Pre-Construction. To be built. SOTA RESIDENCES & HOTEL offers an intimate collection of 35 elegant residences with the curated services and amenities of an upscale boutique hotel. Enter this thoughtfully designed 2 bedroom + den/3 bath home that features 10’ ceilings and floor-to-ceiling walls of glass that allow natural light to flood every room. The great room offers space for a generous dining table within the flowthrough floorplan, perfect for entertaining. Step out on the private terrace with contemporary glass railings and take in expansive views of Sarasota. Create a culinary masterpiece in the chef’s kitchen that features Gaggenau appliances, showcased in an integrated design that highlights the European-style cabinetry, quartz countertops and designer fixtures. The primary suite has generous storage consisting of 2 walk-in closets and an additional third closet as well. Enjoy a spa-like bathroom featuring an oversized frameless glass-enclosed shower, floating vanities with custom cabinetry, and private water closet. Residents will select from designer cabinetry, tile and quartz countertop finishes to create a one-of-a-kind home that expresses their personal style. Allow the HOTEL SOTA services & amenities to delight the senses. Be pampered with in-home dining and 24-hour valet service. Lounge by the heated saltwater pool while enjoying towel and beverage service and meet with friends at either of the two hotel restaurants that provides elevated cuisine and bar service. Delight in breathtaking views including sunsets over the bay and vibrant city lights from the Private Residents’ Club House on the 16th floor which includes an entertaining kitchen and BBQ area. Additional amenities include a fitness center, private massage room and a business meeting center. Residents can enjoy truly personalized service by coordinating with the SOTA Lifestyle Curator that can assist with everything from dinner reservations to tailored wellness activities to travel itineraries. Best of all, buyers have access to this concierge service from the moment they sign a contract and throughout construction. SOTA Residences & Hotel is an iconic community presented by Trepp Developments and designed by Hoyt Architects with interiors and amenities by New York City-based architect and designer, Andre Kikoski. NOTE: Additional valet parking is available. Visit our Sales Gallery or go to our website to learn more. Pictures provided are renderings and may not be of this home; they are meant to represent the interior finishes for this community.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,975,000
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 | $1,580,000 | $1,580,000 | $1,580,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.625% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.304% | 6.762% | 6.725% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $9,987 | $10,117 | $13,764 |
Total Monthly Payment | $10,112 | $10,242 | $13,889 |
* 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.