Experience Luxury Living in Downtown Sarasota! Rarely available, this completely remodeled, 3BR/2BA, 11th floor residence at the iconic BAY PLAZA offers breathtaking 270-degree views of Sarasota Bay, Marina Jack, Ringling Bridge and the vibrant downtown landscape. With its prime location and stunning vistas, this home presents a truly elevated living experience. The residence has been recently upgraded with hurricane-rated impact-resistant windows and ceiling-to-floor glass doors ensuring energy efficiency and noise reduction. The open floor plan seamlessly connects the spacious living area with the dining area and a beautifully designed kitchen, featuring elegant quartz countertops for entertaining your guests and easy living options. Some of the features and improvements include: freshly painted interior, new glass shower doors in both bathrooms, new vanities and closet in main and guest bathroom, new ceiling fans and light fixtures, expanded storage with wine cooler in kitchen, new closet systems. FOUR PRIVATE BALCONIES give you unrivaled opportunities to enjoy Sarasota's stunning views, including prime vantage points for the city's famous Fourth of July and New Year's Eve fireworks displays. Residents of Bay Plaza enjoy an array of world class amenities including heated outdoor pool and spa, spacious shaded entertainment deck, outdoor grill and storage, fitness facility with sauna and steam rooms, EV charging stations. Be pampered by the excellent round-the-clock concierge staff, 24-7 on-site valet parking and 7-day on-staff maintenance. Upgrade to an unparalleled urban lifestyle with walking access to array of local attractions, renowned dining options, boutique shopping, the Bayfront Park, Marie Selby Botanical Gardens, Florida Studio Theater, Sarasota Opera House, Whole Foods and Saturday morning Farmers Market and an easy drive to St Armands Circle, Lido Key and some of the best beaches in Florida!
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$1,629,000
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 | $1,303,200 | $1,303,200 | $1,303,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.625% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.209% | 6.750% | 6.664% |
Monthly Tax Payment | $1,171 | $1,171 | $1,171 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,345 | $8,345 | $11,352 |
Total Monthly Payment | $9,641 | $9,641 | $12,648 |
* 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.