|
WATERFRONT MODERN ESTATE | DEEP WATER DOCK | ONE MILE FROM DOWNTOWN SARASOTA. Welcome to one of Sarasota’s most desirable waterfront addresses. Built in 2017 to the highest structural standards, this modern estate was engineered to endure Florida’s toughest hurricanes — set on 75 reinforced concrete piles with solid concrete exterior walls, slabs, and roof, and impact-rated glass throughout. Located within an exclusive gated community just one mile from downtown, the property enjoys direct views of Sarasota Bay, the Ringling Bridge, and the city skyline. Steps away lies The Bay Park, a new world-class 53-acre waterfront park and nature preserve featuring scenic walking trails, kayak launches through the tranquil mangroves, open-air events, and year-round recreation. Enjoy boating from your private deep-water dock equipped with a 13, 000 lb lift, or relax by the resort-style pool featuring a 12-person spa and expansive sunshelf surrounded by lush tropical landscaping. Inside, every detail reflects European refinement and contemporary luxury: Italian interior doors, a German top-of-the-line kitchen, and porcelain tile imported from Spain create an ambiance of elegance and sophistication. Additional highlights include a smart home automation system, a private elevator serving all floors including the rooftop level, and panoramic bay views from nearly every room. With The Bay Project, Downtown Sarasota, Bayfront Park, and the Ringling Bridge all just moments away, this residence perfectly blends architectural excellence, modern design, and a premier waterfront lifestyle.
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:
$10,750,000
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 | $8,600,000 | $8,600,000 | $8,600,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.000% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.440% | 6.110% | 5.952% |
| Monthly Tax Payment | $8,699 | $8,699 | $8,699 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $49,506 | $51,561 | $71,415 |
| Total Monthly Payment | $58,330 | $60,385 | $80,239 |
* 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.