Discover Luxury Waterfront Living in Sarasota! Experience the perfect combination of modern elegance and waterfront tranquility with this turnkey furnished one-bedroom plus den condo at The Strand. Built in 2022, this exceptional property is ideal for full-time living, a vacation retreat, or a lucrative investment opportunity in Sarasota’s thriving market. Situated less than a mile from downtown Sarasota, this residence offers spectacular views of Sarasota Bay, providing a stunning backdrop for dazzling sunsets and the city’s sparkling skyline. Designed with over $20, 000 in designer furnishings, the condo boasts an open floor plan featuring luxury vinyl flooring, quartz countertops, sleek modern cabinetry, and stainless-steel appliances, creating a stylish and functional living space. At The Strand, residents enjoy access to world-class amenities, including a resort-style heated pool and spa, a fully equipped fitness center, a dog park, and a floating kayak dock that allows easy exploration of the bay and Gulf waters. Additional conveniences include EV charging stations, a fire pit, and gas grills. This unit comes with an assigned covered parking space, ample guest parking, and a private storage closet, perfect for storing beach and recreational gear. With weekly rentals allowed, this condo is also a fantastic option for generating short-term rental income. The location is unparalleled, placing you within walking or biking distance to downtown Sarasota’s vibrant offerings, including Bayfront Park, renowned restaurants, museums, theaters, the lively Saturday farmers market, and countless festivals. Just minutes away, you’ll find the world-class shopping and dining of St. Armands Circle and the pristine sands of Lido Beach, with the award-winning Siesta Key Beach, celebrated for its powdery white sand, just a short drive away. Whether you’re indulging in Sarasota’s vibrant arts and culture, enjoying outdoor adventures, or relaxing on your private balcony with breathtaking bayfront views, this property offers the ultimate coastal lifestyle. Don’t miss this incredible opportunity—schedule your private tour today and make this stunning condo your new home or investment!
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William Raveis Real Estate
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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 | $508,000 | $508,000 | $508,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.443% | 7.133% | 6.256% |
Monthly Tax Payment | $388 | $388 | $388 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,422 | $3,376 | $4,284 |
Total Monthly Payment | $3,902 | $3,856 | $4,764 |
* 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.