988 Blvd Of The Arts, #411, Sarasota, FL, 34236 | $1,295,000

DIRECT WATERFRONT, PAINT REFRESH FEB 2024. SUPER PRICE! RECENT REMODEL ! Partial features list: custom kitchen cabinets shaker style, floor to ceiling pantry, quartz kitchen countertop, coffee bar, and drybar, 2022 LG full size washer/dryer, 21" hidden cabinet, high quality wall mounted tankless water heater in closet for easy access, dry bar with heavy duty pullout drawers-wine glass cubbies-SS ice maker, 72" built in buffet & hutch with aqua blue river table top countertop and walnut live edge, crown molding living-both bed rooms, designer grade custom acrylic light fixtures dining room & kitchen, luxury vinyl plank flooring throughout, South Florida inspired aero blue bathroom cabinets, living room custom valance with motorized escreen roller shades, Master bed room sleeping blackouts and motorized roller shades, low voltage ambient accent lighting kitchen, living room and master bed room, all wiring replaced, new plumbing under all sinks. CONDO ON THE BAY is a highly sought after community with tremendous lifestyle benefits highlighting 24/7 manned security & gated guardhouse, two marinas/slips with power-water protected by breakwalls, and unobstructed views of Sarasota Bay. Walk to downtown corner of Lemon & Main 15 min, walk to Van Wezel and The Bay Park 5 - 6 min. , drive to Bird Key & St Armands Circle 6-7 min. 7-8 min. to Lido Beach. and 10 min. to Sarasota Memorial Hospital . Note this property is adjacent to 475 feet waterfront along Quay Harbor Lagoon connected to Sarasota Bay within the newly designated 14 acre waterfront district known as the The Quay Sarasota Waterfront District.

Features

  • Elevator: Y
  • Heating: Central
  • Cooling: Central Air
  • Levels: 19
  • Rooms: 4
  • Bedrooms: 2
  • Baths: 2 full
  • Complex: CONDO ON THE BAY
  • Year Built: 1982
  • Common Charge: $2,817 Quarterly
  • Approx Sq. Feet: 1,555
  • Est. Taxes: $6,868
  • View: Water
  • Pet Policy: Yes
  • Appliances: Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Range Hood, Refrigerator, Tankless Water Heater, Washer
  • MLS#: A4580342
  • Days on Market: 241 days
  • Website: https://www.raveis.com
    /prop/A4580342/988blvdofthearts_sarasota_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 5/15/2024 12:32:10 PM)
Listing courtesy of OCEANS GLOBAL REALTY, LLC   Phone: 941-444-5444

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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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988 Blvd Of The Arts, #411, Sarasota, FL, 34236

$1,295,000

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 $1,036,000 $1,036,000 $1,036,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.250% 6.875% 6.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.877% 7.014% 7.041%
Monthly Tax Payment $572 $572 $572
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $7,067 $6,806 $9,240
Total Monthly Payment $7,764 $7,503 $9,937

* 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.