888 Blvd Of The Arts, #1008, Sarasota, FL, 34236 | $1,500,000

Premier 10th-Floor Condo with Stunning Water Views. Introducing a rare gem in the coveted Condo on the Bay community—an impeccably maintained 10th-floor home featuring breathtaking water views. This exquisite two-bedroom (and THIS UNIT 2nd BEDROOM HAS the rare WINDOW VIEWS!!!), two-bath unit offers the ultimate in modern living and convenience, close to Sarasota’s newly acclaimed The Bay park. Enjoy the luxury of a great room design with an open kitchen, ideal for entertaining against the backdrop of spectacular sunsets. The master suite boasts a private terrace, custom walk-in closet, dual sinks, and a spa-like shower. The versatile guest bedroom doubles as an office, with built-in Murphy beds for guests. The community offers unparalleled amenities: bayfront pools, a 24/7 security gatehouse, concierge service, tennis/pickleball courts, boat docking, kayak storage, a fishing pier, fitness rooms, and a social gathering room. Embrace the vibrant community life with morning exercise classes, happy hours, trivia nights, and more. With over 53 acres of parkland, including a concert stage, mangrove walkways, play areas, public gardens, and an event center, this location offers endless opportunities for outdoor enjoyment. Plus, you’re within short distance of downtown Sarasota and a short drive from St. Armand’s Circle, Lido Key, and Siesta Key beaches. Don’t miss this chance to own a premier residence in one of Sarasota’s most desirable locations.

Features

  • Elevator: Y
  • Heating: Central, Electric
  • Cooling: Central Air
  • Levels: 1
  • Rooms: 8
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: Other
  • Complex: CONDO ON THE BAY TOWER I
  • Year Built: 1982
  • Common Charge: $2,920 Quarterly
  • Approx Sq. Feet: 1,642
  • Acreage: 107006
  • Est. Taxes: $7,641
  • Condo Fee: $1,920 Quarterly
  • View: Water
  • Elem. School: Alta Vista Elementary
  • Middle School: Booker Middle
  • High School: Booker High
  • Pet Policy: No
  • Appliances: Cooktop, Dishwasher, Disposal, Electric Water Heater, Ice Maker, Microwave, Refrigerator
  • MLS#: A4618623
  • Days on Market: 36 days
  • Website: https://www.raveis.com
    /prop/A4618623/888blvdofthearts_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 9/19/2024 5:32:14 PM)
Listing courtesy of SHOWTIME REALTY   Phone: 941-822-0890

William Raveis Family of Services

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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

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Our Insurance Division:

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888 Blvd Of The Arts, #1008, Sarasota, FL, 34236

$1,500,000

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 $1,200,000 $1,200,000 $1,200,000
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 $637 $637 $637
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $7,291 $7,291 $10,126
Total Monthly Payment $8,053 $8,053 $10,888

* 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.