1111 N Gulfstream AVENUE, #6B, Sarasota, FL, 34236 | $1,120,000

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.

Features

  • Elevator: Y
  • Heating: Central
  • Cooling: Central Air
  • Levels: 17
  • Amenities: Elevator(s), Fitness Center, Lobby Key Required, Maintenance, Pickleball Court(s), Pool, Tennis Court(s)
  • Rooms: 8
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: Inside
  • Complex: ONE WATERGATE
  • Year Built: 1974
  • Approx Sq. Feet: 1,575
  • Acreage: 2.82
  • Est. Taxes: $5,896
  • View: City, Water
  • Elem. School: Pine View School
  • Middle School: Booker Middle
  • High School: Booker High
  • Pet Policy: No
  • Appliances: Dishwasher, Disposal, Range, Refrigerator
  • MLS#: A4629984
  • Days on Market: 19 days
  • Website: https://www.raveis.com
    /prop/A4629984/1111ngulfstreamavenue_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 12/27/2024 1:47:12 PM)
Listing courtesy of PREMIER SOTHEBYS INTL REALTY   Phone: 941-364-4000

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NMLS Mortgage Loan Originator ID 16953

917.838.7300

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1111 N Gulfstream AVENUE, #6B, Sarasota, FL, 34236

$1,120,000

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 $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.