1000 Longboat Club ROAD, #1103, Longboat Key, FL, 34228 | $1,395,000

Outstanding views of the Gulf of Mexico and Sarasota Bay from this 11th floor corner penthouse. Located behind the Gates of the Longboat Key Club, this 2 bedroom, 2 bath condo features a split floor plan. There are two private terraces for enjoying Gulf, beach and full Bay and city views. The kitchen and bathrooms have been upgraded with high end finishes. The kitchen has new stainless steel appliances and designer backsplash. The main living area has new porcelain tile. Privateer South offers amenities of a Olympic size beach side pool, Tennis, social room, covered parking, fitness room and a grill area. The Privateer has seating on the beach. There is a secured lobby with on site Manager and a 1 bedroom unit available to be rented by your guests. This building has had many recent upgrades including a Hot Tub and Pergola in the pool area, glass balconies, elevators, social room, the Lobby, plus an additional gate at the entry. This location is convenient to St. Armand's Circle for restaurants and shopping.

Features

  • Elevator: Y
  • Heating: Electric
  • Cooling: Central Air
  • Levels: 1
  • Amenities: Cable TV, Clubhouse, Elevator(s), Gated
  • Rooms: 4
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: Common Area, Laundry Room
  • Complex: PRIVATEER SOUTH
  • Year Built: 1972
  • Approx Sq. Feet: 1,409
  • Acreage: 1.92
  • Est. Taxes: $0
  • Condo Fee: $4,694 Quarterly
  • Pool: Heated, In Ground
  • Pet Policy: No
  • Appliances: Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker
  • MLS#: A4597450
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/A4597450/1000longboatclubroad_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 3:47:07 PM)
Listing courtesy of DEVELOPERS REALTY LBK, INC   Phone: 941-799-9096

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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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1000 Longboat Club ROAD, #1103, Longboat Key, FL, 34228

$1,395,000

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 Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,116,000 $1,116,000 $1,116,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.00 6.750 6.625
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.799 6.876 6.85
Monthly Tax Payment $0 $0 $0
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $7,425 $7,238 $9,798
Total Monthly Payment $7,550 $7,363 $9,923

* 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.