ANNUAL unfurnished rental!!! AVAILABLE FEBRUARY 1, 2025. Location, location, location with views, views, and more views! Savor downtown Sarasota living while taking advantage of an amazing waterfront property on the Hudson Bayou close to Sarasota Bay, the Gulf of Mexico, Selby Gardens and Siesta Key. This impeccable, three-bedroom, three-bath, split-floor-plan penthouse on the top (4th) floor of the Riggs Landing condominiums has it all and offers an abundance of space. Arriving on the 4th floor, a large atrium invites you into the residence. A spacious corridor then leads you to an open concept living room with vaulted ceilings and a built-in gas fireplace. Featuring three (3) balconies, this residence opens out to three sides of the condominium, creates an inviting larger living space with breathtaking scenery into the home. The spacious kitchen offers stainless steel appliances, Cambria quartz countertops, ample storage an island with a cooktop and overhead hood with eat-in dinette area. The fabulous water views will certainly inspire the most enthusiastic of chefs. Imagine having your morning coffee or parties while stepping through the sliders onto the large, covered terrace with plenty of space for entertaining and relaxing — and equipped with an outdoor gas grill. The split floor plan with master bedroom/bath suite, two additional guest bedrooms, three recently remodeled baths, plus a laundry room complete the unit. Elegant tile and engineered hardwood floors throughout add to the luxurious feeling of this special and rare residence. Garage parking (two spaces) with elevator access makes a secure, weather-protected area for your automobiles. Other amenities include a heated pool, an expansive outdoor area with lush vegetation and a day dock for fishing or kayaking. Many manatees, pelicans and osprey love to visit this lovely, serene bayou. Completing the picture of the desirability of this home, it’s just minutes walking distance to Bayfront, downtown Sarasota, Selby Gardens, Burns Court, Sarasota Memorial Hospital, Southside Village and barrier islands including Siesta Key, Lido and Longboat Key. Neither smoking or pets are allowed. This home is a little piece of heaven in a paradise that is called Sarasota. Two car private parking under building.
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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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $4,400 | $4,400 | $4,400 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $30 | $29 | $37 |
Total Monthly Payment | $105 | $104 | $112 |
* 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.