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Discover the pinnacle of downtown Sarasota living in this impeccably maintained two-bedroom, two-bathroom turnkey furnished condo in Embassy House. Boasting breathtaking panoramic views of Sarasota Bay, the Ringling Bridge, and Bayfront Park, this residence offers an unparalleled lifestyle in one of the city’s most coveted locations. A semi-private elevator, shared with just one other resident, whisks you to the second floor, where an abundance of natural light welcomes you into the home. The open concept living area features expansive sliding windows, creating an inviting space that exudes elegance and warmth, ideal for both entertaining and everyday living. The stylish and functional kitchen and dining rooms are complete with crisp white cabinetry, stainless steel appliances, and a breakfast bar— an ideal space for taking in breathtaking Bay sunsets. The owner’s suite is a private retreat, featuring two closets with built-in storage and an en-suite bathroom with a tiled shower, tub and vanity. Both the owner’s suite and the secondary bedroom open to an oversized lanai, perfect for enjoying Sarasota’s vibrant cityscape. The second bedroom and bathroom offer guests a private and comfortable space to unwind. Additional storage is plentiful, including a dedicated closet off the living area for additional belongings. This residence showcases stunning bay views from the living, dining, and kitchen areas, while the bedrooms offer captivating city views. Embassy House has transformed its first-floor common areas, seamlessly blending modern updates with the building’s iconic mid-century modern architecture. The renovation, expertly completed by the renowned West Coast firm Sweet Sparkman, brings a fresh, sophisticated appeal to the space. Residents enjoy an array of premium amenities, including a saltwater swimming pool, fully equipped gym, car wash area, catering kitchen, herb garden, and outdoor grilling area. For effortless maintenance, quarterly condo fees cover the HVAC for the unit, washer/dryer, security, cable/internet, and water/sewer/trash. A brand-new roof, installed in February 2024, provides added peace of mind. Additional conveniences include on-site management, concierge, bike storage, an EV charging station, and an assigned covered parking space. Step outside Embassy House, and Sarasota’s finest offerings are at your doorstep. Palm Avenue’s Gallery Row, fine dining, antique shops, and luxury salons are just moments away. This location is truly unrivaled with world-class beaches, Marie Selby Botanical Gardens and all the culture and entertainment of downtown Sarasota just minutes away. This exceptional condo offers the perfect blend of luxury, location, and lifestyle. Schedule your private showing today!
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$970,000
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 | $776,000 | $776,000 | $776,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.625% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.861% | 6.727% | 6.560% |
Monthly Tax Payment | $757 | $757 | $757 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,715 | $4,969 | $6,707 |
Total Monthly Payment | $5,564 | $5,818 | $7,556 |
* 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.