50 Central AVENUE, #17PHB, Sarasota, FL, 34236 | $3,978,000

This penthouse is the definition of LUXURY living in downtown Sarasota! Exquisite city views from every angle. Stunning views of Sarasota Bay and the Ringling Bridge will leave you speechless. The warm feeling of home with all of the amenities of a luxury condo to satisfy the most discerning buyer. The foyer welcomes you with gorgeous marble flooring leading into your formal dining room and living space. A picturesque kitchen well equipped with stainless steel high end appliances, an over sized island, & solid wood custom cabinetry. Elegant custom lighting throughout creates the ambiance you deserve. This condo is perfect for entertaining your guests with 3 terraces, a double sided fireplace, and an outdoor kitchen. The master suite offers a complete sanctuary to escape with serene views of the vast waterways. The owner's suite bathroom has everything you desire with a massage spa tub, walk-in shower, separate vanities with dual sinks, and a bidet. The split plan offers complete privacy for your guests and the same fabulous views. The office is perfectly situated with western city and water views. This condo is unique with 3 storage units. Plaza at Five Points amenities include: concierge services, a private lobby, valet parking, well-equipped fitness room library, meeting room, a guest suite, and clubhouse with a fireplace & full kitchen. The 10th floor garden terrace with a heated pool, spa, a screened gazebo, and a sun deck, perfect for enjoying the sun. The 10th floor terrace has breathtaking views for your guests to enjoy as well. Building stewards are on call from 7: 00 a. m. to 11: 00 p. m. The building has secured entry at all doors and elevators. The garage is gated for owners-only access to two deeded parking spaces. This is everything you have been looking for! PRICED WELL BELOW APPRAISED VALUE! Design services included.

Features

  • Elevator: Y
  • Heating: Central, Electric, Zoned
  • Cooling: Central Air, Zoned
  • Levels: 17
  • Amenities: Cable TV, Elevator(s), Fitness Center, Lobby Key Required, Maintenance, Pool, Security, Spa/Hot Tub, Wheelchair Access
  • Rooms: 11
  • Bedrooms: 3
  • Baths: 3 full / 1 half
  • Laundry: Inside, Laundry Room
  • Complex: PLAZA AT 05 POINTS RESIDENCES
  • Year Built: 2005
  • Approx Sq. Feet: 3,268
  • Acreage: 0.47
  • Est. Taxes: $22,765
  • Condo Fee: $11,005 Quarterly
  • Lot Desc: City Lot, Near Marina
  • View: City, Water
  • Elem. School: Alta Vista Elementary
  • Middle School: Booker Middle
  • High School: Booker High
  • Pet Policy: Yes
  • Appliances: Built-In Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Gas Water Heater, Ice Maker, Microwave, Refrigerator, Washer, Water Filtration System
  • MLS#: A4620654
  • Days on Market: 127 days
  • Website: https://www.raveis.com
    /prop/A4620654/50centralavenue_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 12/26/2024 2:32:08 PM)
Listing courtesy of KELLER WILLIAMS ISLAND LIFE REAL ESTATE   Phone: 941-254-6467

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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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50 Central AVENUE, #17PHB, Sarasota, FL, 34236

$3,978,000

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 $3,182,400 $3,182,400 $3,182,400
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 $1,897 $1,897 $1,897
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $20,641 $20,377 $28,161
Total Monthly Payment $22,663 $22,399 $30,183

* 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.