Auction Property. Imagine sipping your morning coffee as you gaze out over the shimmering Sarasota Bay from your sprawling 50-foot terrace while your northern friends shovel snow. This is not just any morning; this is the beginning of every day in your 3-bedroom, 3-bath penthouse condo at l'Elegance on Lido. As you move from room to room, the views shift—from full bay panoramas to the tranquil waters of the Gulf from your side terrace. It's like living in a postcard, only this scenic escape can be your everyday reality. The amenities here are as fabulous as the views. There's no need for a gym membership when you have a fitness center and dry sauna right at your doorstep. Serve up some style on the tennis courts or try your hand at pickleball. And with underground parking and a guarded gate, every return home feels like a VIP experience. Just a stone's throw from your front door, St. Armands Circle awaits with its chic boutiques, gourmet eateries, and entertainment. It's the perfect playground for an evening stroll or a night out with friends. This condo isn’t just a place to live—it’s a piece of paradise. Make it yours and embrace a life where every day feels like a luxurious vacation. After all, shouldn't life be as beautiful as a sunset over the Gulf? At L'Elegance on Lido, it absolutely can be.
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:
$2,600,000
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 | $2,080,000 | $2,080,000 | $2,080,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.620% | 6.735% | 6.806% |
Monthly Tax Payment | $885 | $885 | $885 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $13,491 | $13,318 | $18,262 |
Total Monthly Payment | $14,500 | $14,327 | $19,271 |
* 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.