Discover the beauty of coastal living in this unfurnished two-bedroom condo perfectly situated on Longboat Key at mid-Key. With breathtaking views of the Gulf of Mexico from almost every room, this home offers a serene retreat. Spacious living and dining area flow seamlessly into the kitchen. Beautiful wood floors throughout the main areas with durable tile in the kitchen and baths. Screened balcony accessible from the living room and both bedrooms—perfect for enjoying sunsets and sea breezes. Heated pool and spa for year-round relaxation. Plus tennis court and grilling area. Two buildings with a total of 60 units and on-property professional management keep this property pristine. There was no storm damage to unit or buildings from Hurricane Helene or Milton. Landscapers have worked tirelessly to complete post storm clean-up of grounds. This location has it all—spectacular beaches, shopping, nature trails and parks, a dog park and fine dining on Longboat Key, St Armand’s Circle and Sarasota plus culture rich attractions. Whether you’re seeking a permanent residence or a vacation retreat, this beachfront gem offers the ideal combination of convenience, comfort and stunning natural beauty. Don’t miss this opportunity to make your dream of Gulf-front living a reality.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,275,000
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 | $1,020,000 | $1,020,000 | $1,020,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.235% | 6.723% | 6.826% |
Monthly Tax Payment | $627 | $627 | $627 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,616 | $6,531 | $8,956 |
Total Monthly Payment | $7,368 | $7,283 | $9,708 |
* 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.