One or more photo(s) has been virtually staged. Discover the ultimate in beachfront living with this inviting 2-bedroom, 2-bathroom residence in Longboat Key Towers. Nestled behind the gates of the prestigious Longboat Key Club, this home offers sweeping Gulf views from its west-facing living areas and serene sunrise vistas from its east-facing bedrooms. Designed for comfort and relaxation, the spacious layout seamlessly connects the living room, dining area, and galley kitchen, all framed by walls of glass that capture the beauty of the Gulf of Mexico and its magnificent sunsets. The kitchen features white cabinetry, stone countertops, stainless steel appliances, and a breakfast bar, making it both functional and stylish. The primary suite, located on the east side of the residence, offers a custom walk-in closet, en-suite bath, and direct access to the balcony, where you can enjoy peaceful morning sunrises. The guest bedroom also enjoys balcony access and is positioned to maximize the tranquil ambiance of the sunrise views. From this 9th-floor vantage point, you can also take in captivating views of the Links on Longboat Golf Course, part of the Longboat Key Club’s 45 holes of PGA-approved courses, featuring driving ranges, private clubhouses, and on-site dining—all set against the shimmering Gulf of Mexico and the vibrant skyline of downtown Sarasota. Residents of Longboat Key Towers enjoy an array of resort-style amenities, including a heated beachfront pool and spa, fitness center, sauna, steam room, meeting rooms, and an on-site guest suite. With its championship golf, tennis facilities, spa services, dining options, and marina access, Longboat Key Club membership further enhances this exceptional lifestyle. Located on the highly sought-after south end of Longboat Key, this residence provides the perfect combination of privacy and convenience, with world-class beaches, shopping, dining, and cultural attractions just minutes away.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,395,000
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 | $1,116,000 | $1,116,000 | $1,116,000 |
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 | $778 | $778 | $778 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,425 | $7,146 | $9,876 |
Total Monthly Payment | $8,328 | $8,049 | $10,779 |
* 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.