111 S Pineapple AVENUE, #605, Sarasota, FL, 34236 | $1,540,000

This chic urban residence is a welcoming oasis in the heart of Downtown Sarasota, with premium features and upgrades. Available for the first time since its new construction purchase in 2019, this home is a meticulously maintained gem ideal for full-time or seasonal living. Just steps away from everything downtown – shops, restaurants, Marina Jack, the theatre district, Whole Foods – this home provides the ultimate lock and leave lifestyle.
Tall 10’ ceilings complement the open layout and floor-to-ceiling sliding doors and windows, creating a light-filled interior with showcase views extending east. Opening to the central living space that expands to the private terrace, the kitchen features an elegant contrast of dark quartz countertops and white lacquered cabinets with premium stainless appliances that include undermount microwave, range and hood, and a double-door refrigerator. The oversized island is perfect for prep and entertaining, with additional seating for guests and a position that overlooks both the living room and dining space. Distinguished by a sleek linear chandelier, the dining area easily accommodates a table for eight with additional space for a buffet or storage cabinet. Facing east beyond the kitchen, the bright living space features bespoke modern lighting and a wall of floor-to-ceiling sliding doors that open to the private terrace and additional lounge space. On the other side of the home, adjacent to the dining room, a separate den is valuable flex space for a dedicated office or media den.
The bedrooms, each with an en suite, are spacious and exceptionally light. The primary suite enjoys direct private access to the terrace and a bathroom with an extra long double vanity, two backlit vanity mirrors, and a dual-entry glass enclosed walk-in shower. An additional half bath upon entry to the home lends value and convenience for guests.
Beautifully designed and with original and recent upgrades that include water filtration, large format porcelain tile floors throughout, and motorized Hunter Douglas window coverings, this home offers ultimate comfort in the ultimate location. The Mark is one of Sarasota’s most enviable addresses, well known for its amenities including full-time concierge and security, infinity pool, spa, and resort-style pool deck with fire pits and lounge space, state-of-the-art fitness facility, and entertaining spaces that include a club room and news room.
Mark 605 enjoys the additional value of a same-floor secure storage area and covered parking. Furnishings available by separate offer.

Features

  • Elevator: Y
  • Heating: Electric
  • Cooling: Central Air
  • Levels: 12
  • Rooms: 6
  • Bedrooms: 2
  • Baths: 2 full / 1 half
  • Laundry: Laundry Room
  • Complex: MARK SARASOTA CONDO
  • Year Built: 2019
  • Approx Sq. Feet: 1,500
  • Est. Taxes: $10,016
  • Condo Fee: $3,670 Quarterly
  • Elem. School: Southside Elementary
  • Middle School: Booker Middle
  • High School: Sarasota High
  • Pet Policy: Number Limit
  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Range Hood, Refrigerator, Washer, Water Filtration System
  • MLS#: A4625363
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/A4625363/111spineappleavenue_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 10/19/2024 10:32:12 AM)
Listing courtesy of DOUGLAS ELLIMAN   Phone: 941-867-6199

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NMLS Mortgage Loan Originator ID 16953

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111 S Pineapple AVENUE, #605, Sarasota, FL, 34236

$1,540,000

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 $1,232,000 $1,232,000 $1,232,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.375% 6.375% 6.375%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.254% 6.510% 6.579%
Monthly Tax Payment $835 $835 $835
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $7,686 $7,686 $10,648
Total Monthly Payment $8,646 $8,646 $11,608

* 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.