Home & garage were both high & dry in the 2 storms and had minimal damage. Extraordinary Gated Waterfront Compound with Modern home on St Armands’ Key with 93’ of frontage on Pansy Bayou, provide endless sunsets and panoramic views of the Bayou and treelined county park on North Lido Key beyond. This 3, 951 sf home has 4 en suite bedrooms with 4½ Baths and was timelessly designed by a Prominent Modern Architect and features an open floor plan centered around a spacious great room with 17’ ceiling and a dual pane wall of glass which illuminates the entire space. The large, well appointed kitchen features top of the line Thermador appliances, including a 99 bottle wine cooler as well as 6 burner professional gas cooktop and German SieMatic cabinets. The eat in kitchen easily accommodates a table for 4 and then a much larger dining space beyond with views of the Bayou. Just off the great room is the media room with surround system with blackout curtains while the entire home has hidden speakers throughout which can be easily controlled from your phone. Dual Primary Suites with one on ground floor and the 2nd generous Primary suite is upstairs which has a glass office/den with spiral staircase to a 1, 329 sf rooftop terrace above, that has panoramic views of Pansy Bayou to downtown. The terrace has built in furniture so perfect for entertaining large groups and there is a larger 2nd stairwell from the hallway to deck as well. The home was designed to accommodate an elevator so could easily be added if needed. Outside there is a heated, 53’ lap pool, and large deck and dock with 2 newer boat lifts – 10, 000 lb and 3, 000 lb. Tons of expensive & permitted, upgrades have done recently and include a new Commercial Durolast PVC roof (2024), new 92’ of seawall & 60 x 8’ dock (2020) new 5 ton high efficiency 15. 6 Seer AC (2023) and Motorized Hurricane Shutters (2016) and more. This impeccable location is extremely walkable, so automobiles are optional. It’s only 2 blocks to St Armands’ Cir or 4 blocks to the powder white sands of North Lido Beach, while Downtown Sarasota is just over the John Ringling Bridge so less than 3 miles away, while SRQ Airport is only a $30 Uber ride away. Call now to schedule a showing of the extraordinary property before its sold.
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William Raveis Mortgage, LLC
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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 | $4,319,200 | $4,319,200 | $4,319,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.750% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.851% | 6.790% |
Monthly Tax Payment | $2,543 | $2,543 | $2,543 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $27,656 | $28,014 | $37,922 |
Total Monthly Payment | $30,324 | $30,682 | $40,590 |
* 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.