Welcome to a world of luxury and refinement in this 3BR/3. 5 BA masterpiece of 2, 925+/- sq. ft. in the prestigious Grand Bay community on Longboat Key. From the private elevator lobby, step through the elegant double doors and be captivated by the sumptuous style, with rich wood floors that enhance the stunning blues and greens visible through expansive walls of glass. Positioned on the south side corner of Building 3, this residence offers one of the most spectacular views in all of Grand Bay, offering a visual feast of sunrises over the bay and sunsets beyond the Gulf. Gaze out at the marina from this prime 8th-floor vantage point. The updated kitchen has quartz countertops, top-of-the-line Bosch appliances and an adjacent eat-in area framed by stunning vistas. Each bedroom is a private enclave with its own bathroom en-suite, while the master suite is a lavish escape, featuring access to the open terrace and an opulent master bathroom with a spa tub, glass walk-in shower and a fabulous ceiling light fixture. The voluminous, custom walk-in closet caters to your dressing needs. The crown jewel is the expansive wraparound terrace, an idyllic setting for hosting or unwinding, with the bay’s shimmering waters extending into the horizon. Additional features include two secure parking spaces, electric storm shutters throughout, a beverage bar with wine cooler, a new 5-ton A/C system and a laundry room equipped with newer Whirlpool front load washer and dryer. Residents of Grand Bay enjoy a host of amenities, including a 24-hour guard gate, clubhouse, fitness center, 2 Har-Tru tennis courts, 2 heated pools and a spa. Deeded access to the private beach is close by.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,495,000
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 | $1,996,000 | $1,996,000 | $1,996,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.625% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.209% | 6.750% | 6.664% |
Monthly Tax Payment | $1,301 | $1,301 | $1,301 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $12,781 | $12,781 | $17,387 |
Total Monthly Payment | $14,207 | $14,207 | $18,813 |
* 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.