One or more photo(s) has been virtually staged. Priced below fair market value! Bayso is Sarasota's newest luxury condominium building located in the downtown bayfront called “The Quay Sarasota. ” Unit 1809, a J-floor plan on the 18th floor, not only has the light and bright southern exposure but is one floor below the penthouse units. The nearly 600 square feet of terrace space gives you breathtaking views of downtown Sarasota, Siesta Key, Bird Key, Lido Key, Sarasota Bay and the Gulf of Mexico. The J floor plan was the most popular non-corner unit in the new construction phase of Bayso, due to its southern exposure and layout being the only interior floor plan that has a soaking tub. The 1, 869-square-foot unit is a two-bedroom, three-bath plus den, which can easily be transformed into a media room, office or flex third bedroom for extra guests. The kitchen is designer-coordinated with Italkraft cabinets for that contemporary European feel, with upgraded quartz countertops and GROHE fixtures to keep that modern feel. All available upgrades were selected for this unit, including the most coveted second parking space. Bayso's amenities are well planned, with a top-of-the-line fitness center and flex workspace unique to Sarasota. The fifth floor sports the Splash Lounge entertainment area, the elevated pool deck, outdoor kitchen with gas grills and fire pit. The dog park tops off the fifth floor, along with pet washing and pet watering stations.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,950,000
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 | $1,560,000 | $1,560,000 | $1,560,000 |
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 | $0 | $0 | $0 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $10,642 | $10,248 | $13,913 |
Total Monthly Payment | $10,767 | $10,373 | $14,038 |
* 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.