Stunning 2-bedroom, 2-bathroom "Capri" floor plan at Grand Bay on LONGBOAT KEY offers INCREDIBLE bayfront views! This condo is made for entertaining and living your best life! Inside, this gorgeous condo features white ceramic tile throughout and sweeping water views via floor-to-ceiling windows and sliders in every room, providing a seamless connection to the gorgeous Gulf waters. The 2 large balconies offer picturesque views ~ One balcony faces east, the perfect spot to watch the sunrise and the dolphins play, the other balcony faces west, a lovely setting for enjoying warm evening sunsets in the Winter Season. The living room, bathed in natural light, leads to the expansive eastern balcony. The well stocked kitchen features KitchenAid appliances, including a double wall oven, has its own balcony and is sure to delight our guests who enjoy cooking and entertaining. The master bedroom features floor-to-ceiling glass sliders with views of the bay and oversized closets with an en-suite bath boasting a luxurious whirlpool tub and custom designer vanities with a makeup area. The Grand Bay community provides residents a resort lifestyle with a range of amenities, all within the confines of a 24-hour manned and gated community, including on-site management, a clubhouse with a state-of-the-art gym, club room, lap pool, hot tub, BBQ grills, nature trail and 2 Har-Tru tennis courts, many on site activities, and private beach access to the world- famous beach on the Gulf of Mexico. Close to St. Armand's Circle, Downtown Sarasota, and Anna Maria Island. This condo offers 2 covered under-building parking spaces and additional climate-controlled storage. Available for long (12 months) or short term (4- month min) stay. OPEN FOR RESERVATION as of September 25, 2024. This property requires a 4-month minimum stay. 30-day tenant application process is required with the Grand Bay COA.
NO PETS/NO SMOKING. Additional charges 13% sales/resort tax to be paid by tenants if lease is four to six months.
HIGH SEASON ~ DECEMBER - APRIL *** LOW SEASON ~ MAY - NOVEMBER.
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William Raveis Mortgage, LLC
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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 | $5,200 | $5,200 | $5,200 |
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 | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $35 | $35 | $44 |
Total Monthly Payment | $110 | $110 | $119 |
* 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.