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The moment you step inside this exceptional second-floor end unit, you’ll feel as though you are living right on top of the water. Offering stunning panoramic views of Sarasota Bay, added privacy, and exceptional tranquility, this beautifully renovated bayfront residence is one of Runaway Bay’s most desirable and rarely available locations.
Runaway Bay has only four second-floor bayfront end units and just 16 second-floor bayfront units total, making this an extremely limited opportunity expected to sell quickly.
This two-bedroom, two-bath condo features unobstructed bay views, breathtaking sunrises, a private balcony, an A/C system replaced in January 2021, and a new hot water tank installed in 2023. Enjoy daily swims in the Gulf of Mexico with designated private beach access leading to six miles of powdery sand beaches.
Community amenities include a heated saltwater pool, fitness room with sauna, tennis, pickleball, bocce ball, shuffleboard, clubhouse, grilling area, fishing pier, and kayak launch. The Anna Maria Island Trolley stops right outside the complex, offering easy access to dining, shopping, miniature golf, live music, and the Historic Bridge Street area.
Currently used as the owner’s private residence, this stunning bayfront condo offers the perfect combination of privacy, water views, and Anna Maria Island living.
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:
$689,900
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $551,920 | $551,920 | $551,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.524% | 5.866% |
| Monthly Tax Payment | $203 | $203 | $203 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,305 | $3,443 | $4,546 |
| Total Monthly Payment | $3,600 | $3,738 | $4,841 |
* 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.