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.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,900,000
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 | $2,320,000 | $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.