Divine water views and sunsets in downtown Sarasota! This gorgeous 2 bed, 2 bath Embassy House condo is on the quiet end of Palm Avenue and offers the perfect blend of modern living and serene Selby-like surroundings. Relax the day away with breathtaking Sarasota Bay views from your spacious living area, complemented by floor-to-ceiling windows that flood the space with natural light. The renovated kitchen is inspired from watery hues and boasts custom granite countertops, convection oven & microwave, induction cooktop, French door fridge and a coastal tile backsplash. The condo features stranded bamboo wood floors throughout, custom living room cabinets, bar and wine fridge - perfect for entertaining. The ample dining room and welcoming sitting room provide additional space for conversation and gatherings. The owner's suite offers custom closets, motorized blackout shades, walk-in shower and a vessel sink. The secondary bedroom provides flexible space - perfect for guests or a den - complete with a custom Murphy bed and access to the rear patio. The building's amenities include a sparkling salt water pool, fitness center, catering kitchen, and secure parking. Maintenance in this building is a breeze, as condo fees cover HVAC and washer/dryer replacement and maintenance, as well as on site manager, security, cable, internet and water/sewer/trash. New roof (2/24) and new HWH (2021). Experience the best of Sarasota's vibrant downtown lifestyle - outdoor cafes, theatres and shopping - while enjoying the tranquility of your own private retreat. Don’t miss out on this exceptional opportunity to own a piece of paradise. Schedule a viewing today and make this stunning condo your new home!
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Our Executive Mortgage Banker:
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$999,990
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 | $799,992 | $799,992 | $799,992 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.500% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.606% | 6.622% | 6.680% |
Monthly Tax Payment | $487 | $487 | $487 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $5,189 | $5,056 | $6,969 |
Total Monthly Payment | $5,768 | $5,635 | $7,548 |
* 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.