One or more photos have been virtually staged. Cabinet finishes and floor tile may vary. Live on three levels in beautiful downtown Sarasota just near everything the city has to offer. This ultra-contemporary townhouse, which lives like a single-family home, is ideal for relaxing or entertaining, whether you are a full-time or seasonal resident. This unique residence has a private elevator, two-car garage and boasts three bedrooms, 3. 5 baths along with a bonus room. Offering stylish urban living and upgraded features throughout, the townhouse includes Miami-Dade impact-rated windows and doors, luxurious Lube Italian kitchen and bath cabinetry, Bosch appliances with natural gas cooktop, Caesarstone quartz countertops and German Hansgrohe plumbing fixtures. You will also discover 8-foot solid core, rosewood-style interior doors, volume ceilings, a stylish freestanding soaking tub, spacious showers and large closets. Premium porcelain tile, multiple terraces, a tankless hot water system and abundant windows are some of the many features. Because the townhouse is titled as fee simple ownership, you own the land your residence is built on, and the monthly fees are some of the lowest downtown at only $505. 60 per month. The location is a quick distance to fine restaurants, specialty stores, banks or movie theaters. You are close to Whole Foods Market, downtown Sarasota waterfront, area beaches, a farmers market, a marina and theatrical arts. This property is in zone X, which is not a vulnerable flood zone. Plan a visit to see this three-level luxury townhouse in downtown Sarasota. You’ll be glad you did.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,475,000
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 | $1,180,000 | $1,180,000 | $1,180,000 |
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% | 6.851% | 6.704% |
Monthly Tax Payment | $1,206 | $1,206 | $1,206 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,556 | $7,653 | $10,279 |
Total Monthly Payment | $8,887 | $8,984 | $11,610 |
* 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.