Welcome to this exquisite waterfront residence in Siesta Key, Florida, boasting an unparalleled sense of spaciousness with captivating Bay views. Combining the elegance of a luxury penthouse with the convenience of a lock-and-leave condominium, this remarkable home offers a truly unique living experience without the limitations of a Homeowners’ Association (HOA). At three stories tall, with floor-to-ceiling-windows facing Sarasota Bay, this stunning residence truly lives like a beautifully appointed townhome – long on luxury touches yet short on yard and lawn maintenance. The second-floor living area overlooks a quiet stretch of Sarasota Bay with an open floor plan offering two separate living areas and opening onto a balcony that looks out across your private pool and dock to the Bay waters. The modern chef’s kitchen is lined with bespoke custom cabinetry from Village Woodworking, with a Subzero refrigerator and Dacor range and ovens. The third level boasts a light-filled master bedroom with endless views and spacious master bath as well as a guest bedroom with views to match. The entire home is accessible via an elevator, but should you wish, the first floor has been converted into a second master suite that opens directly onto the pool deck. Keep it “as is” or redesign the first-floor living space however you wish. The outdoor living space is truly a water-lover and boater’s paradise, featuring a swimming pool and private boat dock stretching out into the Bay. The seawall is new and the dock itself is equipped with a 13, 000 lb. lift; able to accommodate up to a 30 ft boat. In addition to the seawall and dock, recent improvements to the property include impact resistant windows and doors, new HVAC, roof and more. This home is a must-see for anyone seeking the exclusive lifestyle reserved for the lucky few who can live alongside our brilliant South Florida waterways.
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Our Executive Mortgage Banker:
Our Insurance Division:
William Raveis Real Estate
RVP, Mortgage Banker
William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr)
Adjustable Rate Jumbo*
|Term||360 months||360 months||180 months|
|Initial Interest Rate**||7.375%||7.125%||7.250%|
|Interest Rate based on Index + Margin||8.125%|
|Annual Percentage Rate||7.903%||7.267%||7.459%|
|Monthly Tax Payment||$2,135||$2,135||$2,135|
|H/O Insurance Payment||$125||$125||$125|
|Initial Principal & Interest Pmt||$20,720||$20,212||$27,386|
|Total Monthly Payment||$22,980||$22,472||$29,646|
* 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.