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Live the Luxury Lifestyle Without the Million-Dollar Price Tag! Step into this beautifully updated downtown Sarasota residence, where comfort meets value. Enjoy all the perks of nearby high-end condos at a fraction of the cost! This stunning unit features hurricane-impact windows and sliders, upgraded electrical and plumbing, an updated kitchen, and an open-concept layout. The tile flooring throughout and in-unit washer/dryer add both style and convenience. What truly sets this home apart? A rare, oversized private terrace (7. 5’ x 32’)! Whether you're craving an urban garden retreat, an alfresco dining haven, or a stylish space for entertaining, this outdoor oasis delivers. Prime Downtown Sarasota Location: Nestled in the coveted Palm Ave/Gulfstream district, this home places you in the center of everything. Stroll to Sarasota Bay, Bayfront Park, a marina with a tiki bar, Marina Jack’s restaurants, theaters, art galleries, fine dining, the farmers market, and Whole Foods—all just steps away. Unparalleled Amenities & Views: Positioned on the exclusive amenities level, this city-view residence allows you to indulge in breathtaking Sarasota Bay sunsets from your doorstep. Enjoy direct access to the heated pool, club room, BBQ area, and state-of-the-art fitness/yoga rooms. A Secure Investment in a Premier Building: The 101 Condominium (formerly Dolphin Towers) has undergone extensive structural upgrades and major exterior renovation, ensuring it remains one of Sarasota’s finest residences from its era. Plus, the building has successfully passed its Milestone inspections, providing peace of mind for years to come. Don’t miss this exceptional opportunity to own a slice of Sarasota’s vibrant downtown lifestyle. Schedule your private showing today!
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$525,000
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
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $420,000 | $420,000 | $420,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.125% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.285% | 6.280% | 5.648% |
| Monthly Tax Payment | $190 | $190 | $190 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,385 | $2,552 | $3,404 |
| Total Monthly Payment | $2,667 | $2,834 | $3,686 |
* 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.