2050 Benjamin Franklin DRIVE, #B603, Sarasota, FL, 34236 | $2,900,000

Indulge in the epitome of coastal elegance with this extraordinary residence at Orchid Beach Club, offering breathtaking panoramic views that stretch from the Gulf of Mexico to Sarasota Bay, capturing the entire southern tip of Lido Key. Boasting nearly 3, 000 square feet of meticulously designed living space, this residence features three en-suite bedrooms, a spacious great room, a charming breakfast room overlooking the azure waters, and an eat-in chef's kitchen complete with a gas cooktop. Three generously sized balconies enhance the allure of this home, providing the perfect vantage point to soak in the stunning vistas. Elegance abounds with crown molding, tile and wood flooring, and impact-rated windows and doors that seamlessly blend beauty with functionality. Enjoy the convenience of two designated parking spaces and elevate your outdoor gatherings with a stainless gas grill on the main balcony. Orchid Beach Club stands as a pinnacle of Gulf-front living, offering a suite of unparalleled amenities. Residents revel in a beachside heated pool & spa, complete with cabanas, a dedicated dog run for furry companions, lush courtyards, and a guarded gate entrance for utmost security. The club level, adorned in world-class island sophistication, features a large social room with a bar, an exquisite dining/conference room equipped with a full catering kitchen, a game room, a library, a spacious fitness center, and rentable guest suites. Impeccable concierge service and on-site management ensure a lifestyle of utmost convenience and luxury. Nestled on the serene southern end of Lido Key, Orchid Beach Club provides an oasis of privacy while still being just moments away from the vibrant culinary, shopping, and entertainment scenes of St. Armands Circle and downtown Sarasota. This is not just a residence; it's a gateway to a life of coastal splendor and sophistication. Seize this opportunity to make Orchid Beach Club Barbados your home and experience the pinnacle of Gulf Coast living.

Features

  • Elevator: Y
  • Heating: Central
  • Cooling: Central Air
  • Levels: 11
  • Amenities: Clubhouse, Elevator(s), Fitness Center, Gated, Maintenance, Pool, Recreation Facilities, Security, Spa/Hot Tub
  • Rooms: 10
  • Bedrooms: 3
  • Baths: 3 full
  • Laundry: Inside, Laundry Room
  • Complex: ORCHID BEACH CLUB RESIDENCES
  • Year Built: 2005
  • Approx Sq. Feet: 2,936
  • Est. Taxes: $31,198
  • Condo Fee: $13,616 Quarterly
  • Lot Desc: CoastalConstruction Control Line, FloodZone, Landscaped, Near Golf Course, Near Marina, Near Public Transit, Sidewalk
  • View: Park/Greenbelt, Water
  • Pet Policy: Number Limit, Yes
  • Appliances: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Refrigerator, Washer
  • MLS#: A4632803
  • Days on Market: 0 day
  • Website: https://www.raveis.com
    /prop/A4632803/2050benjaminfranklindrive_sarasota_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 12/18/2024 9:47:09 PM)
Listing courtesy of PREMIER SOTHEBYS INTL REALTY   Phone: 941-364-4000

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NMLS Mortgage Loan Originator ID 16953

917.838.7300

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2050 Benjamin Franklin DRIVE, #B603, Sarasota, FL, 34236

$2,900,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 $2,320,000 $2,320,000 $2,320,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.750% 6.500% 6.500%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.606% 6.622% 6.680%
Monthly Tax Payment $2,600 $2,600 $2,600
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $15,047 $14,664 $20,210
Total Monthly Payment $17,772 $17,389 $22,935

* 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.