1 Benjamin Franklin DRIVE, #121, Sarasota, FL, 34236 | $1,650,000

Nestled on the 12th floor of St. Armands Tower North, this condo is the epitome of beachfront living. Conveniently located just a block from St. Armands Circle, it boasts breathtaking views of Lido Key beach and the Gulf of Mexico. Imagine sipping a cocktail while enjoying daily sunsets over the beach located just a few steps away. This bright and modern condo lives large and is filled with natural light, featuring two bedrooms, two bathrooms, and spectacular Gulf and city views from every room. An expansive balcony runs the length of the unit and is accessible from the living room and both bedrooms. The spacious living area includes custom-built cabinetry, display shelving, accent lighting, a coffered ceiling, crown molding, and a roomy dining area. There’s even a cozy nook perfect for an office, reading room, bar or extra storage. Hardwood flooring throughout adds a touch of elegance, while vertical window sheer shades soften the natural light. For added weather protection and safety, the window and sliding doors have been upgraded and are impact-rated. The kitchen is a chef’s dream, with a breakfast bar, granite countertop and backsplash, under-cabinet task lighting, a wine cooler with a glass door, and an octagon tray ceiling with cove lighting. The primary suite is a true retreat, with floor-to-ceiling windows providing forever views north up the beach and out over the gulf. Additionally, it features custom-built cabinets with crown molding, a large walk-in closet, and an en-suite bathroom with a generously sized walk-in shower and multiple shower heads. St. Armands Towers North is an extremely well-maintained and secure building with a resort-style heated pool with Gulf views, a fitness center, sauna, social room and full-time office manager. Included is a conveniently located 1-car covered parking space right next to the front door, and a private storage room. This location is simply unbeatable, with over 140 upscale boutiques, restaurants, art galleries, and more just steps away.

Features

  • Elevator: Y
  • Heating: Central
  • Cooling: Central Air
  • Levels: 13
  • Amenities: Clubhouse, Elevator(s), Fitness Center, Pool
  • Rooms: 8
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: Common Area, Same Floor As Condo Unit
  • Complex: ST ARMAND TOWERS NORTH
  • Year Built: 1968
  • Approx Sq. Feet: 1,389
  • Est. Taxes: $13,143
  • Condo Fee: $4,000 Quarterly
  • View: Water
  • Pet Policy: No
  • Appliances: Convection Oven, Dishwasher, Microwave, Range, Refrigerator, Wine Refrigerator
  • MLS#: A4629193
  • Days on Market: 0 day
  • Website: https://www.raveis.com
    /prop/A4629193/1benjaminfranklindrive_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 11/22/2024 11:17:08 PM)
Listing courtesy of PREMIER SOTHEBYS INTL REALTY   Phone: 941-364-4000

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1 Benjamin Franklin DRIVE, #121, Sarasota, FL, 34236

$1,650,000

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 $1,320,000 $1,320,000 $1,320,000
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 $1,095 $1,095 $1,095
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $8,452 $8,452 $11,590
Total Monthly Payment $9,672 $9,672 $12,810

* 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.