290 Cocoanut AVENUE, #7 D, Sarasota, FL, 34236 | $3,785,000

Under Construction. The 9th level D floorplan with south to southeast views is where downtown Sarasota and the Bayfront unite. Featuring two bedrooms with three full bathrooms Plus den with 12' floor to ceiling glass to allow the Florida sunshine in! Enjoy morning coffee as the eastern sunrise comes shining through your living area. Equally gorgeous take in the orange hues and sunsets from your great room plus a 477 Sq Ft oversized balcony while enjoying your spectacular views of colorful downtown Sarasota. Residence includes 2 elevated parking spaces for auto security plus a building generator. A timeless, modern design with generous open light-filled spaces and grand outdoor living areas create an opulent yet casual lifestyle for twenty-seven astute owners. Here it all comes together. Every detail has been chosen with care. From your private in-suite elevator, towering floor-to-ceiling windows, and spa-like bath retreats, life at The Edge can best be defined as an incomparable encounter. The Edge takes outdoor living to new heights with dramatic glass railings to maximize Sarasota's iconic views, amid exceptional amenities embrace Sarasota lifestyle. Located close to everything that matters. Sarasota is a destination of choice. Condensed walkable community for those that love to simplify their lives and go the urban life.

Features

  • Elevator: Y
  • Heating: Central, Electric, Zoned
  • Cooling: Central Air, Zoned
  • Levels: 10
  • Amenities: Clubhouse, Elevator(s), Fitness Center, Gated, Lobby Key Required, Maintenance, Other, Pool, Recreation Facilities, Security, Spa/Hot Tub, Storage, Vehicle Restrictions, Wheelchair Access
  • Rooms: 10
  • Bedrooms: 2
  • Baths: 3 full
  • Laundry: Inside, Laundry Room
  • Complex: THE EDGE SARASOTA
  • Year Built: 2025
  • Approx Sq. Feet: 3,154
  • Acreage: 0.55
  • Est. Taxes: $0
  • Condo Fee: $3,239 Monthly
  • Lot Desc: Cleared, Corner Lot, City Lot, Near Golf Course, Near Marina, Near Public Transit, Oversized Lot, Sidewalk
  • View: City, Park/Greenbelt, Pool, Trees/Woods, Water
  • Elem. School: Alta Vista Elementary
  • Middle School: Booker Middle
  • High School: Booker High
  • Pet Policy: Number Limit
  • Appliances: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range Hood, Refrigerator, Washer
  • MLS#: A4608007
  • Days on Market: 177 days
  • Website: https://www.raveis.com
    /prop/A4608007/290cocoanutavenue_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 11:17:07 AM)
Listing courtesy of COLDWELL BANKER REALTY   Phone: 941-366-8070

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
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Yokadi MejiaInsurance Sales Director, William Raveis Insurance

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Yokadi.Mejia@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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290 Cocoanut AVENUE, #7 D, Sarasota, FL, 34236

$3,785,000

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 $3,028,000 $3,028,000 $3,028,000
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 $19,139 $19,389 $26,377
Total Monthly Payment $19,264 $19,514 $26,502

* 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.