332 Cocoanut AVENUE, #511, Sarasota, FL, 34236 | $835,000

NEW PRICE AND READY FOR SEASON! The perfect luxury pied-à-terre or year-round residence. Location and lifestyle immerse with all the culture and ambiance of city living. TOP FLOOR corner end unit 511 SHINES in this 2021 MODERN build boutique downtown condominium located in the flourishing Rosemary District. Condo fee only $435 monthly. One of only 3 in floor plan stack, this airy unit has two bedrooms and one bathroom with glass walk-in shower, a thoughtful open floor plan for living, and a spacious South-facing 100 square foot terrace, all comprising 1, 067 total square feet for ultimate enjoyment. The second bedroom offers flexibility of use and is set up as den and office for the needs of the current owner. As you enter your gaze is pulled to the expanse of glass that lines the width of the living space. The views impress and present the downtown city skyline to enjoy sunny day vistas and nights that twinkle. This modern residence perched on the 5th floor reveals soaring ceilings in the living area and primary bedroom showcasing open web steel joists—and notice the concrete architectural features further accentuating on the urban aesthetic. There are many designer enhancements and upgrades this first owner added including custom color wood cabinetry in kitchen and bathroom, kitchen faucet, cabinet hardware, tiled kitchen backsplash, pebble tile shower floor, vanity light fixture and framed mirror, main floor tile into the second bedroom/den/office, automated Hunter Douglas blinds, custom fitted California Closets system, and modern ceiling light fixtures in living area and den. The flooring in the unit consists of a coastal-vibe wood-look plank tile through-out the main living area, continued into the den and bathroom with premium carpet in the primary bedroom and walk-in closet. The entryway adjacent to the kitchen has its own convenient reach in closet that can be imagined to needs. The kitchen layout is designed with a generous peninsula accommodating ample counter seating, durable Caesarstone quartz countertops and equipped with Samsung stainless steel appliances. Electrolux stacked washer/dryer conveniently hidden behind the laundry closet pocket door in the hallway next to the bathroom. Top 5th floor residents enjoy a common overlook terrace off the corridor looking out over the pool terrace and city beyond. Amenities include an elevated rooftop heated pool and sundeck on the 3rd level, complete with gas grill, and a covered lounge area. 332 Cocoanut is a secure building with fob entry and surveillance, 2 elevators, secure climate-controlled storage room on the second floor, and ground level under building parking. Unit 511 comes with 1 covered parking space and 5 x 10 storage cage. This modern building was designed by the award-winning DSDG Architects firm utilizing impressive design elements, post-tension concrete construction, enhanced sound attenuation, and impact windows and terrace doors with Solarban. A short 500 yards to Whole Foods Market and the year-round Sarasota Farmers Market. And the experiences of Main Street intersecting from there. Delightful St. Armands Circle and Lido Beach are under 3 miles over the scenic Ringling Bridge. Eateries, Shops, Galleries, Theatre, Opera, Ballet, the Sarasota Bayfront, and Marina, the evolving 53-acre Bay Park, and more, so close just steps from your door. Hop on the Bay Runner to the beach. Catch the Breeze to SRQ airport only 4 miles away.

Features

  • Elevator: Y
  • Heating: Central
  • Cooling: Central Air
  • Levels: 5
  • Amenities: Elevator(s), Maintenance, Pool
  • Rooms: 5
  • Bedrooms: 2
  • Baths: 1 full
  • Laundry: Inside
  • Complex: 332 COCOANUT CONDOMINIUM
  • Year Built: 2021
  • Approx Sq. Feet: 967
  • Est. Taxes: $6,077
  • Condo Fee: $435 Monthly
  • Lot Desc: Sidewalk
  • View: City, Water
  • Elem. School: Alta Vista Elementary
  • Middle School: Booker Middle
  • High School: Booker High
  • Pet Policy: Breed Restrictions, Cats OK, Dogs OK, Number Limit, Yes
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • MLS#: A4616444
  • Days on Market: 68 days
  • Buyer Broker Compensation: 3.00%
  • Website: https://www.raveis.com
    /raveis/A4616444/332cocoanutavenue_sarasota_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 9/18/2024 11:32:16 PM)

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.

Allison FickenSales Associate

941.960.0409

Allison.Ficken@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.

Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@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

Florida Insurance TeamInsurance Sales Director, William Raveis Insurance

561.704.7334

FLInsure@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

332 Cocoanut AVENUE, #511, Sarasota, FL, 34236

$835,000

Allison Ficken

Sales Associate

William Raveis Real Estate

Phone: 941.960.0409

Allison.Ficken@raveis.com

Melissa Cohn

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 $668,000 $668,000 $668,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.125% 6.125% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.443% 6.246% 6.201%
Monthly Tax Payment $506 $506 $506
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,059 $4,059 $5,637
Total Monthly Payment $4,657 $4,657 $6,235

* 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.