Welcome to your slice of beach paradise in the heart of Sarasota! Step outside to sink your toes into the powdery sands of world-famous Lido Beach or take a leisurely stroll into St. Armand’s Circle for dining and boutique shopping. This prime corner location offers a rare blend of privacy and sunshine, with just a single shared wall and the benefit of two windows that fill the primary suite with natural light. The split two-bedroom floorplan is perfect for hosting friends and family, providing your guests with a spacious bedroom and their own private bath. The primary suite is designed for both comfort and function, featuring a large walk-in closet with custom built-in storage, an ensuite bath complete with a washer and dryer, and ample space for a work desk or cozy reading nook. The open kitchen boasts granite countertops, a wine cooler, and plenty of storage—ideal for entertaining and extended visits. The open living/dining area flows seamlessly onto the screened-in patio, perfect for savoring sunsets during happy hour. For your peace of mind, the unit features newer hurricane impact windows and sliding doors (2021), a new water heater, and a recently replaced roof (via the association). The condo sits comfortably above the beach on the second level with easy access via stairs or elevator to the community pool, fitness room and clubhouse. An assigned covered parking spot and secure private storage area provide the comforts of home, right on the beach. Nestled among multi-million-dollar properties, the Lido Ambassador stands out with its stunning beach access as the closest beachfront condo to iconic St. Armand’s Circle. For a vacation-like experience any day of the week, simply step next door to the Lido Beach Resort Tiki Bar or the 8th-floor “Drift” restaurant, where phenomenal views across the beach and skyline await—both open to the public. You really cannot find a better beachfront value nested in the heart of Sarasota’s most popular attractions. This property is offered turnkey furnished and is ready for immediate occupancy, so you can embrace the beachfront lifestyle without delay. Schedule your tour today!
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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 | $751,200 | $751,200 | $751,200 |
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 | $617 | $617 | $617 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,935 | $4,810 | $6,647 |
Total Monthly Payment | $5,644 | $5,519 | $7,356 |
* 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.