Under contract-accepting backup offers. Great Investment property as short term rentals are allowed as many times per year as you want!!
Unit has never flooded or had any hurricane damage. This beautifully renovated 1-bedroom, 1-bathroom second-floor unit offers an unbeatable blend of style, comfort, and convenience. Enjoy fresh updates throughout, including stunning wood-look vinyl flooring that flows seamlessly through the open-concept floor plan. The modern kitchen features new appliances, a breakfast bar/island, and overlooks the spacious living and dining areas—perfect for entertaining or relaxing. Step outside to your private balcony, ideal for morning coffee or evening unwinding. Beyond your doorstep, you’re less than a block from the vibrant St. Armand's Circle, renowned for its world-class dining, boutique shopping, fine arts galleries, and entertainment options. For beach lovers, the pristine sands of Lido Beach are less that 2 blocks away, offering the perfect escape to sunbathe, swim, or explore. South Lido Beach Park, known for its nature trails and kayaking opportunities, is also nearby. Getting around is a breeze with the Bay Runner Trolley providing free rides to downtown Sarasota, additional beach destinations, and popular local stops. Whether you’re looking for a full-time residence or a vacation getaway, this prime location puts you at the heart of everything Longboat Key and Sarasota have to offer.
If you are looking for the Florida beach lifestyle, walking distance to restaurants, bars, entertainment, beaches, and shopping…you will love this second floor unit.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$519,900
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $415,920 | $415,920 | $415,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.425% | 7.146% | 6.276% |
Monthly Tax Payment | $414 | $414 | $414 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,732 | $2,764 | $3,508 |
Total Monthly Payment | $3,238 | $3,270 | $4,014 |
* 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.