Presented byLesley Garlock |
Experience the epitome of sophisticated waterfront living in this 12th-floor, 3-bedroom, 3. 5-bath residence in The Ritz-Carlton Residences, Sarasota. Completed in 2021 with a contemporary style and elegant finishes, the Ritz-Carlton’s legendary services, privacy, and world-class amenities - all in a desirable downtown location, redefine luxury living. Entering through a custom double-door foyer from your private elevator, you are welcomed with bright open spaces, soaring ceilings, and stunning views of Sarasota Bay, downtown, and the Gulf of Mexico. The beautiful Emerson floorplan features 11-foot ceilings, 8-inch baseboards, and floor-to-ceiling impact windows and sliders that showcase the expansive water views. The tiled 33x16’ covered terrace features an ElectriChef built-in outdoor electric grill, ideal for entertaining guests while savoring gorgeous sunsets over the bay. Exquisite porcelain tile and J. Geiger electric shades with drapes throughout. The gourmet kitchen boasts high-end appliances such as a Sub-Zero refrigerator/freezer, Wolf gas stove and double ovens. Amidst the generous dining room, you’ll find a wine and beverage fridge, as well as a wet bar, perfect for engaging guests or relaxing with loved ones. The primary suite offers dual custom closets, Toto Wash-let, lighted mirrors, and an opaque glass shower. Tasteful built-ins in the great room and an office complete the balanced space that gracefully flows throughout the design. Resort-style amenities include a pool area that transports you to a waterfront paradise, unrivaled in the city, complete with sun lounging spaces, a poolside grill and alfresco dining area. Additional amenities include a fitness center, 70-ft lap pool/lounging pool and hot tub, a club room for events, game room and access to the adjacent Ritz Carlton hotel and spa. ADT alarm system, Sonos system, 2 parking spaces and climate-controlled storage. The Ritz Residences offer 24-hour concierge and valet services. Just a few minutes to the Bay, enjoy waterfront trails, outdoor yoga, or launching your kayak. The Van Wezel Performing Arts Center is two blocks away, where you can take in the latest shows and concerts or venture across the street to discover the area's best culinary offerings, theatre, opera, symphony and farmers market. Start living your extraordinary life today!
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Our Executive Mortgage Banker:
Our Insurance Division:
$4,600,000
Luxury Property Specialist / Director of Rentals
William Raveis Real Estate
Phone: 239.289.1351
Lesley.Garlock@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 | $3,680,000 | $3,680,000 | $3,680,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 7.000% | 6.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.851% | 7.128% | 7.061% |
Monthly Tax Payment | $4,131 | $4,131 | $4,131 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $24,793 | $24,483 | $32,820 |
Total Monthly Payment | $29,049 | $28,739 | $37,076 |
* 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.