Imagine living in downtown Sarasota in brand new construction for under $500K! Step into your dream home in this brand-new custom townhome, ideally located just moments from Sarasota's dynamic downtown and the charming Rosemary District. Steps away from the lush, 10-acre Gillespie Park, this townhome offers the perfect balance of urban convenience and serene park-side living. With 2 bedrooms, 2. 5 baths, and 2 assigned parking spaces, it’s an unparalleled urban oasis waiting to welcome you. Inside, you'll find an open floor plan that seamlessly blends style and functionality. The contemporary kitchen is a chef’s delight, with stunning stone countertops, sleek stainless steel appliances, and soft-close cabinetry. The entire home is graced with beautiful hardwood bamboo floors and designer tile in the luxurious main and guest showers. With impact windows throughout, plus a full-size washer and dryer, every detail has been carefully designed for your comfort and convenience. Living here means living smarter. The townhome is equipped with cutting-edge smart home automation, including an Echo Dot, WiFi thermostats, and a Ring video doorbell. Energy-efficient roofing and foam insulation ensure your home is as eco-friendly as it is comfortable. The soundproof construction guarantees privacy, while the elevated foundation at over 24 feet above sea level provides additional peace of mind, especially with its placement in Flood Zone X. The living doesn’t stop at your front door. Step outside to the outdoor space, featuring a grill and seating area surrounded by beautiful brick pavers. The convenience of direct door access means no hidden fees—just easy, accessible living. Right outside your door, Gillespie Park offers an incredible array of amenities. Enjoy a friendly game of pickleball. Let your dog run free in the fenced dog park, or take the kids to the playground. For sports enthusiasts, there are basketball and tennis courts, along with tranquil oak groves for moments of relaxation. Living here means being at the heart of all Sarasota has to offer. Spend your weekends exploring the art galleries, boutiques, and fine dining options downtown, or stroll through the nearby Rosemary District—an area teeming with eclectic restaurants, stylish cafes, and vibrant community spaces. Everything you need is right at your fingertips. This exceptional townhome offers not just a place to live, but a lifestyle to be embraced. Whether you're entertaining friends, exploring downtown, or unwinding in your beautifully crafted home, you'll experience luxury, comfort, and convenience like never before. Don't miss out on this rare opportunity to own a piece of Sarasota’s finest living.
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Our Executive Mortgage Banker:
Our Insurance Division:
$499,000
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 | $399,200 | $399,200 | $399,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.191% | 7.171% | 6.276% |
Monthly Tax Payment | $535 | $535 | $535 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,622 | $2,653 | $3,367 |
Total Monthly Payment | $3,232 | $3,263 | $3,977 |
* 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.