One or more photo(s) has been virtually staged. Waterfront resort-style living in a gated community with breathtaking panoramic views over Little Sarasota Bay. This fifth-level end unit, with elevator access, has been tastefully remodeled. It offers three bedrooms, three full en-suite baths, a screened/glassed-in lanai for entertaining, all while watching spectacular sunsets over the Intracoastal Waterway, Casey Key, Siesta Key and Gulf of Mexico. This designer-renovated unit offers one of the largest floor plans in the development and gives you an open-air feel, with an abundance of natural light and water views from every window. The expansive kitchen has a quartz countertop island with seating for six, stainless steel appliances, a breakfast bar and plenty of pantry storage. You'll also find engineered bamboo floors, volume ceilings, upgraded baseboards and designer lighting. New impact windows and lanai sliding glass doors installed in 2023 along with a roll-down hurricane shutter for the front door just in case the weather gets fickle. The community has a renovated clubhouse featuring a catering kitchen with countertop seating, a fully stocked reading library, a professional fitness room, an entertainment and media area, and a dining room. The amenities also include a heated pool and spa with an expansive sundeck, a grass-thatched tiki hut with grilling stations, a lighted tennis court, two lighted pickleball courts, a kayak launch, and a 500-yard elevated wood boardwalk that meanders through lush mangrove and palm fields that lead out to a handsome observation pier that provides stunning sunsets and excellent fishing. This is an amazing location because you're on the water, inside a gated community and are close to nearby restaurants and shopping. Bike the Legacy Trail which offers 20 miles of bicycling. The beaches are so close, eight miles to Siesta Key, the No. 1 beach in the U. S. , and just four miles to Nokomis Beach. It's a quick drive to downtown Venice and Sarasota for restaurants and performing arts, including ballet, opera, concerts and musicals. Visit this unique waterfront community and don't forget to check out the private oversized two-car garage.
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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 | $759,200 | $759,200 | $759,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.750% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.864% | 6.810% |
Monthly Tax Payment | $487 | $487 | $487 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,861 | $4,924 | $6,666 |
Total Monthly Payment | $5,440 | $5,503 | $7,245 |
* 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.