One or more photo(s) has been virtually staged. Welcome to Bayso! Downtown Sarasota's newest high rise luxury community. If you missed out on the pre-sales now is your next opportunity to own a 16th floor unit and be part of this wonderful development. Situated along Sarasota Bay amongst the Quay development project this unit offers both North West Bay water views and Downtown East and North East city views. The unit presents the popular RESIDENCE "E" floor plan boasting two terraces(one very large terrance running the length of the great room and guest suite and a private terrace off the owner's suite), 2 bedrooms plus a Den(flex room or office) and 3 full bathrooms. Upgrades to the original plan include: TWO ADJACENT PARKING SPACES, Superior roll-out drawers to full-height cabinet pantry and one base cabinet, spice rack pull-out, additional drawers under sink basin, Jenn-Air 36" induction cooktop, Jenn-Air 24" undercounter wine cellar, great room floor outlet, auto-shade prewired at all glazed window opening and luxury vinyl flooring in the bedrooms. Bayso offers and extensive list amenities to include: 24/7 security and access-controlled entry points at all elevators, lobbies, and parking garage decks. Over 2, 250 sq. ft. state-of-the-art Fitness Center featuring the latest high-tech exercise equipment. Resort-style pool and spa deck with entertainment areas and an outdoor kitchen. The Splash Lounge on the 5th level opens out onto the pool deck and offers a relaxing atmosphere for residents and their guests. A co-working space designed to serve as a flexible office space for residents. Formal lobby-level Resident Club Room with catering kitchen and bar for entertaining. Private dog park. Mail Room with package storage space. Secured WIFI throughout all amenity areas. Resident Board Room for private business meetings. Dedicated lobby-level staff to service residents and on-site property management. The opportunity to purchase brand new at this price is limited as demand continues to be competitive. Be sure to add this to your "must see" properties. Private showings available.
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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 | $1,400,000 | $1,400,000 | $1,400,000 |
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 | $4,111 | $4,111 | $4,111 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $9,550 | $9,197 | $12,486 |
Total Monthly Payment | $13,786 | $13,433 | $16,722 |
* 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.