Move in ready! Welcome to 1521 Bay Road, a brand-new single-story masterpiece by Majestik Homes, nestled West of the Trail. Enter through the impressive large double front doors into a grand foyer that sets the tone for this exquisite residence. Inside, modern design meets timeless elegance, meticulously crafted for the discerning buyer. The expansive great room features a stunning kitchen island, perfect for gatherings, alongside a gourmet kitchen adorned with rift cut White Oak cabinets, luxury quartz slabs, and integrated Thermador appliances, creating a space that is both functional and breathtaking.
The bright dining room, offers the perfect setting for entertaining, overlooking the paver deck, outdoor gas grill kitchen, and pristine pool. Tall ceilings and meticulously matched wood details lead you to the serene master suite, featuring a freestanding soaking tub and a spacious walk-in shower offering a daily spa-like experience.
Adjacent to the master suite, a thoughtfully designed office space provides a tranquil environment for focused work or study. Outside, your private oasis awaits, featuring a discreet outdoor shower and ample outdoor living space for basking in the Florida sun, surrounded by swaying palms and mature, lush landscaping.
Perfectly positioned, 1521 Bay Road offers a gateway to Sarasota's best. Immerse yourself in the vibrant culture of downtown Sarasota, with gourmet dining, upscale entertainment, and boutique shopping just moments away in Southside Village. When it’s time to unwind, the world-famous Siesta Key Beach, with its powdery white sand, is a short drive from your doorstep.
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:
$2,999,000
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 | $2,399,200 | $2,399,200 | $2,399,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.500% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.296% | 6.622% | 6.680% |
Monthly Tax Payment | $582 | $582 | $582 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $15,561 | $15,165 | $20,900 |
Total Monthly Payment | $16,268 | $15,872 | $21,607 |
* 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.