1750 Benjamin Franklin DRIVE, #2G, Sarasota, FL, 34236 | $995,000

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!

Features

  • Elevator: Y
  • Heating: Central, Electric
  • Cooling: Central Air
  • Levels: 13
  • Rooms: 6
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: Common Area, Corridor Access, Laundry Room, Same Floor As Condo Unit
  • Complex: KEY TOWER SOUTH
  • Year Built: 1970
  • Approx Sq. Feet: 1,548
  • Est. Taxes: $7,098
  • Condo Fee: $1,129 Monthly
  • Lot Desc: FloodZone, Landscaped, Sidewalk
  • Pet Policy: No
  • Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator
  • MLS#: A4615372
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/A4615372/1750benjaminfranklindrive_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 7/2/2024 10:04:54 PM)
Listing courtesy of MICHAEL SAUNDERS & COMPANY   Phone: 941-951-6660

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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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1750 Benjamin Franklin DRIVE, #2G, Sarasota, FL, 34236

$995,000

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 $796,000 $796,000 $796,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 7.000% 6.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.838% 7.141% 7.082%
Monthly Tax Payment $592 $592 $592
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $5,363 $5,296 $7,099
Total Monthly Payment $6,047 $5,980 $7,783

* 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.