1221 N Palm AVENUE, #303, Sarasota, FL, 34236 | $399,500

Prime downtown Sarasota location. The Elegant Frances Carlton Building is on the National Register of Historic Places built in 1924. Enjoy living in the heart of Downtown Sarasota with Water views of Marine Jacks and Sarasota Bay and within a short distance to the waterfront, theaters, and the cities finest dining establishments, cultural events, farmers markets, Selby Botanical Gardens, Boutique shopping, and Bayfront Island Park and Marina. This cozy unit offers in unit washer and dryer, updated bath and study with wood flooring. The Frances Carlton building features 20 units, heated pool, courtyard and secure gated parking. A great place to spend the season of a lifetime. This building has PASSED the state required engineering inspection. Welcome Home.

Features

  • Heating: Central
  • Cooling: Central Air
  • Levels: 1
  • Rooms: 5
  • Bedrooms: 1
  • Baths: 1 full
  • Complex: FRANCES CARLTON
  • Year Built: 1924
  • Common Charge: $3,065 Quarterly
  • Approx Sq. Feet: 675
  • Est. Taxes: $3,774
  • Lot Desc: Flood Insurance Required, FloodZone, City Lot, Near Marina, Sidewalk
  • View: Water
  • Elem. School: Alta Vista Elementary
  • Middle School: Booker Middle
  • High School: Booker High
  • Pet Policy: Yes
  • Appliances: Dryer, Range, Refrigerator, Tankless Water Heater, Washer
  • MLS#: A4566633
  • Days on Market: 370 days
  • Website: https://www.raveis.com
    /prop/A4566633/1221npalmavenue_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 5/4/2024 10:26:07 AM)
Listing courtesy of COLDWELL BANKER REALTY   Phone: 941-366-8070

William Raveis Family of Services

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888.699.8876

Contact@raveis.com

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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

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Evelio MirandaInsurance Sales Director, William Raveis Insurance

561.704.7334

Evelio.Miranda@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

1221 N Palm AVENUE, #303, Sarasota, FL, 34236

$399,500

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 Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $319,600 $319,600 $319,600
Term 360 months 360 months 180 months
Initial Interest Rate** 7.250% 7.125% 6.375%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.945% 7.292% 6.623%
Monthly Tax Payment $315 $315 $315
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,180 $2,153 $2,762
Total Monthly Payment $2,569 $2,542 $3,151

* 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.