Experience the perfect blend of contemporary downtown living and breathtaking bay and city views in this rarely available three-bedroom-plus-media-room residence at Majestic Bay. Nestled in the desirable Golden Gate Point enclave, this exclusive residence offers unparalleled access to Sarasota’s vibrant city center, with museums, fine dining, cultural events, and the Sarasota Bayfront just steps away. Occupying the entire eighth floor, this nearly 3, 000-square-foot home offers the privacy and spaciousness of a single-family residence. Panoramic vistas of Sarasota Bay, the John Ringling Bridge, and the city skyline grace every room, complemented by stunning sunsets that enhance the living experience. The residence is accessed via a private elevator from your two-car garage to the foyer, creating a seamless entry into this sophisticated getaway. The thoughtfully designed interior features travertine flooring, sleek stone finishes, and walls of impact windows that flood the space with natural light. The gourmet kitchen is equipped with wood-stained shaker-style cabinetry, granite countertops, stainless steel appliances including a Wolf gas range and built-in oven, an extended breakfast bar, and a charming breakfast nook with built-in desk. Its open-concept design flows effortlessly into the formal dining and living areas, ideal for entertaining or relaxed evenings at home. The primary suite is a tranquil escape, positioned in the southeastern corner for privacy. This spacious retreat features an en-suite bathroom, expansive walk-in closet, and direct access to one of the home’s two terraces. Two guest suites, both with walk-in closets, and a versatile media room/den are arranged in a split layout to ensure privacy for all. One guest suite is currently utilized as an office/den. Two north- and south-facing terraces provide convenient outdoor living spaces accessible from multiple rooms. These private retreats extend the living areas while showcasing stunning views of Sarasota Bay and the iconic John Ringling Bridge. Majestic Bay, a boutique community of just ten residences, offers exceptional amenities designed to elevate your lifestyle. Residents enjoy a club room, library, fitness center, heated pool and spa, and a summer kitchen on the pool deck. The rooftop terrace provides an ideal space for entertaining while enjoying unparalleled city and bay views. Adding to its appeal, this residence includes its own deep-water dock and 10, 000-pound lift, making it a boater’s dream.
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Our Executive Mortgage Banker:
Our Insurance Division:
$4,495,000
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 | $3,596,000 | $3,596,000 | $3,596,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.625% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.274% | 6.723% | 6.932% |
Monthly Tax Payment | $2,078 | $2,078 | $2,078 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $23,924 | $23,026 | $31,821 |
Total Monthly Payment | $26,127 | $25,229 | $34,024 |
* 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.