Experience Luxurious Living in the Heart of Downtown Sarasota
This exquisite three-bedroom, three-bathroom Ritz-Carlton Tower Residence redefines luxury, offering an unparalleled living experience that feels like a single-family home. Situated in the heart of downtown Sarasota, this property boasts breathtaking panoramic views of Sarasota Bay and dazzling sunsets.
Step off your private elevator into an expansive open floor plan adorned with designer touches throughout. The well-appointed kitchen, featuring double ovens, a Sub-Zero refrigerator, and granite countertops, is a chef’s dream and perfect for entertaining. The living spaces are graced by stunning chandeliers, while two expansive terraces offer the ideal setting to soak in the bay views.
The private primary suite features large windows, a spa-like en-suite bathroom, and a serene balcony overlooking the water. The property includes two convenient garage parking spaces, both equipped with EV charging stations.
At The Tower Residences, you’ll enjoy world-class amenities, including a spectacular social room, private theater, recreation room, fitness center, heated pool and spa, outdoor fire table, and barbecue grills. Direct access to the Ritz-Carlton Hotel ensures a seamless lifestyle with signature services such as 24-hour in-residence dining and legendary hospitality.
Nestled within walking distance of Sarasota’s vibrant downtown and marina, this residence combines convenience with an exceptional lifestyle. Don’t miss the opportunity to embrace the renowned Ritz-Carlton lifestyle in one of Sarasota’s most prestigious addresses.
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:
$3,950,000
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 | $3,160,000 | $3,160,000 | $3,160,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.625% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.444% | 6.748% | 7.366% |
Monthly Tax Payment | $2,997 | $2,997 | $2,997 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $20,759 | $20,234 | $27,963 |
Total Monthly Payment | $23,881 | $23,356 | $31,085 |
* 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.