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Located behind the gates of the prestigious Bay Isles, this beautiful TURNKEY FURNISHED 2-bedroom, 2-bathroom, two-story residence in Fairway Bay offers the feel of a private home with the ease of resort-style living. A welcoming entry opens to a bright interior with soaring ceilings, wood floors, and large windows. Recessed lighting, custom tile and wood accents, and a spacious layout add both style and comfort. The kitchen features white cabinetry with glass accents, stone countertops, stainless steel appliances, a modern range hood, and a breakfast bar that flows into the living area. A built-in dining nook adds charm and function, while a cozy fireplace sets the tone for relaxed evenings. Sliding glass doors lead to a screened terrace with direct access to the community pool and amenities. There are two large spacious bedrooms with wood floors and natural light. The primary suite includes a renovated en-suite bath with dual vanities, a walk-in shower, and a wall of glass with plantation shutters. On the ground level, over 800 sq. ft. bonus space offers flexible use as a media room, office, gym, or guest suite. A separate laundry room adds everyday convenience. Fairway Bay offers tennis courts, a fitness center, heated pool, and private deeded beach access through the Bay Isles Beach Club—complete with pavilions, picnic areas, grills, and Gulf views. Optional membership to the nearby Longboat Key Club adds even more, with 45 holes of golf, 20 tennis courts, a marina, spa, fitness center, dining, and social events. Just minutes away, the new St. Regis Longboat Key Resort enhances the lifestyle with upscale dining, a beachside tiki bar, luxury spa, and multiple pools. Ideally located near Publix, St. Armands Circle, and downtown Sarasota, this home offers the best of coastal living in a prime Longboat Key location.
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Our Executive Mortgage Banker:
Our Insurance Division:
$885,000
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 | $708,000 | $708,000 | $708,000 |
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 | $845 | $845 | $845 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,302 | $4,533 | $6,119 |
Total Monthly Payment | $5,239 | $5,470 | $7,056 |
* 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.