Experience the ultimate in luxury living with this stunning fourth-floor, corner residence at Marina Bay Building I, where the breathtaking vistas of Sarasota Bay and the Harbourside Golf Course greet you the moment you step inside. Nestled within a secluded yet convenient setting, this unique community offers the spaciousness of single-family living paired with the ease of condominium accommodations, making it the perfect retreat for those seeking both privacy and comfort. Bathed in natural light from walls of floor-to-ceiling glass sliders and oversized windows, this 3, 800+ square-foot residence is move-in ready, with an inviting atmosphere designed for immediate enjoyment. The open-concept layout features a wealth of recent updates, including Brazilian Ash hardwood floors, custom-built closets, warm neutral tones throughout, upgraded plumbing and electrical systems, and motorized storm shutters. Additionally, the air conditioning systems were newly replaced in 2021. Upon arrival, you’ll appreciate the convenience of secure, under-building parking (2 spaces!). From there, the private elevator takes you directly to a grand foyer, where double doors open to reveal expansive living and dining areas. The thoughtful design flows seamlessly, allowing for effortless entertaining and daily living. The chef’s kitchen boasts Cambria Quartz countertops, subway tile backsplash, high-end stainless-steel appliances, sleek cabinetry with glass accents, and an island. There’s also a breakfast/wet bar area with a wine cooler, along with a cozy dining nook featuring additional built-in storage. Adjacent to the kitchen, you’ll find a dedicated media room/den, the perfect space for relaxing or gathering with family. Outdoor living is a breeze, with nearly every room in the residence offering access to east and west-facing terraces. The largest terrace, fully screened for added comfort, provides an idyllic setting for savoring bay gentle breezes. The primary bedroom is a private sanctuary, offering terrace access, his-and-her walk-in closets, and a lavish en-suite bathroom adorned with Caesarstone countertops and a wealth of modern upgrades. On the opposite side of the residence, two spacious guest suites are thoughtfully arranged in a split plan, each featuring updated en-suite bathrooms and access to their own private balcony. Marina Bay is a charming, intimate community comprised of just 60 residences, ideally located behind the exclusive gates of the Longboat Key Club. This exceptional neighborhood offers a host of amenities designed to enhance your lifestyle. Residents enjoy 24-hour manned security at the Bay Isles gated entrance, on-site management, and a clubhouse complete with a fitness center, tennis courts, barbecue stations with gas grills, and a bayfront sundeck with gazebos, dining areas, and a heated swimming pool and spa. For beach lovers, deeded access to the residents-only Bay Isles Beach Club is just a short, sunny bike ride away, offering you the perfect escape to Longboat Key’s beautiful shores.
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Our Executive Mortgage Banker:
Our Insurance Division:
$3,195,000
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 | $2,556,000 | $2,556,000 | $2,556,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.250% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.371% | 6.348% | 6.201% |
Monthly Tax Payment | $2,151 | $2,151 | $2,151 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $15,531 | $15,738 | $21,569 |
Total Monthly Payment | $17,807 | $18,014 | $23,845 |
* 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.