111 S Pineapple AVENUE, #1205, Sarasota, FL, 34236 | $2,699,000

Step up when you step into luxury in this stunning 3/B plus 3. 5 bath PENTHOUSE at Mark Sarasota. Views to the Bay and the Gulf of Mexico beyond. All bedrooms are ensuite. TWO parking spaces, one with EV charging. An open living and dining area with floor-to-ceiling windows. The three-bedroom retreat is perfect for families or those who love to entertain. Each bedroom comes with its own en-suite bath with premium finishes and fixtures, and an additional powder room ensures that guests have plenty of space. A chef’s kitchen with the finest materials, Nolte premium European cabinetry, Jenn-Air stainless steel euro-style appliances, induction range, quartz countertops and a large center island offers both ample seating and prep space. West-facing, the oversized balcony is the perfect spot to enjoy the evening sunset. The outdoor kitchen, equipped with an electric grill and beverage center makes entertaining or enjoying a quiet meal at home a breeze. The split plan creates a private master suite with floor-to-ceiling windows and two large walk-in closets with custom built-ins. The suite includes a spa-inspired bath with an oversized double vanity, quartz countertops, large walk-in shower with frameless glass enclosure, along with a separate frameless glass enclosed water closet. The den off the foyer is the perfect home office or flex space. A large separate laundry room with utility sink and double sided built-in upper and lower cabinetry add storage and function. Relish in a lifestyle of convenience with two dedicated parking spaces in the gate-controlled garage, a conveniently located storage locker down the hall, 24-hour concierge service and security. World-class building amenities include the 5th floor amenity deck featuring a sparkling 65-foot resort-style heated saltwater pool and spa, tranquil lounging areas, fire pit lounge, outdoor grills, high-tech fitness center, spin room and a club room with fireplace, bar, billiards, catering kitchen and newsroom. This luxurious penthouse residence puts you right in the heart of the action, with all the best that this vibrant city has to offer right at your doorstep. The bustling Main Street thoroughfare is lined with everything from high-end boutiques to cozy cafes, making it the perfect spot for a day of shopping and dining. And on Saturdays, the street comes alive with the Sarasota Farmers Market. Seek the sounds of water just a short stroll away at Bayfront Park, Marina Jack and O’Leary’s Tiki Bar with stunning views of the bay, or head out in the evening for the vibrant nightlife and cultural entertainment. Experience penthouse living at The Mark, where “downtown is downstairs” and your exceptional lifestyle on Florida’s Gulf Coast begins. Bedroom Closet Type: Walk-in Closet (Primary Bedroom).

Features

  • Elevator: Y
  • Heating: Central
  • Cooling: Central Air
  • Levels: 12
  • Rooms: 8
  • Bedrooms: 3
  • Baths: 3 full / 1 half
  • Laundry: Inside, Laundry Room
  • Complex: MARK SARASOTA CONDO
  • Year Built: 2019
  • Approx Sq. Feet: 2,358
  • Est. Taxes: $19,717
  • Condo Fee: $5,781 Quarterly
  • View: City, Pool, Water
  • Elem. School: Southside Elementary
  • Middle School: Booker Middle
  • High School: Sarasota High
  • Pet Policy: Yes
  • Appliances: Built-In Oven, Cooktop, Dishwasher, Dryer, Microwave, Range Hood, Refrigerator, Washer
  • MLS#: A4592317
  • Days on Market: 99 days
  • Website: https://www.raveis.com
    /prop/A4592317/111spineappleavenue_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 5/13/2024 11:49:25 PM)
Listing courtesy of MICHAEL SAUNDERS & COMPANY   Phone: 941-951-6660

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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:

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Our Insurance Division:

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111 S Pineapple AVENUE, #1205, Sarasota, FL, 34236

$2,699,000

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 $2,159,200 $2,159,200 $2,159,200
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 $1,643 $1,643 $1,643
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $14,730 $14,184 $19,257
Total Monthly Payment $16,498 $15,952 $21,025

* 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.