435 S Gulfstream AVENUE, #1004, Sarasota, FL, 34236 | $1,289,000

Often referred to by locals as Sarasota's "Lake Shore Drive, " this tranquil section of Palm Avenue invites residents to enjoy leisurely strolls along its tree-lined streets with easy access to all the vibrant offerings of downtown Sarasota. Regency House is ideally situated between Gulfstream and Palm Avenue, making it a standout property. Recently updated, this 1, 829 sq. ft. residence optimizes its gracious split floor plan. The living room boasts spectacular views to the north and west, featuring expansive vistas of downtown's bayfront and Marina Jack's Park.
Thoughtfully planned upgrades include newer flooring, a neutral color palette, and a modern kitchen outfitted with stainless LG appliances and a Bosch induction cooktop. The kitchen provides ample organized storage and counter space, perfect for meal prep and entertaining.
The bedrooms on opposite ends of the layout serve as peaceful retreats, each offering breathtaking sunset views. The updated bathrooms and abundant closet space—including brand-new $50, 000 closet organizers—add to the home’s appeal. There is also a large storage room or bonus room. Amenities include a heated pool, a club room with a catering kitchen, and an exercise room. Additionally, in-residence full-size stackable washer and dryer sets elevate this home above the rest. Don’t miss your chance to experience this exceptional living space! 24-hour 7 days concierge service

Features

  • Elevator: Y
  • Heating: Central, Natural Gas
  • Cooling: Central Air
  • Levels: 12
  • Amenities: Elevator(s), Fitness Center, Laundry, Lobby Key Required, Maintenance
  • Rooms: 8
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: Laundry Closet
  • Complex: REGENCY HOUSE
  • Year Built: 1972
  • Approx Sq. Feet: 1,829
  • Est. Taxes: $6,198
  • Condo Fee: $3,700 Quarterly
  • View: City, Water
  • Elem. School: Southside Elementary
  • Middle School: Booker Middle
  • High School: Sarasota High
  • Pet Policy: No
  • Appliances: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Refrigerator, Washer
  • MLS#: A4627145
  • Days on Market: 18 days
  • Website: https://www.raveis.com
    /prop/A4627145/435sgulfstreamavenue_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 11/21/2024 8:47:08 PM)
Listing courtesy of COLDWELL BANKER REALTY   Phone: 941-383-6411

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

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435 S Gulfstream AVENUE, #1004, Sarasota, FL, 34236

$1,289,000

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 $1,031,200 $1,031,200 $1,031,200
Term 360 months 360 months 180 months
Initial Interest Rate** 6.625% 6.750% 6.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.282% 6.864% 6.810%
Monthly Tax Payment $517 $517 $517
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $6,603 $6,688 $9,054
Total Monthly Payment $7,244 $7,329 $9,695

* 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.