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Presented by
Kate Johnson |
Rare opportunity to live downtown on the Bay with an unobstructed view of the bridge, boats, birds, kayaks, barrier islands and manatees. Live safely in this gated community on it's own peninsula with 24 hour security. This 10th floor condo can be your home for the holidays and winter. No one will ever build in front and block your endless bay and sunset views. Boat slips are currently available for lease. You can lounge on your extra wide covered, screened balcony day and night, or you can dock your boat or paddle a kayak only a few steps away. Cook in your fully equipped KitchenAid kitchen with granite countertops and ample custom cabinets and entertain at your bar with its own sink, built-in wine rack and wine cooler. The condo boasts a full size GE washer/dryer and new AC system. You can work out in the gym, the pool or the tennis and pickleball courts then relax in the primary bathroom’s whirlpool therapy bathtub or shower with plenty of warmth from the new tankless hot water system. The gate guard will call you when your guests arrive, and the concierge will see that packages are delivered to your door or bring up your heavy groceries for you. A large walk-in closet faces several cabinets and closets along the hallway between the two bedrooms and bathrooms. The building’s ground floor also has an air-conditioned storage room with an assigned cage.
For overnight visitors the built-in bookcase in the guest bedroom/office becomes a pull-down queen-sized bed and the guest bathroom has a walk-in shower along with custom cabinets and double sinks. The living area ceramic tile floors resist water and beach sand and are cool and non-slip to walk on, while the guest bedroom has fine American cherrywood floors. Balcony sliding glass doors are latest code for hurricane resistance. Association fees include common area maintenance, water and sewer, garbage, cable TV and wifi. Unit owner pays only electricity, AC maintenance and homeowner’s insurance.
Condo on the Bay is downtown where all the action is concentrated. Excellent fine dining as well as pizza, tacos, burgers and beer are all just a few steps down the street. Hotels, churches, yacht clubs, marinas, bars and the best powdered sugar beaches in the country are a short drive or a bicycle ride away. The city offers free outdoor movies and concerts all summer right across the street in the redesigned Bay Park with its lawns, bridges, mangroves and walking trails. The Bay also houses the renowned Sarasota Orchestra and the Van Wezel Performing Arts Hall, where Sarasota Ballet and a wide variety of musicians, dance companies, comedians and Broadway shows make appearances in season. In town the Sarasota Opera, Ringling Museum, Sarasota Art Museum, Selby Botanical Gardens, Mote Marine Laboratory and Aquarium and numerous colleges, universities and county libraries are all very close by. The airport is only 4 miles away. Sarasota Memorial Hospital, one of the best county hospital systems in the country, has its main campus down Tamiami Trail about 10 minutes away. Condo on the Bay offers its own social activities with barbecues, holiday parties, dining out, trivia nights, happy hours, water aerobics, kayak and other sports interests. At Condo on the Bay you have the best of both worlds, downtown conveniences and a waterfront lifestyle. All offers must include proof of funds or pre-approval.
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 Executive Mortgage Banker:
Our Insurance Division:
$985,000
Sales Associate
William Raveis Real Estate
Phone: 203.856.2786
kate.johnson@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 914.260.2006
Francine.Silberman@raveis.com
NMLS Mortgage Loan Originator ID 69244
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 914.260.5535
Mace.Rattet@raveis.com
NMLS Mortgage Loan Originator ID 69957
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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 | $788,000 | $788,000 | $788,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.000% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.440% | 6.110% | 5.952% |
| Monthly Tax Payment | $1,065 | $1,065 | $1,065 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,536 | $4,724 | $6,544 |
| Total Monthly Payment | $5,693 | $5,881 | $7,701 |
* 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.