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.
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Our Executive Mortgage Banker:
Our Insurance Division:
$5,200,000
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 | $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.