Exclusive waterfront living steps away from Main St. Located in Downtown Sarasota, this 5th floor unit gives you the best of both worlds - views of Sarasota Bay, Island Park, the Marina and the Gulf of Mexico mixed with the vibrancy and ease of downtown living without crossing a major intersection. Created with a contemporary flair that maximizes floor - to - ceiling water views, you’ll find this 2 bed/2. 5 bath a spacious sanctuary. Marble and wood floors throughout, a 39 ft balcony, stone countertops, blackout shades and planation shutters, solid core doors, and hurricane grade sliders and windows encapsulate this almost 1800 SF private unit. The master suite is a welcome retreat with balcony access to enjoy your morning coffee or sunset nightcap. A large footprint provides: room for seating or office space, oversized walk-in closet, separate garden tub and walk-in shower, dual sinks, stone counters, and bidet. The units design offers privacy for you and your guests with the 2nd bedroom and ensuite bathroom on the opposite side. Use the 2nd bedroom for office space or additional sleeping quarters with a built in desk and full Murphy bed, walk-in closet, and large walk-in shower. Marina Tower is Sarasota’s most desirable location and most envied for its management and personal concierge services by a highly skilled executive manager and 24-hour front-desk personnel. This sought after building of only 41 residences includes a renovated common area and bar, heated pool and spa, fitness center, guest suite, board room, and 2 parking spaces in the monitored and secured parking garage.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,850,000
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 | $1,480,000 | $1,480,000 | $1,480,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.148% | 6.760% | 6.806% |
Monthly Tax Payment | $749 | $749 | $749 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $9,723 | $9,477 | $12,994 |
Total Monthly Payment | $10,597 | $10,351 | $13,868 |
* 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.