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An exquisite Jewel of Contemporary Architecture with almost 180ft on Sarasota Bay with nearly endless water views. This contemporary masterpiece was designed by renowned DSDG Architect Mark Sultana and built by Voigt Brothers Construction, and it sits on over 1 acre directly on Sarasota Bay. The property is gated and Florida native and drought tolerant plantings were used to limit the amount of irrigation required. Boasting all the amenities required for luxury living, this SMART home is impressive inside and out. Large columns elevate the structure so that it provides protection from the elements and appears to float above the ground above an open air colonnade. The entire building including the roof is made of reinforced concrete construction, with addition of wood accents and pops of color for a warm overall aesthetic. The concrete roof allowed for the installation of a massive solar system, installed so that the home is fully powered and can be independent from the power grid. Enter the residence through an oversized glass pivot door and the suspended staircase with solid wood treads or the elevator will take you to the impressive main living area, which is then all on one level. The great/living room area opens onto the enormous, covered terrace through gigantic impact glass sliding doors overlooking sweeping bay views. The ultra-modern gourmet kitchen, equipped with glass sliders opening to the deck as well, is connected to the great room and can be separated by a movable wall if desired. The primary bedroom suite with attached office/study is located at the south end of the home with the best views of the Ringling Bridge. The four additional bedroom suites are located along a gallery with floor to ceiling glass walls. Each bedroom opens onto a full-length west-facing veranda with views of Sarasota Bay and Longboat Key and the bathrooms are fitted with an interior glass panel to provide water views of the Bay. The ground floor offers garage space for four vehicles, bonus room, storage space and a covered patio area overlooking the over 60ft heated wet-edge lap pool with stunning views of the Bay, Downtown Sarasota and Longboat Key. Situated in popular Indian Beach, which is also referred to as the Museum Area, because it stretches "West of Trail" just North of Downtown Sarasota along the Sarasota Bayfront to South of the Ringling Museum and Ca'd'Zan. Downtown Sarasota, Sarasota-Bradenton Int'l Airport, New College of Florida, USF Sarasota Manatee Campus, Jungle Gardens, St. Armand's Circle and Lido Beach are just a short drive away.
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Our Executive Mortgage Banker:
Our Insurance Division:
$16,500,000
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 | $13,200,000 | $13,200,000 | $13,200,000 |
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% | 6.764% | 6.726% |
Monthly Tax Payment | $10,265 | $10,265 | $10,265 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $81,275 | $84,521 | $114,986 |
Total Monthly Payment | $91,665 | $94,911 | $125,376 |
* 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.