MOTIVATED SELLER!! 10k seller credit at closing to go towards closing costs or condo fee! Discover an unparalleled lifestyle of sophistication and convenience in this exquisite condominium, ideally situated just steps away from downtown. This remarkable two-bedroom residence masterfully blends elegance with functionality, featuring ensuite bathrooms for both bedrooms and a conveniently located half bath on the lower level. The primary bedroom boasts a private balcony that offers stunning views of Rosemary and downtown.
The open floor plan enhances the sense of spaciousness, complemented by high-end finishes including designer Italian cabinetry, stainless steel appliances, granite countertops, and a wine bar with refrigerator. Indulge in relaxation with whirlpool bathtubs, oak flooring with sound control barriers, travertine floors in all bathrooms, and soaring ceilings throughout. Recent upgrades include California Closets in both bedrooms, brand-new AC units, a new hot water heater, and remote-controlled blinds.
Nestled within an exclusive boutique condominium building comprising only six residential units, the property features four commercial units on the first floor, two gated entryways, assigned parking in a carport, an elevator, additional storage spaces, and two staircases for added convenience.
Immerse yourself in the vibrant Rosemary Arts District, a locale experiencing a remarkable renaissance with an influx of restaurants and retail establishments. Notable new additions include Wolfies, Arts & Central, Great Heights Creamery, Arts Cafe, and a variety of other dining options set to enhance the area very soon, all complemented by the introduction of the brand-new Rosemary Park. Enjoy proximity to The Bay Sarasota Park, the Van Wezel Performing Arts Hall, and the upcoming Bay Project, all just a short walk away. You’ll also find yourself only three blocks from Whole Foods and four blocks from Main Street, where a plethora of dining and retail options await.
Experience the local culture with the Saturday farmers market, art galleries, opera, and live music throughout downtown and the Rosemary District. Take a leisurely stroll to the Bayfront Park and Marina, and enjoy quick access to Lido Key Beach, just ten minutes across the bridge.
Seize this opportunity to be part of a thriving community where modern living meets urban allure. Welcome home to the Rosemary District!
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Our Executive Mortgage Banker:
Our Insurance Division:
$775,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $620,000 | $620,000 | $620,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.412% |
Monthly Tax Payment | $655 | $655 | $655 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,229 | $4,121 | $5,274 |
Total Monthly Payment | $4,976 | $4,868 | $6,021 |
* 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.