393 N Point ROAD, #602, Osprey, FL, 34229 | $899,000

Experience the sought-after lifestyle of The Oaks Club, seamlessly blended with the convenience and perks of a maintenance-free condominium, in this remarkable residence at The Meridian. This fully renovated three-bedroom, three-bath condominium is an unparalleled opportunity within one of the greater Sarasota area’s premier country club communities. No waitlist — immediate ownership and membership available! Located on the sixth floor, revel in breathtaking views of the Bay and Gulf of Mexico. Upon exiting the elevator into the private foyer, a sense of style and sophistication unfolds. The panoramic preserve, bay and Gulf views infuse the interior with natural light, creating an inviting, open atmosphere across the 2, 000-plus square feet of living space. This condominium, adorned with engineered hardwood floors, crown molding, custom light fixtures, remote-control storm shutters and electronic shades, offers a comfortable ambiance. The kitchen flawlessly integrates with the great room, featuring custom cabinetry, exotic quartz countertops, a glass tile backsplash, a large center island with counter-height seating, an induction cooktop and matte black stainless steel appliances. The covered screened terrace, accessible from the great room and primary suite, provides an ideal setting to enjoy the stunning nightly sunsets. The spa-like primary suite boasts a custom-organized walk-in closet, dual vanities, a frameless glass-enclosed shower, a free-standing tub, a heated towel bar and a water closet with a Toto toilet and washlet. Two additional bedrooms and bathrooms offer versatility to accommodate guests or a home office. Added features include a spacious laundry room, two covered secured parking spaces and a climate-controlled storage unit. Residents can indulge in The Meridian pool and fitness center as well as the outstanding amenities of The Oaks Club, a gated community with award-winning golf, tennis, pickleball, pool and various dining options. Situated just minutes away from nationally ranked Pine View School, the Legacy Bike Trail, area beaches and all the attractions of Gulf Coast living, this residence presents an exceptional opportunity to embrace a luxurious and active lifestyle.

Features

  • Elevator: Y
  • Heating: Central, Electric
  • Cooling: Central Air
  • Levels: 10
  • Amenities: Basketball Court, Clubhouse, Fence Restrictions, Fitness Center, Gated, Golf Course, Pickleball Court(s), Pool, Recreation Facilities, Security, Tennis Court(s), Vehicle Restrictions
  • Rooms: 9
  • Bedrooms: 3
  • Baths: 3 full
  • Laundry: Inside, Laundry Room
  • Complex: MERIDIAN AT THE OAKS PRESERVE
  • Year Built: 2001
  • Common Charge: $5,352 Quarterly
  • Approx Sq. Feet: 2,055
  • Acreage: 2.41
  • Est. Taxes: $3,962
  • Condo Fee: $1,055 Quarterly
  • View: Water
  • Elem. School: Gulf Gate Elementary
  • Middle School: Brookside Middle
  • High School: Riverview High
  • Pet Policy: Yes
  • Appliances: Built-In Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Refrigerator, Washer, Wine Refrigerator
  • MLS#: A4595119
  • Days on Market: 60 days
  • Website: https://www.raveis.com
    /prop/A4595119/393npointroad_osprey_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 6:02:09 PM)
Listing courtesy of PREMIER SOTHEBYS INTL REALTY   Phone: 941-364-4000

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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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393 N Point ROAD, #602, Osprey, FL, 34229

$899,000

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 $719,200 $719,200 $719,200
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 6.750% 6.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.838% 6.851% 6.915%
Monthly Tax Payment $330 $330 $330
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,845 $4,665 $6,364
Total Monthly Payment $5,267 $5,087 $6,786

* 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.