Pre-Construction. To be built. SOTA RESIDENCES & HOTEL offers an intimate collection of 35 elegant residences with the curated services and amenities of an upscale boutique hotel. This thoughtfully designed 3 bedroom/3. 5 bath home features 10’ ceilings, floor-to-ceiling walls of glass allowing natural light to flood every room. The great room offers space for a generous dining table within the flowthrough floorplan, perfect for entertaining. Step out on the private terrace with contemporary glass railings and take in expansive SW views of Sarasota Bay, downtown and beyond! Create a culinary masterpiece in the chef’s kitchen that features Gaggenau appliances, showcased in an integrated design that highlights the European-style cabinetry, quartz countertops and designer fixtures. Wake up to water views from the primary suite that includes a stylish foyer for displaying artwork, a substantial walk-in closet and a spa-like bathroom featuring an oversized frameless glass-enclosed shower complete with bench, floating vanities with custom cabinetry, and private water closet. Residents will select designer finishes from a palate of soft neutral tones to make their home their own. Allow the hotel services & amenities to delight the senses. Be pampered with in-home dining and 24-hour valet service, lounge by the heated saltwater pool enjoying towel and beverage service and meet with friends at either of the two hotel restaurants offering elevated cuisine and bar service. Delight in breathtaking views including sunsets over the bay and vibrant city lights from the Private Residents’ Social Lounge & Terrace on the 16th floor which includes an entertaining kitchen and BBQ area. Other amenities include a fitness center, private massage room and board room. Residents of SOTA enjoy truly serviced living with access to a virtual concierge and lifestyle curator to assist with everything from dinner reservations to personalized wellness activities and travel itineraries. Best of all, buyers have access to this service from the moment they sign a contract and throughout construction.
SOTA Residences & Hotel is an iconic community presented by Trepp Developments and designed by Hoyt Architects with interiors and amenities by New York City-based architect and designer, Andre Kikoski. NOTE: Additional valet parking is available. Visit our Sales Gallery or go to our website to learn more. Pictures provided are renderings and may not be of this home; they are meant to represent the interior finishes for this community.
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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 | $2,700,000 | $2,700,000 | $2,700,000 |
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 | $0 | $0 | $0 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $17,288 | $17,288 | $23,706 |
Total Monthly Payment | $17,413 | $17,413 | $23,831 |
* 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.