Price includes BOAT DOCK. . . . Discover the ideal blend of luxurious coastal living and investment potential in this modern, two-year-old Sarasota condo just six minutes north of downtown Sarasota. Featuring two bedrooms, three full bathrooms, and a versatile den with an adjacent bath (perfect for conversion into a third sleeping area), this residence offers a spacious, open floor plan that makes the most of $20, 000 in upgrades including high-quality lighting fixtures, in-unit laundry room with washer and dryer, electric shades, Fanimation ceiling fans, and custom-built closets. Feel secure with a gated entrance, impact-rated windows, and 9-foot sliders. Parking is a breeze with your own two reserved covered spaces (prime location in garage and under carport) and ample guest parking.
With a never-before-used 16, 000 lb. boat slip, this condo is a boater’s dream. Imagine weekend getaways with super easy bay access, or use this as an income-generating investment property with a rare weekly rental policy. The unit’s western orientation provides breathtaking sunset views from two private balconies, perfect for relaxing or entertaining guests.
The pet-friendly (2 large dog allowance) community pampers owners with an array of exclusive amenities: full time on site manager, dog park, electric car charging stations, 47 private boat slips, a fitness center, large heated pool, hot tub, fire pit, gas grills, and kayak storage and launch. The Strand is an ideally-located gated community with 152 units across two buildings. Located one mile from the Sarasota-Bradenton International Airport (SRQ) and from the Asolo Repertory Theatre, award-winning beaches including Lido Beach, the Ringling Museum, and high-end dining and shopping. This condo is a gateway to Sarasota’s vibrant lifestyle. Whether as a primary residence, weekend retreat, or investment, this waterfront property is a rare opportunity in one of Florida’s most desirable coastal cities. Take advantage of seller financing at an attractive 4. 75% rate with 25% down.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,250,000
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 | $1,000,000 | $1,000,000 | $1,000,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.750% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.343% | 6.876% | 6.725% |
Monthly Tax Payment | $775 | $775 | $775 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,403 | $6,486 | $8,711 |
Total Monthly Payment | $7,303 | $7,386 | $9,611 |
* 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.