Discover one of Manatee County’s best-kept waterfront secrets—Bay Hollow, a charming and intimate condo community with only 40 units. Nestled along a protected inlet on Sarasota Bay, this serene retreat offers direct access to the Intracoastal Waterway and the Gulf of Mexico, complete with your own covered parking spot and private dock that can accommodate a sailboat. This beautifully remodeled 2-bedroom, 2-bathroom first-floor condo is a true gem. Featuring brand new wood-like tile flooring throughout, the open-concept design is enhanced by architectural details that add character and charm. The updated eat-in kitchen boasts white shaker cabinetry, stone countertops, a tiled backsplash, pull-out pantry, and a built-in seating area with storage. Enjoy peaceful waterfront views and morning coffee in your sunroom or unwind in the sunken living room next to the wood-burning fireplace while watching dolphins and manatees play in the inlet. With a brand-new, energy-efficient HVAC system (with a 10-year warranty) and refrigerator, you’ll have peace of mind, knowing the unit is both comfortable and reliable. This unit remained high and dry during recent storms—no flooding here! The remodeled bathrooms feature stylish new cabinetry and ample storage, making this home as functional as it is beautiful. A screened porch offers the perfect spot to relax with a glass of wine while enjoying the sights and sounds of the water. Watch fish jump, take in the vibrant sunset, and enjoy the serenity that this waterfront condo has to offer. Bay Hollow is an active, well-maintained community with FULLY FUNDED RESERVES and affordable monthly fees that include internet, cable, trash, water, and pest control. Residents can also enjoy the heated community pool after a day on the water. Only 1. 5 miles to the beach, this location offers the best of both worlds—convenience to local shops, the iconic Cortez Fishing Village, and some of the best seafood around, all while offering direct access to world-class boating and fishing. Make this tranquil, turnkey waterfront condo your new paradise—boating, fishing, and sunsets await!
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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 | $368,000 | $368,000 | $368,000 |
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 | $170 | $170 | $170 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,418 | $2,418 | $3,081 |
Total Monthly Payment | $2,663 | $2,663 | $3,326 |
* 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.