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.
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Our Executive Mortgage Banker:
Our Insurance Division:
$3,978,000
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 | $3,182,400 | $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.