PRICE INCLUDES BOAT SLIP AND FURNITURE! Welcome to The Strand, an exquisite never-lived-in unit with a boat slip! This bright and inviting 1 bedroom + den and 2 full bath unit features a spacious open-plan living area with sliders leading to a wide terrace, providing a perfect spot for your morning coffee or evening relaxation. The well-appointed kitchen is a culinary haven with stainless Steele appliances, and the master bedroom boasts a walk-in closet for added convenience. Additionally, a separate den/office with a closet offers versatility for guests or a home office. Situated in the gated community of The Strand, nestled on Whitaker Bayou, enjoy direct access to Sarasota Bay and the Gulf of Mexico. Just one mile north of downtown Sarasota, this location places you amidst the vibrant arts scene, delectable dining options, and diverse shopping experiences. Your comfort is prioritized with one allocated, covered parking spot under the building, ensuring convenience and security along with a dedicated storage unit. The community itself boasts a range of amenities, including a heated pool and spa, a fitness center, kayak/paddleboard launch, fishing spots, a dog walking area, outdoor grills, and electric car charging stations. Perfectly positioned near Ringling College and Museum, New College, SRQ Airport, and with quick access to St Armand’s Circle, Lido Beach, and Longboat Key, The Strand offers a lifestyle of convenience and luxury. This exceptional unit is available furnished or unfurnished. Don't miss the opportunity to call The Strand home—a private enclave with resort-style living, combining elegance and modernity in Sarasota's coveted waterfront setting. Whether you seek a primary residence, vacation home, or investment property, with a 1-week minimum lease period The Strand exceeds expectations, inviting you to experience the pinnacle of Sarasota living.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
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Our Executive Mortgage Banker:
Our Insurance Division:
$734,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $587,200 | $587,200 | $587,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $333 | $333 | $333 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,907 | $3,903 | $5,035 |
Total Monthly Payment | $4,331 | $4,327 | $5,459 |
* 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.