Under contract-accepting backup offers. Discover the epitome of waterfront living at Bay Isles Atrium Residences, where Sarasota Bay and the downtown skyline become your picturesque backyard. Embrace a rare opportunity to reside in Building 5, renowned for its prime location amidst community amenities. This exclusive penthouse presents a luxurious 3-bedroom retreat, boasting an open and welcoming living/dining room that seamlessly extends to a spacious balcony, showcasing stunning views of Sarasota Bay and the downtown skyline.
Situated on the fifth floor, revel in higher ceilings and abundant natural light with a coveted south-facing exposure. Meticulously renovated, this residence exudes elegance with granite countertops and stainless steel appliances in the kitchen. The generously sized kitchen accommodates an intimate dining area, perfect for culinary gatherings. Experience modern comfort in the updated bathrooms featuring newer cabinets and fixtures, while ceramic tile flooring in living areas and plush bedroom carpeting ensure a cozy start to your mornings.
Enjoy the convenience of ONE secure parking space beneath the building, complemented by additional storage. Indulge in the community's amenities, including two pools, exercise facilities, scenic walking and biking trails, and a social room ideal for leisurely card games or quiet reading. With a resident manager on site, maintenance is seamless, allowing you to focus on the pleasures of coastal living.
Beyond the confines of the Atrium, relish access to the Bay Isles Private Beach Club on the Gulf of Mexico. Located just minutes from the Longboat Key Club, residents can opt for golf, tennis, and social memberships. Explore the boutiques and restaurants of the renowned St. Armand's Circle, and immerse yourself in downtown Sarasota's cultural events. Elevate your lifestyle with this unparalleled waterfront residence in Bay Isles Atrium.
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Our Executive Mortgage Banker:
Our Insurance Division:
$999,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $799,200 | $799,200 | $799,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.500% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.209% | 6.636% | 6.684% |
Monthly Tax Payment | $885 | $885 | $885 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $5,117 | $5,051 | $6,962 |
Total Monthly Payment | $6,094 | $6,028 | $7,939 |
* 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.