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Discover this sunny coastal residence in the prestigious Promenade community. This two-bedroom residence spans more than 1, 800 square feet, offering sweeping views of the Gulf of Mexico and lushly landscaped grounds. A sunset-facing terrace invites you to bask in gentle beach breezes while taking in breathtaking vistas of the sparkling water and tropical scenery. Step inside to an open-concept layout designed for comfort and style. Walls of floor-to-ceiling sliders allow natural light to pour into the spacious living areas. The galley-style kitchen offers plenty of storage and counter space, complete with a cozy dining area overlooking the Gulf. Adjacent to the great room, built-in cabinetry and a wet bar make entertaining effortless. The primary suite is a private sanctuary, positioned for maximum Gulf views and direct terrace access. His-and-her walk-in closets provide ample storage, while the en-suite bath features dual vanities, soaking tub, and separate glass shower. The split-bedroom layout ensures privacy, with the second bedroom offering its own walk-in closet and full en-suite bath. The Promenade is a premier, full-service community where residents enjoy a luxurious beachfront lifestyle. Recent renovations have enhanced its resort atmosphere, including a 24-hour manned guard gate, concierge service, and secure under-building parking. The amenities are unparalleled, with a state-of-the-art fitness center, four Har-Tru tennis courts, social gathering spaces, and a Gulf-front sundeck with shaded gazebos, grilling areas, and ample seating. A heated swimming pool and spa, along with private beach access and charming tiki huts, complete the experience. Located on the southern end of Longboat Key, The Promenade offers convenient access to the vibrant arts, dining, and shopping scene of St. Armands Circle, as well as downtown Sarasota’s cultural attractions. Whether you’re looking for a year-round residence or a vacation escape, this Gulf-front retreat delivers the perfect balance of luxury and relaxation.
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.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,195,000
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 | $956,000 | $956,000 | $956,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.625% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.861% | 6.727% | 6.560% |
Monthly Tax Payment | $537 | $537 | $537 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,809 | $6,121 | $8,262 |
Total Monthly Payment | $6,471 | $6,783 | $8,924 |
* 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.