Experience the pinnacle of elegance and comfort in this stunning two-bedroom, two-bath residence, in the heart of Sarasota in a gated community on Sarasota Bay, where breathtaking views of the bay, Ringling Bridge, Longboat Key, and magnificent water and city views will captivate you every day. This beautifully renovated sanctuary welcomes you with a light-filled oasis featuring an open floor plan designed for seamless entertaining, flowing effortlessly from the elegant living room onto a generously sized private terrace, ideal for savoring spectacular sunsets while dining alfresco. Retreat to the sumptuous primary suite, where serene bay vistas offer an idyllic atmosphere for relaxation, complemented by recent upgrades including a fully renovated guest bath and luxurious primary bath. Elevating your lifestyle further, the prestigious community provides resort-style amenities such as two heated swimming pools, private boat docks, tennis and pickleball courts, a newly renovated sauna, alongside state-of-the-art fitness facilities and an outdoor grilling station. With added convenience from a dedicated underground parking spot, this residence offers it all. Just steps from the vibrant 40-acre park, The Bay, and a short drive from the chic Rosemary District and St. Armands Circle, you'll enjoy unparalleled access to dining, shopping and cultural offerings, all while being just a 10-minute drive from SRQ Airport for effortless travel. Don’t miss this exceptional opportunity to embrace a luxurious waterfront lifestyle in Sarasota and make this exquisite residence your new home for a season or even longer!
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Our Executive Mortgage Banker:
Our Insurance Division:
$7,500
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $6,000 | $6,000 | $6,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $40 | $40 | $51 |
Total Monthly Payment | $115 | $115 | $126 |
* 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.