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Discover an incredible opportunity to own a stunning townhouse in the heart of Sarasota’s historic Laurel Park District. Step through the gated, low-maintenance front yard overlooking the community fountain, and you will enter a foyer that leads to the luxury of a private elevator providing effortless access to every level of the home. Designed for both comfort and entertaining, the expansive living area features an open-concept kitchen that seamlessly flows into the dining and living spaces. The kitchen is a chef’s dream, with stainless appliances, solid stone countertops, and a stunning designer tile backsplash. Adjacent to the main living area you will find a half bath for you and your guest’s convenience. The 3rdlevel of the home is dedicated to the owner’s primary suite offering a spa-like bathroom featuring a large walk-in shower, a beautiful double sink vanity with extraordinary counter space and cabinets, elegant tile work, and a custom walk-in closet. Just steps from the primary suite, there is a well-appointed laundry area complete with a washer, dryer, and a large wash sink for added convenience. Adjacent to the primary suite, you will find a space perfect for a small office, TV area, playroom, or even a small library. The top level offers two additional en-suite bedrooms, providing ample space for guests or family. Beautiful engineered hardwood floors run throughout, complemented by beautiful tile in all the bathrooms along with a neutral color palette that suits any style. As an end unit, this home is filled with natural light, thanks to additional windows adorned with custom wood and fabric blinds. Every level features two balconies, creating a seamless blend of indoor and outdoor living. This exceptional downtown residence also includes a private two-car garage, and a large storage closet. Embrace the best of downtown living in this low-maintenance home, ideally situated within walking distance of Sarasota’s vibrant Main Street, the Bayfront, top-rated restaurants, art galleries, unique boutiques, close proximity to the airport, and three grocery stores. Enjoy the benefit of the Legacy Trail with miles of scenic views, several parks—including Laurel Park and Payne Park, which offers opportunities for amazing dog walks and a dog park—several tennis courts, a well-equipped play area for children, and much more. This home, with low HOA fees, also offers the benefit of being located close to Sarasota’s renowned beaches, including Siesta Key and Lido Beach. You do not want to miss this amazing opportunity to experience city living at its finest—right at your doorstep.
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Our Executive Mortgage Banker:
Our Insurance Division:
$925,000
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 | $740,000 | $740,000 | $740,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.500% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.861% | 6.637% | 6.540% |
Monthly Tax Payment | $864 | $864 | $864 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,496 | $4,677 | $6,395 |
Total Monthly Payment | $5,452 | $5,633 | $7,351 |
* 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.