711 S Palm AVENUE, #203, Sarasota, FL, 34236 | $2,095,000

Presenting 7 One One Palm, Avenue – The Quintessence of Urban Sophistication

Located on Palm Avenue in downtown Sarasota – a meticulously maintained 3-bedroom, 3-bathroom residence within the recently constructed boutique condominium, 7 One One Palm. This is urban living elevated to an art form.

An open and expansive floor plan is bathed in natural light courtesy of floor-to-ceiling sliding glass doors and 10-foot ceilings. Zebrino Michelangelo Porcelain flooring stretches before you, providing a chic and contemporary canvas for your discerning taste.

Indulge your culinary prowess in the streamlined gourmet kitchen, where top-tier Bosch appliances (including a 5-burner gas range) and Cucine Ricci Italian Cabinetry create a symphony of style and function. An Insinkerator, reverse osmosis water filter, and a generous island complete this epicurean dream.

Transition seamlessly to the outdoors on the spacious west-facing terrace – the largest in the building – where a partial bay view and an extension of your living space await. Imagine hosting elegant soirées or unwinding with a glass of wine as the sun sets over the Sarasota skyline.

Effortless convenience is afforded by a dedicated laundry room with a Whirlpool stackable washer & dryer and an oversized sink, while Hansgrohe plumbing fixtures throughout bestow a touch of European refinement. State-of-the-art "Smart Home" technology allows for seamless control of lighting and shades, and secure air-conditioned storage and two dedicated garage parking spaces provide peace of mind.

Residents of 7 One One Palm enjoy a suite of resort-style amenities, including a private Palm Terrace with an oversized pool, spa, cabanas, firepit, and gas grills. A part-time concierge, fitness facility, and package room ensure that every need is attended to with finesse. Moreover, pet-friendly policies allow your four-legged companions to share in the urbane lifestyle.

This distinguished residence is more than just a home; it is a statement of sophistication and elegance. Arrange your private tour today to experience the epitome of urban living at 7 One One Palm. *Furniture is available for an additional price.

Features

  • Elevator: Y
  • Heating: Central, Natural Gas
  • Cooling: Central Air, Humidity Control
  • Levels: 5
  • Amenities: Elevator(s), Fitness Center, Lobby Key Required, Maintenance, Pool, Security, Spa/Hot Tub, Storage
  • Rooms: 8
  • Bedrooms: 3
  • Baths: 3 full
  • Laundry: Inside, Laundry Room
  • Complex: 7 ONE ONE PALM
  • Year Built: 2019
  • Approx Sq. Feet: 1,815
  • Est. Taxes: $14,338
  • Condo Fee: $5,500 Quarterly
  • Elem. School: Southside Elementary
  • Middle School: Brookside Middle
  • High School: Sarasota High
  • Pet Policy: Yes
  • Appliances: Built-In Oven, Convection Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Freezer, Kitchen Reverse Osmosis System, Microwave, Range, Refrigerator, Washer
  • MLS#: A4630091
  • Days on Market: 27 days
  • Website: https://www.raveis.com
    /prop/A4630091/711spalmavenue_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 12:12:03 AM)
Listing courtesy of PREFERRED SHORE   Phone: 941-999-1179

William Raveis Family of Services

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Customer Service

888.699.8876

Contact@raveis.com

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To learn more about our credentials, visit raveis.com today.

Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Yokadi MejiaInsurance Sales Director, William Raveis Insurance

561.335.7966

Yokadi.Mejia@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

711 S Palm AVENUE, #203, Sarasota, FL, 34236

$2,095,000

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 $1,676,000 $1,676,000 $1,676,000
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 $1,195 $1,195 $1,195
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $10,871 $10,732 $14,831
Total Monthly Payment $12,191 $12,052 $16,151

* 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.