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Rarely available - 3b/3b Bayview condo!! Expansive views of the intracoastal from the living room, kitchen and master bedroom-you can even see downtown Sarasota and enjoy beautiful sunrises every morning! Live in Paradise at world-famous Siesta Key. Experience luxurious living in this stunning 3 bedroom 3 bath unit with a loft! You can easily lease and generate excellent vacation rental income making this the perfect investment for years to come. This unit comes with a deeded owners spot under building, and ample guest parking. This resort style community includes access for 2 large, heated pools (one bayside and one beach side) deeded access to the beach, 2 heated whirlpools, shuffleboard, tennis courts, pickleball courts, a large gulf side sun deck, outdoor bar-b-ques/picnic areas, Intercoastal fishing pier/community room with a library. The popular location of this community also offers easy access to the South Bridge making all Sarasota conveniences and luxuries just a short drive away. This condo truly offers the ultimate in Florida living, with a perfect combination of luxury, comfort and relaxation. Schedule a viewing today and start living your dream!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,200,000
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 | $960,000 | $960,000 | $960,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.625% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.148% | 6.748% | 6.701% |
Monthly Tax Payment | $625 | $625 | $625 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,307 | $6,147 | $8,363 |
Total Monthly Payment | $7,057 | $6,897 | $9,113 |
* 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.