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.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,095,000
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 | $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.