Your semi-private elevator provides access to the beautiful 7th floor condo with sweeping wide water views of Sarasota Bay and the Gulf of Mexico. At night, the views of the lights of downtown Sarasota and the Ringling Bridge are nothing short of spectacular. Floor to ceiling windows and wrap around terraces provide unparalleled views of the sunrise and sunset over the bay and gulf.
The unit has a large living area with panoramic views and a wrap around balcony. The master suite with balcony overlooks Sarasota Bay and has a large master bathroom with whirlpool tub and walk-in closet with built in cabinets. The second bedroom has fantastic views of North Sarasota Bay and the Gulf. It also has an En-Suite Bathroom and balcony. The unit comes with secured garage parking and a dedicated and secure storage space.
Grand Bay is a luxury waterfront condominium complex on Sarasota Bay that is behind the gates of Bay Isles community. Amenities include; 24-hour guard gate, two heated pools and spas, Har-Tru tennis courts, state-of-the-art fitness center and clubhouse.
When you live in Grand Bay you automatically become a member of the Bay Isles Beach Club, which provides deeded beach access to residents. This private beach is equipped with restrooms, grills and picnic benches on the Gulf of Mexico.
Optional membership is available at the Longboat Key Club which entitles members to club privileges, including; golf, tennis, restaurants, spa, and yacht club.
Nearby shopping at the Bay Isles shopping center, along with the upscale dining and shopping at St. Armand's Circle, just a short drive away.
This is a must see property.
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$1,950,000
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 | $1,560,000 | $1,560,000 | $1,560,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.750% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.538% | 6.874% | 7.430% |
Monthly Tax Payment | $1,234 | $1,234 | $1,234 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $10,379 | $10,118 | $13,805 |
Total Monthly Payment | $11,738 | $11,477 | $15,164 |
* 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.