988 Blvd Of The Arts, #1816, Sarasota, FL, 34236 | $1,400,000

With our endless and gorgeous Florida days, you can see forever from here! Take in the full, unobstructed water views of beautiful Sarasota Bay all the way to the Gulf of Mexico on the horizon! Only from the 18th & 19th floors can you see this far out, and rarely do these upper-level apartments become available. Luxury interior designer Missi Youngblood of Missi & Company Design House oversaw the complete remodel of this home. Special flooring was selected - UA Grecian Series Natural Hickory Wood - for the main living areas, the kitchen and the guest room. The renovated kitchen and 2 bathrooms have soft-close Euro hinge cabinets, and granite countertops. In the kitchen, high-end KitchenAide applicances include: refrigerator, convection oven, microwave oven, cooktop, vent, and dishwasher. Full-size stacked GE washer and dryer are smartly tucked away in the kitchen too. Other features added in this apartment for quality healthy life are: • Remy Halo whole house air purifier, • Everpure Commercial grade water filter, • Smith Proline Commercial Grade Water Heater. The sliders were recently replaced with • Plaza HBP Lowe-E sliding glass doors (Miami Dade grade), and • Lluma Vista security window film was added to the master bedroom windows (lifetime guarantee). Other fine touches include a floating bar in the living room, and custom • Allure window shades (motorized in the master bedroom).
The Condo on the Bay also offers a wide array of amenities exclusively for its residents and guests of both Towers I and II. These amenities include: • 2 Swimming Pools - North and South, • 4 Lighted Pickleball Courts, • Lighted Tennis Courts, • Exercise Facilities & Sauna Rooms, • Boat Docks, Kayak Racks, and Fishing Piers - North and South. This active community also participates in many social events such as Mahjongg & card games, discussion & screening, family/group gatherings and fellowship, and Happy Hour. There is something here for everyone.
It is time to experience a luxurious urban life from the 18th floor of Tower II, in the pulsing heart of Downtown Sarasota!

Features

  • Elevator: Y
  • Heating: Central
  • Cooling: Central Air, Humidity Control
  • Levels: 18
  • Amenities: Elevator(s), Fitness Center, Gated, Maintenance, Pickleball Court(s), Pool, Recreation Facilities, Security, Spa/Hot Tub, Tennis Court(s)
  • Rooms: 5
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: In Kitchen, Inside
  • Complex: CONDO ON THE BAY TOWER 2
  • Year Built: 1982
  • Approx Sq. Feet: 1,555
  • Est. Taxes: $8,318
  • Condo Fee: $2,593 Quarterly
  • Pet Policy: Cats OK, Dogs OK
  • Appliances: Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Refrigerator, Washer, Water Filtration System
  • MLS#: A4620234
  • Days on Market: 69 days
  • Website: https://www.raveis.com
    /prop/A4620234/988blvdofthearts_sarasota_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 11/23/2024 11:35:06 PM)
Listing courtesy of RE/MAX ALLIANCE GROUP   Phone: 941-486-8686

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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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988 Blvd Of The Arts, #1816, Sarasota, FL, 34236

$1,400,000

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 $1,120,000 $1,120,000 $1,120,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.625% 6.625% 6.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.282% 6.762% 6.036%
Monthly Tax Payment $693 $693 $693
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $7,171 $7,171 $9,834
Total Monthly Payment $7,989 $7,989 $10,652

* 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.