City living at its finest. Enjoy breathtaking panoramic views from every room in this direct waterfront condominium in downtown Sarasota. A rarely available sixth-floor B stack unit in the beautifully renovated One Watergate, this gorgeous move-in-ready two-bedroom, two-bath split-floor plan is open and bright. It features hurricane-impact windows, sliders that are quiet, a large balcony with glass railings, an upcoming lobby renovation, a heated saltwater pool, two outdoor grilling areas, two rooftop tennis and pickleball courts, and more. You'll love the views overlooking all festivities downtown Sarasota has to offer, including the 4th of July fireworks, Christmas boat parade and boating activities at the marina. Additionally, there's the soon-to-be-renovated social room and fitness center to enjoy. The property offers secure building entry, onsite maintenance and office management, and it is a no-pets building. With two parking levels, one secured and covered, along with one deeded assigned parking spot and plenty of guest parking, convenience is ensured. One Watergate is conveniently next door to the Ritz Carlton, VUE and Westin, which boasts a rooftop bar. Across the street, you'll find Marina Jacks and Sarasota's Bayfront Park. Downtown offers fabulous restaurants, shopping, arts festivals, galleries, theaters and Saturday's farmers market, all within a short distance. St. Armands Circle and Lido Beach are just across the Ringling Causeway Bridge. For those who enjoy cultural experiences, Sarasota Airport, Asolo Repertoire Theater and Ringling Museum are just minutes away. It's a great place to live and call home. With some minor updating and this view, this unit will be one of the nicest downtown.
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Our Executive Mortgage Banker:
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$1,120,000
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 | $896,000 | $896,000 | $896,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.545% | 6.748% | 6.932% |
Monthly Tax Payment | $491 | $491 | $491 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,811 | $5,737 | $7,929 |
Total Monthly Payment | $6,427 | $6,353 | $8,545 |
* 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.