Perched on the eighth floor of Building III in a tranquil south corner location, this sun-drenched Sanctuary residence offers breathtaking panoramic views of Sarasota Bay and downtown’s skyline through newly installed (2023) impact glass sliders and windows with Hunter Douglas window treatments. Spanning nearly 2, 400 square feet, the open concept interior awaits your personal touch to transform it into your ideal island retreat. Enjoy morning sunrises from the wraparound east terrace accessed through walls of impact glass sliders. Enter through double doors into a spacious foyer leading to a 30’ living/dining room with expansive floor-to-ceiling glass walls, beautiful wood flooring, and panoramic views that add to its sunny ambiance. The light-filled eat-in kitchen boasts an island, built-in ovens, pantry, and a charming dining nook surrounded by bay windows with terrace access. The secluded master retreat features its own bay terrace access, his/her walk-in closet with plenty of built-ins, and an en-suite marble bathroom with a water closet. A guest suite and den, easily convertible into a third bedroom, complete the split plan layout for optimal privacy. Included with this special residence is one under-building parking space and additional owner’s storage. Life at The Sanctuary, within the gated Longboat Key Club community, offers a resort-style lifestyle. Residents enjoy amenities such as a Gulfside swimming pool with cabanas, extensive sundeck, outdoor bar, heated pool and spa, tennis courts, fitness center, clubhouse activities, and a boardwalk to deeded beach access. The community also features a 24-hour manned guard gate and on-site management, ensuring security and convenience. For an even greater level of indulgence and relaxation, consider becoming a member of the renowned Longboat Key Club, available for purchase separately. This prestigious club offers access to world-class amenities, including immaculate golf courses, top-notch tennis facilities, a resort-style pool deck, a fully equipped fitness center, rejuvenating spa services, an array of exquisite dining options, and first-rate marina facilities. Live surrounded by luxury and natural beauty at The Sanctuary.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,195,000
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 | $1,756,000 | $1,756,000 | $1,756,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.148% | 6.748% | 6.786% |
Monthly Tax Payment | $1,613 | $1,613 | $1,613 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $11,536 | $11,244 | $15,418 |
Total Monthly Payment | $13,274 | $12,982 | $17,156 |
* 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.