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Under contract-accepting backup offers. Rare Southwest Bayfront corner Residence at Tangerine Bay is now available!. Experience resort-style living in this very private, directly Bayfront corner home with three terraces. Nestled in a gated sanctuary on Longboat Key, this impeccably maintained residence offers over 2, 300 square feet of refined living space with breathtaking views of Sarasota Bay and Downtown Sarasota. You’ll want to spend most of your time enjoying the panorama from every terrace, soaking in the natural light that fills the open-concept layout, and admiring the wood flooring and cozy fireplace. The eat-in kitchen overlooks a private courtyard garden and features sleek, custom cabinetry, granite countertops, newer stainless steel appliances, a natural gas cooktop, and a walk-in pantry. The primary suite is a serene retreat, presenting exquisite bay views, sunrise terrace access, high ceilings, a walk-in closet, and a renovated en-suite bath. The guest suite and den/3rd bedroom are thoughtfully positioned for privacy, ensuring tranquil spaces for everyone. Indulge in indoor-outdoor living at its finest with multiple terraces ideal for morning coffee, sunrises, and sunsets, as well as listening to birds greet the day. On the sunset terrace, you can enjoy wine and cook dinner on the natural gas barbecue while watching the sunset. Tangerine Bay offers a range of amenities to complement this luxurious lifestyle. A heated saltwater pool with a lap lane and spa invites relaxation, while tennis and pickleball courts offer recreation. Stay active in the on-site fitness center, and join neighbors for social activities at the clubhouse, all set along a scenic half-mile walking trail. The community also features a newly renovated day boat dock, two kayak launches, and a fishing pier, making it easy to explore the waterways right from your doorstep. This corner residence combines luxury, privacy, and resort-style living with the beauty of Longboat Key. If you’re seeking a serene sanctuary with extraordinary Bayfront views this is a WOW home --a rare find --and ready instant enjoyment to create everlasting new memories.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,100,000
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 |
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|---|---|---|---|
| Loan Amount | $1,680,000 | $1,680,000 | $1,680,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.000% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.229% | 6.121% | 6.018% |
| Monthly Tax Payment | $1,004 | $1,004 | $1,004 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $9,539 | $10,072 | $14,064 |
| Total Monthly Payment | $10,668 | $11,201 | $15,193 |
* 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.