Welcome to Your Urban Oasis in the Heart of Sarasota's Cultural District. High desired CORNER UNIT, perched on the 11th floor of the prestigious 101 Condominium, this spacious 2-bedroom, 2-bath residence offers a sophisticated retreat with commanding CITY VIEWS of Sarasota's dynamic cityscape, both easterly and southern, letting in lots of morning and afternoon light. Step into downtown city -living where meets coastal convenience. The kitchen features stone countertops and stainless steel appliances including dishwasher drawers and wine refrigerator perfect for both everyday living and entertaining. The primary suite has a walk-in closet, while the guest bedroom cleverly maximizes space with not only a large closet but also, a laundry closet with European style washer/dryer combo. The private balcony provides the perfect vantage point for enjoying city vistas with fresh breezes and tantalizing glimpses of Sarasota Bay. The 101 Condominium has recently completed an $8 million modernization project, elevating the building's amenities to new heights. Residents enjoy access to a newly renovated lobby, heated swimming pool, state-of-the-art fitness center, and an elegant social room for gatherings.
Located in Sarasota's most walkable neighborhood, directly across from Island Park, this residence puts you steps from Marina Jack's world-class marina and the celebrated Gallery Row of Palm Avenue. Immerse yourself in downtown's vibrant dining scene, cultural attractions, and boutique shopping, all within moments of your front door. This exceptional property represents the pinnacle of downtown Sarasota living, where luxury, location, and lifestyle converge. Schedule your private showing today to experience the elegance of elevated city living. The 101 Condominium, Downtown Sarasota.
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Our Executive Mortgage Banker:
Our Insurance Division:
$795,000
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 | $636,000 | $636,000 | $636,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.421% | 7.159% | 6.392% |
Monthly Tax Payment | $544 | $544 | $544 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,339 | $4,227 | $5,410 |
Total Monthly Payment | $4,975 | $4,863 | $6,046 |
* 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.