101 S Gulfstream AVENUE, #4A, Sarasota, FL, 34236 | $625,000

This is your opportunity to experience the perks of nearby million-dollar condos at a fraction of the price! Beautifully updated throughout, the residence includes hurricane-impact windows and sliders, upgraded electrical and plumbing, a modern kitchen, an open floor plan, tile flooring throughout, and in-unit washer/dryer. Additionally, it's one of the few units that feature a highly desirable oversized private terrace/balcony (7. 5' x 32'). This outdoor space is perfect for creating a personal city oasis for gardening, dining, or entertaining. Enjoy the best of Sarasota living from this coveted Palm Ave/Gulfstream address, offering unbeatable convenience. You'll find Sarasota Bay, Bayfront Park, a marina, tiki bar, Marina Jack's restaurants, theaters, art galleries, dining spots, the farmers market, and Whole Foods all a short distance away. This city-view residence is ideally situated on the amenities level from where you can enjoy mesmerizing sunsets and stunning Sarasota Bay views. Owners enjoy direct access to the heated pool, club room, BBQ area, and fitness/yoga rooms. This meticulously maintained unit is part of The 101 Condominium (formerly known as Dolphin Towers), a building that has received extensive structural upgrades over the years. It is currently nearing the completion of a major exterior stucco replacement and painting project, which will make it one of Sarasota's best condominium buildings from its era. The building has successfully passed its Milestone inspections, and prices are expected to rise once construction is complete so don't miss out on this opportunity to enjoy life in the heart of Downtown Sarasota.

Features

  • Elevator: Y
  • Heating: Central, Electric
  • Cooling: Central Air
  • Levels: 16
  • Amenities: Elevator(s), Fitness Center, Lobby Key Required, Pool, Recreation Facilities, Security, Storage
  • Rooms: 5
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: Inside, Laundry Closet
  • Complex: THE 101 F/K/A DOLPHIN TOWER
  • Year Built: 1974
  • Approx Sq. Feet: 1,200
  • Est. Taxes: $2,280
  • Condo Fee: $1,097 Monthly
  • Lot Desc: FloodZone, City Lot, Near Marina, Near Public Transit, Sidewalk
  • View: City
  • Elem. School: Southside Elementary
  • Middle School: Booker Middle
  • High School: Sarasota High
  • Pet Policy: Yes
  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • MLS#: A4621110
  • Days on Market: 66 days
  • Website: https://www.raveis.com
    /prop/A4621110/101sgulfstreamavenue_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 11/2/2024 5:17:08 PM)
Listing courtesy of MICHAEL SAUNDERS & COMPANY   Phone: 941-388-4447

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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

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101 S Gulfstream AVENUE, #4A, Sarasota, FL, 34236

$625,000

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 Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $500,000 $500,000 $500,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.551% 7.159% 6.276%
Monthly Tax Payment $190 $190 $190
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,327 $3,323 $4,217
Total Monthly Payment $3,609 $3,605 $4,499

* 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.