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Presented by
Tara Tamsin |
340 S Palm AVENUE, #11, Sarasota, FL, 34236 | $1,950,000
Bayfront Views from your private covered patio! Located on the serene and highly sought-after Palm Avenue, Sarabande offers an iconic waterfront living experience in Downtown Sarasota. This southerly corner unit covers 2, 323 square feet, including the outdoor living space, and has been renovated (2019-2021) and cherished, highlighting exquisite craftsmanship and attention to detail. Step inside to discover an inviting and spacious residence featuring warm wooden floors that flow seamlessly throughout. The gourmet kitchen is a chef's dream, equipped with top-of-the-line Jenn-Air & Bosch appliances, custom cabinetry, and quartz countertops. The primary bedroom suite is a private sanctuary, occupying over 600 square feet and boasting floor-to-ceiling windows, electric window coverings, porcelain tile floors in the primary bath and an enormous custom-built closet. The second bedroom with city views is perfect for out-of-town guests. The large office/den, equipped with custom built-in bookcases, workstation and storage, offers an ideal area for work, relaxation, or conversion into a third bedroom. Enjoy breathtaking views from the balcony overlooking our beautiful Sarasota Bay, perfect for private alfresco dining, Fourth of July fireworks, or simply watching the sunset. Residents who live in this full-service building enjoy a host of amenities, including an elegant lobby and reception area with a concierge desk, meeting rooms, club rooms for private gatherings, updated guest suites available by request, a fully equipped fitness center, two swimming pools including a heated 25-meter lap pool, a large spa and a sauna. Sarabande is also pet-friendly, adding to the allure of this exceptional residence. Experience the best in urban living with Sarabande's prime location, just a few minutes from theatres, art galleries, fine dining, shopping, the marina and Bayfront Park. This home also includes two parking spaces (w/1 electric hook up) and two secure storage units.
Features
- Elevator: Y
- Heating: Electric
- Cooling: Central Air
- Levels: 16
- Amenities: Cable TV, Elevator(s), Fitness Center, Lobby Key Required, Pool, Recreation Facilities, Spa/Hot Tub, Storage
- Rooms: 6
- Bedrooms: 2
- Baths: 2 full
- Laundry: Inside
- Complex: SARABANDE
- Year Built: 1998
- Approx Sq. Feet: 2,075
- Est. Taxes: $15,702
- Condo Fee: $6,287 Quarterly
- Lot Desc: City Lot, Near Marina, Near Public Transit, Private, Sidewalk
- View: City, Water
- Appliances: Built-In Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range Hood, Refrigerator, Washer
- MLS#: A4602631
- Days on Market: 67 days
- Website: https://www.raveis.com
/prop/A4602631/340spalmavenue_sarasota_fl?source=qrflyer
William Raveis Family of Services
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.
Tara TamsinSales Associate
203.988.7351
Tara.Tamsin@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Brian SkellyVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 793093
203.415.2989
Brian.Skelly@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
Diane PadelliInsurance Sales Director, William Raveis Insurance
203.444.0494
Diane.Padelli@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
340 S Palm AVENUE, #11, Sarasota, FL, 34236
$1,950,000
Tara Tamsin
Sales Associate
William Raveis Real Estate
Phone: 203.988.7351
Tara.Tamsin@raveis.com
Brian Skelly
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.415.2989
Brian.Skelly@raveis.com
NMLS Mortgage Loan Originator ID 793093
|
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $1,560,000 | $1,560,000 | $1,560,000 |
| 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% | 7.014% | 7.041% |
| Monthly Tax Payment | $1,309 | $1,309 | $1,309 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $10,642 | $10,248 | $13,913 |
| Total Monthly Payment | $12,075 | $11,681 | $15,346 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388