1720 Alderman STREET, Sarasota, FL, 34236 | $1,860,000

Discover Luxury Living at Laurel on the Water! Nestled within an exclusive enclave of seven canal-front townhomes, 1720 Alderman St embodies contemporary elegance and coastal refinement in the heart of Sarasota, Florida. Priced at $1, 860, 000, this newly constructed, three-story townhouse (with elevator) offers a blend of modern design and vibrant lifestyle, just blocks from the bustling downtown area.

The unique modern architecture seamlessly connects with the serene waterfront, providing an ideal setting for enjoying the best of Florida living. The home features a versatile great room on the first floor, which can serve as an office, third bedroom, or entertainment area, complete with separate entrances for added convenience.

Step inside and be captivated by sleek, modern design elements, including waterfall kitchen island, expansive impact glass windows that invite natural light and breathtaking water views. Balconies on multiple levels allow you to bask in the beauty of the surroundings while enjoying the coastal breeze.

For boating enthusiasts, the option to acquire a private boat slip for an additional cost of $50, 000 provides easy access to jet skiing, paddle boarding, kayaking, and the charming waterways of Sarasota. This maintenance-free neighborhood brings the luxury of care-free living while keeping you close to the waterfront, marina, downtown, and world-renowned beaches.

As part of the Laurel on the Water community, residents can enjoy access to a refreshing pool, enhancing the resort-like atmosphere of this remarkable enclave.

The lifestyle you’ll embrace here is unmatched – immerse yourself in Sarasota’s rich cultural scene, with attractions like the renowned Ringling Museum, vibrant theaters, and an impressive selection of Zagat-rated restaurants. Siesta Key Beach, celebrated nationally for its pristine sands, is nearby, ensuring sun-drenched days and serene enjoyment under sunset skies.

With a spacious two-car garage, this luxurious townhouse is not just a place to live but a gateway to a vibrant community filled with exquisite dining, boutique shopping, farmer’s markets, and an array of outdoor adventures, including access to over 76 golf courses within a 15-mile radius.

1720 Alderman St represents more than just a property; it’s an invitation to experience an unparalleled lifestyle of luxury, culture, and outdoor recreation. Don’t miss this exceptional opportunity to own a piece of Sarasota paradise—schedule your private tour today!

Features

  • Elevator: Y
  • Rooms: 3
  • Bedrooms: 3
  • Baths: 4 full
  • Laundry: Laundry Closet
  • Year Built: 2024
  • Garage: 2-car
  • Heating: Central, Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 2,480
  • Acreage: 0.26
  • Est. Taxes: $20,000
  • Condo Fee: $1,200 Monthly
  • Elem. School: Southside Elementary
  • Middle School: Booker Middle
  • High School: Sarasota High
  • Pet Policy: Number Limit, Size Limit, Yes
  • Appliances: Dishwasher, Disposal, Range, Refrigerator
  • MLS#: A4629855
  • Days on Market: 38 days
  • Website: https://www.raveis.com
    /eprop/A4629855/1720aldermanstreet_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 1/7/2025 11:47:07 AM)
Listing courtesy of EXP Realty LLC   Phone: 888-883-8509

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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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Our Insurance Division:

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1720 Alderman STREET, Sarasota, FL, 34236

$1,860,000

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 $1,488,000 $1,488,000 $1,488,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.750% 6.625% 6.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.235% 6.723% 6.826%
Monthly Tax Payment $1,667 $1,667 $1,667
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $9,651 $9,528 $13,065
Total Monthly Payment $11,443 $11,320 $14,857

* 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.