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Refined Waterfront Living at The Strand of Sarasota An Exceptional Annual Lease Opportunity
Embrace the quintessential Sarasota lifestyle in this elegant 2-bedroom, 2-bathroom residence at The Strand, an exclusive waterfront community located just one mile from the vibrant heart of downtown. Positioned on the third floor, this impeccably designed condominium boasts sweeping views of Sarasota Bay and the Gulf of Mexico, offering a serene and sophisticated retreat. The thoughtfully curated open-concept floor plan is bathed in natural light, enhanced by expansive sliding glass doors that seamlessly connect the interior to a generously sized 119-square-foot private terrace—perfect for morning coffee or sunset cocktails overlooking the tranquil canal and bay.
Residence Highlights: 2 spacious bedrooms | 2 luxurious bathrooms , Light-filled open layout with premium designer finishes, Gourmet kitchen and refined living space private terrace with captivating water views. Exclusive Community Amenities Include: Heated resort-style pool and spa
State-of-the-art fitness center, Outdoor lounge with gas fire pit and grilling stations, Private kayak and paddle board launch, Scenic waterfront boardwalk and dog park. Assigned parking, personal storage locker, and EV charging station. Ideally situated moments from Sarasota’s celebrated cultural venues, fine dining, and boutique shopping—with Lido Beach and St. Armands Circle just minutes away—this exquisite residence presents a rare opportunity to lease within one of the city’s most sought-after waterfront enclaves. Broker Fee: $75. 00, payable prior to occupancy.
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:
$3,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $2,400 | $2,400 | $2,400 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.007% | 7.050% | 6.132% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $15 | $16 | $20 |
Total Monthly Payment | $90 | $91 | $95 |
* 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.