111 S PINEAPPLE AVENUE, #503, Sarasota, FL, 34236 | $3,397,000

Come experience the epitome of luxury downtown living in this one-of-a-kind condominium at Mark Sarasota. This extraordinary residence features over 1, 500 square feet of terrace to enjoy downtown Sarasota views and is the only double unit, 4-bedroom, 4. 5-bathroom residence. Conveniently positioned above State Street and Lemon Avenue, take a stroll to Sarasota’s best fine dining, shops, farmer’s markets, art galleries and more. The residence is full of natural light with floor-to-ceiling windows and offers modern, chic designer-selected furnishings included for the new owner. This spacious residence provides two owner suites and two guest suites - all with en-suite bathrooms - custom built walk-in closets, two living areas, private office, media room, expansive laundry room, wet bar and ample storage space. Situated on the amenities floor, enjoy a luxury lifestyle with quick access to a fully equipped fitness center, spin studio, newsroom, clubroom, saltwater pool and spa, cabanas, grills and fire pit. As a double unit, the residence offers two assigned parking space and two secured storage units. Mark Sarasota provides luxury and peace of mind with 24-hour concierge, secure lobby access, gated parking, on-site management and 24-hour security. From Sarasota’s vibrant performing arts, award-winning restaurants and vibrant nightlife to the beautiful surroundings of water at Marina Jack’s, Bayfront Park and more, the one-of-a-kind residence at Mark Sarasota is more than a home, it’s a way of life.

Features

  • Elevator: Y
  • Heating: Electric
  • Cooling: Central Air
  • Levels: 12
  • Amenities: Clubhouse, Elevator(s), Fitness Center, Pool, Security
  • Bedrooms: 4
  • Baths: 4 full / 1 half
  • Laundry: Inside, Laundry Room
  • Complex: MARK SARASOTA CONDO
  • Year Built: 2019
  • Approx Sq. Feet: 3,202
  • Est. Taxes: $21,827
  • Condo Fee: $5,999 Quarterly
  • Lot Desc: City Lot, Near Public Transit, Sidewalk
  • View: City
  • Elem. School: Southside Elementary
  • Middle School: Booker Middle
  • High School: Sarasota High
  • Pet Policy: Number Limit, Size Limit, Yes
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Range Hood, Refrigerator, Washer, Wine Refrigerator
  • MLS#: A4570665
  • Days on Market: 185 days
  • Website: https://www.raveis.com
    /prop/A4570665/111spineappleavenue_sarasota_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 12/1/2023 10:52:16 AM)
Listing courtesy of HARTMAN REAL ESTATE & COMPANY   Phone: 941-500-4547

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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111 S PINEAPPLE AVENUE, #503, Sarasota, FL, 34236

$3,397,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 $2,717,600 $2,717,600 $2,717,600
Term 360 months 360 months 180 months
Initial Interest Rate** 7.250% 7.375% 7.125%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.903% 7.506% 7.354%
Monthly Tax Payment $1,819 $1,819 $1,819
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $18,539 $18,770 $24,617
Total Monthly Payment $20,483 $20,714 $26,561

* 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.