312 Bay DRIVE S, #4, Bradenton Beach, FL, 34217 | $1,150,000

Under contract-accepting backup offers. Enjoy stunning, panoramic views of Sarasota Bay in this light-filled, luxury
corner unit condo in Old Bridge Village. The prime location gives you so
many options for fun: launch your boat from your own boat slip for a day on
the water, fish from your dock, swim in the pool and then relax in the hot
tub, walk a block to the Gulf for a beach day or a sunset viewing, or stroll
down to Bridge Street to shop, have a cocktail or dine. More than 25 walkable restaurants.
The Cortez Bridge is just minutes away, making it easy to travel on and off the island.

Some of the features of this airy condo include soaring ceilings and crown
molding throughout, dual primary suites with walk-in closets, a home
office/media room with a built-in desk and bookcases, high-end stainless
kitchen appliances, tiles floors, plenty of built-in storage, and a spacious,
screened lanai overlooking Sarasota Bay and the lovely courtyard fountain.

An enclosed garage keeps your car cool and protected; a second assigned
space is located outside, under cover. Inside the garage is your own large,
lockable storage room for bikes, beach gear, tools, etc.

Old Bridge Village includes 13 units and has a nice, “neighborly” feel. Pets
are allowed. Included in the Association fees are gas, cable and internet,
water, and trash. An elevator in the lobby serves this unit plus the 3 others in
the building. All new roofs were installed in July, 2024, and building exteriors
will be painted this fall. Windows are hurricane-rated.

This unit lives and feels like a luxury waterfront home but provides all the
“lock it and go” conveniences of a condo. Make it your full-time home, or
come and go with family and friends to your island retreat as often as you
can.

Photos taken prior to sellers moving out, and all personal property has been removed.

Features

  • Elevator: Y
  • Heating: Central, Electric
  • Cooling: Central Air
  • Levels: 3
  • Amenities: Elevator(s), Lobby Key Required, Maintenance, Pool, Storage
  • Rooms: 7
  • Bedrooms: 2
  • Baths: 3 full
  • Laundry: Electric Dryer Hookup, Inside, Laundry Closet, Washer Hookup
  • Complex: OLD BRIDGE VILLAGE PH 3
  • Year Built: 2004
  • Approx Sq. Feet: 1,717
  • Est. Taxes: $10,700
  • Condo Fee: $5,169 Quarterly
  • Lot Desc: Corner Lot, FloodZone, City Lot, Landscaped, Near Marina, Near Public Transit
  • View: Water
  • Elem. School: Anna Maria Elementary
  • Middle School: Martha B. King Middle
  • High School: Bayshore High
  • Pet Policy: Breed Restrictions, Cats OK, Dogs OK, Number Limit, Size Limit
  • Appliances: Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Gas Water Heater, Ice Maker, Microwave, Range, Refrigerator, Tankless Water Heater, Washer, Wine Refrigerator
  • MLS#: A4622526
  • Days on Market: 42 days
  • Website: https://www.raveis.com
    /prop/A4622526/312baydrives_bradentonbeach_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 11/25/2024 11:52:02 PM)
Listing courtesy of PREFERRED SHORE   Phone: 941-999-1179

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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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312 Bay DRIVE S, #4, Bradenton Beach, FL, 34217

$1,150,000

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 $920,000 $920,000 $920,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.750% 6.625% 6.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.321% 6.750% 7.038%
Monthly Tax Payment $892 $892 $892
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $5,967 $5,891 $8,141
Total Monthly Payment $6,984 $6,908 $9,158

* 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.