Chic, cool and contemporary describes this ninth-floor penthouse condominium in the historic district of Sarasota on Main Street. The Cityscape at Courthouse Centre complex with only 19 units was built in 2005 and offers the best value in downtown Sarasota among newer buildings. The bright and cheery two-story loft boasts an abundance of 20-foot, floor-to-ceiling windows which offer great views and ample light throughout the unit along with a spacious balcony to enjoy unobstructed eastern views. With a distinct architectural and industrial feel, this two-bedroom, two-bath unit has a great open layout and has been meticulously crafted. In 2016, the kitchen was remodeled, kitchen appliances were added, and the HVAC and water heater were replaced. Some luxurious touches throughout the unit included custom cabinetry in the primary closet, a hip wet bar under the modern staircase, private laundry room and a large private loft-style main retreat on the second floor. Visionary and creative, the muted wall colors, exposed air conditioning ducts, bold lines and travertine tile with inlaid wood flooring capture this unique space perfectly. The building comes with Monday through Friday concierge, has a secure floor for residents, and a private meeting space available to residents who need a living and working environment. There is secure elevator access, and a spacious air-conditioned storage space on the fourth floor. Guest parking is plentiful in the parking garage as well. Restaurants, theaters, shopping and nightlife are all just a short distance away. The Cityscape at Courthouse Center offers the unparalleled lifestyle and convenience of an urban oasis in the heart of Sarasota. And it falls within an Opportunity Zone, offering potential tax advantages for investors.
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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 | $659,200 | $659,200 | $659,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.250% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.321% | 6.360% | 6.956% |
Monthly Tax Payment | $668 | $668 | $668 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,276 | $4,059 | $5,833 |
Total Monthly Payment | $5,036 | $4,819 | $6,593 |
* 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.