Step into this stunning 2BR residence and enjoy breathtaking Sarasota Bay views, nestled within the exclusive Bay Isles gates of the pet-friendly Fairway Bay community. This home effortlessly blends natural beauty, luxury, and convenience to elevate your waterfront lifestyle.
The open floor plan features sleek white tile flooring throughout, seamlessly connecting the living areas to a wall of glass sliders that open to an expansive terrace. Here, you’ll savor serene views of the bay, lush mangroves, and local wildlife. The well-equipped kitchen boasts pristine white cabinetry, custom lighting, ample counter space, and a serving window with water views. The spacious primary suite is a retreat with direct terrace access and an en suite bathroom featuring dual vanities, a walk-in shower, and a private water closet. A welcoming guest bedroom ensures privacy for visitors, while in-residence laundry adds daily convenience. Included is a designated UNDER BUILDING PARKING space and membership to the Bay Isles Beach Club, offering a private beach, social events, and top-tier amenities.
Fairway Bay enriches your lifestyle with walking trails, heated pools, a fitness center, tennis and pickleball courts, a clubhouse, and kayak launches. Optional Longboat Key Club membership provides access to championship golf, Har-Tru tennis, a spa, fine dining, and a 291-slip deep-water marina. Located minutes from St. Armands Circle and Sarasota’s arts scene, this home offers tranquility and sophistication for a relaxed, active lifestyle by the water. From private beach outings to exploring vibrant local dining, it’s the ultimate Longboat Key experience.
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Our Executive Mortgage Banker:
Our Insurance Division:
$675,000
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 | $540,000 | $540,000 | $540,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.352% | 7.042% | 6.160% |
Monthly Tax Payment | $563 | $563 | $563 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,547 | $3,547 | $4,520 |
Total Monthly Payment | $4,202 | $4,202 | $5,175 |
* 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.