726 Spanish DRIVE N, Longboat Key, FL, 34228 | $495,000

Welcome to this charming 2/2 villa with beautiful Terrazzo floors that lives like a single-family home and has a real neighborhood feel. Meticulously kept with one of the favorite features of the owners is the 30’x7’ new completely and beautifully renovated lanai with hurricane sliders and windows, a private office area plus grilling right outside your back door. Also, this room adds an additional 210 sq. ft. of living space. This home comes completely and tastefully turn key furnished, seriously all you need is your Florida warm weather clothes. Further improvements include: All new bathrooms, Cypress wood accent walls, hot water tank, upgraded washer/dryer, window blinds, total landscape restoration, newly installed patio stones, all hurricane grade window and doors, lined sewer pipes plus new complete roof and A/C 2105. Spanish Main Yacht Club is a waterfront community with a 40-slip deep water marina that holds up to 45-foot vessels with electric, water and renovated docks. A very active boating and social community with an upscale clubhouse, heated community pool plus fabulous water views, deeded beach access to the blue azure waters and sugar sand beach of Longboat Key. Whether you enjoy boating, kayaking, fishing, you only have to step out your door to enjoy it all. Golf, tennis, Pickleball, Pilates, fitness gyms plus fabulous dining and entertainment just minutes away not to mention St. Armands world-renowned reputation for great restaurants and shopping. You don't have to be 55 to purchase in Spanish Main and the community is pet friendly. Boat slips are very inexpensive to lease and located in a beautiful Marina. Slips are available at this time. Whether you make this your vacation home and/or want to use it for additional income, this villa is an easy choice. Come take a look

Features

  • Amenities: Boat Slip, Cable TV, Clubhouse, Boat Dock, Laundry, Maintenance, Marina, Pool, Shuffleboard Court
  • Rooms: 6
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: Laundry Room
  • Year Built: 1968
  • Garage: Guest
  • Heating: Central, Electric
  • Cooling: Central Air, Humidity Control
  • Approx Sq. Feet: 1,093
  • Est. Taxes: $4,664
  • Condo Fee: $1,295 Monthly
  • Lot Desc: FloodZone, Near Marina, Street Dead-End
  • Adult Communities: Yes
  • Elem. School: Anna Maria Elementary
  • Middle School: W.D. Sugg Middle
  • High School: Bayshore High
  • Pet Policy: Yes
  • Appliances: Convection Oven, Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • MLS#: A4583012
  • Days on Market: 132 days
  • Website: https://www.raveis.com
    /prop/A4583012/726spanishdriven_longboatkey_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 2/23/2024 12:17:33 PM)
Listing courtesy of PREMIER SOTHEBYS INTL REALTY   Phone: 941-364-4000

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NMLS Mortgage Loan Originator ID 16953

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726 Spanish DRIVE N, Longboat Key, FL, 34228

$495,000

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 Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $396,000 $396,000 $396,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.500% 7.125% 6.375%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 8.051% 7.295% 6.644%
Monthly Tax Payment $389 $389 $389
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,769 $2,668 $3,422
Total Monthly Payment $3,233 $3,132 $3,886

* 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.