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340 S Palm AVENUE, #PL1, Sarasota, FL, 34236 | $1,650,000
Welcome to 340 S. Palm Ave, a truly exceptional and one-of-a-kind condo residence that effortlessly combines city elegance, chic design, and sophisticated living. This downtown gem is a haven for those seeking the perfect blend of luxury and convenience.
The residence greets you with an artistically styled foyer, featuring a ceiling rotunda with striking lighting, leading to an expansive open floor plan that serves as the perfect backdrop for entertaining. The living area showcases a custom continental bar that comfortably seats six, Floor-to-ceiling windows and sliders throughout envelop the spaces, framing sweeping views of the city and bay and flooding the interior with natural light. The 20' X 23' primary bedroom is a serene retreat complete with an electric fireplace, two ensuite bathrooms, and walk-in closets for ultimate comfort and privacy.
Every corner of this residence has been meticulously crafted with attention to detail in mind. The powder room jewel box boasts a gold leaf glass tile ceiling, adding a touch of opulence to your everyday routine.
The kitchen is a culinary enthusiast's dream, featuring ample counter space, a breakfast bar, and a chef's desk for all your cooking needs. The combined Butler's pantry and laundry area provide additional convenience and storage options. The one-of-a-kind 2, 200sf wrap-around veranda provides the perfect setting for hosting seasonal & holiday gatherings or simply enjoying the stunning western sunsets.
Experience the epitome of luxury living with amenities such as a Fitness & Spa Center, a 24-hour concierge desk and on-site manager to cater to your every need.
With its prime location on Palm Avenue, you'll have easy access to the vibrant downtown scene, including renowned restaurants, theaters, art galleries, and more.
Don't miss this opportunity to own a piece of sophistication in Sarasota. Schedule your private tour today and discover the endless possibilities awaiting you at 340 S. Palm Ave.
Features
- Elevator: Y
- Heating: Central, Electric
- Cooling: Central Air
- Levels: 16
- Amenities: Fitness Center, Lobby Key Required, Security
- Rooms: 9
- Bedrooms: 2
- Baths: 3 full / 1 half
- Laundry: Inside, Laundry Room
- Complex: SARABANDE
- Year Built: 1998
- Approx Sq. Feet: 2,313
- Est. Taxes: $18,913
- Condo Fee: $7,310 Quarterly
- Lot Desc: FloodZone, City Lot, Landscaped, Sidewalk
- View: City, Pool, Trees/Woods, Water
- Elem. School: Southside Elementary
- Middle School: Booker Middle
- High School: Sarasota High
- Pet Policy: Breed Restrictions, Number Limit, Size Limit, Yes
- Appliances: Built-In Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
- MLS#: A4634920
- Days on Market: 1 day
- Website: https://www.raveis.com
/prop/A4634920/340spalmavenue_sarasota_fl?source=qrflyer
Listing courtesy of COLDWELL BANKER SARASOTA CENT. Phone: 941-487-5600
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Yokadi MejiaInsurance Sales Director, William Raveis Insurance
561.335.7966
Yokadi.Mejia@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
340 S Palm AVENUE, #PL1, Sarasota, FL, 34236
$1,650,000
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
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $1,320,000 | $1,320,000 | $1,320,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 7.000% | 6.750% | 6.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.286% | 6.874% | 6.972% |
| Monthly Tax Payment | $1,576 | $1,576 | $1,576 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $8,782 | $8,561 | $11,681 |
| Total Monthly Payment | $10,483 | $10,262 | $13,382 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388