Under contract-accepting backup offers. Overlooking Longboat Harbour and Sarasota Bay, this beautifully updated two-bedroom, two-bath condominium offers complete Longboat Key paradise living! This unit was updated in 2023. The kitchen boasts new appliances, stone countertops and shaker cabinets. It opens up to a great room with stunning water views. It is available for purchase turnkey. Longboat Harbour offers many community amenities, including boat docks in the community harbor, with slips available for rent based on availability. The harbor is well-protected, with docks accommodating boats up to 34 feet. Longboat Harbour also provides access to sailboat-depth water and easy access to the bay, the Intracoastal and Gulf of Mexico. Association fees cover access to the beach club, which is just a short distance from the units. The beach club features gated parking, private restrooms and showers, and sits on a beautiful stretch of white sand beach. Residents can also enjoy four waterfront heated pools, tennis and pickleball courts, waterfront recreational paths, a large fitness center, a newly renovated clubhouse with a full kitchen, and adequate space for meetings or social gatherings. The area is famous for kayaking, paddleboarding and observing marine and bird life, including dolphins, manatees, herons, osprey and eagles. Longboat Harbour employs a professional onsite management team and an onsite maintenance team and has fully funded reserves. Rentals are allowed with a minimum duration of one month. Whether you're drawn to the amenities, scenic views or the island lifestyle, Longboat Harbour offers a welcoming home for all.
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Our Executive Mortgage Banker:
Our Insurance Division:
$549,000
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 | $439,200 | $439,200 | $439,200 |
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 | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | $580 | $580 | $580 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,922 | $2,919 | $3,704 |
Total Monthly Payment | $3,594 | $3,591 | $4,376 |
* 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.