Price Improvement! Introducing a rare gem in the Vistas of Wild Oak Bay located on Sarasota Bay's pristine shores. This exclusive corner unit offers three bedrooms, two baths and Florida room, located on the 4th floor, offering a million-dollar view that will leave you in awe.
You’ll be greeted by an open floor plan with high ceilings, creating an expansive and inviting living space. The large windows line the Bay offers breathtaking views with plenty of natural light. For peace of mind, hurricane shutters are in place. Attractive tile flooring extends throughout all main living areas. Convenience is at its best with the inclusion of a washer and dryer with additional storage racks. Bose sound system is hardwired for your music pleasure.
Enjoy spacious rooms, with the master bedroom, offering a captivating view of the bay and provides ample space for a king-sized bedroom suite. The master bathroom features a walk-in shower, and the expansive walk-in closet with built-in shelves for your convenience. The guest bedroom is equally generous, with two roomy closets, while the third bedroom can easily be transformed into a den or TV room with the convenience of pocket doors.
A substantial family room area wraps around to the master bedroom, incorporating an office space and storage closet. Sliding glass windows open up to the Bay's gentle breeze, treating you to breathtaking views of Downtown Sarasota, Longboat Key and the mesmerizing night lights, fish, birds, passing boats and 4th of July fireworks.
The open kitchen is a chef's dream, adorned with granite countertops and abundant cabinet space with new APPLIANCES!! Outside, the lush landscape surrounding the building sets the stage for a serene retreat. You'll find covered parking with an elevator, an outside storage closet, bike storage area and a convenient grill area. The building has been maintained very well and has a new roof.
Take your relaxation to the next level with a heated pool, hot tub and bathrooms surrounded by tropical landscaping. Please note that this building is designed for those aged 55 and older and allows for one cherished pet. To maintain the community's character, ownership is required for two years before renting is permitted.
Wild Oak Bay is a beautiful community located inside IMG Golf and Tennis Community. Home of the award winning, IMG Country Club, known for its dining, tennis & golf. This residence offers easy access to beautiful beaches and a short drive to downtown Sarasota. Don't miss out on this exceptional opportunity – make this piece of paradise your own.
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Our Executive Mortgage Banker:
Our Insurance Division:
$550,000
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
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $440,000 | $440,000 | $440,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.815% | 7.159% | 6.538% |
Monthly Tax Payment | $257 | $257 | $257 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,927 | $2,924 | $3,773 |
Total Monthly Payment | $3,276 | $3,273 | $4,122 |
* 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.