203 Bay DRIVE N, Bradenton Beach, FL, 34217 | $7,828,000

Under contract-accepting backup offers. This immaculate BAYFRONT home has 8 spacious bedrooms, 8. 5 bathrooms, an elevator to navigate with ease on all THREE floors and is just bursting with elegance, upgrades and a luxurious pool & spa, don’t miss out on this fantastic opportunity! On the main floor you will find an oversized two car garage plus an additional parking pad, an expansive game room and a gorgeous outdoor oasis complete with a fully covered deck to grill out on, lay by the water and enjoy the sea breeze, and swim laps in your private pool & spa, you will have everything you need here! Up the elevator on the second floor you will find the open concept living areas, a convenient half bath and 3 full bedrooms and en-suite bathrooms! Wood flooring takes you into the gourmet kitchen featuring quartz countertops, high-end appliances, stylish gold accents and an expansive center island where you can entertain guests as you prepare a nice meal before all of the daily boating adventures! There is an exquisite chandelier above the dining room and tasteful design work throughout this space including shiplap wall details and pendant lighting. The entire main living area overlooks the water with its own covered patio, open the screen doors and cozy up as you watch incredible sunsets each evening and become totally relaxed as cheerful dolphins swim by, a truly dream-like experience! On the third floor you will find the last 5 bedrooms with en-suite bathrooms, a large seating area and access to the rooftop balcony. The master suite faces the water at the end of the hall with a shared patio entrance, a massive walk-in closet and en-suite with his and her vanities, a grand walk-in shower and soaker stand-alone tub, perfect for unwinding after long boat & beach days. This home is incredibly unique and offers a rare rooftop balcony/patio where you can capture all of the picturesque sunsets and have the 360-degree panoramic view! Centrally located in a NO HOA neighborhood, just 3 blocks from the nearby beaches, 1 block from Bridge Street and all of the popular shopping & dining it offers! If you want a prime investment property or a forever dream waterfront home, look no further than this incredible property. This is a SUCCESSFUL RENTAL PROPERTY and already has FORWARD BOOKINGS IN PLACE.

Features

  • Rooms: 11
  • Bedrooms: 8
  • Baths: 8 full / 1 half
  • Year Built: 2021
  • Garage: 3-car
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 3,500
  • Acreage: 0.14
  • Est. Taxes: $12,857
  • View: Water
  • Pool: Gunite, Heated, In Ground
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • MLS#: A4572816
  • Days on Market: 214 days
  • Website: https://www.raveis.com
    /eprop/A4572816/203baydriven_bradentonbeach_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 5/9/2024 10:17:08 PM)
Listing courtesy of RE/MAX ALLIANCE GROUP   Phone: 941-758-7777

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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203 Bay DRIVE N, Bradenton Beach, FL, 34217

$7,828,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 $6,262,400 $6,262,400 $6,262,400
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 6.875% 6.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.851% 7.014% 6.915%
Monthly Tax Payment $1,071 $1,071 $1,071
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $42,191 $41,140 $55,417
Total Monthly Payment $43,387 $42,336 $56,613

* 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.