Step into the pinnacle of luxury with Penthouse C, at The Plaza at Five Points, in the vibrant heart of downtown Sarasota. From every room, take in breathtaking, panoramic views of the bay and city that create a mesmerizing backdrop. Elegantly designed by Westwater Construction Inc. in partnership with Villa Moda, this penthouse offers refined sophistication and a spacious, home-like ambiance with three bedrooms, 3. 5 baths and two expansive terraces. Every room is thoughtfully designed to showcase sweeping vistas, with each bedroom providing terrace access. Imagine evenings by the dual-sided gas fireplace in a living area with floor-to-ceiling windows, custom shell stone surrounds and ambiance-enhancing dimmable lighting. Elevate your culinary experience in a fully upgraded kitchen, outfitted with luxurious Australian walnut cabinetry, complementary walnut flooring and statement Lisa Jarvis satin brass hardware. A floating island with Cristallo quartzite countertops, Rachiele custom copper sinks and a professional-grade Wolf six-burner range with griddle elevate this kitchen from stylish to sensational. Additional highlights include a Sub-Zero Designer Series refrigerator and freezer, a built-in Wolf coffee station, and an exclusive Pelican water filtration and softener system for the whole residence. The bespoke Sahara Noir marble-topped bar area is a wine enthusiast's dream, featuring a temperature-controlled wine cellar with space for 300 bottles, and captivating sommelier chandeliers crafted from recycled wine bottles. This meticulous attention to detail makes this penthouse one of a kind. Designed with ultimate convenience, Penthouse C includes a formal dining area, den, office, generous storage, bookshelves for your prized collections, a separate storage unit on the building’s second floor and two premium parking spaces. Residents enjoy full concierge service, valet parking, a rooftop pool and a state-of-the-art gym, everything you need to live in grand style. Don’t miss this rare opportunity to indulge in unparalleled elegance and luxury living in the heart of downtown Sarasota.
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Our Executive Mortgage Banker:
Our Insurance Division:
$5,450,000
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 | $4,360,000 | $4,360,000 | $4,360,000 |
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 | $2,612 | $2,612 | $2,612 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $27,918 | $27,918 | $38,281 |
Total Monthly Payment | $30,655 | $30,655 | $41,018 |
* 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.