Welcome to Bayport Beach & Tennis Club, an exceptional coastal community located on Longboat Key with an award-winning design by Tim Seibert, one of the founding Architects of the World-famous Sarasota School of Architecture. This beautiful 2BR 2BA first level condo is turnkey furnished and meticulously maintained. The kitchen features granite countertops with mosaic backsplash. Other features include: quality concrete construction and neutral tiling and carpeting. Three (3) murphy beds, plus king bed, can easily accommodate several visiting family members or friends. This is Bayport’s 1400 Floor Plan with open living area that leads to a quiet and private, sun-filled, enclosed lanai with peaceful, wooded views. The garden patio allows you to soak in morning sunrises and enjoy the sounds of visiting birds. Bayport is a unique, 27-acre mid-island community poised perfectly between the Gulf of Mexico and Sarasota Bay. Residents enjoy a heated, Jr Olympic pool, private fishing pier, kayak launch and storage, 4 Har Tru tennis courts, social room with full kitchen, fitness room, island biking, shelled walking paths, all while living within Bayport’s award-winning botanical gardens. An impressive end unit with added bedroom sunlight, favorable leasing restrictions, pet friendly, and arguably the very best amenities on the Key. EASY WALK to a long, contiguous, always-UNCROWDED private Gulf beach is a breeze for shell collecting or morning walks that can be both restorative and healing. Bayfront Park with dog park, fine restaurants and shops are also nearby. Sellers able to close quickly. Very favorable leasing restrictions. Immediately ready for rental or personal use.
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Our Executive Mortgage Banker:
Our Insurance Division:
$649,500
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 | $519,600 | $519,600 | $519,600 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 7.125% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.474% | 7.282% | 6.412 |
Monthly Tax Payment | $482 | $482 | $482 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,589 | $3,501 | $4,420 |
Total Monthly Payment | $4,163 | $4,075 | $4,994 |
* 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.