2318 Bay STREET, Sarasota, FL, 34237 | $2,099,000

Outstanding opportunity to own a brand-new luxury home in the heart of Sarasota. This Well-Constructed (NO KNOWN DAMAGE FROM STORMS) 4-bedroom, 4 full bath custom built 2 story pool home boast 3628 sq ft of living area plus a 2-car garage with epoxy finish. From the paver driveway and walkway with wood ceiling to the elegant hurricane rated Impact glass front door you will feel the quality immediately. The luxury vinyl flooring is carried thru the entire main living areas and all 4 baths have upgraded ceramic tile. The gourmet kitchen is very open to all areas of the bottom floor and features quartz countertop, solid wood cabinets with soft closing drawers, high-end Thermador SS appliances including over, microwave, large refrigerator and gas cooktop on separate kitchen island including custom hood and sitting area also featuring a large quartz countertop. All windows and doors are hurricane rated Impact glass for additional strength and safety. The dining room/living room have high soaring ceilings that adds a feel of spaciousness and there is also a large family room that overlooks the pool and paver deck area. The 2nd bedroom is on the 1st floor along with a guest/pool bath with décorative fixtures and a large shower. A generous laundry room with washer/dryer, upper and lower cabinets with sink is conveniently located adjacent to the garage and has access from the garage and from the main living area. There is storage space under the staircase and includes a tankless water heater. The stylish stair rails lead to a very efficient 2nd story loft area with 2 in-floor electrical outlets and overlooks the dining/living area. The large primary bedroom has a private covered balcony with wood ceiling and overlooks the back yard pool area. The primary bath includes quartz countertop with double sinks, a large glass shower and a free-standing soaking tub and decorative fixtures. Bedroom #3 includes an en-suite bathroom with solid countertop and shower with floor to ceiling tile. Bedroom #4 has private access to bath #4 which includes solid surface counter and tub with floor to ceiling tile. Outside the home is fully fenced with high quality vinyl for privacy and landscaped with large tropical trees. There is a large courtyard area on the side of the home accessed from the 4 sliding glass doors near the kitchen and includes pre-plumbed for water, gas and electric as well as a pass-thru window from the kitchen. The private backyard is highlighted by the open-air saltwater pool, paver decking and lush landscaping. The exceptional location of the home gives great access to all services including shopping, restaurants, Sarasota Memorial hospital, Downtown Sarasota, Siesta Key and Lido world famous beaches and much more. Call today for your private showing.

Features

  • Rooms: 8
  • Bedrooms: 4
  • Baths: 4 full
  • Laundry: Laundry Room
  • Year Built: 2024
  • Garage: 2-car
  • Heating: Heat Pump
  • Cooling: Central Air
  • Approx Sq. Feet: 3,628
  • Acreage: 0.16
  • Est. Taxes: $2,956
  • Pool: Pool Alarm
  • Appliances: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Gas Water Heater, Microwave, Refrigerator, Tankless Water Heater, Washer
  • MLS#: A4626591
  • Days on Market: 22 days
  • Website: https://www.raveis.com
    /eprop/A4626591/2318baystreet_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 11/23/2024 11:32:07 PM)
Listing courtesy of BERKSHIRE HATHAWAY HOMESERVICE   Phone: 941-907-2000

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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
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
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Yokadi MejiaInsurance Sales Director, William Raveis Insurance

561.335.7966

Yokadi.Mejia@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

2318 Bay STREET, Sarasota, FL, 34237

$2,099,000

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 $1,679,200 $1,679,200 $1,679,200
Term 360 months 360 months 180 months
Initial Interest Rate** 6.625% 6.625% 6.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.282% 6.762% 6.036%
Monthly Tax Payment $246 $246 $246
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $10,752 $10,752 $14,743
Total Monthly Payment $11,123 $11,123 $15,114

* 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.