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Under contract-accepting backup offers. STUNNER ALERT- WITH OFFICE SPACE-DON’T PASS THIS BY JUST BECAUSE IT SAYS 2BED/2BATH! This end unit with an oversized walk-down bayfront terrace, and also an additional side terrace, exudes updated elegant comfort with the spanning water view everyone dreams of! The open floor plan combines kitchen/ living/ dining and outdoor spaces and has the office tucked away in the back to keep work space separate from the fun. The newly completed, classy kitchen offers golden accents that enhance the quartz countertops and backsplash, a double drawer dishwasher, double oven, built-in wine rack, roll-out cabinet drawers, refaced cabinets and pantry and accentuated lighting in the ceiling height display cabinets. One bonus of the extra side terrace is that you can use your electric grill here, off the kitchen, instead of on the main patio where you may be entertaining. Being the end unit, you get the benefit of an extended living room which has been detailed with built-in, lighted cabinetry and quartz to match the kitchen. Both bathrooms have been renovated to include new cabinetry incorporating the already beautiful granite that was in place. The guest bath has been retiled with marble and mosaic and includes a shampoo niche and seamless glass doors. Soffits have been raised in the kitchen and entry to increase the open feel and view. Other attributes of this home are custom closets, consistent 18” ceramic tile thru-out, updated ceiling fans, flush-mounted sprinkler heads, custom window treatments, more natural light thru extra windows offered in an end unit, and one under-building parking space. Fairway Bay is a beautiful community full of amenities (yes, even pickleball), bay-front trails, beach access to the Bay Isles Beach Club, and is behind the private Bay Isles gates for tree-lined walking off the main road of Longboat Key, past the Moorings, and along the Longboat Key Club Harbourside Golf Course.
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Our Executive Mortgage Banker:
Our Insurance Division:
$775,000
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 | $620,000 | $620,000 | $620,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.625% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.887% | 6.790% | 6.014% |
Monthly Tax Payment | $697 | $697 | $697 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,767 | $3,970 | $5,149 |
Total Monthly Payment | $4,556 | $4,759 | $5,938 |
* 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.