1300 Benjamin Franklin DRIVE, #701, Sarasota, FL, 34236 | $5,478,888

Welcome to the epitome of luxury living at the Ritz-Carlton Management Beach Residences! This extraordinary almost 4200-square-foot condo boasts unparalleled elegance and stunning panoramic VIEWS that encapsulate the beauty of the Gulf of Mexico.
Enjoy the grandeur of two expansive wrap-around balconies offering breathtaking vistas. To the east, revel in the serene Bay view of South Lido Park Reserve, observing paddle boarders, kayakers, and the majestic Ringling Bridge against the backdrop of Sarasota's downtown skyline. Meanwhile, the west-facing balcony presents an unobstructed, boundless view of the sparkling waters of the Gulf of Mexico, offering a daily spectacle of mesmerizing sunrises and sunsets.
Step inside to discover three remarkably spacious bedrooms complemented by three and a half luxuriously appointed bathrooms. Impeccable attention to detail is evident throughout this residence, showcasing opulent finishes and modern design elements that harmonize with the coastal ambiance. The condo come with two fireplaces, the gourmet kitchen is complete with high-end appliances and luxurious finishes. the lutron system lighting and blinds in every room.
Indulge in the convenience of 24-hour concierge service, ensuring a seamless living experience. Just a minute's stroll leads you to the pristine beach, where you can immerse yourself in the calming embrace of the sea or witness the magical play of sun and waves at any time of day.
This remarkable condo is a sanctuary that seamlessly combines sophistication, comfort, and the allure of coastal living. Embrace a lifestyle where every moment is adorned with the tranquility of the Gulf and the vibrant energy of Sarasota's coastline.
Experience the pinnacle of coastal luxury living at this remarkable Ritz-Carlton Management Beach Residence.

Features

  • Elevator: Y
  • Heating: Electric, Zoned
  • Cooling: Central Air, Zoned
  • Levels: 12
  • Amenities: Clubhouse, Elevator(s), Fitness Center, Gated, Handicap Modified, Maintenance, Pool, Sauna, Security, Spa/Hot Tub, Storage
  • Rooms: 10
  • Bedrooms: 3
  • Baths: 3 full / 1 half
  • Laundry: Electric Dryer Hookup, Laundry Room
  • Complex: THE BEACH RESIDENCES
  • Year Built: 2005
  • Common Charge: $11,025 Quarterly
  • Approx Sq. Feet: 4,194
  • Est. Taxes: $46,398
  • Lot Desc: Near Public Transit
  • View: Water
  • Elem. School: Southside Elementary
  • Middle School: Booker Middle
  • High School: Booker High
  • Pet Policy: Yes
  • Appliances: Bar Fridge, Built-In Oven, Cooktop, Dishwasher, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range Hood, Refrigerator, Washer, Wine Refrigerator
  • MLS#: A4594093
  • Days on Market: 288 days
  • Website: https://www.raveis.com
    /prop/A4594093/1300benjaminfranklindrive_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 11/17/2024 11:44:12 PM)
Listing courtesy of COLDWELL BANKER REALTY   Phone: 941-366-8070

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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

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1300 Benjamin Franklin DRIVE, #701, Sarasota, FL, 34236

$5,478,888

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 $4,383,110 $4,383,110 $4,383,110
Term 360 months 360 months 180 months
Initial Interest Rate** 6.750% 6.750% 6.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.333% 6.876% 6.936%
Monthly Tax Payment $3,867 $3,867 $3,867
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $28,429 $28,429 $38,787
Total Monthly Payment $32,420 $32,420 $42,778

* 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.