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Under contract-accepting backup offers. Elegant and contemporary describes this ninth-floor penthouse condominium in the historic district of Sarasota on Main Street. The Cityscape at Courthouse Centre complex has only 19 residential units, was built in 2005 and offers the best value in downtown Sarasota among newer buildings. This stylish contemporary 2 story penthouse has an open floor plan, 2 bedrooms and 2 bathrooms. The master bathroom was renovated in 2018 and can only be described as true luxury. The kitchen was completely remodeled in 2018 and extends contemporary white cabinetry into the open dining area. The living room has a gas fireplace, built in shelving and pocket doors which open and flow into the downstairs bedroom/office or den. Designed with an open floor plan and soaring 20- foot high ceilings, this penthouse condominium has gorgeous views from every room, including a view of Sarasota Bay from the balcony and upstairs bedroom. This exclusive penthouse offers private PH-level elevator access, newly renovated soundproof hallways, and a resident-only community room. The building offers concierge service, assigned parking in the attached parking ramp, and an enclosed climate- controlled storage area. Guest parking is plentiful in the parking garage as well. Restaurants, theaters, shopping and nightlife is right outside your door. If that was not enough, the condominium association is not responsible for any of the building costs. The condominium dues are guaranteed to only rise 3% per year through year 2027 and 2% per year for the next 14 years. No other condominium can provide this guarantee. The Cityscape at Courthouse Center offers the unparalleled lifestyle and convenience of an urban oasis in the heart of Sarasota. And it falls within an Opportunity Zone, offering potential tax advantages for investors.
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Our Executive Mortgage Banker:
Our Insurance Division:
$650,000
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
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $520,000 | $520,000 | $520,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.000% | 5.250% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.209% | 6.178% | 5.541% |
| Monthly Tax Payment | $243 | $243 | $243 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,953 | $3,118 | $4,180 |
| Total Monthly Payment | $3,288 | $3,453 | $4,515 |
* 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.