Under contract-accepting backup offers. Immerse yourself in coastal luxury with this beautifully renovated condo in Gulf & Bay Club Bayside, a serene retreat on Siesta Key. With deeded beach access to the famous powdery white sands of Siesta Beach and the captivating Gulf of Mexico, this two-level condominium offers a refined lifestyle complemented by stunning natural surroundings. Upon entering, be captivated by the "weathered" beach cottage hardwood floors and white plantation shutters that exude an air of relaxed elegance, reflecting the azure waters and sandy beaches nearby. The heart of this home is the bespoke kitchen, featuring unique granite countertops, an ocean-inspired glass tile backsplash, stainless steel appliances, reverse osmosis, and custom wood cabinetry. The adjoining breakfast and desk area, adorned with substantial slabs of heart pine, adds a charming, rustic touch and excellent additional office/work space with built ins and wine refrigerator. The home's interior design is further elevated by the vaulted tongue-and-groove cedar ceilings, enhancing the character of this coastal haven. The Florida room, with its floor-to-ceiling impact windows, offers serene West facing views of a tranquil lake and fountain, creating a perfect backdrop for relaxation. The masterpiece of this condominium is the reconfigured upstairs area, transformed into a luxurious primary suite with peekaboo water views. It boasts a large bedroom with hardwood floors, leading to an oversized walk-in closet with sophisticated built-ins. The suite includes a private office/den/nursery, enclosed by antique stained glass inset French doors and windows, offering an ideal space for productivity or relaxation. The primary bath is a sanctuary, featuring a European Traditions vanity, granite counter, travertine floors, walk in shower, oversized walk in coset with built-ins and a unique porthole window. Two private balconies add to the allure, providing intimate spaces for enjoying the balmy Florida air. Guests are comfortably accommodated in the main floor suite, ensuring privacy and comfort. Additionally, this condominium comes with a one-car garage and the opportunity for lucrative weekly rentals, perfect for those looking to enjoy Siesta Key living part-time and make an excellent income while not in residence. Residents of Gulf & Bay Club Bayside enjoy access to a community pool, clubhouse, fishing pier, recreational center, and tennis courts. Located just minutes from the charming Siesta Village and a short drive to downtown Sarasota's vibrant cultural scene, this home is a rare find for those seeking a blend of luxury, comfort, and the best of Siesta Key living. Make sure to click the virtual tour!
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William Raveis Mortgage, LLC
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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 | $800,000 | $800,000 | $800,000 |
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 | $523 | $523 | $523 |
H/O Insurance Payment | TBD | TBD | TBD |
Initial Principal & Interest Pmt | $5,322 | $5,189 | $7,024 |
Total Monthly Payment | $5,937 | $5,712 | $7,547 |
* 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.