BRAND NEW 8 BEDROOM 8 1/2 BATH TURNKEY FURNISHED COASTAL HOME IS AN ABSOLUTE MASTERPIECE!!! Welcome to this extraordinary home with highly desired southern exposure, presenting a luxurious opportunity in the sought-after Lido Key area. With the convenience of an elevator servicing all floors, vaulted ceilings, a rooftop terrace, 8 bedrooms, 8 full baths, and 1 half bath. Located just a block away from the pristine shores of Lido Key Beach, this property offers unparalleled accessibility, with a leisurely 2-minute stroll to the beach or a quick 4-minute bike ride to the vibrant St. Armand's Circle. Embrace breathtaking vistas from the expansive balcony, granting you a captivating preview of the finest views Lido Key has to offer, including the Gulf of Mexico and Downtown Sarasota. Picture yourself savoring coffee or cocktails while basking in the sun on the rooftop terrace, balcony, or the inviting and sun-soaked expansive patio. Exquisitely designed with meticulous attention to detail, the interior showcases a tasteful luxury coastal palette, featuring premium materials throughout. On the ground level, this residence comprises a 2-car garage, a welcoming entry foyer, and convenient access to the stairs or elevator. Stepping into the backyard, you'll discover a splendid pool with a slide, a rejuvenating spa, and a lushly landscaped covered patio with ample seating, offering an idyllic setting for private and memorable outdoor gatherings, bathed in the warmth of the southern exposure. The first level of living exudes grandeur, boasting a magnificent great room that encompasses a chef's kitchen with a sizable central island for bar top seating, an expansive living room, and a dining area. This level also accommodates four bedrooms, each with ensuite baths, providing ultimate privacy for your guests. Two of the bedrooms share a generous balcony, perfect for enjoying refreshing breezes and capturing breathtaking sunsets. The entertainment experience continues on the second level, accessible via the elevator or staircase, where you'll be greeted by a second living area featuring a convenient wet bar. An additional four bedrooms await discovery on this floor, including a master suite boasting a standalone tub, a walk-in shower, a walk-in closet, and another generous balcony offering captivating vistas of beautiful Lido Key. The second floor also presents three more bedrooms, each with ensuite bathrooms, and an additional balcony providing access to the rooftop deck, granting awe-inspiring views throughout the day, including mesmerizing sunrises and sunsets! Take advantage of this rare chance to own a coastal paradise and embrace a lifestyle of luxury and beauty on Lido Key.
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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 | $3,988,000 | $3,988,000 | $3,988,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.261% | 6.748% | 6.847% |
Monthly Tax Payment | $1,667 | $1,667 | $1,667 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $26,532 | $25,536 | $35,014 |
Total Monthly Payment | $28,324 | $27,328 | $36,806 |
* 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.