Ideally in the heart of downtown, this immaculate three-bedroom townhome of over 2, 000 square feet boasts sophisticated and spacious living close to all Sarasota has to offer. The artfully designed Granada floor plan lives like a single-family home, offering open-concept living and entertaining space on the first floor, and three secluded bedrooms and an oversized terrace on the second floor. Completed in 2017, this nearly new townhome features hardwood flooring throughout, high ceilings, premium finishes, custom closet systems, LED lighting and a tankless water heater. The chef's kitchen is elegant and spacious with solid wood cabinets, granite countertops, a built-in pantry, upgraded appliances and a gas range. An ample kitchen island creates plenty of room for cooking and entertaining. The kitchen opens to an expansive dining room and comfortable living space. Large, south-facing windows provide fantastic natural light all day long. The primary retreat is on the second level and features a generous primary bath and large walk-in closet. French doors lead out to a private balcony. Two comfortably sized guest rooms share a second bath and access to an expansive terrace. A convenient second-floor laundry room rounds out the second level. The attached two-car garage includes a separate entry door, epoxy floors, Tesla EV charger and built-in storage. Valencia at Rosemary Place is a boutique townhome community uniquely in the vibrant Rosemary District. It is less than a quarter mile from The Bay Sarasota, the new 53-acre park on Sarasota Bay boasting nature trails, boardwalk, kayak launch, splash pad, fitness activities, concerts and social events, and just a short distance from the shops and restaurants of Main Street and Palm Avenue. Access to the hotel pool and fitness facilities at The Sarasota Modern across the street is available at an additional fee.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,395,000
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 | $1,116,000 | $1,116,000 | $1,116,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.110% | 6.735% | 6.680% |
Monthly Tax Payment | $481 | $481 | $481 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,238 | $7,146 | $9,722 |
Total Monthly Payment | $7,844 | $7,752 | $10,328 |
* 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.