Welcome to coastal living at its finest. The Grand Bay community of Bay Isles, Longboat Key, Florida, is a hidden 2/2 gem on Longboat Key which offers unparalleled views of the Gulf of Mexico. This spacious 1, 276 sq ft unit, is newly painted and has been cleaned and well maintained. Upgrade sheet to be uploaded soon. While maintaining its original charm, this unit presents an exceptional opportunity for buyers looking to embrace the coastal lifestyle. With floor-to-ceiling windows that flood the living space with natural light, you can enjoy breathtaking sunsets from the comfort of your own home. The expansive balcony is perfect for entertaining or simply unwinding while soaking in the serene beauty of the sparkling waters.
Enjoy the serenity of deeded private beach access, where you can unwind on pristine sands by the Gulf of Mexico. The community boasts two resort-style pools, spas, a fitness center, tennis courts, and a clubhouse.
Positioned ideally within the coveted Grand Bay community, this unit not only offers spectacular vistas but also provides easy access to pristine beaches and upscale dining options. Explore the vibrant surroundings, with St. Armands Circle just a short drive away, offering boutique shopping, fine dining, and an energetic atmosphere. Downtown Sarasota is nearby, featuring cultural attractions like theaters, galleries, and a lively nightlife. This home provides the perfect blend of convenience and luxury. The layout is both functional and inviting, allowing you to personalize the space while capitalizing on its great potential. With a little imagination and a touch of renovation, you can transform this original unit into a luxurious retreat that reflects your personal style, all while adding value to your investment.
For discerning buyers, this is more than just a condo; it’s an opportunity to create your dream home in one of the most sought-after locales in Florida. The combination of stunning Gulf views, an opulent address, and a competitive price point makes Unit 532 a standout choice in the current market. Don't miss the chance to invest in a property that offers both immediate enjoyment and future potential. Embrace the lifestyle you deserve and schedule your private tour today to start living your dream at Grand Bay!
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Our Executive Mortgage Banker:
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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 | $687,920 | $687,920 | $687,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.620% | 6.735% | 6.806% |
Monthly Tax Payment | $710 | $710 | $710 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,462 | $4,405 | $6,040 |
Total Monthly Payment | $5,264 | $5,207 | $6,842 |
* 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.