Sand. Sunsets. Sarasota! Rarely available direct beachfront condo at L’Elegance on Lido Beach. Take advantage of this incredible opportunity to own a piece of paradise and make it your own. Enjoy the ultimate year-round vacation lifestyle – with a gorgeous beach on the quiet end of Lido – but oh so close to dining and shopping at St. Armand’s Circle. This 2 bed 2 bath split floor plan offers a fresh palette with newly painted walls and flooring. From the moment you enter – you're enveloped with endless oceanfront views from the floor to ceiling sliders. Hardwood floors lead you to the 365 square foot balcony that spans the entire residence. Wake up to the sound of waves in the generous owner’s suite – complete with a spacious bath and walk-in closet. Guests will enjoy the privacy of their own suite with pocket door and full-sized tub. Laundry is a breeze with the full-size washer and dryer as well as extra cabinetry in the laundry room. You’ll delight in coming home at the end of the day to the beautifully updated L’Elegance lobby – a perfect spot to read a book, meet friends or enjoy the stunning water views. Looking for amenities? Get ready to soak in the heated 85-ft lap pool and spa overlooking the beach, on-site fitness center, locker rooms, sauna and tennis courts. Enjoy on-site maintenance, a building manager, security gate, underground parking and extra storage space in this pet-friendly community. Walk the beach in the morning or watch the sun sink into the Gulf of Mexico every evening – from your private balcony. Downtown Sarasota, an international dining scene, arts and cultural events, hospitals and SRQ airport are only a short drive away. Start living the Florida lifestyle - the beach is calling!
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:
$1,675,000
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 | $1,340,000 | $1,340,000 | $1,340,000 |
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 | $1,324 | $1,324 | $1,324 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,915 | $8,580 | $11,858 |
Total Monthly Payment | $10,364 | $10,029 | $13,307 |
* 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.