A rare opportunity to secure a residence in the Bay Isles Bayou, within the confines of the Longboat Key Club. The setting itself, with its oak-lined streets, exudes a sense of exclusivity and charm. Upon stepping inside, the expansive interior immediately impresses, thanks to the soaring vaulted ceilings and seamless integration of spaces facilitated by sliding glass doors. The layout appears thoughtfully designed, with the family room, kitchen, informal dining area, and formal dining area seamlessly interconnected, offering versatility in their usage. The separation of the primary bedroom and guest bedrooms ensures privacy and comfort for all occupants, with the added convenience of a 450 sq. ft. bonus room on the second floor, perhaps offering opportunities for entertainment or relaxation.
The galley kitchen is both stylish and functional, boasting contemporary white cabinets complemented by granite counters and stainless steel appliances. The bathrooms, having undergone a complete makeover, promise ample space and modern amenities.
Outdoor living is a delight, with a generously sized lanai featuring an outdoor kitchen, providing the perfect setting for alfresco dining or entertaining. Beyond lies a screened-in pool, bordered by a serene botanical garden, offering a picturesque backdrop.
Overall, this residence embodies the epitome of comfortable and luxurious living within a highly sought-after community, where every detail has been meticulously attended to for the utmost in convenience and aesthetic appeal.
As a Bay Isles owner, you automatically become a member to the private Bay Isles Beach Club located directly on the shore of The Gulf of Mexico. You also have available optional memberships for purchase at The Longboat Key Club or docking your boat at the World Class Yacht Marina. All of these amenities are reachable by walking, golf cart, bicycling, or driving. Conveniently located at the south end of the island, you find yourself in close proximity to the Publix shopping mall, a very short drive to St Armands Circle known for its boutique restaurants and shops and a few minute drive on to the mainland where you find all the cultural amenities and dining that the city of Sarasota has to offer.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$1,599,000
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 | $1,279,200 | $1,279,200 | $1,279,200 |
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 | 7.406% | 6.762% | 6.830% |
Monthly Tax Payment | $785 | $785 | $785 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,297 | $8,191 | $11,231 |
Total Monthly Payment | $9,207 | $9,101 | $12,141 |
* 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.