PRICED to sell! Beautiful 2 bedroom, 3 bath with den at BAYS0, in the highly sought after K floor plan. Brand new construction (never occupied) unit. BAYSO is Sarasota’s newest downtown crown jewel in luxury condominium living. Nestled within the newly designed Quay, residents will enjoy the convenience of living close to all of the culinary and cultural delights that downtown Sarasota has come to be known for. Located on the 6th floor, this condominium boasts one of the few western facing waterfront views in this unique and spacious 2, 185 square foot split plan design. Immerse yourself in this beautiful residence surrounded by impact rated floor to ceiling windows and sliding glass doors with a European inspired contemporary kitchen with Italkraft cabinetry, quartz countertops and an upgraded JennAir stainless steel appliance package. The spacious owners’ suite contains two walk-in closets with a luxurious spa like en-suite with double vanities, soaker tub and separate oversized shower. The second bedroom also provides its own privacy with a full bathroom and walk-in closet. The bonus den offers flexibility for more guest space or a home office with an adjacent third full bathroom for your guests. The BAYSO features an abundance of amenities as you enter the inviting 1st floor lobby with 24/7 attendants, onsite property management, a beautiful club lounge with a catering kitchen for events, a state-of-the-art fitness center and movement studio for personal training or group classes and a private conference room including several common glass enclosed workstations for residents' private use. The 5th level highlights include the elevated resort style pool and spa, a community recreation area with a pergola-covered grilling station and a dog park for any pet owners to enjoy while being surrounded by picturesque views. Ensuring convenience, the property also includes two (2) highly sought after parking spaces, extra owner humidity-controlled storage on the first level as well as a separate bicycle storage area. Enjoy walks next door at The Bay Sarasota, on one of the many walking paths along the 53 acre waterfront park for a short stroll, take in some live music or simply bask in the beauty of the Sarasota sunsets.
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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 | $1,439,200 | $1,439,200 | $1,439,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.750% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.864% | 6.810% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $9,215 | $9,335 | $12,636 |
Total Monthly Payment | $9,340 | $9,460 | $12,761 |
* 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.