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NEW IMPACT WINDOWS being installed. Welcome to Regency House, affectionately known by locals as Sarasota’s own “Park Avenue. ” Residents on this quiet side of South Palm Avenue enjoy leisure walks along the tree-lined street to everything Sarasota's vibrant downtown has to offer. This 1, 700+ SF residence has been thoughtfully updated, optimizing its desirable split bedroom floorplan. Sweeping views from every room stretch north and west encompassing downtown Sarasota, Marina Jack’s and the bayfront park. A spacious great room opens to an enclosed lanai with a full wall of sliding doors (Impact glass being installed), perfectly framing the water and city vistas while providing a quiet sound barrier. Enjoy spectacular sunsets over the bay. Carefully planned upgrades; hurricane shutters on the main sliders, updated flooring and neutral paint that complements a variety of décor styles. The kitchen is equipped with espresso wood cabinetry, Frigidaire and Maytag stainless steel appliances, granite countertops, glass tile backsplash, and ample storage and counter space for effortless entertaining. A split bedroom plan provides privacy and a quiet retreat at the end of the day. The primary suite boasts a gorgeous water view, an extra-large walk-in closet with built-ins and a beautifully updated ensuite bath with a glass-enclosed tiled shower. The second bedroom also enjoys water views and an updated guest bath with a frameless glass tiled shower/tub. A wealth of closet space keeps everything organized and easy to find. The designated laundry closet includes a stackable Miele Washer and Dryer installed in 2022. Regency House is a premier community with ample amenities, including heated pool (renovations pending), clubroom with catering kitchen, exercise room and a shared library. Residents enjoy the benefit of 24-hour concierge service, on-site manager and assigned covered parking. Known by the residents as a “Vertical Village” for its strong sense of community, many social gatherings, including an opera group, book club, organized outings and museum tours, where neighbors know one another and are year-round residents or spend part of the year traveling. Live just minutes from Whole Foods, Selby Gardens, Burns Court Theater, the weekly farmer’s market, and countless restaurants, boutique shops, art galleries and so much more. Convenient to SRQ International Airport, minutes to Ringling Bridge over to Lido Key for shopping and dining on St. Armand’s Circle and one of many pristine beaches. It is easy to indulge yourself with everything downtown has to offer in this ideal location.
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:
$899,000
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 | $719,200 | $719,200 | $719,200 |
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 | 6.848% | 6.613% | 6.560% |
Monthly Tax Payment | $816 | $816 | $816 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,370 | $4,546 | $6,216 |
Total Monthly Payment | $5,278 | $5,454 | $7,124 |
* 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.