Extraordinary residence at the ORCHID BEACH CLUB…Renovated, designed and furnished by award-winning designer Sally Trout. Ideally situated in one of the area’s most coveted locations, Lido Beach, with breathtaking panoramic views that stretch from the Gulf of Mexico to Sarasota Bay & the downtown Sarasota skyline. Meticulously designed & turnkey furnished, the nearly 3, 000 sq. ft. of living space exudes sophistication and elegance. The grand foyer, accessed through a private elevator lobby, leads into a regal living area featuring extraordinary detailing. Three expansive terraces enhance the allure of this home, providing ample space for outdoor living and taking full advantage of the stunning views. The spacious living room features full height sliding doors leading to the main terrace, offering additional lounging, dining options, & gas grill. The chef’s kitchen has ample custom cabinetry, beautiful quartzite countertops & backsplash, top-of-the-line appliances, including Wolf 6-burner gas range, Wolf convection steam oven, Wolf built-in wall oven, Miele coffee maker, Cove dishwasher & Sub-Zero refrigerator. The breakfast bar & adjoining breakfast nook with built-in dry bar provide casual seating. Double doors lead to the grand primary suite, with views of the Gulf, terrace access, 2 outfitted walk-in closets, morning bar, spa-inspired ensuite bathroom with separate vanities, a large walk-in shower & freestanding soaking tub. Two additional bedrooms (one outfitted as an office); each with direct access to terraces, & two beautifully finished full baths. Just a few of the designer features; custom built-ins in all closets, stylish light fixtures & recessed lighting w/Lutron wireless home control, 24” porcelain tile flooring, all upgraded cabinetry, custom drapes & shades (some remote closing), beautiful furnishings & original art, & whole-house water filtration system. Two spacious parking spaces convenient to elevator. Orchid Beach Club is a private, resort-style community with only 54 residences in two residential buildings, 24/7 guarded gate entrance & concierge. World-class amenities include a beach-side heated pool & spa with cabanas, a fully equipped clubhouse with social rooms, game room, library, fitness center, saunas, & 2 beautifully appointed guest suites for visiting family and friends. A pet-friendly community w/ private dog run. Located just minutes from St. Armand's Circle & downtown Sarasota, Orchid Beach Club offers a serene, private retreat while providing easy access to shopping, dining, and cultural attractions. Sophisticated but comfortable Florida living.
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Our Executive Mortgage Banker:
Our Insurance Division:
$3,750,000
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 | $3,000,000 | $3,000,000 | $3,000,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.625% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.209% | 6.750% | 6.664% |
Monthly Tax Payment | $2,387 | $2,387 | $2,387 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $19,209 | $19,209 | $26,133 |
Total Monthly Payment | $21,721 | $21,721 | $28,645 |
* 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.