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Luxury Penthouse with Breathtaking Views in the Heart of Downtown Sarasota. Experience the pinnacle of Sarasota living in this stunning penthouse at The 101 Condominium, offering unobstructed, panoramic views of the city skyline, Sarasota Bay, and the Gulf of Mexico. This rare corner-unit, two-bedroom, two-bathroom residence is bathed in natural light, boasting expansive terrace space that wraps around the unit; perfect for soaking in breathtaking sunsets and the twinkling city lights at night. Perched directly across from Marina Jack’s, this exceptional home provides floor-to-ceiling views of the bay, the iconic Ringling Bridge, and beyond. The recently renovated building now features clear glass railings exclusive to penthouse units, further enhancing the "wow" factor of the vistas. Start your morning watching sailboats drift across the bay, and unwind in the evening with a glass of wine as the sunset paints the sky in mesmerizing hues. Inside, this beautifully remodeled penthouse exudes sophistication and comfort. The open floor plan is adorned with exquisite tile flooring, crown molding, and automated shades, creating a seamless blend of contemporary style and functionality. The chef’s kitchen is a masterpiece, featuring sleek quartz countertops, top-of-the-line appliances, and ample storage, ideal for both casual dining and entertaining. Both bathrooms have been exquisitely upgraded with designer tile work and modern finishes. Additional highlights include walk-in closets, custom built-ins, and a private patio for enjoying Sarasota’s unparalleled beauty. The 101 Condominium is a premier residence that has recently undergone an $8 million modernization project, including a newly designed lobby and extensive structural upgrades. Residents enjoy a host of resort-style amenities, including a heated swimming pool and grill area, a state-of-the-art gym and yoga room, a library and movie theater, an elegant social room, and dedicated concierge and on-site maintenance staff. For peace of mind, The 101 has successfully passed its milestone inspections and is nearing completion of an exterior stucco replacement and painting project, ensuring long-term value and security for residents. Nestled in Sarasota’s most walkable neighborhood, this residence puts you steps away from world-class dining, boutique shopping, and cultural attractions. Stroll to Palm Avenue’s celebrated Gallery Row, the Bayfront Park, and Island Park, or take a short drive to Lido Key’s pristine beaches. Additional features include assigned secure garage parking, a private storage unit, and a pet-friendly community. This penthouse offers a rare opportunity to own a luxury residence in one of Sarasota’s most coveted locations at a fraction of the cost of nearby multi- million-dollar properties. Don't miss your chance to experience the finest in downtown waterfront living. Schedule your private showing today.
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Our Executive Mortgage Banker:
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$1,275,000
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 | $1,020,000 | $1,020,000 | $1,020,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.250% | 6.625% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.911% | 6.739% | 6.686% |
Monthly Tax Payment | $1,103 | $1,103 | $1,103 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,280 | $6,531 | $8,885 |
Total Monthly Payment | $7,508 | $7,759 | $10,113 |
* 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.