Sarasota, FL, 34236 | $7,600,000

One or more photo(s) has been virtually staged. Under Construction. The Rosewood Residences, Lido Key the first stand-alone condominium residences bearing the prestigious Rosewood name. Offering a limited collection of 65 stunning private residences located on 3. 5 acres of one of the most treasured beaches on the West coast of Florida with 235 feet of beach frontage. The 11-story design by Miami based Swedroe Architecture with interiors spaces thoughtfully designed by Lillian Wu Studios of NYC. Offering 24-hour concierge, valet parking and bespoke owner services by Rosewood Resorts. Residence #504 features 3- bedroom, 3. 5 bath plus den with 4, 081 square feet perfect for entertaining. Dramatically organized around expansive dual islands and an inviting wet bar warmed by sunny southern exposure. As the private elevator doors open to the grand salon, the floor to ceiling windows provide a spectacular view of the Gulf of Mexico. The southern tip of Siesta Key can be seen in the distance. Two ensuite bedrooms plus a spacious den ensuring owners and guests privacy. The master bedroom continues the views even further, with a full wall of floor to ceiling windows and glass door leading out to your expansive terrace. Imagine waking up to this view and enjoying a cup of coffee from the morning bar without having to leave your owners suite. No detail overlooked in the expansive kitchen Wolf, Sub-Zero, Waterworks plumbing fixtures, Rocky Mountain hardware and Irpinia cabinets with a multitude of finish choices. Grab your favorite vintage from your Sub Zero wine refrigerator as the chef in your life creates his masterpiece on the outdoor summer kitchen with built in gas grill. The residence is a perfect location for entertaining and offers a separate service galley with second refrigerator, oven, and dishwasher a perfect space for catering or a dinner prepared by your onsite chef and delivered by the in-residence dining team. The 46, 900 square foot amenity level offers an intimate, private club atmosphere surrounded only by family and friends. The spaces are perfect for gathering or quiet escape. Only 65 owners, your experience will be as private as it will be luxurious. Lavish amenities include a private Bistro dining option, a world-class fitness center with options for private training and yoga, two outdoor pools, private cabanas, day beds, towel, food, and beverage service. The wellness spa is a haven for relaxation with hot and cold plunge pools, salt and steam room and private massage rooms. The social lounge, serving morning coffee, is a wonderful place to start the day. The other amenities include a game room, a nine seat private theater and six generously sized guest suites allowing owners’ family and friends to enjoy the pleasures of this private resort. The Beach club with chair and umbrella service also includes an outdoor pursuits program including kayaking and standup paddle boards. Rosewood’s philosophy a “Sense of Place” redefines the concept of residential hospitality by creating experiences that are authentic, original, and deeply personal by offering impeccable service and unparalleled attention to detail.

Features

  • Elevator: Y
  • Heating: Central
  • Cooling: Central Air, Zoned
  • Levels: 11
  • Rooms: 6
  • Bedrooms: 3
  • Baths: 3 full / 1 half
  • Laundry: Inside
  • Complex: ROSEWOOD RESIDENCES LIDO KEY
  • Year Built: 2024
  • Approx Sq. Feet: 4,081
  • Est. Taxes: $0
  • Condo Fee: $15,701 Quarterly
  • View: Water
  • Pet Policy: Breed Restrictions, Number Limit
  • Appliances: Built-In Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Freezer, Ice Maker, Microwave, Refrigerator, Washer, Wine Refrigerator
  • MLS#: A4577822
  • Days on Market: 232 days
  • Website: https://www.raveis.com
    /prop/A4577822/_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 5/14/2024 12:38:03 AM)
Listing courtesy of RONTO REALTY LLC   Phone: 941-888-3131

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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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Our Insurance Division:

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Sarasota, FL, 34236

$7,600,000

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 $6,080,000 $6,080,000 $6,080,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.250% 6.875% 6.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.877% 6.977% 7.041%
Monthly Tax Payment $0 $0 $0
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $41,476 $39,941 $54,225
Total Monthly Payment $41,601 $40,066 $54,350

* 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.