888 Blvd Of The Arts, #1701, Sarasota, FL, 34236 | $2,500,000

Welcome to Condo on the Bay in Sarasota, the ultimate in luxury living with every feature needed for a refined lifestyle! From the moment you step into this impeccably designed penthouse, you'll be captivated by its airy, sunlit spaces and breathtaking views of Sarasota Bay, framed by expansive windows and glass doors. The elegance of this residence is showcased through unique details like sleek modern tile flooring, ambient inset lighting, and custom built-ins throughout. For the culinary enthusiast, the gourmet kitchen is a dream come true, with abundant wood cabinetry, spacious granite-topped island, and built-in pantry. The generous owner’s suite offers serene bay views, walk-in closet, lavish ensuite bathroom complete with dual vanities and walk-in shower. The balcony is the heart of this home, where you can unwind with panoramic 180-degree views of Sarasota Bay, often visited by playful dolphins and gentle manatees in the sparkling blue waters below. Condo On The Bay also offers premium amenities, including shimmering pool, relaxing bayfront patio, and convenient boat slips for residents, allowing you to embark on Sarasota’s beautiful waters right from your doorstep. Each tower provides its own pool, fitness center, and inviting lounge areas. Just minutes away, you’ll find the best of Sarasota’s vibrant downtown, including cultural gems like the Van Wezel Performing Arts Hall, boutique shopping, and fine dining. Plus, the white sands of Lido Beach are just a short drive away, perfect for sun-soaked afternoons by the Gulf. If you’re seeking a home that combines luxury, comfort, and stunning natural beauty, this is an opportunity you won’t want to miss. Is this condo your perfect match?

Features

  • Elevator: Y
  • Heating: Central
  • Cooling: Central Air
  • Levels: 19
  • Amenities: Elevator(s), Fitness Center, Gated, Pickleball Court(s), Pool, Security, Tennis Court(s)
  • Rooms: 6
  • Bedrooms: 3
  • Baths: 2 full / 1 half
  • Laundry: Inside, Laundry Room
  • Complex: CONDO ON THE BAY TOWER I
  • Year Built: 1982
  • Common Charge: $2,315 Quarterly
  • Approx Sq. Feet: 2,315
  • Est. Taxes: $18,891
  • Condo Fee: $3,595 Quarterly
  • Lot Desc: Landscaped, Near Marina, Private, Sidewalk
  • View: Water
  • Elem. School: Alta Vista Elementary
  • Middle School: Booker Middle
  • High School: Booker High
  • Pet Policy: Yes
  • Appliances: Dishwasher, Dryer, Microwave, Range, Range Hood, Refrigerator, Washer
  • MLS#: A4629046
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/A4629046/888blvdofthearts_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 11/19/2024 3:17:14 PM)
Listing courtesy of HOUSE MATCH   Phone: 941-213-7028

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
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  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

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
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

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
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

888 Blvd Of The Arts, #1701, Sarasota, FL, 34236

$2,500,000

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 $2,000,000 $2,000,000 $2,000,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.625% 6.750% 6.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.282% 6.851% 6.790%
Monthly Tax Payment $1,574 $1,574 $1,574
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $12,806 $12,972 $17,560
Total Monthly Payment $14,505 $14,671 $19,259

* 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.