PRICED TO SELL and out of the Flood zone, this luxurious, BRAND-NEW CONDO is situated in the heart of Sarasota's vibrant Rosemary district and features a contemporary design by award-winning architects Halflants + Pichette. This exquisite residence perfectly blends modern elegance with urban convenience. Perched on the fourth floor, this two-bedroom, two-bath condo offers expansive city views as you enter through the foyer, leading to a generous living and dining area, a state-of-the-art kitchen with a breakfast bar, and a balcony that seamlessly connects indoor and outdoor spaces, framing the Sarasota skyline.
This unique home, is outfitted with floor-to-ceiling Hurricane proof, energy-efficient insulated impact glass windows, contemporary cabinetry, quartz countertops, a premium appliance package, solid core doors, and porcelain tile flooring throughout. The kitchen is designed for both entertaining and quiet evenings at home, featuring, a spacious island. The master suite provides a serene retreat with a modern ensuite bathroom, complete with double vanities and a walk-in shower.
Additional conveniences include in-unit large capacity laundry, a covered parking bay with wiring for an EV charger, and proximity to Sarasota's finest dining, shopping, farmers market, opera, theater, art galleries, live music, and the Sarasota Bayfront. Embrace the urban lifestyle with everything you need right at your doorstep. NO FLOOD ZONE means, No Flood insurance needed plus really low HOA's. This unit won’t last! Schedule your private showing today!
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Our Executive Mortgage Banker:
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$895,000
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 | $716,000 | $716,000 | $716,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.762% | 6.036% |
Monthly Tax Payment | $1,408 | $1,408 | $1,408 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,585 | $4,585 | $6,286 |
Total Monthly Payment | $6,085 | $6,085 | $7,786 |
* 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.