Top Floor Penthouse Unit, 17 stories up, overlooking Sarasota Downtown and the well-established Rosemary District. This unit is completely
renovated with high end kitchen cabinets and appliances, gorgeous herringbone patterned flooring, and a modern bathroom with tons of storage, also boasting a luxury walk-in shower with large rain shower showerhead and glass enclosure. The 40-foot balcony, with access from three different sliding doors, offers romantic nights or a dramatic party setting with forever views. This two-bedroom, one bath unit offers luxury either as a vacation home or full-time residence. The Primary Bedroom has a walk-in closet. The large open floor plan combines kitchen, dining, and living spaces for today’s way of living. There is a washer/dryer and pantry cabinet with slide out shelving, neatly tucked away so as not to interfere with the flow. This highly-amenitized building includes 24/7 manned reception/security desk, on-site building manager, state of the art fitness center, dramatic club room, full catering kitchen, multimedia room, sitting room, massage room, aerobics/yoga room, conference room, business center, and two guest suites. The outdoor grounds showcase a 70-foot luxury pool, jetted spa, barbeque grill and tables, and a meditation garden with reflection pond. The garage parking is electronically secured and there is generous visitor parking for guests to park. Restaurants and grocery shopping are a close distance away, and the new Bayfront Park is a quick five-minute walk away. Hop in your car and take a short drive, which will get you to Lido Beach, St Armand’s Circle, or Longboat Key. This is Sarasota’s Downtown living at its finest.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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Our Executive Mortgage Banker:
Our Insurance Division:
$799,000
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 | $639,200 | $639,200 | $639,200 |
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 | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | $295 | $295 | $295 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,253 | $4,248 | $5,390 |
Total Monthly Payment | $4,640 | $4,635 | $5,777 |
* 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.