One or more photo(s) has been virtually staged. Pre-Construction. To be built. Recently released, this 20th-floor penthouse is poised at the top of the newest and most coveted Ritz-Carlton Residences Sarasota Bay. This expansive residence, with over 4, 800 square feet of space and 13-foot ceilings, boasts a private elevator and a glass-wrapped terrace that seamlessly blends indoor and outdoor living, offering breathtaking views. The expansive great room opens to two terraces overlooking Sarasota Bay, the Gulf of Mexico, and the iconic Ringling Bridge. Relish the indoor-outdoor lifestyle with meals al fresco on the terrace grill. The kitchen is a chef’s dream with an induction cooktop, Wolf and Subzero appliances, a built-in double oven tower, ten-foot-high European cabinetry, a butler’s pantry, and LED lighting throughout. In The Ritz-Carlton tradition of peerless service, a dedicated residence team will be at your service. The valet and on-site concierge promise every day to be an experience. Overlooking a quiet harbor, a state-of-the-art fitness and wellness center features hot and cold vitality plunge pools, saunas, and steam rooms. Grab a drink from the poolside bar or practice your swing on the golf simulator. Enjoy coffee, cocktails, and light bites in the News Café. Resident-only kayaks, stand-up paddleboards, and bicycles provide excursions by land or by sea. Explore the vibrant local scene with shopping, dining, theater, opera, or ballet. Life served to perfection. The exclusive Harbor Club, available only to owners dedicated to socializing, health, and wellness, offers over 17, 000 square feet of resort-inspired amenities, creating a lifestyle beyond compare.
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.
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Our Executive Mortgage Banker:
Our Insurance Division:
$9,599,000
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 | $7,679,200 | $7,679,200 | $7,679,200 |
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% | 7.014% | 7.041% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $52,386 | $50,447 | $68,487 |
Total Monthly Payment | $52,511 | $50,572 | $68,612 |
* 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.