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This TOTALLY RENOVATED ISLAND BEAUTY will charm the most sophisticated Buyers and the spectacular sunrise views over Sarasota Bay enhanced by sunset-lit City and Golf Course views will take your breath away. Ideally situated within a short beach walk between the popular Resort at Longboat Key Club and the brand-new St. Regis Resort, this perfect gem features storm shutters PLUS impact-rated sliding doors for complete safety & security and to enhance the amazing sunrise to sunset views from its desirable 9th floor location. Taken down to the studs, and perfectly planned to utilize every inch, with all new electrical components and LED lighting, new PVC pipes, solid core doors, custom designed cabinetry thought-out, and so much more, there is nothing left to do but enjoy the island lifestyle from the moment you arrive. The open-concept kitchen makes entertaining a breeze and offers custom solid-wood cabinetry, gorgeous quartz countertops, a Sub-Zero refrigerator, and stylish hi-end Bosch appliances, including a wine cooler. The primary bedroom & living room lead to a separate balcony where you can soak up the sun while enjoying the peaceful island surroundings. BTW - the views from the Primary bedroom are simply spellbinding day and night, and it almost feels as if the trees on the adjacent Golf course are perfectly positioned to dazzle you. Residents enjoy the convenience of the on-site manager, a secure lobby and resort style amenities including tennis and pickle ball, heated pool and spa, a well equipped gym, and the total refurbishment of the lobby, hallways, inviting social room, community bathrooms, showers as well as the new beachfront landscaping which create an even more exceptional experience in this world-class beach location. A membership to Longboat Key Club’s plentiful offerings will provide many hours of outdoor fun and golf enthusiasts will appreciate the two championship courses. A 27-hole course Harbourside & an 18-hole course at Links on Longboat, both meticulously maintained offering stunning scenery. Tennis players can take advantage of 25 Har-Tru tennis courts, while pickleball fans will enjoy the 8 newly added courts. These facilities, along with professional instruction and a well-appointed pro shop, cater to athletes of all levels. Outside the gates, Longboat Key offers a 10 mile stretch of pristine beaches, boating, fishing, and a great variety of local treasures to explore. Fine & casual dining, boutique shopping and Sarasota's many cultural offerings are just moments away, creating the perfect balance of relaxation and activity in this sought-after island paradise.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,399,000
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 | $1,119,200 | $1,119,200 | $1,119,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.500% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.848% | 6.613% | 6.560% |
Monthly Tax Payment | $1,144 | $1,144 | $1,144 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,800 | $7,074 | $9,673 |
Total Monthly Payment | $8,069 | $8,343 | $10,942 |
* 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.