Welcome to Condo on the Bay in Sarasota, the ultimate in luxury living with every feature needed for a refined lifestyle! From the moment you step into this impeccably designed penthouse, you'll be captivated by its airy, sunlit spaces and breathtaking views of Sarasota Bay, framed by expansive windows and glass doors. The elegance of this residence is showcased through unique details like sleek modern tile flooring, ambient inset lighting, and custom built-ins throughout. For the culinary enthusiast, the gourmet kitchen is a dream come true, with abundant wood cabinetry, spacious granite-topped island, and built-in pantry. The generous owner’s suite offers serene bay views, walk-in closet, lavish ensuite bathroom complete with dual vanities and walk-in shower. The balcony is the heart of this home, where you can unwind with panoramic 180-degree views of Sarasota Bay, often visited by playful dolphins and gentle manatees in the sparkling blue waters below. Condo On The Bay also offers premium amenities, including shimmering pool, relaxing bayfront patio, and convenient boat slips for residents, allowing you to embark on Sarasota’s beautiful waters right from your doorstep. Each tower provides its own pool, fitness center, and inviting lounge areas. Just minutes away, you’ll find the best of Sarasota’s vibrant downtown, including cultural gems like the Van Wezel Performing Arts Hall, boutique shopping, and fine dining. Plus, the white sands of Lido Beach are just a short drive away, perfect for sun-soaked afternoons by the Gulf. If you’re seeking a home that combines luxury, comfort, and stunning natural beauty, this is an opportunity you won’t want to miss. Is this condo your perfect match?
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:
$2,500,000
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 | $2,000,000 | $2,000,000 | $2,000,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.500% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.296% | 6.622% | 6.680% |
Monthly Tax Payment | $1,574 | $1,574 | $1,574 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $12,972 | $12,641 | $17,422 |
Total Monthly Payment | $14,671 | $14,340 | $19,121 |
* 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.