Located on one of the best view areas of secluded, low density, private Tidy Island, offering panoramic views of Sarasota Bay from Downtown Sarasota to Longboat Key, this spacious, elevated, 2BR plus Den, 2 Car townhome with private elevator can become your prized waterfront retreat. Recently updated and move-in ready, this waterfront townhome has just been improved with over $115, 000 in modern upgrades. Design renovations include both bathrooms with beautiful marble tile and modern vanities, Bamboo flooring in all living areas, brand new, high-end, stainless steel LG appliances, a new washer and dryer, and an enclosed private loft office. Mechanical updates include new electrical wiring and panel, new plumbing with access panels for the laundry and shower, and new elevator cables and mechanicals for smooth operation. This well designed floor plan offers unforgettable views from every room, the main living area and guest bedroom on the 2nd level, and the owner's suite and office on the 3rd level. A sizeable gourmet kitchen overlooks the expansive dining and living area, and the smartly designed kitchen layout offers a back breakfast bar for morning coffee or tea while taking in the beautiful full bay views. The central dining area with cathedral ceilings is filled with bright light and offers open water views. The spacious primary suite is located on the 3rd level, and is accessed easily via a private elevator. It features new bamboo flooring, and an updated en-suite bath with marble tile in the shower, rain shower head, custom glass enclosure, and refinished vanities. The 3rd level also includes a newly enclosed Den-Office for a "work at home" option. This townhome comes with an oversized 2 car garage with a new hurricane rated, insulated garage door, and an extra 17' x 16' storage room on the first level. Tidy Island was one of the few islands developed for low density, built with only 94 residences on over 240 acres of protected wildlife and bird sanctuary. This waterfront gated community was designed with the architectural style of coastal New England, and offers a Lakefront Clubhouse with kitchen, bar, and entertainment room, 2 swimming pools and hot tubs, tennis courts, a fitness room, walking and jogging trails, and kayak storage area. Tidy Island is located in close proximity to the beautiful Suncoast Beaches, a vibrant cultural and culinary scene, prime shopping, healthcare facilities, multiple golf courses, and IMG Sports Academy. It is a quiet, island retreat located away from the hustle and bustle of everyday life, but close enough for convenience. Furnishings are available for an additional charge and optional. Call today for your private showing!
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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 | $940,000 | $940,000 | $940,000 |
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% | 6.760% | 6.806% |
Monthly Tax Payment | $918 | $918 | $918 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,175 | $6,019 | $8,253 |
Total Monthly Payment | $7,218 | $7,062 | $9,296 |
* 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.