Location, location, location. This inviting elevated and beautifully furnished waterfront home is on a tranquil and deepwater natural bayou, with no bridges to Sarasota Bay and just moments to the Gulf of Mexico. North Longboat Key is known for its incredible turquoise gulf-to-bay waters and beautiful sandy beaches. This property is near the heart of favored boating and recreational areas, yet it provides exceptional privacy. The Key West-style home is elevated, airy, well-maintained and has a new roof. Entering through the ground-level foyer, ascend to the main living space via elevator or plush carpeted stairs. You will find a bright open floor plan with a great room, an open office or study area, a spacious balcony deck for alfresco dining, and a unique atrium bringing the outdoors in and overlooking the bayou where you may just see a gentle manatee swimming by. The open kitchen with breakfast bar and dining room provides a setting for socializing while cooking, enjoying meals or entertaining. On the main level there is also a convenient bedroom with an en suite and walk-in closet which can be used as a primary suite or enjoyed by guests. The third floor offers two more bedrooms, one with a large private balcony and en suite access or a Jack-and-Jill bath. The property offers beautiful views of lush tropical vegetation, a private boat dock, plenty of parking and storage and only one other nearby house. Owner had plans to install a boat lift on dock. Launch your boat from two nearby public ramps or kayaks from your backyard or cross the street for convenient white sandy gulf beaches and Greer Island access. Just down the street you have numerous popular restaurants with waterfront dining, shops, fitness centers, coffee shops and more, providing a wonderful island living experience from this private home on Longboat Key. Bring your golf cart and water toys and experience what North Longboat Key provides over any other areas of the island.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,250,000
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 | $1,800,000 | $1,800,000 | $1,800,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.750% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.321% | 6.826% | 6.936% |
Monthly Tax Payment | $1,052 | $1,052 | $1,052 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $11,675 | $11,675 | $15,928 |
Total Monthly Payment | $12,852 | $12,852 | $17,105 |
* 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.