1800 Benjamin Franklin DRIVE, #A403, Sarasota, FL, 34236 | $998,000

Discover luxury beachfront living at L'Elegance on Lido Key. Enjoy a casual and inviting floor plan with panoramic views from every room. The master suite is a sanctuary of peace with its en-suite bathroom featuring dual vanities and a spacious walk-in shower. The additional bedroom offers ample space and comfort for guests. Step outside to your expansive balcony to savor the breathtaking sunrise, and the soothing breezes of Lido Beach. L'Elegance is situated on a 400-foot stretch of immaculate Lido Key and features secure underground garage parking, a storage unit, manned gated access, and on-site management. Premier amenities include a Fitness Center, Har-Tru Tennis Courts, an 85-foot heated Pool, Spa, Game Room, expansive Gulf-front deck, and a Clubhouse. This well-kept and efficiently managed building allows pets. It is ideally positioned near downtown Sarasota and St. Armands Circle. Experience the excitement of the Sarasota Opera, the Sarasota Ballet, the West Coast Symphony, the Ringling Museum of Art, and many independent theater companies. Sarasota bustles with many art galleries and antique shops. From New York bagels to elegant bistros and world-class restaurants, its marinas, and golf courses. Whether strolling on the beach, indulging in local culinary delights, or simply relaxing in the luxury of your beachfront home, L'Elegance offers an unparalleled living experience.

Features

  • Elevator: Y
  • Heating: Central, Electric, Zoned
  • Cooling: Central Air
  • Levels: 1
  • Amenities: Cable TV, Clubhouse, Elevator(s), Fitness Center, Gated, Lobby Key Required, Maintenance, Sauna, Storage, Tennis Court(s)
  • Rooms: 8
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: Inside, Laundry Room
  • Complex: L ELEGANCE ON LIDO BEACH
  • Year Built: 1996
  • Approx Sq. Feet: 1,350
  • Est. Taxes: $10,742
  • Condo Fee: $5,504 Quarterly
  • Lot Desc: City Lot, Landscaped, Sidewalk, Street Dead-End
  • View: City, Water
  • Elem. School: Southside Elementary
  • Middle School: Booker Middle
  • High School: Booker High
  • Pet Policy: Cats OK, Dogs OK, Number Limit, Yes
  • Appliances: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Freezer, Microwave, Refrigerator, Washer
  • MLS#: A4606780
  • Days on Market: 163 days
  • Website: https://www.raveis.com
    /prop/A4606780/1800benjaminfranklindrive_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 11/17/2024 8:17:09 AM)
Listing courtesy of COLDWELL BANKER REALTY   Phone: 941-383-6411

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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1800 Benjamin Franklin DRIVE, #A403, Sarasota, FL, 34236

$998,000

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 $798,400 $798,400 $798,400
Term 360 months 360 months 180 months
Initial Interest Rate** 6.750% 6.750% 6.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.333% 6.876% 6.936%
Monthly Tax Payment $895 $895 $895
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $5,178 $5,178 $7,065
Total Monthly Payment $6,165 $6,165 $8,052

* 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.