Rare opportunity for this large four-bedroom corner residence at the highly coveted and exclusive St. Regis Longboat Key. Spectacular views from the wrap around terrace of the Gulf of Mexico, Sarasota Bay and the resort, including the beautiful saltwater lagoon. Enter from your private elevator into a gracious living room complete with built-in bar, beverage refrigerator and ice maker for entertaining your guests. The grand living area opens to the wrap around terrace complete with Wolf grill. The chef?s kitchen is finished with Poggenpohl cabinetry, top of the line Wolf and Sub-Zero appliances including a double oven, gas cook top, large refrigerator, microwave and two dishwashers. A large walk-in pantry provides additional storage. The Wind finishes throughout the residence were curated by Marc Michaels Interior Design and were selected to remain timeless. The owner?s suite is gracious and luxurious featuring a wall of windows overlooking the resort and the Gulf of Mexico which provide magical evening views. A separate linen closet and large owner?s closet accommodates all your storage requirements. The owner?s bath is a spa-like retreat with a soaking tub, large shower, two separate vanities and two water closets with Toto bidet toilets. Your guests will never want to leave the three large ensuite bedrooms with private terraces and exceptional views of Sarasota Bay and the city lights. Nestled within the first branded residential community and ultra- luxe 5-star resort on the Gulf of Mexico. The Residences at The St. Regis Longboat Key blend legendary amenities, including the signature St. Regis Butler and Concierge services, a world-renowned St. Regis Spa, in residence dining. Resident only amenities include a clubhouse, fitness center, pool/spa and beach area. Enjoy your private residence amenities, while having access to all the resort has to offer. Live like you are on vacation all year round.
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Our Executive Mortgage Banker:
Our Insurance Division:
$12,250,000
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 | $9,800,000 | $9,800,000 | $9,800,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.321% | 6.750% | 7.038% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $63,563 | $62,750 | $86,721 |
Total Monthly Payment | $63,688 | $62,875 | $86,846 |
* 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.