Stunning 2-Bedroom 2-Bathroom Condo with Breathtaking Intracoastal Views
Welcome to an oasis in the sky! Situated on the 4th floor of the highly sought-after Bay Tree Condo Complex, this exquisite residence offers an open, modern design, enhanced by panoramic Intracoastal water views. Sit in your living room or at your dining table and bask in the tranquility of the majestic oaks in a park-like setting and the peaceful water views of Sarasota Bay and the Intracoastal waterway. Additionally, relish in the luxury of having deeded private BEACH ACCESS directly across the road, complete with your own cabana nearby. During a total custom renovation, everything was replaced from the drywall, electrical wiring, to kitchen, bathrooms, and more. Some of the key features include: Impact windows and tempered glass sliders for safety, security, and energy efficiency. Low-maintenance, high-end finishes throughout, including custom cabinetry, designer flooring, and sleek countertops. Two spacious ensuite bedrooms and bathrooms provide ultimate privacy and comfort. This condo has a range of built-in features designed to maximize both space and convenience. In the spacious living room, an elegant entertainment unit is integrated into the wall, providing a sleek, clutter-free space for all your media essentials. The bedroom includes thoughtfully crafted built-in dressers, offering ample storage while maintaining a clean, streamlined aesthetic. For versatility, the second bedroom features a cleverly designed Murphy bed, perfect for accommodating guests or optimizing the space when not in use. In addition, a built-in desk creates a dedicated workspace, ideal for working from home or pursuing hobbies. With these smart, built-in features, this home provides both comfort and efficiency, making it the perfect choice for modern living. Bay Tree is a 25-acre gulf and bay community with beautiful old oak trees on well-manicured grounds. Every condo owner has a private storage cabana near the beach to stow their beach essentials, bikes, umbrellas, and chairs. Unique to this complex, for added convenience there are restrooms for owners just off the beach. Bay Tree also has fishing piers with boat docks on the Intracoastal available on a first come basis (owners can install lifts). Bay Tree has two heated pools for year-round relaxation, along with two patios with grills for easy outdoor dining and social gatherings. This community offers the perfect blend of beachside luxury and modern living, with every amenity you need for a laid-back, yet active lifestyle. Whether you're enjoying the stunning water views from your condo or lounging at the beach or by one of the pools, this is Florida living at its finest. Located a few miles from popular Siesta Key Beach, and Siesta Village with its multiple restaurants, music venues, and entertainment means you’re near the action, but away from the major hustle and bustle of it.
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Our Executive Mortgage Banker:
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$675,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $540,000 | $540,000 | $540,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.330% | 7.171% | 6.538% |
Monthly Tax Payment | $396 | $396 | $396 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,593 | $3,589 | $4,630 |
Total Monthly Payment | $4,081 | $4,077 | $5,118 |
* 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.