies below can cut the payment dramatically — or get you in with $0 down.
$59,001 in price cuts — from the original $459,000 list · 131 days on market · HOA $469.67/mo · Taxes $4,727/yr · Stellar MLS #A4698629
At a Glance — The Numbers on This Home
Gulf Gate Elementary · Sarasota Middle · Riverview High. Community pool & spa, clubhouse, tennis & pickleball, guard-gated entry, minutes to Siesta Key Beach, Legacy Trail access, lake & fountain views.
Fresh updates throughout — and never lived in since
This Deer Creek villa was extensively updated, then never occupied — so the new tile roof, fresh paint, and new flooring are effectively untouched. Cathedral ceilings, lake views from the primary suite, and a screened lanai overlooking the water and fountain make it feel much larger than 1,755 square feet.
- New tile roof and new water heater
- AC replaced in 2021
- New carpeting, new tiled entryway, and fresh paint throughout — wallpaper removed
- Updated kitchen appliances
- Cathedral ceilings and open, light-filled living space
- Primary suite with lake views, walk-in closet, and double vanity
- Den / office — ideal work-from-home or guest space
- Screened lanai (12 × 20) overlooking the lake and fountain
- 2-car garage with new garage door opener in a guard-gated Palmer Ranch community
Way 1 — The 3-2-1 Buydown
Start at a 3.99% payment rate in Year 1 and step up gradually — instead of paying the full rate from day one. The seller funds the difference up front, and you keep the savings every month.
3.99% Year 1 payment rate* · $1,893.52/month principal & interest
| Period | Rate | P&I / mo | You save* |
|---|---|---|---|
| Year 1 | 3.99% | $1,893.52 | $698.74 |
| Year 2 | 4.99% | $2,129.29 | $462.97 |
| Year 3 | 5.99% | $2,378.26 | $214.00 |
| Years 4–30 | 6.99% | $2,639.24 | — |
*Monthly savings shown versus the $2,592.26 comparison payment below. Principal & interest only — PMI, taxes, insurance, and HOA are additional. Buyer qualifies at the full note rate.
How this example is built
- Assumed $417,999 offer price with 5% down ($20,900) for a $397,099 loan, 30-year fixed at a 6.99% note rate (7.210% APR). Estimated buydown funding: $18,200.
- Comparison payment: $2,592.26 on a $379,999 loan at 7.25%. Seller acceptance and appraisal support required.
APR 7.210%
Way 2 — Buy with $0 Down
Florida assistance programs can cover the down payment — and in many cases help with closing costs too. Four paths, one goal: no down payment out of pocket for qualified buyers.
- Path 1 · Most popular — Florida Hometown Heroes (up to $35,000): 5% of the loan — about $19,000 on this home — toward down payment and closing costs. 0% interest, no monthly payment, deferred. For eligible full-time Florida workers, including healthcare, education, first responders, childcare, military, and veterans.
- Path 2 · Florida Housing — FL Assist & HFA PLUS ($10,000 + 3–5%): FL Assist: $10,000 at 0% with no monthly payment for first-time buyers. HFA PLUS: 3% to 5% of the loan, forgiven over 5 years.
- Path 3 · Veterans & military — VA Home Loan ($0 down): $0 down with no income cap for qualified VA buyers — active duty, veterans, and eligible surviving spouses.
- Fallback · No income caps — Creative 100% Financing: don't fit a program box? Ask Paul about creative 100% financing with no income caps for qualified buyers.
Why now — a $59,001 price cut changes the math: this villa started at $459,000 and is now $399,999 after 131 days on market. A motivated seller plus $0-down assistance is exactly the combination that can cover down payment and leave room to negotiate seller help with closing costs.
Not sure which path fits? Ken, Melissa, and Paul will check Hometown Heroes, Florida Housing, and VA eligibility for you in one conversation. All $0-down programs subject to income, program, occupation, and funding eligibility. For qualified buyers; subject to lender approval.
How the Creative Offer Works
See the house and the neighborhood in person.
Go through the 3-2-1 buydown and the $0-down paths for this house, line by line.
The financing is structured into the offer, subject to an acceptable offer, seller agreement and lender approval.
Two Flyers for This Home
One for each path. Open either full size or save it to share.
