Experience the pinnacle of Sarasota living at Broadway Promenade. Broadway Promenade offers resort-style amenities including a refreshing pool, fitness center, men and women's locker room with a sauna in each, a business center, billiards room, social room and club room, guest suites for visitors plus 24/7 concierge ensuring the utmost comfort and convenience. Plus Downtown Sarasota is right at your doorstep, you'll have easy access to world-class dining, shopping, entertainment, and cultural attractions. The building is also conveniently located to The Bay Park Sarasota so you can enjoy the park too! This lovely 2 Bedroom, 2 Bathroom condo has an open floor plan that seamlessly connects the living room, dining area, and modern kitchen, creating an ideal space for both relaxing and entertaining. Don't forget to take advantage of the great balcony space as well. The primary suite offers a generously sized bedroom with a large walk-in closet and a bathroom with dual sinks and a bath tub. This is the lowest priced unit in the building and a great value for living in Downtown Sarasota. The air conditioner was replaced in 2020. And water heater in 2021. The condo also comes with an additional storage unit on the floor. Don't miss this opportunity to experience the best of Sarasota living!
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Our Executive Mortgage Banker:
Our Insurance Division:
$424,900
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $339,920 | $339,920 | $339,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.563% | 7.159% | 6.276% |
Monthly Tax Payment | $216 | $216 | $216 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,262 | $2,259 | $2,867 |
Total Monthly Payment | $2,553 | $2,550 | $3,158 |
* 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.