One or more photo(s) has been virtually staged. Under Construction. Photos are for demonstration purposes only and may not reflect the actual unit or floor plan in the building. Located on the water's edge of Little Sarasota Bay in Osprey, Florida, is the beautiful gated, 12-acre resort-style community of Edgewater at Hidden Bay. The final waterfront building of 16 units is now under construction, to be completed in 2024, and is designed in the Key West architectural style. Watch the most breathtaking sunsets from your private screened-in balcony in this three-bedroom, two-bath plus den unit. Inside the unit, you'll find a spacious gourmet kitchen with stainless steel appliances, granite countertops, maple cabinetry, counter seating, and plenty of storage space. The living room and dining room are also spacious and feature an open floor plan. The primary bedroom is expansive with large dual walk-in closets. The primary bath boasts dual vanities and a glass-framed shower. Kohler plumbing fixtures, hurricane impact-resistant windows and doors, a full-size washer and dryer, and a high-efficiency central air conditioning unit are standard features. Hidden Bay has a fabulous newly renovated clubhouse featuring a full catering kitchen, a fully stocked reading library, a professional fitness room, an entertainment area, and a dining room for dinner or cards. The second-floor unit offers wood flooring and premium quartz countertops. There's a heated pool and spa with an expansive sundeck, grilling station, two lit pickleball courts and one tennis court, a pond with water fountains, a kayak launch, a 500-yard boardwalk that meanders through lush mangroves and palm fields to a handsome fishing pier. Each unit has under-building parking with a secured storage unit. This fantastic location is centrally located between historic Venice and vibrant downtown Sarasota. It's close to local beaches, airports, restaurants, multiple marinas, shopping, and so much more. A limited supply of these beautiful waterfront units is left! Come visit Edgewater at Hidden Bay- it's truly a hidden gem!
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Our Executive Mortgage Banker:
Our Insurance Division:
$780,250
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 | $624,200 | $624,200 | $624,200 |
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 | $69 | $69 | $69 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,153 | $4,149 | $5,352 |
Total Monthly Payment | $4,313 | $4,309 | $5,512 |
* 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.