101 S GULFSTREAM AVENUE, #16K, Sarasota, FL, 34236 | $1,275,000

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.

Features

  • Elevator: Y
  • Heating: Central
  • Cooling: Central Air
  • Levels: 16
  • Amenities: Elevator(s), Fitness Center, Lobby Key Required, Pool
  • Rooms: 7
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: Inside, Laundry Closet
  • Complex: THE 101
  • Year Built: 1974
  • Approx Sq. Feet: 1,476
  • Est. Taxes: $13,239
  • Condo Fee: $1,219 Monthly
  • Lot Desc: FloodZone, City Lot, Sidewalk
  • View: City, Water
  • Elem. School: Southside Elementary
  • Middle School: Booker Middle
  • High School: Sarasota High
  • Pet Policy: Yes
  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • MLS#: A4644695
  • Days on Market: 60 days
  • Website: https://www.raveis.com
    /prop/A4644695/101sgulfstreamavenue_sarasota_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 5/16/2025 7:32:13 PM)
Listing courtesy of MICHAEL SAUNDERS & COMPANY   Phone: 941-388-4447

William Raveis Family of Services

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.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Pedro DelgadilloInsurance Sales Director, William Raveis Insurance

305.922.5393

Pedro.Delgadillo@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

101 S GULFSTREAM AVENUE, #16K, Sarasota, FL, 34236

$1,275,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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.