111 S Pineapple AVENUE, #1205, Sarasota, FL, 34236 | $2,450,000

Now is the perfect time to own this stunning luxury PENTHOUSE condo in downtown Sarasota. With recent price reductions, this exclusive property is more accessible than ever. Top of the MARK SARASOTA on the 12th floor with views to the Bay and the Gulf of Mexico ensures an enviable location in town. 3/Bedroom plus a den and 3. 5 bath. Gated garage has TWO dedicated parking spaces, one with EV charging. Timeless in style, a fabulous kitchen with Nolte European cabinetry, Jenn-Air appliances, induction range, quartz countertops and a large center island. West-facing, the enormous balcony has an outdoor kitchen equipped with grill and beverage center. A very comfortable floor plan offers a primary suite with two large walk-in custom closets, spa-inspired bath with an oversized double vanity, quartz countertops, large walk-in shower and separate tub. The den off the foyer is the perfect home office. Two guest suites en suite with large closets. A large separate laundry room with utility sink and custom cabinetry add storage and function. Appreciate convenient storage locker down the hall, 24-hour concierge service and security. World-class building amenities include the 5th floor amenity deck featuring a sparkling 65-foot resort-style heated saltwater pool and spa, tranquil lounging areas, fire pit lounge, outdoor grills, high-tech fitness center, spin room and a club room with fireplace, bar, billiards, catering kitchen and newsroom. This luxurious penthouse residence puts you right in the heart of the action, with all the best that this vibrant city has to offer right at your doorstep. The bustling Main Street thoroughfare is lined with everything from high-end boutiques to cozy cafes, making it the perfect spot for a day of shopping and dining. Experience penthouse living at The Mark, where “downtown is downstairs” and your exceptional lifestyle on Florida’s Gulf Coast begins.

Features

  • Elevator: Y
  • Heating: Central
  • Cooling: Central Air
  • Levels: 12
  • Rooms: 8
  • Bedrooms: 3
  • Baths: 3 full / 1 half
  • Laundry: Inside, Laundry Room
  • Complex: MARK SARASOTA CONDO
  • Year Built: 2019
  • Approx Sq. Feet: 2,358
  • Est. Taxes: $19,717
  • Condo Fee: $5,781 Quarterly
  • View: City, Pool, Water
  • Elem. School: Southside Elementary
  • Middle School: Booker Middle
  • High School: Sarasota High
  • Pet Policy: Yes
  • Appliances: Built-In Oven, Cooktop, Dishwasher, Dryer, Microwave, Range Hood, Refrigerator, Washer
  • MLS#: A4592317
  • Days on Market: 237 days
  • Website: https://www.raveis.com
    /prop/A4592317/111spineappleavenue_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 10/6/2024 11:05:08 AM)
Listing courtesy of MICHAEL SAUNDERS & COMPANY   Phone: 941-951-6660

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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111 S Pineapple AVENUE, #1205, Sarasota, FL, 34236

$2,450,000

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 $1,960,000 $1,960,000 $1,960,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.375% 6.375% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.387% 6.498% 6.413%
Monthly Tax Payment $1,643 $1,643 $1,643
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $12,228 $12,228 $16,805
Total Monthly Payment $13,996 $13,996 $18,573

* 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.