111 S Pineapple AVENUE, #614, Sarasota, FL, 34236 | $2,250,000

Under contract-accepting backup offers. 6th floor “true” 3 bedroom 3 ½ bath END unit with bay views at The Mark - Downtown Sarasota's Premier Urban Residence. Welcome to urban living at its finest in this rarely available south and west-facing end unit which offers tons of natural light into the residence. This exceptional residence in the highly sought-after “Edge E-4” floorplan in The Mark offers quiet and privacy with its location in the building along with quick access 1 floor down to all the amazing 5th floor amenities at The Mark! This residence features 3 bedrooms, 3½ bathrooms and a flex area which was designed by the owners as a gorgeous spacious custom bar that will surprise you when you walk in. Expansive windows in every main room flood the interior with natural light while offering breathtaking panoramic views of Sarasota's vibrant skyline and bay vistas. Since its opening at The Mark in 2019 only one other residence such as this has been on the market. Inside, you’ll discover an impeccably designed open floorplan featuring soaring 10-foot ceilings, tall sliding glass doors, large porcelain tile flooring throughout the residence and custom remote-controlled window treatments which enhance the ambiance of every room. At the heart of the home is a stunning designer-coordinated kitchen equipped with a large center island with quartz countertops, sleek 2-tone European cabinetry, Jenn-Air stainless steel appliances, an induction cooktop and a walk-in pantry. Enhancing the allure, the owners have added a beautiful custom bar area with quartz countertops, a wine refrigerator, beverage cooler, and extra cabinetry for enhanced storage. The expansive owner's suite offers a serene retreat with a spa-like bath featuring European cabinetry, an oversized semi-frameless shower, and custom closets, including a walk-in closet. Two generously sized guest bedrooms, each with en suite bathrooms and custom closets, provide comfort and privacy for family or guests. Walk out onto your large lanai at the end of the day, put your feet up, sip a cocktail or a cool beverage and enjoy peaceful views of the whole gorgeous pool area of The Mark. Add in the security and convenience of two premium side-by-side parking spaces located on the 4th floor. The Mark is renowned for its world-class amenities, including 24-hour concierge service, a fifth-floor amenity deck with a 65-foot resort-style heated saltwater pool and spa, fire pit lounge, outdoor grills, high-tech fitness center, spin room, and a club room with fireplace, bar, billiards, catering kitchen, and newsroom. Located in the heart of downtown Sarasota, The Mark’s location places you mere moments away from the city’s finest dining, entertainment, and cultural venues. Bring your pets, 2 pets are allowed! Experience a lifestyle of unparalleled luxury and convenience, where every day feels like a vacation on Florida’s Gulf Coast.

Features

  • Elevator: Y
  • Heating: Central, Electric
  • Cooling: Central Air
  • Levels: 12
  • Amenities: Cable TV, Elevator(s), Fitness Center, Maintenance, Pool, Security, Spa/Hot Tub, Storage
  • Rooms: 7
  • Bedrooms: 3
  • Baths: 3 full / 1 half
  • Laundry: Inside, Laundry Room
  • Complex: MARK SARASOTA CONDO
  • Year Built: 2019
  • Approx Sq. Feet: 2,065
  • Est. Taxes: $9,245
  • Condo Fee: $4,975 Quarterly
  • View: City, Pool
  • Elem. School: Southside Elementary
  • Middle School: Booker Middle
  • High School: Sarasota High
  • Pet Policy: Yes
  • Appliances: Bar Fridge, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer, Wine Refrigerator
  • MLS#: A4617240
  • Days on Market: 118 days
  • Website: https://www.raveis.com
    /prop/A4617240/111spineappleavenue_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 11/23/2024 11:32:07 PM)
Listing courtesy of MICHAEL SAUNDERS & COMPANY   Phone: 941-388-4447

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NMLS Mortgage Loan Originator ID 16953

917.838.7300

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111 S Pineapple AVENUE, #614, Sarasota, FL, 34236

$2,250,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@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 $1,800,000 $1,800,000 $1,800,000
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 $770 $770 $770
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $11,526 $11,526 $15,804
Total Monthly Payment $12,421 $12,421 $16,699

* 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.