This is the first time this unit is being offered for sale in over 45 Years. An end unit with Western and Southern exposures allowing for tremendous natural light. This two bedroom, 2 bath great room design features an oversized Florida room. This spacious unit is just over 1300 square feet including the glass enclosed lanai. All new impact windows and full light door wraparound this room. A highly desirable first floor walk out with easy access to the heated pool, clubhouse, beach deck and Lido Beach. The unit had flood damage during Hurricane Helene. It is being sold as-is. It has been remediated. It offers two storage units for all of your beach toys and a covered parking space. The community has limited amenities currently. The pool, beach deck, clubhouse and Fairway building will all be restored. The price reflects the current condition. Here’s an opportunity to own a place at the beach. You can renovate it to your own liking. Lido Harbour South is the last condominiums located on Lido. It’s also one of the first condos built allowing this property a prime location. It's just steps to the Bay Runner trolley system to transport you to and from Downtown Sarasota as well as St Armand's Circle. Ted Sperling Park is right out the entrance of this gated boutique condo. Enjoy kayaking or paddle boarding through the mangrove tunnels, a stroll though the nature park, stop at the Pass to see the Dolphins play, the Manatees graze, protected Terns as well as Skimmers and an occasional Sea Turtle nest. This place represents the saying. . . if your are Lucky enough to be here. . . . You are Lucky enough. Don't miss the opportunity to own a piece of paradise.
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NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $420,000 | $420,000 | $420,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.551% | 7.159% | 6.276% |
Monthly Tax Payment | $145 | $145 | $145 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,794 | $2,791 | $3,542 |
Total Monthly Payment | $3,031 | $3,028 | $3,779 |
* 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.