540 N Tamiami TRAIL, #1401, Sarasota, FL, 34236 | $4,750,000

Under contract-accepting backup offers. This towering condominium in the sky, with a deeded air-conditioned garage and additional spaces for four cars, is located in the most desirable end stack in the building. It boasts some of the most breathtaking, unobstructed views of the bayfront, the Gulf of Mexico, and sparkling downtown Sarasota city lights. The unit flows through the entire depth of the building, from front to back, and is enhanced by an ultra-expansive, wrap-around outdoor terrace that’s over 200 feet long, complete with multiple dining, seating, and lounging areas. This iconic building, BLVD, is located directly across the street from the new 53-acre Bay Park project. The area is considered the new heart of downtown, with the park’s waterfront walkability, performing arts center, band shelter, food concessions, garden club, auditorium, kayaking lagoon, butterfly garden, sunset deck, sand beach, fitness activities, and public boat ramp. Inside the finely appointed condominium, which boasts 3, 630 square feet of living space and 5, 330 square feet overall, it features three spacious bedrooms with ensuite baths and terrace access, plus four and a half baths. A private access elevator opens directly into the foyer, which features oversized walls for art. From here you’ll find a large great room with 11-foot ceilings, an open dining area, floor-to-ceiling impact-rated windows and doors, and bayfront views that are never-ending. The stylish kitchen is perfect for preparing meals and entertaining guests. This central area includes a large marble-tiled island, quartz countertops, appliances that feature Sub-Zero refrigeration, a Wolf oven and five-burner natural gas cooktop, Asko dishwasher, and an Axor kitchen faucet. There’s also premium, custom cabinetry designed in Italy by Irpinia, under cabinet lighting, plus two walk-in pantry closets, each outfitted with oak shelving. Throughout the residence, there are 12 by 60-inch wood-grain porcelain tile and eight-foot solid core doors. The baths feature custom cabinetry, quartz and marble countertops, Kohler plumbing fixtures, frameless glass shower enclosures with multiple spray heads, and full-wall vanity mirrors. Each primary bedroom suite features two walk-in wardrobe closets, with built-ins. A powder room and a separate laundry room are conveniently located off the main hall. In every room of the unit, there are Lutron-controlled motorized window shades and added block-out drapery. This inspiring condominium comes with its own air-conditioned two-car garage with an oversized wall-to-wall window, plus two premium secure, side-by-side parking spaces that are located in the best building location. The unit also has a large, humidity-controlled private storage locker. BLVD hosts only 49 residences and its unique amenities set it apart from other luxury condominiums. Building amenities include an infinity-edge rooftop pool, an outdoor rooftop kitchen with dining areas, chaise loungers, and seating groups for sunset views. The building also affords a reception lobby, secure building access, an owner’s wine room with personal lockers, a fifth-floor outdoor pet lawn, a grooming station, golf simulator room, lounge with bar, boardroom, and a state-of-the-art fitness center. BLVD is intimate, spirited, and rich with fine appointments, features, and amenities. Visit this unit today and see the fine art of downtown living.

Features

  • Elevator: Y
  • Heating: Central, Electric, Zoned
  • Cooling: Central Air, Zoned
  • Levels: 18
  • Amenities: Cable TV, Clubhouse, Elevator(s), Fitness Center, Lobby Key Required, Maintenance, Pool, Security, Spa/Hot Tub, Storage, Vehicle Restrictions, Wheelchair Access
  • Rooms: 12
  • Bedrooms: 3
  • Baths: 4 full / 1 half
  • Laundry: Inside, Laundry Room
  • Complex: BLVD SARASOTA
  • Year Built: 2020
  • Approx Sq. Feet: 3,630
  • Est. Taxes: $50,021
  • Condo Fee: $9,525 Quarterly
  • Lot Desc: Corner Lot, FloodZone, City Lot, Near Marina, Near Public Transit, Sidewalk
  • View: City, Water
  • Elem. School: Alta Vista Elementary
  • Middle School: Booker Middle
  • High School: Booker High
  • Pet Policy: Yes
  • Appliances: Built-In Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Freezer, Ice Maker, Microwave, Range, Range Hood, Refrigerator, Washer, Wine Refrigerator
  • MLS#: A4607593
  • Days on Market: 156 days
  • Website: https://www.raveis.com
    /prop/A4607593/540ntamiamitrail_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 11/5/2024 10:17:23 AM)
Listing courtesy of PREMIER SOTHEBYS INTL REALTY   Phone: 941-364-4000

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NMLS Mortgage Loan Originator ID 16953

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540 N Tamiami TRAIL, #1401, Sarasota, FL, 34236

$4,750,000

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 $3,800,000 $3,800,000 $3,800,000
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 $4,168 $4,168 $4,168
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $24,019 $24,332 $33,102
Total Monthly Payment $28,312 $28,625 $37,395

* 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.