Experience the epitome of panoramic views of Sarasota Bay, the vibrant downtown Sarasota Skyline, the golf courses of the Longboat Key Club and dazzling sunsets from this luxury residence in the community of Grand Bay. A secure elevator brings you to the 6th floor, where you’ll enter this home through gracious double doors. The floor-to-ceiling windows are impressive, and the sliding doors provide access to the wraparound balcony, which extends your living space outdoors, providing a serene setting to enjoy the bay breezes and captivating views. This highly desirable floor plan includes a spacious primary suite that features incredible views, a large bath and two closets, including a large walk-in closet with ample storage space. Two additional well-sized bedrooms have en-suite baths. A convenient powder room is available for guests. The in-unit laundry room has a new washer and dryer. The kitchen is quite large, with plenty of cabinets and an eat-in space. It’s ready for a new owner to imagine the possibilities. Additional conveniences include a service entrance and hallway where the climate-controlled HVAC system is located outside the unit, which ensures a peaceful interior. This residence also includes a parking space in the lobby-level garage and a convenient storage unit. Enjoy the tranquility and luxury of this exceptional home in one of Longboat Key’s most sought-after communities. Grand Bay offers an unparalleled lifestyle with a 24-hour attended security gate, two Har-Tru tennis courts, two heated pools, spa, clubhouse and fully equipped fitness center. Membership to the private Bay Isles Beach Club is included. Adjacent to this community are the exclusive amenities of the Longboat Key Club, including golf, tennis, pickleball, social activities and private dining options (available with a separate membership).
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,325,000
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 | $1,060,000 | $1,060,000 | $1,060,000 |
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 | $1,070 | $1,070 | $1,070 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,052 | $6,787 | $9,380 |
Total Monthly Payment | $8,247 | $7,982 | $10,575 |
* 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.