Welcome to Bay Bliss in Sunbow Bay. The condominium is a two-bedroom, two-bathroom condominium on the top floor. When you enter the home and walk into the living room you are greeted by one of the best water views in the building. The wall-to-wall patio doors from the living room all overlook the secluded lagoon where you can launch paddle boards or kayaks from the community dock. This lagoon is home to manatees and dolphins throughout the year. Beyond that you look across the mangroves out to the intercoastal waterway. You will also be greeted by gorgeous sunrises most of the year. Bay Bliss has been completely updated from the original. The kitchen has new Shaker cabinets and new quartz countertops. All the appliances are less than three years old, including a new full-sized washer and dryer that have replaced the old compact stackable. The original enclosed galley kitchen has been opened to the living room with a breakfast bar. The entire condominium has gorgeous tile floors for easy maintenance. The primary bedroom with a king-sized bed also has wall to wall patio doors leading out to Lanai with the same gorgeous view. The second bedroom at the front of the unit has two double beds. It is bright and airy due to the ceiling skylight. This skylight has a custom shade to darken the room should you need to. Both the primary and hallway bathrooms have been updated with newer vanities, toilets, and tile work. The large front balcony has room for furniture. All the units have seats out front to enjoy the sunsets to the west. The unit has an assigned parking space, a lockable storage room and outside storage for kayaks and bicycles. The lagoon behind the home provides access for kayaks and paddleboards out to the Inter-coastal. The building has elevator access from the center of the ground floor parking area to each floor. There are also stairs at each end of the building, The community is right at the intersection of SR64 and E Bay Dr allowing easy access on and off the island. The present owners and family members use it regularly. However, they do rent it seasonally: 2023-$37, 101, 2024-$26, 817 The building had a new roof and skylights installed 12/2024 and there was no damage to the condominium. However, the elevator and swimming pools are out of service and should be operational as soon as the end of February. Do not let this gem get away!!!!
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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 | $471,920 | $471,920 | $471,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.243% | 7.171% | 6.518% |
Monthly Tax Payment | $680 | $680 | $680 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,140 | $3,137 | $4,046 |
Total Monthly Payment | $3,912 | $3,909 | $4,818 |
* 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.