Under contract-accepting backup offers. MAKE AN OFFER - MOTIVATED SELLER - $225, 000 PRICE REDUCTION! This spacious waterfront villa lives like a single family home but is MAINTENANCE FREE! It offers gorgeous Sarasota Bay and canal views with 1900 SF (the largest home in the community), 3 bedrooms (one with a Murphy Bed that could be a home office or nanny/in-law suite with its exterior entrance), 2 bathrooms, separate spacious laundry room with newer full sized machines (large enough to add a 3rd bathroom), plus Florida room with private patio, perfect for barbecuing the catch of the day, al fresco dining under the stars or watching manatees and dolphins. It's the best of all worlds. . . the size and convenience of a house yet the ease of condo living. As you enter this waterfront haven, a soothing coastal décor embraces you, harmonizing with the captivating blue water views. Luxury Vinyl Plank floors, recently updated bathrooms with new vanities, new tile and stone countertops, and a generously sized kitchen finished with cottage-style cabinets and porcelain Farm Sink immerse you into a comfortable coastal lifestyle. Hurricane impact windows and a newer roof ensure peace of mind. Convenience is key with the attached covered carport facilitating easy access for groceries and luggage. Venturing beyond your personal oasis, you can indulge in abundant community amenities including 2 heated pools with complimentary chaises, saunas, tennis and pickle ball courts, a fitness center, shuffleboard courts, boat slips ($45/month or $50/month with an owner supplied lift), kayak and paddle board storage/launches ($35/year), fishing, 3 beach accesses, and scenic biking/walking paths through 26 acres of professionally landscaped bay front grounds. An additional perk includes the Zota Beach Resort just across the street for fine dining and sunset happy hours. For extra peace of mind, Windward Bay is a proactive community, passing its structural integrity inspection and receiving certification for another ten years. This sought-after community allows two rentals per year with a one-month minimum, enabling income generation while retaining the serene residential living experience. Uniquely pet-friendly, this community welcomes two large pets up to 75 pounds each (rare to find. . . renters can have two large pets too!) and provides pet comfort stations throughout the property. Seize the opportunity to make this tranquil island haven your own. It's an extraordinary chance for an easy beach lifestyle in a paradise-like setting. What could be better? It could be yours!
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Our Executive Mortgage Banker:
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$775,000
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 | $620,000 | $620,000 | $620,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.125% | 4.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.483% | 6.273% | 5.268% |
Monthly Tax Payment | $476 | $476 | $476 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,767 | $3,767 | $4,900 |
Total Monthly Payment | $4,335 | $4,335 | $5,468 |
* 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.