A special beach home can be all yours. New to the market with stunning Southern exposure from the sixth level ensures this split two-bedroom en-suite condominium will bathe you with plentiful natural light. There are picturesque views over the Gulf and to the South, with Eastern views of the twinkling lights in mainland Sarasota from the large balcony and main bedroom in the evening. This tastefully appointed unit has been totally updated and is being sold turnkey furnished, granite counters abound, and all the windows and doors have been replaced with hurricane and energy-rated standards. The Lido Beach Club has always been known as a very well-maintained community, the Milestone Inspection has been concluded and a copy is available, included is an on-site manager Monday through Friday in a secure building. The amenities include a heated beach front pool with tiki areas, gated beach entrance, an outdoor grilling area, and a new outdoor fire pit for chilly evenings. There is also a well-equipped fitness room, library, social room with a full kitchen, bicycle, and beach equipment storage, in addition to storage on your living level. Covered owner parking is included with plenty of guest parking available. Washer and dryer are permitted inside the unit and the plumbing hook-ups are installed, there is also a large laundry room on each floor. Of course, you have all that Lido and St. Armands offer from shopping and dining on the Circle or a visit to South Lido Park with kayaking, picnics, or hiking the nature trails. Downtown Sarasota is a short 4-mile drive, or if you prefer, hop on for a free ride on the Bay Runner.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,040,000
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 | $832,000 | $832,000 | $832,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.762% | 6.036% |
Monthly Tax Payment | $948 | $948 | $948 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,327 | $5,327 | $7,305 |
Total Monthly Payment | $6,400 | $6,400 | $8,378 |
* 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.