Under contract-accepting backup offers. Step into unparalleled Gulf-front luxury with this exquisite residence on the fifth floor of coveted Building IV at The Sanctuary. This Furnished, move-in-ready three-bedroom retreat spans nearly 2, 600 square feet, offering stunning panoramic views of the Gulf, Longboat Key Club’s golf course, Sarasota Bay, and the downtown city skyline. This beach-to-bay residence features new (2018) turtle-proof impact windows and sliders that frame these breathtaking vistas, creating an inviting and sunlit living space. Upon entering, you'll be greeted by the expansive open-concept living and dining area, stretching 35 feet and seamlessly connecting to the Gulf-front terrace. This outdoor space extends the living area, making it perfect for relaxation or entertaining. The adjacent eat-in kitchen is a equipped with double built-in ovens, a pantry, and laundry closet. A charming dining nook surrounded by bay windows offers access to an east-facing terrace, enhancing the home's light-filled ambiance. The secluded primary suite, located on the west side of the residence, is a true retreat. It boasts stunning beach views, walk-in closet, marble bathroom, and direct access to the west terrace where you can enjoy breathtaking sunsets. Two additional guest bedrooms, one of which is en-suite, are thoughtfully placed on the east side to ensure privacy and comfort for visitors. This special residence comes complete with under-building parking, plus additional owner’s storage (additional parking space is available for purchase separately). The Sanctuary offers a resort-style lifestyle within the gated Longboat Key Club community. Residents can enjoy a Gulfside swimming pool with cabanas, an extensive sundeck, and an outdoor bar, as well as a heated pool and spa. The community also features tennis courts, a state-of-the-art fitness center, and a variety of clubhouse activities. A boardwalk provides direct access to the pristine beach, while a 24-hour manned guard gate and on-site management ensure security and convenience. For an enhanced lifestyle, consider joining the renowned Longboat Key Club, available for purchase separately. Membership grants access to world-class amenities, including immaculate golf courses, top-tier tennis facilities, a resort-style pool deck, a fully equipped fitness center, rejuvenating spa services, exquisite dining options, and premier marina facilities. Embrace this unique opportunity to live in a sophisticated coastal paradise where luxury and natural beauty come together at The Sanctuary.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,795,000
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 | $2,236,000 | $2,236,000 | $2,236,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.125% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.443% | 6.258% | 6.201% |
Monthly Tax Payment | $1,295 | $1,295 | $1,295 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $13,586 | $13,586 | $18,869 |
Total Monthly Payment | $15,005 | $15,005 | $20,288 |
* 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.