540 N Tamiami TRAIL, #1503, Sarasota, FL, 34236 | $4,480,000

Under contract-accepting backup offers. One or more photo(s) has been virtually staged. Set on the 15th floor, this sanctuary boasts unrivaled views, showcasing the expansive beauty of Sarasota Bay and an enchanting cityscape of sparkling lights. Indulge in a luxurious residence that truly harmonizes the spaciousness and feel of a single-family home with carefree condo living and resort-like amenities. As you step through the private elevator entrance, a foyer adorned with luxurious finishes sets the tone for the entire space with spectacular artist hand-painted walls, custom lighting and wood-look plank tile flooring that extends throughout the living areas. The great room, boasting lofty ceilings with custom coffered detailing, features a captivating stone accent wall housing media and a built-in fireplace. Floor-to-ceiling windows flood the space with natural light and open to a balcony offering boundless views of the barrier islands and downtown. In the kitchen, hand-painted walls shimmer and the designer tile backsplash complements the custom cabinetry. A central island, complete with a quartz countertop, beverage drawers, seating, and ample storage, anchors the space. A Sub-Zero and Thermador appliance package completes this culinary haven, including a gas cooktop, refrigerator, dishwasher, and wall double oven. Adjacent to the kitchen is a built-in bar area, featuring glass shelving, beverage cooler, drawers, and matching cabinet space, adding a sophisticated touch to entertaining. The primary bedroom is a sanctuary unto itself, boasting a private balcony and floor-to-ceiling windows that frame the outside world, together with two beautifully customized walk-in closets. The primary bathroom exudes comfort and functionality with an elongated vanity adorned with white cabinets and quartz countertops, a soaking tub, a walk-in glass shower, and expansive windows offering a surplus of natural light. Seamlessly merging indoor and outdoor spaces, three private terraces offer an oasis for contemplation and enjoyment, providing sweeping vistas that extend to Siesta Key, Lido Key, and Longboat Key. Other amenities of this residence include two guest suites, a beautiful workspace, a large laundry room with an abundance of cabinets and quartz countertops, significant storage, two garage spaces, and more. Impeccable services, such as full-time concierge, a rooftop deck with a zero-horizon pool, state-of-the-art fitness facilities, club room, wine room, dog grooming salon and park, and an indoor golf simulator boasting ninety courses elevate the experience. Crafted by the esteemed Kurt Lucas, renowned for iconic projects like the Ritz-Carlton Sarasota and Concession Golf Club and Residences, BLVD Sarasota stands as a pinnacle of enjoyment nestled between the Bay and the vibrant heart of downtown Sarasota. Discover a realm of refined living, where luxury meets sophistication in an unparalleled setting. Priority golf membership to Lakewood Ranch Country Club available. Bedroom Closet Type: Walk-in Closet (Primary Bedroom).

Features

  • Elevator: Y
  • Heating: Central, Electric, Zoned
  • Cooling: Central Air, Zoned
  • Levels: 18
  • Amenities: Elevator(s), Fitness Center, Maintenance, Pool, Security, Spa/Hot Tub, Storage, Vehicle Restrictions
  • Rooms: 11
  • Bedrooms: 3
  • Baths: 3 full / 1 half
  • Laundry: Laundry Room
  • Complex: BLVD SARASOTA
  • Year Built: 2020
  • Approx Sq. Feet: 3,700
  • Acreage: 0.84
  • Est. Taxes: $38,831
  • Condo Fee: $9,138 Quarterly
  • Lot Desc: FloodZone, City Lot, Near Marina, Near Public Transit, Sidewalk
  • View: City, Park/Greenbelt, Water
  • Elem. School: Alta Vista Elementary
  • Middle School: Booker Middle
  • High School: Booker High
  • Pet Policy: Yes
  • Appliances: Bar Fridge, Built-In Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Freezer, Gas Water Heater, Ice Maker, Microwave, Range, Range Hood, Refrigerator, Washer, Water Purifier, Wine Refrigerator
  • MLS#: A4592464
  • Days on Market: 222 days
  • Website: https://www.raveis.com
    /prop/A4592464/540ntamiamitrail_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 10:34:09 AM)
Listing courtesy of PREMIER SOTHEBYS INTL REALTY   Phone: 941-364-4000

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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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540 N Tamiami TRAIL, #1503, Sarasota, FL, 34236

$4,480,000

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 $3,584,000 $3,584,000 $3,584,000
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 $3,236 $3,236 $3,236
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $22,653 $22,949 $31,220
Total Monthly Payment $26,014 $26,310 $34,581

* 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.