Location, location, location! This is the # 1 downtown address in the city of Sarasota. You cannot beat the lifestyle. Walk 5 minutes to Marina Jacks where you can harbor your boat at the marina, walk 5 minutes to Whole Foods, the Opera, the great shops and all of downtown’s best restaurants. This Penthouse has been completely remodeled just 2 years ago and feels like new, so you get the best of all worlds, more space than in a new building at a much better price. The remodeled result is a light-filled, open floor plan boasting 10-foot ceilings, 9” oak flooring, and elegant crown moldings throughout. Custom-designed built-ins provide a pantry, bar, and banquette seating enveloped by bookshelves. The kitchen, essentially reinvented, now exudes sophistication with neutral finishes. Soft-touch European style cabinets in high gloss Luxe Blanco, complemented by coordinating quartz and quartzite countertops frame a central island featuring a gas cooktop. Seamlessly integrated with the living and dining areas, this kitchen facilitates easy conversation between the chef and guests. The primary suite, positioned on the west end, offers a generous space with a custom-designed closet. The en-suite bath showcases marble floors and shower and separate vanities. Additional hallway storage caters to off-season clothing storage. The additional en-suite bedrooms provide comfortable accommodation with great closets and access to balconies. The chic powder bath features a new marble topped vanity and a fun wall covering. Boasting two garage parking spaces, the building provides on-site management, a 24-hour concierge, and top-notch building maintenance, making it a standout in the city. Community spirit thrives here, with neighbors fostering an unparalleled sense of ease and care. Social gatherings and potlucks contribute to a warm communal atmosphere, further enhanced by the recently remodeled common areas in 2023. These communal spaces include a large gathering area, a bar, a pool table, a kitchen, a lending library, a fully equipped gym, and a heated pool and spa with poolside bathrooms featuring saunas. Experience the epitome of urban luxury living with unparalleled amenities.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$1,875,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,500,000 | $1,500,000 | $1,500,000 |
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 | $1,158 | $1,158 | $1,158 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $10,233 | $9,854 | $13,378 |
Total Monthly Payment | $11,516 | $11,137 | $14,661 |
* 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.