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An extraordinary opportunity to own a 55-by-21-foot yacht slip at Longboat Key Moorings, one of Florida’s finest deep-water marinas, on the exclusive island of Longboat Key. This state-of-the-art marina offers direct, no-bridge access to Sarasota Bay and Intracoastal Waterway, just minutes from the Gulf of Mexico. Ideally situated, Longboat Key Moorings is only moments from the upscale boutiques and restaurants of St. Armands Circle, vibrant downtown Sarasota and the sugar-sand shores of Bradenton Beach. Enjoy the comfort and security of storm-protected deep-water slips, full-time dock crew, 24-hour staffed guard gate and the personalized service of the harbor concierge. Each slip is equipped with cable TV, electricity, water and high-speed Wi-Fi. Additional on-site conveniences include a full-service fuel dock, pump-out station, laundry facilities, and a dedicated service department for maintenance and repairs. Slip ownership offers access to a resort-style experience within a Mediterranean-inspired marina village featuring fine dining, boutique shopping and curated social events. A complimentary shuttle to St. Armands Circle adds even more convenience and charm. Yacht Club members gain entry to an exclusive private clubhouse with elegant furnishings, TV lounge, conference space and relaxing social areas. Outdoor amenities include a heated pool, grilling stations, teak chaise lounges and a pristine bathhouse. Ownership of this slip requires membership in the Longboat Key Club's Yacht Club, with an initiation fee of $115, 000. This membership grants exclusive access to a variety of premier amenities, including the private Yacht Club facility, multiple waterfront restaurants, the Longboat Key Club’s private beach and poolside venues, and a calendar full of social and recreational events. Members also enjoy access to the club’s championship golf courses, tennis courts, a modern fitness center, the Mind & Motion Studio, and a full-service spa. Additionally, the membership offers reciprocity with over 700 yacht clubs across the country, elevating your boating lifestyle to a national level. Longboat Key Moorings is more than a marina, it’s a world-class lifestyle destination. Now is the time to secure your piece of paradise in Sarasota.
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Our Executive Mortgage Banker:
Our Insurance Division:
$300,000
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 | $240,000 | $240,000 | $240,000 |
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 | 6.995% | 7.050% | 6.132% |
Monthly Tax Payment | $214 | $214 | $214 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,497 | $1,577 | $2,009 |
Total Monthly Payment | $1,786 | $1,866 | $2,298 |
* 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.