BOATERS must see! You will not find a better value in Manatee or Sarasota County to dock your boat right outside your condo. Assigned dock space for $2 a foot per month. Wow! Completely modernized and remodeled waterfront condo unit with direct access, no bridges, to Sarasota Bay and the ICW. The owner has spared no expense. Kitchen & both bathrooms were remodeled down to the studs, plumbing replaced, electrical panel moved to create an expansive island for entertaining your friends & family. Stunning 24"x 48" high end porcelain tile throughout. New hot water heater in 2021 & new hvac in 2019. A short canal ride takes you to the wide-open Sarasota Bay. You can see the Sarasota Ringling bridge when approaching the bay. A short 10–15-minute boat ride south will have you at lunch at handful of some of the best waterfront restaurants in Sarasota like Marina Jacks, the Salty Dog, Dry Dock etc. . . Take a beautiful, leisurely boat ride north and you can spend the afternoon basking in the sun and exploring the clear, turquoise waters at the famous sandbar, Jewfish Key, with your family & friends. Once you have had enough sun, keep heading north up the ICW to Cortez for live music and a late lunch at the Swordfish Grill or Cortez Kitchen. Do you want the freshest seafood in town? The Starfish grill in Cortez (right next door to the commercial fishing boats that supply all the local restaurants) is the best in town! Bridge Street in Bradenton Beach is also a hugely popular boater's favorite. Bridge Street Pier area is a quaint old Florida feel with great bar and restaurant hopping, live music, shopping, ice cream, and waterfront pier for a stroll and some fishing. Bridge Street is just a 20-25 minute boat ride from this centrally located condo. More of a fisherman? Exit the channel at Sarabay Coves Condominium, and head north 10 minutes to New Pass into the Gulf of Mexico or South 15 minutes to Longboat Pass into the Gulf! These condos truly have the best, centralized access to Sarasota and Manatee County's boating waters! HOA fees include internet, cable, water, sewer, trash, pool, jacuzzi, clubhouse, tennis courts, building insurance, flood insurance, liability insurance for the common areas and HOA, and a property management company.
Please note, pictures of amenities are prior to the storm damage of the pool, clubhouse and tennis courts. The community has signed contracts and are on wait lists to restore the amenities. Listing agent is on the HOA board and can answer any questions. Condo itself did not sustain any storm or flood damage. Are you an avid boater? Sarabay Coves is the place to be! Truly the best boating location and waters in the two-county area.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $287,200 | $287,200 | $287,200 |
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 | $222 | $222 | $222 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,911 | $1,909 | $2,463 |
Total Monthly Payment | $2,208 | $2,206 | $2,760 |
* 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.