Brand new construction (never occupied), luxurious condo in the heart of Rosemary District. 2 bedroom, 2 bathroom "loft style" unit is ready for immediate occupancy. Another mesmerizing contemporary design by award-winning architects Halflants + Pichette. This unit has very HIGH CEILINGS going all the way up to floor 2. The patio off of the kitchen and a secured and covered parking space comes with with this unit with direct power for ELECTRIC CAR charging. Gated community (no guard) and locked gated entrances from the sidewalk. Add in a dozen restaurants within a three-block radius, along with art galleries, the Sarasota Ballet, Saturday morning farmers market and Whole Foods and you now have the delights of living in the Rosemary District. Garden living with the excitement of all that downtown living is all about. Elevators and stairwells escort you to your front door. Enjoy gated covered parking with an assigned reserved parking space with wiring for an EV charger. Contemporary cabinetry, quartz countertops, superb appliance packages, solid core doors, porcelain tile floors inside and out and efficient, insulated impact glass make your home a very special place. Fine and casual dining, the theater, the opera, art galleries, world-class shopping and Sarasota Bayfront Park. Just over the John Ringling Bridge to Lido Beach and delightful shopping of St Armands Circle! Call for your private showing today.
Buyers and/or Buyers Agent to verify all pertinent information, including room sizes, as they may be approximate. All Association information should be verified with Property Management Company or Association. Information deemed reliable but not guaranteed.
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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
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $751,200 | $751,200 | $751,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.762% | 6.036% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,810 | $4,810 | $6,595 |
Total Monthly Payment | $4,902 | $4,902 | $6,687 |
* 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.