This third-floor Hidden Bay home starts with stunning world-class views of the pool, lagoon, and swaying palm trees. Hidden Bay is a gated community and a hidden gem located just south of Sarasota on Sarasota Bay. The pool and Pickle Bar courts are central to the community and are often used for community events enjoyed by all. The unit is in move-in condition and features wood flooring in the main areas and carpet in the bedrooms and den. The upgraded kitchen features stainless appliances and granite counters. There is also a center island with additional storage that can make the whole entertaining area of the home centered around meals for the chief in all of us. The sizeable primary bedroom features spectacular views and direct access to the relaxing lanai. Pass through the double walk-in closets to the enormous bath with double sinks, a garden tub, and an inviting full shower. An often rare feature in other condos is the full-size laundry and storage area located within the home. The second bedroom has a walk-in closet and direct access to the second full bath. The den can also function as a multi-use room with an exercise area. The community is gated, and access to the building has a second layer of security for complete peace of mind. Elevators make getting to the upper floors easy. There is plenty of guest parking, and owners are provided with their own under-building garage space. The complete list of amenities is quite robust, including a heated pool and spa with a large deck and tiki hit, a clubhouse offering a kitchen and dining area, grilling areas, a lighted tennis court, pickleball courts, a kayak launch and fishing pier accessed by way of a 500 yard raised boardwalk which meanders through lush mangroves and palms. The dock area is also a great place to relax by the water and enjoy the many sunsets Sarasota is known for. Hidden Bay is very convenient to the beaches of Sarasota and Venice, including Siesta Key and Nokomis Beaches. Some nearby choices for enjoying waterfront dining include Spanish Point, Pop’s Waterside, Sharky’s on the Pier, and WaterfrontToo, but the list is almost endless. Let us not forget the cultural events, such as the Venice Shark’s Tooth Festival, The Venice Opera, and The VanWezel in Sarasota. There is also Drummer’s Circle on Siesta Beach. It’s all about the Florida Lifestyle, and Hidden Bay is the perfect location to enjoy the benefits of living on the Suncoast of Florida. First, last, and security required. Unit is also for sale. Check A4603733
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $1,760 | $1,760 | $1,760 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.125% | 4.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.512% | 6.273% | 5.248% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $11 | $11 | $14 |
Total Monthly Payment | $86 | $86 | $89 |
* 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.