306 Golden Gate POINT, #7, Sarasota, FL, 34236 | $3,525,000

Indulge in the mesmerizing vistas of both sunrises illuminating the John Ringling Bridge and spectacular sunsets, from your exclusive Penthouse overlooking Sarasota Bay. This opulent residence encompasses the entire upper level of Alta Mer, providing unparalleled views of downtown Sarasota, the bay, and beyond! Step directly into your sanctuary as the elevator opens into this luxurious abode with three bedrooms en-suite, a gourmet kitchen, five private balconies, a two-car garage, a private boat slip and dock access, a fitness area, and a generous pool with spa beckoning discerning residents. This is living at its most exclusive, where every detail speaks of luxury and refinement. Alta Mer is a secluded and intimate boutique community comprising only six units, situated just beyond downtown Sarasota and nestled at the foot of the iconic John Ringling Bridge. This location epitomizes prestige, with sidewalks lined by mature foliage winding along quaint, brick-paved streets, creating an ambiance of sophisticated intimacy. Live walking distance to downtown and St. Armands Circle yet be set apart in an exclusively residential community. Oriented towards the west, residents are treated to daily spectacles of sunsets over the bay and the John Ringling Bridge, ensuring every moment at Alta Mer is a visual feast. This luxury penthouse condominium embodies the timeless real estate adage of "location, location, location. " Enjoy the tranquility of island life while mere moments away from the vibrant Arts and Theater district and the bustling heart of downtown Sarasota. Equally close is the allure of St Armands Circle and Lido Beach, offering endless possibilities for recreation and relaxation. Don't miss your chance to reside in this exceptional neighborhood, where every day promises breathtaking water views and enjoy a luxurious lifestyle!

Features

  • Elevator: Y
  • Heating: Central, Electric, Heat Pump
  • Cooling: Central Air
  • Levels: 7
  • Amenities: Elevator(s), Fitness Center, Maintenance, Pool, Recreation Facilities, Spa/Hot Tub
  • Rooms: 15
  • Bedrooms: 3
  • Baths: 3 full / 1 half
  • Laundry: Inside, Laundry Room
  • Complex: ALTA MER
  • Year Built: 1996
  • Approx Sq. Feet: 3,436
  • Est. Taxes: $19,682
  • Condo Fee: $11,400 Quarterly
  • Lot Desc: City Lot
  • View: Water
  • Elem. School: Southside Elementary
  • Middle School: Booker Middle
  • High School: Booker High
  • Pet Policy: Breed Restrictions, Cats OK, Dogs OK, Yes
  • Appliances: Built-In Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Kitchen Reverse Osmosis System, Microwave, Refrigerator, Washer, Water Filtration System, Wine Refrigerator
  • MLS#: A4615002
  • Days on Market: 135 days
  • Website: https://www.raveis.com
    /prop/A4615002/306goldengatepoint_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 11/14/2024 5:08:05 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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306 Golden Gate POINT, #7, Sarasota, FL, 34236

$3,525,000

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 $2,820,000 $2,820,000 $2,820,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.750% 6.750% 6.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.321% 6.826% 6.936%
Monthly Tax Payment $1,640 $1,640 $1,640
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $18,290 $18,290 $24,954
Total Monthly Payment $20,055 $20,055 $26,719

* 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.