Welcome to Sutton Place, a sought-after Bay-to-Gulf community on Longboat Key. This fully furnished, second-floor, spacious one-bedroom, one-bathroom condominium offers a serene retreat with breathtaking views of Sarasota Bay and exclusive access to a pristine stretch of Gulf beach. This property stood strong through recent storms, with no hurricane or flooding issues.
Inside, you'll find an inviting space with modern updates including sleek black stainless-steel Samsung appliances, hurricane windows and doors, plantation shutters, and a newer water heater and HVAC system. The home blends style and functionality with tile floors throughout and a breakfast bar perfect for casual dining. The spacious great room seamlessly flows into the Florida Room, an ideal spot for dining or relaxing while enjoying picturesque bay views. This home also offers abundant storage, including a customized walk-in closet in the bedroom, an additional customized closet in the Florida Room, and extra cabinetry near the entrance to keep your essentials organized.
Sutton Place is a vibrant, social community offering a wealth of amenities, including two heated resort-style pools, an expansive clubhouse with a library and billiards, multiple grilling stations, and an owner’s marina with boat docks, kayak storage, and a launch. Residents also enjoy exclusive gated beach access with parking, a pavilion, picnic tables, restrooms with hot showers, a car wash station, and convenient lockers for storing beach chairs. Two small pets are permitted, and after the first year of ownership, the unit may be rented twice per year, with a minimum rental period of one month.
Centrally located on Longboat Key, Sutton Place is just moments from Bayfront Park, which features pickleball and tennis courts, dog parks, and more. To the south, across the bridge, is the vibrant St. Armands Circle, a renowned destination offering charming boutiques, cozy cafes, and a variety of restaurants. A short drive north, still within Longboat Key, you'll discover the convenient Centre Shops, many iconic dining options such as Euphemia Haye and Harry's, along with bayfront favorites like The Shore and Mar Vista, as well as the waterfront shops, cafes, Ventura’s Italian Kitchen, and pilates and fitness centers located along the bayou in Whitney Plaza.
Whether you’re seeking a full-time residence or a seasonal getaway, this condominium delivers comfort, convenience, and an excellent waterfront lifestyle.
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Our Executive Mortgage Banker:
Our Insurance Division:
$435,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $348,000 | $348,000 | $348,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 7.250% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.330% | 7.386% | 6.623% |
Monthly Tax Payment | $402 | $402 | $402 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,315 | $2,374 | $3,008 |
Total Monthly Payment | $2,792 | $2,851 | $3,485 |
* 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.