This property is leased until 10/1/2025. For other local available properties or future date inquiries, please feel free to reach out. This St. Armands bay front home is a boater's paradise located in between two of Sarasota's largest passes with crystal clear waters and quick access to the Gulf of Mexico. Positioned between downtown Sarasota and the Lido Key Beaches, this residence has very rare, deep-water dockage to accommodate larger yachts with room for jet skis and an additional boat without blocking the mile-wide views. The architecturally designed home on a double lot, was extensively refreshed in 2020 to enhance a casual, yet luxurious feel. Entering through the gates, you will appreciate the many details, finishes, and materials throughout, including the imported Cantera stone. As you enter through the mahogany double doors into the great room with fireplace, open staircase and wet bar area, you appreciate the expansive views of the double-edged infinity pool and spa overlooking the bay. Designed for entertaining, the chef-inspired gourmet kitchen with Wolf and Sub-Zero appliances, includes two hammered stainless-steel sinks as well as dual dishwashers which can handle everyday family dinners to lavish parties. Enjoy your meals in the separate dining room, eat-in nook or the multiple outdoor spaces. The private, first floor master suite has its own wet bar, sitting area overlooking the pool and bay, walk-in closet and spa-like his and her bathroom with soaking tub, and double entry, multiple jet shower that will complete your home-spa experience. With three additional en suite bedrooms on the first floor there is plenty of space for a large family or guests. The garages offer three-car ground floor parking, or you can utilize a lift system to house up to six vehicles. Additional features include an elevator, outdoor summer kitchen, indoor/outdoor state of the art sound system with Apple I-Pads, multiple zone air conditioners, Advantage lighting and security systems. The open plan on the second floor includes a media/game/billiard room with lit quartzite wet bar and bay front sitting area. The large outdoor terrace provides spectacular views of the bay and downtown Sarasota while watching dolphins, birds and fish playing in the emerald-green waters. You will also find a library/sitting area along with another master suite, luxurious bath, and private balcony that overlooks famous St. Armand's Circle. The executive office has sweeping water views along with a separate 1, 000 bottle temperature-controlled wine room. The spacious pool deck has plenty of room for relaxing, dining, swimming and lounging. Walk down to the dock, kayak and paddleboard launch on 100 ft. of bay frontage; perfect for casting a fishing line. You can have it all in this very special home within walking distance to St. Armand's Circle, Lido Beaches and downtown Sarasota, where you can enjoy upscale dining, shopping, live music, theater, art galleries and so much more!
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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 | $30,000 | $30,000 | $30,000 |
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 | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $200 | $199 | $253 |
Total Monthly Payment | $275 | $274 | $328 |
* 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.