Welcome to your own piece of paradise in the rarely available Key Towers South. This stunning corner unit features 2 bedrooms, 2 bathrooms and offers the perfect combination of luxury and beachside living. Generously proportioned living spaces complement the floorplan and the light that filters through the condo. The entry foyer leads down a hall to a large, updated kitchen complete with Granite countertops, solid wood cabinetry and a Bosch dishwasher as well as plenty of storage and a breakfast bar. Two custom bookcases flank the living room, creating a spacious flow that opens onto the dining room, with large windows offering views of the Gulf of Mexico. The primary bedroom is a true retreat, with a walk-in closet and en-suite renovated bathroom featuring a double vanity and a large walk-in shower. The second bedroom is perfect for hosting guests or as a home office, complete with a full bathroom just steps away. The enclosed lanai with electric fireplace is the perfect spot to enjoy the morning sunlight with your coffee or take a short stroll to the white sandy beaches of South Lido Beach just moments away. This condo also offers access to a private pool and fitness center for your enjoyment. Take comfort in the security of impact resistant windows, one covered parking space and the benefit of a newly renovated lobby, to be completed by the 4th quarter of 2024, fully paid for by the sellers before closing. Located on Lido Key, you'll have easy access to all the shopping, dining, and entertainment options that Sarasota has to offer, with close proximity to St. Armands Circle and the vibrant downtown. Don't miss out on this excellent value and rare opportunity to own a piece of paradise on Lido Key!
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Our Executive Mortgage Banker:
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$995,000
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 | $796,000 | $796,000 | $796,000 |
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 | $592 | $592 | $592 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $5,163 | $5,163 | $7,044 |
Total Monthly Payment | $5,847 | $5,847 | $7,728 |
* 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.