The best beachfront value on Longboat Key awaits, where the beach, tennis and lush tropical grounds converge to make this turnkey furnished, 1, 636+/- sq. -ft. , 3BR/3BA, two-story former developer's residence your private beachside oasis. As you step inside, you'll be captivated by the fresh, spacious and stylish interiors that exude a modern coastal ambiance, as gorgeous wood porcelain floors, the open plan and soaring 9. 5-foot ceilings create a sense of grandeur and airiness. Descend to the lower level, where the oversized master suite beckons with an ensuite bathroom, generous storage space and a wonderful sitting area or office overlooking the manicured grounds and tennis courts, providing a serene backdrop for your daily routine. A second guest room and bathroom on this level ensure privacy and tranquility for every member of your family or guests. This exceptional home has been a cherished part of the owner's family for over 25 years, undergoing an extensive remodel in 2017 in which no detail was untouched. From new plumbing and HVAC systems to custom kitchen cabinets and top-of-the-line appliances, every aspect has been thoughtfully curated to provide you with the ultimate in modern luxury living. Step outside on the open terrace and you'll find yourself immersed in a resort-style setting, where a myriad of active amenities is available for the enjoyment of your family and friends. With 750’ of prime beach frontage Longboat Beach & Tennis Club offers residents 8 Har-Tru tennis courts, pickleball courts, 2 heated pools, a fitness center, and one covered parking space with plenty of guest parking. Pet friendly with no weight restrictions. Enjoy great rental income potential with a one-month minimum rental max 12 times a year.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,075,000
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
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $860,000 | $860,000 | $860,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.625% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.355% | 6.738% | 6.684% |
Monthly Tax Payment | $696 | $696 | $696 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,507 | $5,507 | $7,492 |
Total Monthly Payment | $6,328 | $6,328 | $8,313 |
* 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.