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UPDATE! The seller is offering the buyer a 6-month credit for condo fees at closing. Sunset Towers is a stunning and perfectly located property in Sarasota! Just renovated with new wood floors throughout the living room, dining room, kitchen, and halls, carpeted bedrooms, entirely freshly painted top to bottom, updated kitchen, solid surface counter tops and lighting. Additionally, important updates, some newer impact windows, washer, dryer, stainless steel dishwasher, new stove, oven and microwave make this property stand out and ready to move in.
The floor to ceiling windows let you enjoy the breathtaking views of the intracoastal waterway and Ringling Bridge. Secure entry to the luxury lobby with private mailboxes, elevator to your condo. You'll have easy access to the city's cultural treasures, year-round entertainment including St. Armand's Circle events and Sarasota's Saturday Farmer's Market. Just minutes from the famed Sarasota Opera House, The Ringling Museum, beautiful Lido Beach and Longboat Key.
Walkable to Downtown Sarasota, Marina Jacks and St. Armand’s Circle. In addition, there are many activities, restaurants, world class shopping and weekly events that will be sure to fill your days.
The beautifully maintained and updated public spaces include a two-story deck overlooking Sarasota Bay, a fully updated salt water heated pool, a private beach, kayak storage, a fitness center, covered assigned parking, and secure entry, all overseen by a manager who lives onsite. The unit itself has been owned by the same family since the building was constructed in 1960. Enjoy the lovely views of Golden Gate Point, Sarasota Bay, and the Ringling Causeway. With two spacious bedrooms, the master bedroom features an ensuite bath.
This is a fantastic opportunity to own your own Downtown Sarasota oasis!
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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 | $659,979 | $659,979 | $659,979 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.625% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.861% | 6.751% | 6.666% |
Monthly Tax Payment | $928 | $928 | $928 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,010 | $4,226 | $5,749 |
Total Monthly Payment | $5,030 | $5,246 | $6,769 |
* 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.