Under contract-accepting backup offers. BACK UP OFFERS BEING ACCEPTED: Discover an extraordinary blend of unparalleled value and prime location in this exquisite 3-bedroom residence, complete with deeded beach access on tranquil sailboat waters, providing seamless entry to Sarasota Bay—without any bridges to impede your journey. Situated in the highly coveted Country Club Shores on South Longboat Key, this remarkable home boasts newer hurricane impact glass throughout, ensuring both safety and energy efficiency. The property also features a recently updated roof, air conditioning system, inviting pool and spa, and a robust seawall equipped with a 10, 000-pound lift, perfect for your nautical adventures. Step outside to your expansive covered patio, where you can unwind beside the shimmering pool or effortlessly launch your boat, kayak, or paddleboard from the comfort of your own backyard. With a newly constructed dock and direct access to the intercoastal waters and the Gulf of Mexico, this residence is a haven for water enthusiasts. Ample storage and parking are provided by a finished 2-car garage and a beautifully paved circular driveway. Country Club Shores is a picturesque enclave of single-family homes, graced by 19 whimsically named streets that evoke a sense of charm and community. This outstanding location is truly a must-see, nestled on one of the finest streets in Longboat Key. Relish the opportunity for social memberships at the prestigious Longboat Key Club. Embrace the sophisticated coastal lifestyle while immersing yourself in the vibrant cultural tapestry that makes Sarasota the artistic capital of Florida. From delightful art galleries and quaint antique shops to delectable New York bagels and upscale dining establishments, Sarasota offers an array of experiences to satisfy every palate. Rest assured, this home has withstood storms without any water intrusion, providing you with peace of mind. Everything in this stunning residence is new and awaiting your personal touch—call today to arrange your private showing and take the first step toward your dream coastal living experience!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,899,000
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 | $1,519,200 | $1,519,200 | $1,519,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.762% | 6.036% |
Monthly Tax Payment | $1,178 | $1,178 | $1,178 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $9,728 | $9,728 | $13,338 |
Total Monthly Payment | $11,031 | $11,031 | $14,641 |
* 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.