BOOKED FOR NOV 2024 - MAY 3 2025. DOWNTOWN CONDO IN BROADWAY PROMENADE! This “Turnkey Furnished” 2 bedrooms/2 baths, located on the top floor of the highly sought after Broadway Promenade. As you enter the unit, you are greeted by a bright and open living and dining room, beautifully furnished with leather furniture, a wooden TV Stand/Console with Electric Fireplace and Crystal Insert | Multi-Color LED Flame | Remote Control | Adjustable Heat Settings and crown molding throughout. The fully equipped kitchen with ceramic tile flooring has a breakfast bar with bar stools, stainless steel appliances and granite counters, master suite with queen size bed, en-suite bathroom, walk in shower and separate oversized garden tub, granite countertops, solid wood cabinetry, and linen closet and sliding glass doors leading out to the private covered balcony with high top table and two chairs where you can sit and enjoy the views of Sarasota Bay and Pioneer Park, or take in the breathtaking sunsets every evening. The guest bedroom is on the other end of the unit with a queen bed, separate guest bathroom with tub/shower, and laundry closet with full-size washer and dryer. Broadway Promenade offers many amenities, including 24-hour concierge and reception services, a spacious lobby, elevator, two social rooms, fitness center with locker rooms and a dry sauna, heated outdoor pool and spa, grilling area, billiards and card room, a library/study room. Conveniently located a few blocks away from Downtown Sarasota, shopping, dining, entertainment, Van Wetzel, St Armand’s Circle, and Lido Beach. Take a scenic walk over the Ringling Bridge to Bird Key/St. Armand’s Circle. No pets allowed HOA/Owner rules.
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Our Executive Mortgage Banker:
Our Insurance Division:
$3,800
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $3,040 | $3,040 | $3,040 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $20 | $20 | $26 |
Total Monthly Payment | $95 | $95 | $101 |
* 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.