Located on the shores of the nation’s premier beach, this extraordinary contemporary residence stands as a beacon of modern elegance and architectural brilliance. Conceived by the acclaimed architect Yehuda Inbar in 1996, this Sarasota gem has an impeccable design and luxurious amenities.
The property is a testament to sophistication, with three expansive levels, each adorned with balconies that provide unparalleled views of the pristine Siesta Key Beach and the surrounding coastal beauty. The crowning jewel of this estate is the private rooftop pool, offering a serene oasis where you can soak in breathtaking 360-degree vistas of Sarasota’s skyline and the shimmering Gulf of Mexico.
The owners’ suite, an epitome of opulence, spans the entire third floor, offering a sanctuary of privacy and luxury. It features dual walk-in closets, seating area/ office space, separate bathrooms, a steam room, and a bidet, ensuring every comfort is met with the highest standards of design and convenience. While the property is officially recorded as a three-bedroom home, and is now a two bedroom, its flexible layout allows for a seamless conversion, providing endless possibilities to suit your lifestyle needs.
Every detail in this home has been thoughtfully curated, from the glass elevator to the graceful curved staircase that elegantly connects all three floors. The dining area, framed by two-story floor-to-ceiling windows, is bathed in natural light, with views of lush palm trees enhancing the serene ambiance. The staircase, encased in glass, serves as both a functional and artistic centerpiece, inviting natural light to cascade throughout the interior, creating a warm and inviting atmosphere.
This luxurious home is not just a home but a work of art, where every element has been meticulously crafted to deliver an unrivaled living experience on the most coveted stretch of Florida’s coastline.
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Our Executive Mortgage Banker:
Our Insurance Division:
$8,950,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $7,160,000 | $7,160,000 | $7,160,000 |
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 | $5,847 | $5,847 | $5,847 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $45,846 | $45,846 | $62,864 |
Total Monthly Payment | $51,818 | $51,818 | $68,836 |
* 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.