188 Golden Gate POINT, #202, Sarasota, FL, 34236 | $5,200,000

Waterfront living with boat lift in downtown Sarasota! ONE88, an exclusive boutique midrise directly on Sarasota Bay, offering a luxurious and serene lifestyle. This sought-after residence combines modern elegance with breathtaking waterfront views. Your private entrance, accessed by a secure elevator, opens to a spacious hallway ideal for showcasing your favorite art pieces. From here, the expansive living area unfolds, featuring soaring 10-foot ceilings and a wall of floor-to-ceiling retractable hurricane-impact glass doors that seamlessly blend the open-concept interior with the stunning 575-square-foot balcony. Whether hosting guests or enjoying quiet moments, the outdoor space provides the ideal setting for entertaining while taking in unforgettable sunsets. The chef’s kitchen is a masterpiece, equipped with top-tier Thermador appliances, a large center island for gatherings, a butler's pantry and a wet bar complete with a wine storage refrigerator. This gourmet space is designed for grand entertaining and intimate meals, all while offering panoramic 180-degree views of Sarasota Bay. The serene primary bedroom suite is a retreat, featuring glass sliders that lead to your private 254-square-foot patio, ideal for sipping morning coffee or stargazing before bed. The spa-inspired primary bath boasts a double vanity, a walk-in shower, a soaking tub, a makeup vanity, and a custom closet offering ample storage and space for your wardrobe. Two en-suite guest bedrooms are designed with convenience and comfort in mind, each featuring built-in closets and en-suite baths with walk-in glass showers. Throughout the home, electric shades ensure privacy and light control, adapting to your needs in every room. Enjoy stunning bay views from the paver pool deck, which includes a 15-by-50-foot pool, a gas firepit, a pool bath/shower, and direct access to the boat dock. The included dock lift can accommodate a boat up to 22, 000 pounds with a 15-by-36-foot slip, offering easy access to the water for boating enthusiasts. The garage is nothing short of extraordinary, with space for two vehicles, an additional lift for a third car, and your private, air-conditioned storage unit. Additional amenities include a bike storage area and a car vacuum station for added convenience. The location of this condominium provides immediate access to the city’s vibrant cultural attractions, shopping, dining and galleries, all while maintaining a sense of privacy and tranquility. This is your opportunity to own an exceptional waterfront property in one of Sarasota's desirable locations.

Features

  • Elevator: Y
  • Heating: Central
  • Cooling: Central Air, Zoned
  • Levels: 5
  • Rooms: 9
  • Bedrooms: 3
  • Baths: 3 full / 1 half
  • Laundry: Electric Dryer Hookup, Laundry Room
  • Complex: GOLDEN GATE POINT
  • Year Built: 2015
  • Approx Sq. Feet: 3,028
  • Acreage: 0.35
  • Est. Taxes: $66,067
  • Condo Fee: $3,300 Monthly
  • Lot Desc: City Lot, Near Marina, Sidewalk
  • View: City, Pool, Water
  • Elem. School: Southside Elementary
  • Middle School: Booker Middle
  • High School: Booker High
  • Pet Policy: Cats OK, Dogs OK, Number Limit
  • Appliances: Bar Fridge, Built-In Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Range Hood, Refrigerator, Washer, Wine Refrigerator
  • MLS#: A4633822
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/A4633822/188goldengatepoint_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 1/6/2025 9:33:39 PM)
Listing courtesy of PREMIER SOTHEBYS INTL REALTY   Phone: 941-364-4000

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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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188 Golden Gate POINT, #202, Sarasota, FL, 34236

$5,200,000

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 $4,160,000 $4,160,000 $4,160,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.750% 6.625% 6.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.235% 6.723% 6.826%
Monthly Tax Payment $5,506 $5,506 $5,506
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $26,982 $26,637 $36,525
Total Monthly Payment $32,613 $32,268 $42,156

* 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.