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Experience a seamless move-in process. This property is offered furnished, complete with a seller concession covering six months of association dues, plus all assessments have been paid. Rare Sixth-Floor Condominium Unit Where Sarasota Bay Views Meet Elevated Downtown Luxury Living. Perfectly positioned to capture sweeping views of Sarasota Bay, Marina Jack, and the sparkling city skyline, this two-bedroom, two-bath condominium offers a refined balance of elegance and ease. The desirable split floor plan is open and light-filled, with hurricane-impact windows and sliders (2016) that frame the vistas while maintaining the utmost peace and privacy. Step onto your expansive balcony with sleek glass railings, which is an ideal vantage point for Sarasota’s most celebrated events, from the 4th of July fireworks to the annual Christmas boat parade. One Watergate is on the tail end of a full renovation, with upgrades designed to elevate every aspect of the resident experience. The exterior and interior of the building have been freshly painted, with landscaping enhancements underway. Inside, residents are already enjoying all-new hallway carpeting, modern fixtures, fresh paint, and crisp new baseboards/trim. A full renovation is underway in the lobby and the clubroom, which have been completely reimagined to provide a sophisticated experience. A state-of-the-art fitness center will soon debut exclusively for residents and their guests, further enhancing the building’s modern lifestyle. Expected time of completion: March 2026. Secure fob access points and attentive onsite management provide added peace of mind. Resort-style living is part of the daily experience, with a large sunlit pool, two rooftop tennis and pickleball courts, outdoor grilling stations, and a stylish new social lounge. Residents benefit from one deeded covered parking space (#100), ample guest parking, and additional secured levels for convenience. At One Watergate, Sarasota’s finest experiences unfold right outside your door. Wander to Marina Jack or Bayfront Park, or savor the nearby five-star destinations such as Jack Dusty at the Ritz-Carlton, the new Ocean Prime, and the Westin’s rooftop bar and pool, the highest in the city. Downtown’s celebrated dining, boutique shopping, vibrant arts scene, and the bustling Saturday Farmers Market are all just moments away. Cross the Ringling Bridge for the allure of St. Armands Circle and the sun-drenched shores of Lido Beach, perfect for leisurely days or lively nights out. Cultural landmarks like The Ringling Museum and the Van Wezel Performing Arts Hall are just minutes from home, and Sarasota-Bradenton International Airport is conveniently close for effortless travel. More than a residence, this is your front-row seat to the Sarasota lifestyle set within a building undergoing an exciting transformation. Whether you’re searching for a full-time haven or a seasonal getaway, One Watergate offers a rare opportunity to enjoy the perfect blend of urban sophistication and waterfront serenity. Come experience it for yourself!
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RVP, Mortgage Banker
William Raveis Mortgage, LLC
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Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $679,200 | $679,200 | $679,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.250% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.362% | 6.349% | 6.183% |
| Monthly Tax Payment | $491 | $491 | $491 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,072 | $4,182 | $5,731 |
| Total Monthly Payment | $4,655 | $4,765 | $6,314 |
* 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.