4700 Gulf Of Mexico DRIVE, #PH6, Longboat Key, FL, 34228 | $799,900

BREATHTAKING BAYFRONT WATER-VIEW PENTHOUSE! WELCOME TO PARADISE! Back on the market after new exterior painting of entire building and new paint of entire interior of penthouse. Rare opportunity to own this beautiful END-UNIT, one of a kind two-bedroom, two-bathroom penthouse. The Best Bayfront Water Views with direct panoramic viewing of Sarasota Bay, the Intercoastal Waterway and Downtown Sarasota. Relax in the Florida room while watching the dolphins swim, manatees play or enjoy a cacophony of birds for your viewing pleasure. Experience spectacular sunrises from almost every room or walk across the street to a private deeded Gulf of Mexico beach access and be mesmerized by stunning sunsets and sugary sand beaches. This property is not just a home, but a lifestyle filled with serenity and natural beauty. Beautiful recently remodeled kitchen and bathrooms.
“Pet Friendly” Windward Bay is a low-density residence and magical wildlife haven nestled mid Longboat Key on 26 acres, which is both well-manicured, beautifully landscaped and graced with 1/2 a mile of waterfront trails for your enjoyment. Unparalleled amenities include 2 tennis/pickleball courts, 2 marinas with 28 boat & jet ski slips for a low monthly fee (waitlist), kayak racks, 2 heated pools, shuffleboard, bike racks, a clubhouse with kitchen, library, fitness room, meeting room, 2 saunas, and two community fire pits. Steps away from the tranquil Gulf of Mexico with one deeded beach access and two public beach accesses directly across the street. For those seeking outdoor adventure, this property offers direct access to the water, making it perfect for boating, fishing, or simply enjoying a day on the water. Whether you prefer a peaceful kayak ride or a thrilling jet ski adventure, the possibilities are endless. With convenient access to Downtown Sarasota, St. Armands Circle, championship golf courses, renowned restaurants, shopping destinations, and vibrant cultural attractions, you'll never have a shortage of entertainment options. The Windward Bay Association has been busy with a multitude of improvements and updates in the last few years including: Brand new roofs on all of the midrises in 2023/2024, new catwalks, villa modernizations, landscaping, safety improvements & enhancements. Seller paid capital improvement assessment projects in full. Monthly dues are $1, 303. The State of Florida Structural Integrity Phase 1 Milestone Inspection is complete and Windward Bay is certified for another 10 years. This is your lucky day for an AMAZING OPPORTUNITY! Don't miss your chance to own a slice of paradise and indulge in the magic of waterfront living. Schedule your private tour today and make your dreams a reality.

Features

  • Elevator: Y
  • Heating: Electric
  • Cooling: Central Air
  • Levels: 4
  • Rooms: 5
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: Inside
  • Complex: WINDWARD BAY AMD
  • Year Built: 1975
  • Approx Sq. Feet: 1,523
  • Acreage: 26.67
  • Est. Taxes: $7,842
  • Condo Fee: $1,303 Monthly
  • Lot Desc: Near Marina, Street Dead-End
  • View: Water
  • Elem. School: Anna Maria Elementary
  • Middle School: Martha B. King Middle
  • High School: Bayshore High
  • Pool: Heated, In Ground
  • Pet Policy: Breed Restrictions, Dogs OK, Number Limit, Size Limit, Yes
  • Appliances: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Refrigerator, Washer
  • MLS#: A4604266
  • Days on Market: 198 days
  • Website: https://www.raveis.com
    /prop/A4604266/4700gulfofmexicodrive_longboatkey_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 11/22/2024 5:53:28 AM)
Listing courtesy of COLDWELL BANKER REALTY   Phone: 941-366-8070

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4700 Gulf Of Mexico DRIVE, #PH6, Longboat Key, FL, 34228

$799,900

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 Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $639,920 $639,920 $639,920
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.477% 7.159% 6.296%
Monthly Tax Payment $654 $654 $654
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,257 $4,253 $5,397
Total Monthly Payment $5,003 $4,999 $6,143

* 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.