Groundbreaking occurred May 26, 2023! Nestled in the coveted neighborhood of Golden Gate Point, only a short stroll from the excitement of downtown Sarasota, an intimate, luxurious oasis is being built. Peninsula Sarasota will have two towers offering just one or two residences per floor. A total of 23 expansive 3-bedroom units. Each residence will exude contemporary, modern design featuring a soothing color palette, high ceilings, and wrap-around terraces that maximize the beauty of your surroundings and water views. With the developer's meticulous attention to detail and consistent level of luxury throughout the entire building, every element of relaxed living has been considered in the creation of your turnkey home. You will have a choice of engineered hardwood or large-format porcelain tile for flooring. The kitchens will be sleek, European-designed cabinetry with gas cooktops and quartz countertops. Your choice of Gaggeneau or Wolf & Subzero Appliances. Rohl & Waterworks Plumbing Fixtures, Floor to Ceiling Windows, and a Gas Grill on the Balcony complete this exclusive, luxurious experience. A Spacious Owner's Retreat will have walk-in closets, double sinks, a soaking tub, and an expansive shower. There will be an on-site concierge to help facilitate your needs. Access-controlled underground parking for two-car and EV charger for 2 cars. Ride your private elevator down to the resort-style swimming pool and the state-of-the-art fitness center on the 2nd floor. The owner's club room will overlook the pool and include a wine room and private wine storage for each residence. Peninsula Sarasota will offer a discerning lifestyle in the epicenter of a tropical oasis, yet close to the vibrant, arts-and-culture-centric downtown and some of the country’s best beaches. Life on Point. Find out more about all Peninsula has to offer!
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Our Executive Mortgage Banker:
Our Insurance Division:
William Raveis Real Estate
RVP, Mortgage Banker
William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr)
Adjustable Rate Jumbo*
|Term||360 months||360 months||180 months|
|Initial Interest Rate**||7.375%||6.875%||7.000%|
|Interest Rate based on Index + Margin||8.125%|
|Annual Percentage Rate||7.903%||6.977%||7.207%|
|Monthly Tax Payment||$1,609||$1,609||$1,609|
|H/O Insurance Payment||$125||$125||$125|
|Initial Principal & Interest Pmt||$20,720||$19,708||$26,965|
|Total Monthly Payment||$22,454||$21,442||$28,699|
* 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.