50 Central AVENUE, #14G, Sarasota, FL, 34236 | $1,699,000

A fortress that stands unshaken. Where strength meets comfort, ride the storm out in style. Stunning downtown Sarasota condominium with bay views. Welcome to your new sanctuary on the 14th floor of The Plaza at Five Points, where every window frames a postcard-worthy scene. This condominium isn’t just a place to live, it’s a window to the best views in Sarasota, with the sparkling waters towards Siesta Key, the dynamic streetscape of Main Street leading to Marina Jacks, tranquil Bird Key and the expansive Gulf of Mexico stretching past Longboat Key. This 1, 903-square-foot space boasts two bedrooms and 2 baths. The half bath has been cleverly converted into a huge pantry, ideal for those who love to cook and entertain, but can easily be switched back if needed. The whole home has been beautifully updated, featuring striking travertine stonework and a kitchen outfitted with top-of-the-line Viking appliances and walk-in pantry. Enjoy the beautiful electric fireplace surrounded by travertine tile and a set-in TV space. The private water closets include bidet toilets. For those Florida temperatures, you will enjoy dual air conditioners as well as a water softener. Your days can start with sunrise and end with sunset on the spacious terrace, offering diverse and beautiful views that make every moment at home special. The building itself provides luxury amenities that include a modern gym, a social room for gathering with friends and a pool complete with a screened gazebo ideal for unwinding. You’ll also find a spa and grills. A charming guest suite is available for when company arrives. Also, for peace of mind, this is a structurally sound building. You’ll get two side-by-side garage spots, making coming and going as easy as can be along with temperature-controlled storage. In the heart of downtown, you’re a short walk from essentials and luxuries such as Whole Foods, the library, Starbucks, theaters, and a variety of dining and entertainment options. The cultural scene is vibrant, with shopping and the airport also conveniently close. This condominium offers a lifestyle marked by convenience, luxury and beauty. It’s more than a home, it’s a vibrant urban retreat. The views are so much better in person. Schedule an appointment today.

Features

  • Elevator: Y
  • Heating: Central
  • Cooling: Central Air
  • Levels: 17
  • Amenities: Cable TV, Clubhouse, Elevator(s), Fitness Center, Lobby Key Required, Maintenance, Pool, Sauna, Spa/Hot Tub, Storage
  • Rooms: 5
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: Inside, Laundry Room
  • Complex: PLAZA AT 05 POINTS RESIDENCES
  • Year Built: 2005
  • Common Charge: $21,276 Annually
  • Approx Sq. Feet: 1,989
  • Est. Taxes: $10,020
  • View: Water
  • Pet Policy: Yes
  • Appliances: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Microwave, Range Hood, Refrigerator, Washer
  • MLS#: A4611548
  • Days on Market: 184 days
  • Website: https://www.raveis.com
    /prop/A4611548/50centralavenue_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 1:32:52 AM)
Listing courtesy of PREMIER SOTHEBYS INTL REALTY   Phone: 941-907-9541

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888.699.8876

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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
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

50 Central AVENUE, #14G, Sarasota, FL, 34236

$1,699,000

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 $1,359,200 $1,359,200 $1,359,200
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 $835 $835 $835
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $8,703 $8,703 $11,934
Total Monthly Payment $9,663 $9,663 $12,894

* 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.