Stunning 10th-floor residence at L'Elegance on Lido Key! Experience luxurious coastal living in this captivating 10th-floor residence at L'Elegance, one of the most prestigious buildings on Lido Key. Featuring panoramic water views of Sarasota Bay and the shimmering downtown skyline, this updated home offers an unparalleled blend of elegance and comfort. The high-end finishes throughout the residence enhance its refined ambiance. The expansive balcony, spanning the length of the unit, is perfect for entertaining or simply savoring the breathtaking scenery. The primary suite features a beautifully renovated bath and a generously sized walk-in closet, while the versatile second bedroom, complete with a queen-sized Murphy bed, enjoys access to the extra-large balcony and stunning views. L'Elegance offers world-class amenities, including 24-hour gated security, two lighted Har-Tru tennis courts, an on-site management office, a fitness center, saunas, spa, a children's pool and an Olympic-size heated saltwater pool overlooking the beach. Residents also enjoy an elegant lobby, an under-building garage parking spot and climate-controlled storage. Located directly on Lido Beach and just moments from the dining and shopping delights of St. Armands Circle, this pet-friendly property offers an extraordinary lifestyle.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,495,000
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 | $1,196,000 | $1,196,000 | $1,196,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.625% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.274% | 6.723% | 6.932% |
Monthly Tax Payment | $1,144 | $1,144 | $1,144 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,957 | $7,658 | $10,584 |
Total Monthly Payment | $9,226 | $8,927 | $11,853 |
* 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.