555 Benjamin Franklin DRIVE, #3, Sarasota, FL, 34236 | $1,545,000

Under contract-accepting backup offers. Welcome to your coastal retreat!
Positioned in an intimate enclave of nine residences, directly across from and just a “stones throw’ from the beach. This 3 bedroom 2 ½ bath, tri-level townhome “Lives Large” and includes Gulf Views! With 1780 SF, this may be the perfect retreat for your full time sanctuary, vacation haven or investment opportunity.
Designed with entertaining in mind, the open, light filled spacious layout seamlessly connects the kitchen, dining and living areas. Through the “wall of glass” you find yourself on the expansive lanai – a place to relax, rejuvenate or simply unwind and savor the sunsets.
The beautifully appointed kitchen is sure to impress the most discerning chef. Featuring solid, open and glass display cabinetry, stainless appliances, granite counters, sliding stainless wire storage racks and plantation shutters. With generous breakfast bar, eat in kitchen, and half bath, this may become a gathering place.
Featuring a primary bedroom with updated ensuite bath, double closets and an expansive private lanai, you may find this the place to linger before you begin your day, or the perfect backdrop to finish your day complete with the sunset filled sky.
The second and third bedrooms and updated bath offer great space for family and friends, workout or office space. You will appreciate the convenience of the in residence separate laundry closet with washer and dryer.
Coveted 2 car oversized garage offers area for additional storage or hobby area, exterior patio allows for private “man cave”, grilling area, herb garden to accent culinary delights or a place to stop and smell the roses!
You will appreciate the updates, custom lighting, new impact windows, sliders and AC. Completed Milestone report will give peace of mind to know you are in a well maintained community.
Enjoy mornings walking the beach, days spent at the pool surrounded by lush landscaping, kayaking through the mangroves, or enjoy a short walk or ride to St Armands Circle to enjoy the energy, relish coffee, dining or shopping. Ready to explore? Enjoy the Free Bay Runner island trolley, Saturday farmers market, downtown art galleries, art shows and treasures or events at the Bay and Downtown.
Ready to live the good life? The location, lifestyle and beach are calling!

Features

  • Heating: Electric
  • Cooling: Central Air
  • Levels: 3
  • Amenities: Pool
  • Rooms: 9
  • Bedrooms: 3
  • Baths: 2 full / 1 half
  • Laundry: Inside, Upper Level
  • Complex: THE SAND DOLLAR
  • Year Built: 1984
  • Approx Sq. Feet: 1,780
  • Est. Taxes: $8,176
  • Condo Fee: $3,500 Quarterly
  • Lot Desc: Flood Insurance Required
  • View: Pool, Water
  • Pet Policy: Yes
  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • MLS#: A4614657
  • Days on Market: 147 days
  • Website: https://www.raveis.com
    /prop/A4614657/555benjaminfranklindrive_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 11/24/2024 1:52:40 AM)
Listing courtesy of COLDWELL BANKER REALTY   Phone: 941-388-3966

William Raveis Family of Services

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Customer Service

888.699.8876

Contact@raveis.com

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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

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Yokadi MejiaInsurance Sales Director, William Raveis Insurance

561.335.7966

Yokadi.Mejia@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

555 Benjamin Franklin DRIVE, #3, Sarasota, FL, 34236

$1,545,000

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 $1,236,000 $1,236,000 $1,236,000
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 $681 $681 $681
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $7,914 $7,914 $10,852
Total Monthly Payment $8,720 $8,720 $11,658

* 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.