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One or more photo(s) has been virtually staged. Welcome to the extraordinary Waterfront Residence at Condo on the Bay, a premier gated community directly on Sarasota Bay.
Location is Everything! This very desirable mid-building location offers not only the breathtaking panoramic views that stretch across the sparkling Bay to the Ringling Bridge and Longboat Key, but it also offers the bonus of watching boats passing by and the opportunity to observe the active marine life with soaring pelicans and the frequently seen dolphin frolicking in the Bay.
Completely renovated in 2023 with the touches of a renowned designer, this Van Gogh unit with its modern open floor plan offers wall to wall windows and expansive sliding glass doors, filling every room with sunlight creating a warm and sophisticated atmosphere. No detail was missed and no expense spared, with this renovation, including tankless water heater, full house filtration system and RO drinking water filtration system. The custom cabinetry, porcelain tile floors, elegant hardware and lighting fixtures along with the upscale kitchen appliances offers a kitchen appealing to the gourmet chef or the casual entertainer. The primary suite is a serene retreat, with its own private terrace also with stunning Bay views, an elegant ensuite bath with double vanity and oversized shower, offering a spa-like escape. The second bedroom doubles beautifully as a guest room or office/den, outfitted with a convenient queen Murphy bed and wall to wall windows.
Beyond your door Condo on the Bay offers many amenities: two heated swimming pools, a grilling station, private boat docks with fishing stations, tennis and pickleball courts, two fitness centers, elevated sky lobbies perfect for your larger gatherings or just to enjoy the sunset. Each Tower has a social room equipped with a full kitchen where planned events happen regularly if you want to meet your neighbors. There is assigned lower garage parking with abundant upper deck guest spaces plus EV charging stations.
Perfectly located next to Sarasota's new 40-acre waterfront park, The Bay, The Van Wezel Performing Arts Center and minutes from downtowns vibrant dining and shopping, The Rosemary District, and the nearby St. Armands Circle, Lido Beach and the SRQ Airport. All just a short drive away!
Condo on the Bay is more than a luxury residence; it's an invitation to embrace the very best of Sarasota's waterfront lifestyle.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$1,658,000
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 | $1,326,400 | $1,326,400 | $1,326,400 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.000% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.440% | 6.133% | 6.058% |
| Monthly Tax Payment | $1,062 | $1,062 | $1,062 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $7,636 | $7,952 | $11,104 |
| Total Monthly Payment | $8,823 | $9,139 | $12,291 |
* 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.