1685 Laurel STREET, #5, Sarasota, FL, 34236 | $850,000

Located in the highly sought-after Laurel Park neighborhood, this exceptional one-story villa condominium offers the perfect blend of luxury and convenience in the heart of Sarasota's historic downtown district. This private corner villa features 3 spacious bedrooms, 3 full bathrooms, and a thoughtfully designed open floor plan that seamlessly combines comfort and style. With soaring 10-foot ceilings, elegant crown molding, a surround sound system throughout villa, and a bright indoor atrium, the home exudes both elegance and tranquility. The gourmet eat-in kitchen is ideal for both casual dining and entertaining, with a large island as its centerpiece, complemented by updated appliances and new engineered hardwood flooring throughout. Additional highlights include a tankless water heater, custom impact-resistant windows, common storage area, and unique front and rear entrances, including a charming portico at the front. Nestled in the neighborhood recognized as Sarasota Magazine’s "Most Charming Downtown Neighborhood", this villa is just a short stroll from the vibrant offerings of Main Street, where you'll find an eclectic mix of dining, shopping, and entertainment. Cultural gems such as Selby Gardens, Burns Court Cinema, and a curated selection of local boutiques are also within close proximity. The Villas on Laurel features a beautifully landscaped courtyard, a community pool, and a welcoming atmosphere for all residents. The property includes two designated parking spaces for added convenience. Rarely available, this villa presents a unique opportunity to own a peaceful, private retreat in the heart of Sarasota. Don’t miss out on the chance to own this truly special piece of downtown real estate. Schedule your private showing today!

Features

  • Heating: Central
  • Cooling: Central Air
  • Levels: 2
  • Rooms: 7
  • Bedrooms: 3
  • Baths: 3 full
  • Laundry: Gas Dryer Hookup, Inside, Laundry Closet, Washer Hookup
  • Complex: THE VILLAS ON LAUREL
  • Year Built: 2005
  • Approx Sq. Feet: 1,659
  • Est. Taxes: $8,737
  • Condo Fee: $2,550 Quarterly
  • Pool: In Ground
  • Pet Policy: Yes
  • Appliances: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Range, Range Hood, Refrigerator, Tankless Water Heater, Washer, Water Filtration System
  • MLS#: A4636328
  • Days on Market: 2 days
  • Website: https://www.raveis.com
    /prop/A4636328/1685laurelstreet_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 1/19/2025 3:34:08 PM)
Listing courtesy of PREMIER SOTHEBYS INTL REALTY   Phone: 941-364-4000

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NMLS Mortgage Loan Originator ID 16953

917.838.7300

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1685 Laurel STREET, #5, Sarasota, FL, 34236

$850,000

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 $680,000 $680,000 $680,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.625% 6.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.200% 6.748% 6.786%
Monthly Tax Payment $728 $728 $728
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,524 $4,354 $5,970
Total Monthly Payment $5,344 $5,174 $6,790

* 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.