Welcome to The Strand of Sarasota – Your Waterfront Paradise in the Heart of Downtown Sarasota, FL!
Nestled within the waterfront community of The Strand, this elegant condominium seamlessly combines modern sophistication with coastal charm, offering a lifestyle of luxury and convenience.
Whether you're an experienced investor, a young professional craving the energy of city living, or a retiree seeking a peaceful escape, this property offers unparalleled access to the very best of Sarasota.
This stunning 1-bedroom, 2-bathroom condo is located on the second floor, offering both privacy and convenience with easy access via an elevator or stairs. The unit boasts an open floor plan with ample natural light and a sleek, modern design. Step out onto the oversized balcony, where you’ll enjoy serene views overlooking the sparkling pool—a perfect spot to relax or entertain. The property includes a private parking space in the secure garage, along with additional open parking available for guests. Inside, you'll find a spacious primary suite with a luxurious ensuite bath, a second full bathroom for guests, and a beautifully designed kitchen equipped with premium appliances. Whether you’re seeking a tranquil retreat or an ideal location close to everything in Sarasota, this condo checks all the boxes!
Investors, Take Note!
This property is a turnkey investment opportunity, having already generated an impressive approx $70, 000 AGR in rental income to date. Professionally managed by a 5-star-rated property management company, it provides a hassle-free experience for maximizing your returns. The new buyer has the rare chance to retain this management team, ensuring the property's ongoing success and effortless income generation. Add this high-performing condo to your portfolio today and take advantage of Sarasota’s thriving rental market!
- A saltwater pool for refreshing swims.
- A heated spa to unwind after a long day.
- A state-of-the-art fitness center for all your wellness needs.
- A kayak launch and private docks, offering endless water adventures right from your doorstep.
- A dog park for your furry friends to enjoy.
- Community grills and a gas firepit for memorable gatherings with loved ones.
Living at The Strand means being just minutes away from everything that makes Sarasota exceptional:
- Cultural Attractions: Explore the Ringling Museum of Art, Sarasota Opera House, and Van Wezel Performing Arts Hall.
- Fine Dining: Savor culinary delights at nearby restaurants like Indigenous, Selva Grill, and Shore.
- Shopping: Stroll through the vibrant shops of St. Armands Circle or Downtown Sarasota.
- Beaches: Enjoy the powdery sands of Siesta Key, Lido Key, and Longboat Key, all a short drive away.
- **Outdoor Adventures**: Take a leisurely bike ride along the Legacy Trail or explore the nearby Marie Selby Botanical Gardens.
With easy access to Sarasota-Bradenton International Airport, this location is as practical as it is picturesque.
This residence offers something for everyone:
- Young Professionals will love the vibrant downtown atmosphere, fitness amenities, and easy access to nightlife.
- Those seeking a serene lifestyle will appreciate the peaceful waterfront setting, upscale amenities, and convenient access to Sarasota's renowned cultural attractions.
Schedule your private tour today and start living the Florida lifestyle you’ve always dreamed of.
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:
$525,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $420,000 | $420,000 | $420,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.300% | 6.778% | 6.034% |
Monthly Tax Payment | $300 | $300 | $300 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,724 | $2,689 | $3,488 |
Total Monthly Payment | $3,116 | $3,081 | $3,880 |
* 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.