435 S Gulfstream AVENUE, #1005, Sarasota, FL, 34236 | $849,000

One or more photo(s) has been virtually staged. In the heart of Sarasota, Regency House is fondly referred to by locals as Sarasota’s own Park Avenue. This desired address along the serene, tree-lined South Palm Avenue provides an idyllic lifestyle, where residents savor leisurely walks to the vibrant downtown area brimming with arts, culture and culinary delights. From the moment you step through the front door, a sense of paradise envelops you, with sweeping city views, an abundance of natural light, and an airy, open living space that invites relaxation and refined living. The condominium’s thoughtfully designed split floor plan offers two private bedroom suites, each with its luxurious bath, ensuring comfort and privacy for all. The expansive living area is ideal for entertaining, featuring a spacious dining area, cozy sitting nook, and an elegant, refined lounge space. With ample storage and generous closet space, every convenience has been considered. Wake up to a glimpse of Sarasota Bay from the primary bedroom, where partial water views provide a serene backdrop to your morning routine. Regency House is more than just a residence, it’s a lifestyle. Managed by a fiscally responsible board and supported by an on-site manager and 24-hour concierge, residents enjoy peace of mind knowing that the building is impeccably maintained. Amenities abound, from the heated pool where you can enjoy year-round relaxation to the stylish club room with a catering kitchen, ideal for hosting events. Stay fit in the well-equipped exercise room, lose yourself in the shared library, or take advantage of the convenience of assigned covered parking. Living at Regency House means indulging in the best of Sarasota. You’ll find a rich array of galleries, boutique shops, fine dining, and cultural venues just a short distance away. Explore Selby Gardens, visit the weekly farmer’s market, or catch a film at the iconic Burns Court Cinema. With Whole Foods nearby and numerous art festivals throughout the year, you’ll never run out of things to experience. For beach lovers, you’re just minutes from the iconic Ringling Bridge, leading to Lido Key’s sparkling shores and the vibrant St. Armands Circle for more shopping and waterfront dining. Plus, with SRQ airport conveniently close, travel is always a breeze. Regency House offers an exceptional blend of comfort, luxury, and access to the finest Sarasota offers, all in an unparalleled location.

Features

  • Elevator: Y
  • Heating: Central, Electric, Heat Pump
  • Cooling: Central Air
  • Levels: 11
  • Amenities: Cable TV, Clubhouse, Elevator(s), Fitness Center, Laundry, Pool
  • Rooms: 5
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: Common Area, Corridor Access
  • Complex: REGENCY HOUSE
  • Year Built: 1972
  • Common Charge: $3,880 Quarterly
  • Approx Sq. Feet: 1,537
  • Est. Taxes: $3,582
  • Lot Desc: FloodZone, City Lot, Near Marina, Sidewalk
  • View: City, Park/Greenbelt
  • Elem. School: Southside Elementary
  • Middle School: Booker Middle
  • High School: Sarasota High
  • Pet Policy: No
  • Appliances: Dishwasher, Range, Range Hood, Refrigerator
  • MLS#: A4626385
  • Days on Market: 14 days
  • Website: https://www.raveis.com
    /prop/A4626385/435sgulfstreamavenue_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 11/24/2024 8:05:16 PM)
Listing courtesy of PREMIER SOTHEBYS INTL REALTY   Phone: 941-364-4000

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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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435 S Gulfstream AVENUE, #1005, Sarasota, FL, 34236

$849,000

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 $679,200 $679,200 $679,200
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 $299 $299 $299
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,349 $4,349 $5,963
Total Monthly Payment $4,739 $4,739 $6,353

* 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.