This Condo-on-the-Bay offers an upscale and contemporary apartment with a million-
dollar, 180-degree view of Sarasota Bay and Ringling Bridge. See spectacular sunsets every
evening. Every inch of this condo has been remodeled. The work is done. All it needs is
YOU! This "Renoir" unit features the popular split-bedroom floor plan. Walls have been
removed to open the kitchen to the dining and living rooms to create an expansive
entertaining area. The living area has floor-to-ceiling hurricane sliders that open to a large
beautifully tiled balcony to further increase your living space with amazing views. Enjoy
watching dolphins play, pelicans, ospreys, and an occasional manatee.
There’s storage, storage and more storage with an entire hallway full of custom
closets. The kitchen also has a lot of space with pull out shelving. There is a large pantry,
a dry bar with a wine cooler, plenty of counter space, and at the end, a full-size washer and
dryer. Upgrades include automatic window blinds in the living room and master bedroom, a
tankless water heater, a recent air conditioning system, a water filter in the kitchen, LED
lighting, and much more.
The generously sized master suite has views you don't have to get out of bed for, a
walk-in closet, and three other custom mirrored closets. The master bath has a jetted tub,
while the adjacent guest bathroom has a double sink and walk-in shower. A large guestroom
with a mirrored-double closet can serve as a combination bedroom/office.
Condo on the Bay is a friendly community located in downtown Sarasota, situated on
an exclusive 9-acre gated peninsula. It has 24 hr. security, daily concierge services, a social
room with a catering kitchen, and air-conditioned storage on the ground floor. The condos
share the Ritz/Hyatt yacht basin on the east side. Swim or sit back at two resort-style pools.
One has a beautiful view of the bay while the other is more secluded.
No one will block your view because this property is right on the bay. Walk out the
front entrance to your boat or kayak dock, or fish off the pier. But the lobby’s elevation is
eleven feet above sea level. This property boasts many amenities, including newly refinished
tennis and pickleball courts, social rooms, and gyms, as well as organized activities such as
yoga, water aerobics, happy hours, and dining out.
Walk one minute to Bay Park or 10 minutes to Main Street to enjoy Sarasota’s
many restaurants, its cultural life, and a farmers’ market on Saturday. Or drive to Lido
Beach, just 2 miles away.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$1,275,000
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 | $1,020,000 | $1,020,000 | $1,020,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.261% | 6.748% | 6.847% |
Monthly Tax Payment | $718 | $718 | $718 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,786 | $6,531 | $8,956 |
Total Monthly Payment | $7,629 | $7,374 | $9,799 |
* 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.