Price reduced, Enjoy Sweeping Ocean, bay and City views from this spectacular, luxury 12th floor large end-unit that lives like a house. From the minute you walk through the double door front entry you will feel like a King/ Queen !! You'll be amazed by the endless vistas of Siesta, Lido and Longboat Keys, along with the parade of boats on Sarasota Bay, Intercoastal Waterway, and the shimmering lights of downtown Sarasota and the Ringling Bridge. This spacious 3BD, 2. 5BA 2, 315 sq. ft. open concept plan has wood flooring throughout the main living area, along with an updated kitchen featuring sub zero appliances and high end cabinetry. If you are a wine enthusiast then you are in luck, plenty of space to store in the 500 bottle wine fridges. The kitchen opens to the living area with views of the Intercoastal, John Ringling Bridge, and Causeway Park. As hard as it is to leave this oasis in the sky, you won't be able to resist stepping outside to enjoy entertainment at the Van Wezel, downtown theaters, restaurants, and the vibrant arts community Sarasota is known for. While at home, the amenities at Condo on the Bay are plentiful. You'll have peace of mind with a guarded gatehouse, full-time concierge, and manager on-premises. The heated pool is right on the Bay allowing for awesome views of the water and Condo on the Bay's own private marina if you need a place for your boat. Grab a book from the condo library, cater a large party in the community lounge with a full kitchen, or get some exercise in the fitness room or on the tennis court. You can then recoup in the sauna and relax by the pool, or take a quick drive over to Lido or world-famous Siesta Key Beach. You have it all at the Condo on the Bay!
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,390,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $1,912,000 | $1,912,000 | $1,912,000 |
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% | 6.977% | 7.041% |
Monthly Tax Payment | $638 | $638 | $638 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $13,043 | $12,560 | $17,052 |
Total Monthly Payment | $13,806 | $13,323 | $17,815 |
* 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.