One or more photo(s) has been virtually staged. Pre-Construction. To be built. This 20-story Ritz-Carlton Residences tower enjoys a prime waterfront location in the heart of Sarasota’s walkable downtown cultural district. Residence #1105 is at the north end of the tower and optimizes beautiful vistas of Quay Harbor, The Bay Park, Sarasota Bay and the Gulf of Mexico. Its impressive Residence E design features soaring walls of glass that create an expansive and luxurious great room experience. This spacious area is accentuated by a wraparound terrace with a summer kitchen. The primary bedroom offers a breathtaking bay view through dramatic, oversized windows, complemented by two generous walk-in closets. The spa-style bath boasts a deep soaking bathtub, a double shower and a double vanity. Additionally, two guest bedrooms each come with private en-suite baths and access to a separate east-facing wraparound terrace. In The Ritz-Carlton global tradition of peerless service, this private residence will enjoy a dedicated on-site team that takes pride in anticipating every need and fulfilling every wish. A 24-hour dedicated staff and concierge, food and beverage services available from private, on-site service kitchen, dedicated 24-hour valet, housekeeping services and an impressive array of private amenities overlooking the sparkling yacht harbor. In addition to the exceptional private amenities and services available exclusively to our tower residents, membership in The Harbor Club provides access to nearly 20, 000 square feet of amenities dedicated to socializing, health and wellness.
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Our Executive Mortgage Banker:
Our Insurance Division:
$5,214,000
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
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $4,171,200 | $4,171,200 | $4,171,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.750% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.343% | 6.876% | 6.725% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $26,709 | $27,054 | $36,336 |
Total Monthly Payment | $26,834 | $27,179 | $36,461 |
* 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.