One or more photo(s) has been virtually staged. Experience the ultimate in SALTWATER FRONT living with this premier 10th-floor condo in the exclusive Condo on the Bay community. This stunning two-bedroom, two-bath LUXURY residence offers unparalleled views of the water, including the rare feature of window views in the second bedroom—a unique highlight! Designed for modern living, the open-concept great room and kitchen provide an ideal space for entertaining, with spectacular waterview sunsets as your backdrop. The luxurious primary suite includes a private terrace with sweeping saltwater views, a custom walk-in closet, dual sinks, and a spa-like shower. The versatile second bedroom doubles as a home office and features built-in Murphy beds for added convenience. Residents of this sought-after community enjoy exceptional amenities, including bayfront pools, a 24/7 security gatehouse, concierge services, tennis and pickleball courts, boat docking, kayak storage, a fishing pier, fitness rooms, and a social gathering space. Nestled in downtown Sarasota, near the acclaimed Bay Park, this condo is your gateway to a vibrant community life. Participate in morning exercise classes, trivia nights, and happy hours, or explore over 53 acres of parkland with mangrove walkways, public gardens, a concert stage, and a variety of recreational facilities. Conveniently located just minutes from downtown Sarasota, St. Armand’s Circle, Lido Key, and Siesta Key Beach #1 rated beach in USA, this residence offers the perfect combination of luxury, lifestyle, and location. Don’t miss your opportunity to lease this exceptional home in one of Sarasota’s most coveted neighborhoods.
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Our Executive Mortgage Banker:
Our Insurance Division:
$5,500
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 | $4,400 | $4,400 | $4,400 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 7.125% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.330% | 7.295% | 6.538% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $29 | $30 | $38 |
Total Monthly Payment | $104 | $105 | $113 |
* 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.