"Perfection" perfectly describes this stunning townhome nestled on the shores of Longboat Key. This residence was fully renovated in 2023 with the utmost attention to detail. Luxurious materials were selected with an emphasis on style, quality, & comfort. This property is being sold turnkey furnished, so just bring the bags & enjoy the lifestyle. Situated on a private preserve lot this elevated townhome offers sprawling tropical views in every direction. Located in the coveted "Back " Section of Cedars East, space & privacy is yours. Only a few steps away from your private Bay Beach and Bay frontage completed with a fishing pier & kayak launch. Cedars Townhomes provide an open & spacious floor plan, 10ft ceilings, excellent square footage and the extremely rare 2 car garage. Also is Large Pet Friendly not only for you but for your guests & tenants if you choose to have them. If short term rental is of interest Cedars East is one of very few communities on Longboat Key that allow short term rental. Allowing 26 rentals per year at a two week minimum stay, this property projects for excellent rental production. Cedars East also has a long reputation for LOW HOA fees & excellent reserves. The community just installed Brand New roofs & is in excellent condition throughout . 860 Evergreen has a large living room anchored by an electric fireplace, perfect for creating a special atmosphere. Off the living room is a wonderful lanai, ideal for enjoying the views. Back inside, find a beautiful dining area with oversized windows. The space is accented by a custom ceiling & lighting. Overlooking the dining space is the kitchen featuring an ideal bar top for comfort & convenience. Kitchen is stunning with its high-end cabinetry, quartz countertops, custom lighting & meticulously chosen appliances. Just off the kitchen is a beautiful powder room. Upstairs, you'll discover an oasis in the primary suite, featuring a spacious room that also offers special preserve views. Opening a custom barn door reveals perhaps the most impressive upgrade in the property: a stunning primary bathroom. Completely recreated with a custom walk-in shower adorned with gorgeous tile & glass wall, a rejuvenating soaking tub, & a custom dual vanity. In the guest area, featuring a large bedroom with a walk-in closet. The guest bathroom impresses with its custom details & finishes. Laundry room is equipped with a full-size Electrolux washer & dryer & closet space. Downstairs, you'll find an absolute rarity: an oversized 2-car tandem garage. Perfect for storing toys & providing additional storage space. The owners spent over a year meticulously recreating this special home for their personal use, ensuring that no detail was overlooked. Furnishings include pieces from Crate & Barrel, Tommy Bahama, & Room and Board, along with swivel extension brackets on all TVs. Additionally, the home features a reverse osmosis & whole house water filtration system. Cedars East is a picturesque 66-acre village-like townhome community, surrounded by nature & offering close access to both the beach & bay on the beautiful Longboat Key. Community features lit boardwalks leading through mangroves to amenities such as a heated junior Olympic-sized pool, 10 Har-Tru tennis/ 3 pickle courts, a clubhouse with pro shop, 24-hour fitness center, tiki bar, Fine Dining Restaurant, fishing pier, & kayak launch. Convenient on-site rental management. Perfect property for your next Longboat key Beach Home.
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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 | $614,400 | $614,400 | $614,400 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.425% | 7.146% | 6.276% |
Monthly Tax Payment | $373 | $373 | $373 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,036 | $4,083 | $5,181 |
Total Monthly Payment | $4,500 | $4,547 | $5,645 |
* 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.