Under contract-accepting backup offers. ASTONISHING & MIND-BLOWING NEW PRICE PLUS MORE! ADDITIONALLY, SELLER IS OFFERING TO EITHER PAY OFF THE 7/1/24 SPECIAL ASSESSMENT OR DEDUCT ANOTHER $26, 490 FROM LIST PRICE. The choice is yours! ALREADY THE LOWEST PRICED CONDO ON LONGBOAT KEY! This is your lucky day for an AMAZING OPPORTUNITY! Live in paradise in this charming one-bedroom, one-bath villa. (Or easily remodel to a two-bedroom condo with plenty of space!) Boasting 912 square feet to enjoy and unwind after a day spent soaking up the sun on the beach or kayaking on the bay. Perfect for couples or individuals looking to escape into paradise. The cozy beach house feel of this unit is evident from the moment you step inside and are greeted by a warm and inviting great room that is perfect for hosting friends or enjoying a quiet night in. The secluded natural beauty of the park-like patio makes it an ideal spot for morning coffee, evening grilling or simply relaxing in solitude. Located directly across the street, with 3 beach access points, (One private deeded) is the tranquil Gulf of Mexico and it's stunning views of the crystal-clear turquoise blue waters and sandy beaches that attract visitors from all over the world. A convenient carport is located steps from your front door, ensuring easy access to your vehicle at all times. Updates include New A/C (2021), New Refrigerator/Range/Dryer (2022) and New Impact Windows/Sliding Doors, Roof, Carport (2020). Windward Bay is a magical wildlife haven nestled mid Longboat Key on 26 acres, which is both well-manicured, beautifully landscaped and graced with 1/2 a mile of waterfront trails for your enjoyment. This villa and community offer Amenities Galore that make it an exceptional value including: 2 tennis/pickleball courts, 2 marinas with 28 boat & jet ski slips for a low monthly fee (first come first served), fishing pier, 2 fish cleaning stations, kayak racks, 2 heated pools, shuffleboard, bike racks, a clubhouse with kitchen, library, fitness room, meeting room, 2 saunas, and community fire pits at the clubhouse and on both the north & south end of the property. Conveniently accessible to Downtown Sarasota, St. Armands Circle and Championship Golf Courses. Welcome home to “Pet Friendly” Windward Bay, where TWO pets are allowed! Whether you're looking for a vacation home or a permanent residence, Villa 2 offers everything you need to live your best life on Longboat Key. Contact us today to schedule a viewing and experience the beauty and luxury of this incredible property for yourself! Seller will consider all offers!
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $285,520 | $285,520 | $285,520 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.737% | 7.146 | 6.120% |
Monthly Tax Payment | $331 | $331 | $331 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,852 | $1,876 | $2,390 |
Total Monthly Payment | $2,258 | $2,282 | $2,796 |
* 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.