Located directly on the beautiful Gulf of Mexico beach and ready to move into tomorrow. It's rare to find a condo at this price with these levels of finish. No detail was overlooked in the one-year-old Total interior renovation at Privateer South, behind the gates of the Longboat Key Club. Kitchen and bathrooms boast high end finishes including Miele, Wolf, Kallista and Robern, along with custom “line” lighting. This corner unit has two balconies one overlooking the pristine private beach with views to Siesta Key and the other balcony the Longboat Key Club golf course, city and bay views. Spacious, open floorplan with split bedrooms provides loads of storage and privacy. Also, in the last few years more upgrades include the high impact windows, air conditioning and water heater. These mechanical upgrades along with the attention to detail in every aspect of the renovation, bring this condominium into the new age. IN-UNIT LAUNDRY is just another WOW, what wasn't thought of? Comfortable, refined, minimal and immaculate. Superbly located resort living with Olympic size pool, fire pit, shuffleboard, tennis and soon to be pickleball courts, party room, exercise room, grills and covered parking. Near nature trails, Saint Armands Circle, downtown Sarasota with all its arts and culture, shopping, restaurants and entertainment. Don’t miss this one.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,285,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,028,000 | $1,028,000 | $1,028,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.750% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.799% | 6.876% | 6.850% |
Monthly Tax Payment | $871 | $871 | $871 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,839 | $6,668 | $9,026 |
Total Monthly Payment | $7,835 | $7,664 | $10,022 |
* 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.