L’Elegance is a beautiful, gated community located directly ON THE GULF OF MEXICO specifically on Lido Key a barrier island, in Sarasota, FL. Lido Key is viewed as a more private beach that is more relaxing from tourists who come from around the world to visit. 1800 Ben Franklin Drive, B809. 2, 230 (+/-) sq ft plus 340 sq ft of outdoor space. Expansive and unobstructed views of the Gulf of Mexico, downtown Sarasota, and Sarasota Bay. 2 bedrooms & den, 2. 5 bathrooms. This floor plan is the largest plan in the building. An open living/dining area with high ceilings, and floor-to-ceiling glass sliders with direct water views. The immense cook’s kitchen with a wrap-around bar area has a wine refrigerator, beverage cooler, stainless steel appliances, double ovens, plenty of counter space, an abundance of storage, and a breakfast nook. The preferred split floor plan with en-suites for everyone to have privacy and access to the balcony from your room.
Enjoy sunrises from your east facing balcony overlooking Sarasota Bay and the city. Delight in the ever changing sunsets from the west facing gulf balcony. The main suite has an enormous wrap-around walk-in closet, it is a must-see! The renovated main bathroom includes double sinks and a huge linen closet. The flex space next to the kitchen is perfect for a den or home office. A separate laundry room with a full-size stackable washer & dryer, storage, and counter space. L’Elegance offers resort amenities including an 85’ lap pool which is heated year-round, a spa with Gulf views, a wading pool, two Har-Tru tennis courts, and a gym with dry saunas in both men’s and women’s locker rooms. Other amenities include underground assigned parking, a security guard at the gate, onsite maintenance staff, and wireless internet access throughout the common area. Storm shutters included.
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Our Executive Mortgage Banker:
Our Insurance Division:
$3,599,000
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 | $2,879,200 | $2,879,200 | $2,879,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.375% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.209% | 6.498% | 6.579% |
Monthly Tax Payment | $1,390 | $1,390 | $1,390 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $18,436 | $17,962 | $24,884 |
Total Monthly Payment | $19,951 | $19,477 | $26,399 |
* 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.