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Welcome to 209-Building B/1703 North Tamiami Trail, Sarasota, FL, 34234—a modern gem nestled in the vibrant heart of Sarasota's coastal paradise. This newer luxury mid-rise, constructed in 2022, is the epitome of elegance and convenience, offering a luxurious living experience for those seeking a vacation home, second home, or a smart investment property. Boasting 1 spacious bedroom and 2 sleek bathrooms, this unit caters perfectly to the empty nester or the savvy investor. With a lenient rental policy allowing for weekly rentals (8 days/7 nights min. /52 times a year), the opportunities for rental income are superb. The property also features 1 parking space and the option to purchase a separate boat slip, ensuring your vessel is just a stone's throw away.
The interior dazzles with a myriad of upgrades: 4-panel hurricane-rated sliding glass doors, linear tile flooring in the bathrooms, oversized handles on kitchen cabinets, and elegant backsplashes. The open-plan kitchen, dining, and living area is illuminated by bright, natural light and appointed with modern glossy light cabinets, bright quartz countertops, and a large island with chic lighting—ideal for entertaining or casual dining. Awake to breathtaking views from your patio as the refreshing morning sun as it rises over the building toward the pool and endless sunsets from the westward shies over the pool. The primary bathroom showcases upgraded tiling, modern cabinetry, quartz countertops, and a glass shower door. A versatile den, accessible through trendy barn doors, serves as a second bedroom smartly appointed with a Murphy Bed allowing for office space. The Strand's amenities are second to none. Enjoy the floating dock for kayaking, a resort-style heated pool/spa, a well-equipped gym, car charging stations, and community grilling areas. The gated community also offers a dog park and a gas-fire pit for evening relaxation. With three waterfront parks within one and a half miles—Whitaker, Bayfront Park, and Island Park—Sarasota's famous sunsets and coastal lifestyle are yours to embrace. Don't miss the chance to make this exquisite unit your own. The Strand is more than a home; it's a lifestyle.
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$599,000
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 | $479,200 | $479,200 | $479,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.191% | 7.042% | 6.160% |
Monthly Tax Payment | $452 | $452 | $452 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,148 | $3,148 | $4,011 |
Total Monthly Payment | $3,692 | $3,692 | $4,555 |
* 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.