Step into this stunning panoramic setting and behold the breathtaking views that await you. As the elevator doors open, you'll be greeted by an abundance of natural light and picturesque vistas of downtown Sarasota. This 2-bedroom, 2-bathroom split-plan layout is designed to provide maximum privacy for both residents and guests. Each bedroom features walk-in closets and large windows adorned with custom blinds or plantation shutters, offering a perfect blend of elegance and functionality. For added peace of mind, all windows are equipped with hurricane shutters. This home has been thoughtfully updated with a new refrigerator in 2024, a new A/C and dishwasher in 2022, and a new hot water tank in 2020. Convenience is at your fingertips with in-unit laundry and a secured under-building parking space complemented by additional locker storage. The residence is pet-friendly, making it even more inviting for animal lovers. Situated within the gates of the Longboat Key Club, residents can take advantage of a host of resort-style amenities, including guarded gated security, a clubhouse, fitness center with saunas and steam rooms, outdoor grills, and two heated pools. Additionally, you'll have access to Har-Tru tennis courts and the sought-after Bay Isles Beach Club. Convenience is at its peak with essential amenities such as Publix, CVS, the library, banks, places of worship, and restaurants just a stone's throw away. You'll also be within close proximity to the vibrant St. Armands Circle, Sarasota, and all the cultural and entertainment offerings it has to offer. This home encapsulates the perfect blend of comfort, convenience, and luxury.
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Our Executive Mortgage Banker:
Our Insurance Division:
$799,900
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 | $639,920 | $639,920 | $639,920 |
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 | 7.551% | 7.159% | 6.276% |
Monthly Tax Payment | $678 | $678 | $678 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,257 | $4,253 | $5,397 |
Total Monthly Payment | $5,027 | $5,023 | $6,167 |
* 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.