4976 Gulf Of Mexico DRIVE, #Villa 18, Longboat Key, FL, 34228 | $800,000

MOTIVATED SELLER - SPACIOUS MAINTENANCE FREE WATERFRONT HOME - $200, 000 PRICE REDUCTION! This waterfront villa offers gorgeous Sarasota Bay and canal views plus the spaciousness (1900 SF) of a single-family home with 2 bedrooms, a den, 2 bathrooms, laundry room and Florida room, yet it is Maintenance-Free! It's the best of both worlds. . . the size of a house yet the ease of condo living. Offering a perfect island lifestyle and the space to entertain or host guests, this inviting home features a water view Great Room, a Florida Room with attached patio, two Bedrooms with direct access to the Florida Room, two Bathrooms, and a versatile Bonus Room that can serve as a home office, third bedroom, or in-law quarters with its built-in Murphy Bed and exterior entrance. As you enter this waterfront haven, a soothing coastal décor embraces you, harmonizing with the captivating blue water views. Luxury Vinyl Plank floors, recently updated bathrooms with new vanities, new tile and stone countertops, and a generously sized kitchen finished with cottage-style cabinets and a porcelain Farm Sink immerse you into a comfortable coastal lifestyle. Hurricane impact windows and a newer roof ensure peace of mind. Convenience is key with a spacious laundry room housing newer full-sized machines and an attached carport facilitating easy access to your front door for groceries and luggage. In addition, you have your own private patio, perfect for barbecuing the catch of the day, al fresco dining under the stars or watching manatees and dolphins. Venturing beyond your personal oasis, you can indulge in abundant community amenities including 2 heated pools with complementary chaises, saunas, tennis and pickle ball courts, a fitness center, shuffleboard courts, boat slips ($45/month or $50/month with an owner supplied lift), kayak and paddle board storage/launches ($35/year), fishing, 3 beach accesses, and scenic biking/walking paths through 26 acres of professionally landscaped bay front grounds. An additional perk includes the Zota Beach Resort just across the street for fine dining and sunset happy hours. For peace of mind, the community is proactive in maintenance, passing its structural integrity inspection and receiving certification for another ten years. This sought-after community allows two rentals per year with a one-month minimum, enabling income generation while retaining the serene residential living experience. Uniquely pet-friendly, this community welcomes two large pets up to 75 pounds each and provides pet comfort stations throughout the property. Seize the opportunity to make this tranquil island haven your own! It's an extraordinary chance for an easy beach lifestyle in a paradise-like setting.

Features

  • Heating: Central
  • Cooling: Central Air
  • Levels: 1
  • Amenities: Cable TV, Clubhouse, Elevator(s), Fence Restrictions, Fitness Center, Laundry, Lobby Key Required, Maintenance, Optional Additional Fees, Park, Pickleball Court(s), Pool, Recreation Facilities, Sauna, Shuffleboard Court, Tennis Court(s), Trail(s), Vehicle Restrictions
  • Rooms: 11
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: Inside, Laundry Room
  • Complex: WINDWARD BAY AMD
  • Year Built: 1974
  • Common Charge: $1,035 Monthly
  • Approx Sq. Feet: 1,900
  • Acreage: 26
  • Est. Taxes: $5,707
  • Condo Fee: $268 Monthly
  • Lot Desc: FloodZone, City Lot, In County, Landscaped, Level, Near Golf Course, Near Marina, Near Public Transit, Sidewalk
  • View: Water
  • Elem. School: Anna Maria Elementary
  • Middle School: Martha B. King Middle
  • High School: Bayshore High
  • Pet Policy: Breed Restrictions, Number Limit, Size Limit, Yes
  • Appliances: Convection Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Washer
  • MLS#: A4589073
  • Days on Market: 186 days
  • Website: https://www.raveis.com
    /prop/A4589073/4976gulfofmexicodrive_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 5/25/2024 8:05:10 PM)
Listing courtesy of COLDWELL BANKER REALTY   Phone: 941-383-6411

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

4976 Gulf Of Mexico DRIVE, #Villa 18, Longboat Key, FL, 34228

$800,000

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 $640,000 $640,000 $640,000
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% 6.623%
Monthly Tax Payment $476 $476 $476
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,475 $4,312 $5,531
Total Monthly Payment $5,043 $4,880 $6,099

* 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.