730 Spanish DRIVE S, Longboat Key, FL, 34228 | $559,900

Not all Villa’s in Spanish Main are created equal, location is the key. Sought after location overlooking dense tropical woods adds to the paradise experience. New impact windows throughout provide an extra element of safety while letting you enjoy sunlight and nature to its fullest. Nearly floor to ceiling windows in the enclosed living room lanai provide additional living space and gives the entire living room and kitchen areas unobstructed views. Beautifully remodeled Kitchen with high end stainless appliances, striking Curava recycled glass counter-tops and imported lighting fixtures opens up to a dining room living room combination. Two bedrooms and two baths round out the living area. Master bedroom has its own enclosed lanai, ensuite bath and walk-in closet. New Ceramic floors throughout the entire villa. Enjoy the community pool, making every day feel like a vacation as you lounge in the sun and enjoy the sea breeze or entertain in the newly renovated clubhouse. Explore the endless waterways surrounding Longboat Key as you launch from the community docks (available on a first come basis). You'll have direct access to Sarasota Bay and only minutes to the Gulf of Mexico for kayaking, fishing and boating ensuring that you can enjoy your time in paradise. Deeded beach access for those numerous beach days and magnificent sunsets. Pet friendly, maintenance-free, and a very active 55+ community are added benefits for your enjoyment. Located only a short drive to the fantastic shops, restaurants and cultural events that Sarasota and St. Armand’s Circle have to offer. Newer AC and Water Heater. Roof replaced in 2014. Can be under 55 to purchase in Spanish Main.

Features

  • Amenities: Cable TV, Clubhouse, Laundry, Maintenance, Pool, Shuffleboard Court, Vehicle Restrictions
  • Rooms: 8
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: In Garage, Laundry Closet
  • Year Built: 1969
  • Garage: Guest
  • Heating: Central
  • Cooling: Central Air, Wall/Window Unit(s)
  • Approx Sq. Feet: 1,405
  • Est. Taxes: $4,342
  • Condo Fee: $1,340 Monthly
  • View: Garden
  • Adult Communities: Yes
  • Elem. School: Anna Maria Elementary
  • Middle School: Martha B. King Middle
  • High School: Braden River High
  • Pool: In Ground, Lighting
  • Pet Policy: Size Limit, Yes
  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Range, Refrigerator, Washer, Wine Refrigerator
  • MLS#: A4585691
  • Days on Market: 187 days
  • Website: https://www.raveis.com
    /prop/A4585691/730spanishdrives_longboatkey_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 6/17/2024 2:32:15 PM)
Listing courtesy of MICHAEL SAUNDERS & COMPANY   Phone: 941-383-7591

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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730 Spanish DRIVE S, Longboat Key, FL, 34228

$559,900

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 $447,920 $447,920 $447,920
Term 360 months 360 months 180 months
Initial Interest Rate** 6.750% 6.875% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.737% 7.146 6.120%
Monthly Tax Payment $362 $362 $362
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $2,905 $2,943 $3,750
Total Monthly Payment $3,359 $3,397 $4,204

* 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.