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Experience furnished island living in this turnkey, two-level Fairway Bay townhome offering 2 bedrooms, 2 full bathrooms, 1 half bathroom and 1, 626 square feet of thoughtfully arranged living space. The open living and dining area is enhanced by cathedral and vaulted ceilings and offers views of the tropical landscaping and community pool. A split-bedroom layout provides separation between the sleeping areas, while the kitchen includes a built-in oven, cooktop, microwave, refrigerator, dishwasher and disposal. Additional features include ceiling fans, window treatments, an interior laundry area with washer and dryer, central heating and air conditioning, a covered deck and patio, and an attached one-car garage with tandem parking.
Located within gated Bay Isles along Sarasota Bay, Fairway Bay offers beautifully landscaped grounds, on-site maintenance, pool and spa facilities, two cushioned mixed-use courts for tennis and pickleball, a clubhouse with a full kitchen, exercise facilities, a shell walking path bordering the bay and multiple kayak launches. Community activities include yoga, bridge, mahjong, book clubs and social gatherings. Bay Isles residents also enjoy access to the private Gulf-front Bay Isles Beach Club, featuring a beautiful stretch of beach, covered picnic and entertaining areas, tiki huts, barbecue facilities, restrooms, changing areas and showers. Nearby shopping, dining, golf, marina options, St. Armands Circle and downtown Sarasota provide convenient access to the many attractions of Longboat Key and Sarasota. Golf club and marina privileges are separate and are not included unless specifically stated in the lease. This furnished residence brings together comfort, recreation, coastal surroundings and the convenience of a gated island community.
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Our Executive Mortgage Banker:
Our Insurance Division:
$3,500
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 |
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|---|---|---|---|
| Loan Amount | $2,800 | $2,800 | $2,800 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.125% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.424% | 6.640% | 5.972% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $17 | $18 | $23 |
| Total Monthly Payment | $92 | $93 | $98 |
* 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.