tomo logo

$8,200,000

Beds
4
Baths
4.5
sq ft
4,482

1000 Benjamin Franklin Dr Unit 608, Sarasota, FL 34236

1000 Benjamin Franklin Dr Unit 608

SARASOTA, FL 34236

  • 472 days on market
One or more photo(s) has been virtually staged. Under Construction. The Rosewood Residences, Lido Key the first stand-alone condominium residences bearing the prestigious Rosewood name. Offering a limited collection of 65 stunning private residences located on 3.5 acres of one of the most treasured beaches on the West coast of Florida with 235 feet of beach frontage. The 11-story design by Miami based Swedroe Architecture with interiors spaces thoughtfully designed by Lillian Wu Studios of NYC. Offering 24-hour concierge, valet parking and bespoke owner services by Rosewood Resorts. Residence #608 features 4 bedrooms, 4.5 baths plus den with 4,482 square feet perfect for entertaining. Dramatically organized around an expansive island and an inviting wet bar warmed by sunny southern exposure. As the private elevator doors open to the grand salon, the floor to ceiling windows provide a spectacular view of the Gulf of Mexico. The southern tip of Siesta Key can be seen in the distance. Three ensuite bedrooms plus a spacious den ensuring owners and guests privacy. The owner bedroom continues the views even further, with a full wall of floor to ceiling windows and glass door leading out to your expansive terrace. Imagine waking up to this view and enjoying a cup of coffee from the morning bar without having to leave your owner suite. No detail overlooked in the expansive kitchen Wolf, Sub-Zero, Waterworks plumbing fixtures, Rocky Mountain hardware and Irpinia cabinets with a multitude of finish choices. Grab your favorite vintage from your 65-bottle Sub Zero wine tower as the chef in your life creates their masterpiece on the outdoor summer kitchen with built in gas grill. The residence is a perfect location for entertaining and offers a separate service galley with second refrigerator, oven, and dishwasher a perfect space for catering or a dinner prepared by your onsite chef and delivered by the in-residence dining team. The 46,900 square foot amenity level offers an intimate, private club atmosphere surrounded only by family and friends. The spaces are perfect for gathering or quiet escape. Only 65 owners, your experience will be as private as it will be luxurious. Lavish amenities include a private Bistro dining option, a world-class fitness center with options for private training and yoga, two outdoor pools, private cabanas, day beds, towel, food, and beverage service. The wellness spa is a haven for relaxation with hot and cold plunge pools, salt and steam room and private massage rooms. The social lounge, serving morning coffee, is a wonderful place to start the day. The other amenities include a game room, a nine seat private theater and six generously sized guest suites allowing owners’ family and friends to enjoy the pleasures of this private resort. The Beach club with chair and umbrella service also includes an outdoor pursuits program including kayaking and standup paddle boards. Rosewood’s philosophy a “Sense of Place” redefines the concept of residential hospitality by creating experiences that are authentic, original, and deeply personal by offering impeccable service and unparalleled attention to detail.

Details

Property type

Condominium

Est. home value

$437,917

Property condition

Under Construction
New Construction

Lot size

Unknown

Price per sq ft

$1,830

Year built

2024

HOA

Yes

Price History

08/08/2023
StellarMLS

StellarMLS #A4577812

Listed
$8,200,000

Schools & Community

Neighborhood: 

Lido Key

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Fitness Center, Pool, Sidewalks

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$7,355,608
Asking price
$8,200,000
Closing costs (~8% of asking)
-$656,000
Est. remaining loan balance
-$188,392
Cash to seller
$7,355,608

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Paramount Residential Mortgage Group Inc

Loan start date

November 2020

Original loan amount

$245,700

Est. remaining balance

$188,392

Interest rate

2.35%

Loan type

New Conventional, 15 year

Seller

Dayana Morales and Edgar Morales

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 11/22/2024 at 11:20 AM

Listing updated: 11/14/2024 at 11:06 AM

Listed by: Van Osborne, RONTO REALTY LLC Phone #: (941) 888-3131

MLS: StellarMLS #A4577812

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