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Under contract-accepting backup offers. This home has unobstructed seventh-floor views of the Sarasota skyline, along with sweeping water views of Sarasota Bay, The Longboat Key Club and the Gulf. Enjoy the views from sunrise to sunset through the floor-to-ceiling windows and sliding doors. Go outdoors to experience the luxury of the stylishly tiled wraparound balcony, accessible from the east, south and west sides of this home. A total renovation enables you to move right in. The stunning interior redesign optimizes the views and maximizes the living space. You'll be impressed with the private elevator entrance which opens to the main living space, where you'll find a large dining area and a charming dry bar. The innovative design extends throughout the home, highlighted by a gourmet kitchen with luxury Italian appliances, exquisite cabinetry, and an island/breakfast bar with extra storage. Wake up each morning in the primary suite to the breathtaking views and convenience of two generous closets, one a substantial walk-in. The large primary bath has double vanities with illuminated mirrors, dual water closets, custom linen storage and a spacious shower with a rain head. Guest accommodations are equally impressive, with a comfortable guest suite featuring west-facing views, stylish finishes and a closet with custom built-ins. A third bedroom was designed to accommodate bunk beds with special lighting and mobile phone charging stations. This space can also easily serve as an office, library or studio. You'll find abundant storage in the hall closets, all outfitted with custom built-ins. There is a water filtration system in place and a new hot water heater, located in the laundry room. Parking for this home is on the lobby level with close access to the lobby, which makes life easy. There is also extra parking at the building. This move-in-ready home is a wonderful find. The Grand Bay community offers exceptional privacy, with superb amenities including a newly refurbished gym, two pools with spas, Har-Tru tennis courts and a clubhouse. Membership is included to the private Bay Isles Beach Club with access to five acres of gulf beach perfection, restrooms and beach chair storage. From this home, it's easy to go to the Longboat Key Club where you'll find 45 holes of golf, five private restaurants, a world-class tennis center and new pickleball courts, all available with separate membership.
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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
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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** | 5.500% | 6.000% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.241% | 6.086% | 5.972% |
| Monthly Tax Payment | $1,159 | $1,159 | $1,159 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $8,858 | $9,353 | $12,954 |
| Total Monthly Payment | $10,142 | $10,637 | $14,238 |
* 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.