Opportunity to own a piece of paradise in coveted Seaplace on Longboat Key. This updated, immaculately maintained two bed, two bath, one-level residence is just feet from the beach and pool, and only a quarter mile to the iconic St. Regis Hotel and Residences, the First Forbes Five-Star resort on the west coast of Florida. Tastefully turnkey furnished, this unit features recently installed impact-rated sliding doors and windows, easy maintenance tile floors, updated bath and kitchen with an in-unit washer/dryer and has been recently painted inside. Located in a secure mid-rise building. Enjoy your morning coffee overlooking the lovely garden views from the lanai on the third-floor unit. Seaplace has 42 acres of lush gardens and flowering trees, a half mile of private beachfront located on the blue waters of the Gulf of Mexico, two heated swimming pools and spas, one kiddie pool and a playground. The remodeled clubhouse contains exercise facilities, a sauna, library, large kitchen, upgraded audio, visual, and hearing assist capabilities, large screen TV, and a large patio overlooking the Gulf with multiple grills for resident's use. Plus, you can enjoy three Har-Tru tennis courts, a one-mile trail, 24-hour guard gate, and on-site maintenance. Located a short distance to a shopping center, Publix, and Saint Armand's Circle. Sarasota offers great restaurants, shopping, theater, ballet, opera, art galleries, the Ringling Museum, Selby Botanical Gardens; reasons Sarasota is referred to as the ‘cultural capital’ of Florida. Call today for a private tour.
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Our Executive Mortgage Banker:
Our Insurance Division:
$650,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $520,000 | $520,000 | $520,000 |
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 | $498 | $498 | $498 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,592 | $3,503 | $4,423 |
Total Monthly Payment | $4,182 | $4,093 | $5,013 |
* 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.