4976 Gulf Of Mexico DRIVE, #Villa 18, Longboat Key, FL, 34228 | $775,000

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!

Features

  • Heating: Central
  • Cooling: Central Air
  • Levels: 1
  • Amenities: Cable TV, Clubhouse, Elevator(s), Fence Restrictions, Fitness Center, Laundry, Lobby Key Required, Maintenance, Optional Additional Fees, Park, Pickleball Court(s), Pool, Recreation Facilities, Sauna, Shuffleboard Court, Tennis Court(s), Trail(s), Vehicle Restrictions
  • Rooms: 11
  • Bedrooms: 3
  • Baths: 2 full
  • Laundry: Inside, Laundry Room
  • Complex: WINDWARD BAY AMD
  • Year Built: 1974
  • Common Charge: $1,035 Monthly
  • Approx Sq. Feet: 1,900
  • Acreage: 26
  • Est. Taxes: $5,707
  • Condo Fee: $268 Monthly
  • Lot Desc: FloodZone, City Lot, In County, Landscaped, Level, Near Golf Course, Near Marina, Near Public Transit, Sidewalk
  • View: Water
  • Elem. School: Anna Maria Elementary
  • Middle School: Martha B. King Middle
  • High School: Bayshore High
  • Pet Policy: Breed Restrictions, Number Limit, Size Limit, Yes
  • Appliances: Convection Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Washer
  • MLS#: A4589073
  • Days on Market: 275 days
  • Website: https://www.raveis.com
    /prop/A4589073/4976gulfofmexicodrive_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 9/23/2024 8:02:11 AM)
Listing courtesy of COLDWELL BANKER REALTY   Phone: 941-383-6411

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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

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Our Insurance Division:

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4976 Gulf Of Mexico DRIVE, #Villa 18, Longboat Key, FL, 34228

$775,000

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 $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.