Experience resort-style living at the Beach Residences on Lido Beach, where luxury meets unparalleled convenience in this expansive fifth-floor oasis. Boasting the best of both worlds, this oversized residence offers the opulence and amenities of a Ritz-Carlton managed property while exuding the charm and privacy of a single-family home, complete with nearly 4, 000 square feet of interior space and two garage parking spaces. Elevating coastal living to new heights, the Estate 04 floor plan presents a panorama of breathtaking beach to bay views that extend to the iconic skyline of downtown Sarasota. Stepping off the private elevator lobby, you are greeted by a grand foyer entry that leads seamlessly into the open living area, where floor-to-ceiling glass sliders flood the space with natural light and provide a seamless indoor-outdoor connection. The heart of the home, the eat-in kitchen, is bathed in sunlight and features an island, separate breakfast bar, tile backsplash, granite countertops, planning desk, and built-in ovens. The interior is adorned with wooden flooring throughout, crown molding, high ceilings, and a dedicated den complete with a wet bar and wine cooler. This lovely residence offers three bedroom suites thoughtfully spread across the layout in a split plan configuration to maximize privacy. The primary suite is a Gulf-front sanctuary, offering a tranquil retreat with double-door entry, his/her walk-in closets, separate office or bonus space, and a lavish en-suite bathroom with dual vanities, a makeup station, and a private water closet. Two outdoor lounge spaces, one overlooking the sparkling waters of Lido Beach and the other exclusively for guest suites, provide the perfect spots to unwind and soak in the coastal ambiance. Life at the Ritz-Carlton’s Beach Residences is synonymous with luxury and unparalleled service. This community further enhances the lifestyle with amenities such as 24-hour concierge services, manned guard gate entry, a stylish clubhouse with social room, catering kitchen, lounge, library, private theatre, fitness center, outdoor deck with a heated swimming pool/spa, grills, covered dining areas, and a dedicated residential management team committed to ensuring every need is met. Elegant guest suites are also available on a first-come basis to accommodate overnight visitors. For those seeking to elevate their luxury experience, membership in the Ritz Members Club unlocks additional features such as access to the golf and beach club. Beyond the refined confines of the Ritz-Carlton, residents are just moments away from Marina Jack, trendy eateries, shopping opportunities, and the rich cultural activities of the Theater District, Van Wezel Performing Arts Hall, Ringling Museum, and the pristine Gulf beaches, ensuring that every indulgence is within easy reach.
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$4,195,000
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 | $3,356,000 | $3,356,000 | $3,356,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.625% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.444% | 6.748% | 7.366% |
Monthly Tax Payment | $2,602 | $2,602 | $2,602 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $22,047 | $21,489 | $29,698 |
Total Monthly Payment | $24,774 | $24,216 | $32,425 |
* 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.