Under contract-accepting backup offers. Priced to Sell!! Welcome to rich opulence at Bay Plaza! Live the dream in this fully renovated floorplan with classic Sarasota charm. Spend your morning with a blissful cup of coffee and your very own rare million-dollar views of Sarasota Bay, Big Pass, and the Gulf of Mexico. End your day with a relaxing dinner at one of the many high-end restaurants right down the street and an exquisite sunset walk along the waterfront, only steps away from your own front door. Everything truly is at your fingertips here! You’ll have access to every amenity imaginable as a resident of the splendid Bay Plaza, including the premier gym, steam room, sauna, pool, outdoor grill, resident lounge, party room, private parking, EV charging, and more! And take advantage of on-sight concierge service and the 24-hour valet. This unique unit boasts more than a few upgrades! You enter to an open concept with an abundance of natural light, bringing the outdoors in through the panoramic windows. High-end designs throughout, composed of natural stone, custom tiles, a luxury fireplace and wall treatments. It truly is the picture of elegance. A kitchen that includes quartz countertops with a waterfall edge, RH and Brizo fixtures, Thermador appliances, an integrated custom Fisher Paykel refrigerator, a hidden microwave, and don’t forget the dry bar, the wine fridge, and the floor to ceiling pantry organizer! Each of the three bedrooms boast its own en suite with opal white quartzite, brushed brass fixtures and double sinks. There are even waterfront views from the two primary suits—the main suit having a balcony access and a custom closet design. While the guest suite has a private entrance and a bonus large soaking tub. Add to all this a convenient laundry area, including a brand-new GE washer and dryer, and custom cabinetry. But the renovations go beyond the beauty within, including all new electrical, plumbing and HVAC. There are two new hurricane impact sliders, and as an addition, the unit is pre/hard wired throughout, ready to go for smart home automation, including ready to install motorized shades (not included), three network hubs for strong internet productivity, central cable, a brand-new a/c with digital smart thermostat, along with a new sprinkler system with low-profile heads. This unit is more than move-in ready! The renovations and upgrades will give you peace of mind for years to come. Add to all this the amazing downtown location, only steps from the beauty of nature, yet still among culture and community. Combine modern convenience with the classical elegance of Sarasota architecture and begin your new life among some of the most sought-after views in the United States. This home among the heavens is just waiting for you!
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$1,800,000
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 | $1,440,000 | $1,440,000 | $1,440,000 |
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 | 7.620% | 6.735% | 6.806% |
Monthly Tax Payment | $1,667 | $1,667 | $1,667 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $9,340 | $9,220 | $12,643 |
Total Monthly Payment | $11,132 | $11,012 | $14,435 |
* 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.