Premier 10th-Floor Condo with Stunning Water Views. Introducing a rare gem in the coveted Condo on the Bay community—an impeccably maintained 10th-floor home featuring breathtaking water views. This exquisite two-bedroom (and THIS UNIT 2nd BEDROOM HAS the rare WINDOW VIEWS!!!), two-bath unit offers the ultimate in modern living and convenience, close to Sarasota’s newly acclaimed The Bay park. Enjoy the luxury of a great room design with an open kitchen, ideal for entertaining against the backdrop of spectacular sunsets. The master suite boasts a private terrace, custom walk-in closet, dual sinks, and a spa-like shower. The versatile guest bedroom doubles as an office, with built-in Murphy beds for guests. The community offers unparalleled amenities: bayfront pools, a 24/7 security gatehouse, concierge service, tennis/pickleball courts, boat docking, kayak storage, a fishing pier, fitness rooms, and a social gathering room. Embrace the vibrant community life with morning exercise classes, happy hours, trivia nights, and more. With over 53 acres of parkland, including a concert stage, mangrove walkways, play areas, public gardens, and an event center, this location offers endless opportunities for outdoor enjoyment. Plus, you’re within short distance of downtown Sarasota and a short drive from St. Armand’s Circle, Lido Key, and Siesta Key beaches. Don’t miss this chance to own a premier residence in one of Sarasota’s most desirable locations.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$1,500,000
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 | $1,200,000 | $1,200,000 | $1,200,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.375% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.209% | 6.498% | 6.579% |
Monthly Tax Payment | $637 | $637 | $637 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,684 | $7,486 | $10,371 |
Total Monthly Payment | $8,446 | $8,248 | $11,133 |
* 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.