One or more photo(s) has been virtually staged. Direct Bayfront living in the heart of Sarasota at Condo on the Bay. This fully renovated 2 bed/2 bath residence features beautiful panoramic views of the Sarasota Bayfront with breathtaking sunsets over LBK and Ringling Bridge. Step into the inviting Great Room – greeted by a wall of impact glass floor-to-ceiling sliding doors that seamlessly blend the outdoors in, opening to a spacious balcony overlooking one of two residents pools, just steps from one of the long piers and boat slips. Interior features include White Oak engineered hardwood flooring flowing throughout the Main Living space, complemented by custom built-in cabinetry and a dry bar with a wine refrigerator for easy entertaining. A chef’s delight, the modern kitchen features Elite Woodwork of Sarasota Cabinetry, stainless steel appliances including an induction cooktop and built-in wall oven and microwave, quartz countertops, Walnut wood backsplash, built-in pantry, and breakfast bar for casual dining. A conveniently located laundry closet with full-size stackable front-loading washer and dryer completes the kitchen. A true oasis, the master suite has serene water views, remote controlled Hunter Douglas shades, and plenty of storage space with a large walk-in customized closet plus a full entry wall of built-in cabinetry. The updated en-suite bathroom features dual floating vanities, modern floor-to-ceiling tile, a walk-in shower with frameless glass enclosure and multiple shower heads. The generously sized secondary bedroom boasts double built-in closets and a secondary bathroom with a floating vanity, walk-in shower with a frameless glass enclosure, and a built-in linen closet. New Ruud A/C in March 2023. Set directly on Sarasota Bay, the highly sought after community offers a lifestyle of sophistication and serenity. A range of amenities include staffed 24-hour security gated guardhouse, “sky lobbies” located on a number of floors throughout, two resort-style pools overlooking the bay, two fitness centers, tennis courts, pickleball courts, concierge services and boat/kayak docks with a fishing pier. This pet-friendly Tower II residence includes one assigned under-building parking space with secure access and storage. Just steps away from Sarasota Bay Park and the vibrant culture and arts scene of Downtown Sarasota, world-class dining, shopping and entertainment. A short drive to St. Armand’s Circle and Lido Beach. Don’t wait – it is time to experience a luxurious urban life from the 3rd floor of Tower II, in the Bayfront heart of Downtown Sarasota!
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$1,199,000
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 | $959,200 | $959,200 | $959,200 |
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 | $982 | $982 | $982 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,382 | $6,142 | $8,422 |
Total Monthly Payment | $7,489 | $7,249 | $9,529 |
* 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.