Modern marvel overlooking New Pass in Lido Shores! Step into this tropical escape through the hidden courtyard that connects the three-bedroom main home to the secluded, two-bedroom guest house with an expansive sundeck, 60-foot wet-edge lap pool lined with royal palms and unique fire bowls, as the perfect introduction to a contemporary masterpiece designed by DSDG Architect Mark Sultana and built by Voigt Brothers Construction. The exceptional concept behind this custom “picture frame” estate combines a sleek and innovative design with warm and comforting features, inspired by Sarasota’s School of Modern Architecture and the international modern architecture of Brazil. Boasting all the amenities required for luxury living, this SMART home’s inspired style highlights spectacular water views that stretch out to the Gulf of Mexico from just about every room of the nearly 6, 600 square-foot interior, and you will instantly love the 360-degree vistas from the private rooftop terrace made of teak wood decking and putting green turf. Impressive features inside and out include maple wood, terrazzo, and porcelain tile (with a glass finish) flooring, gas fireplaces, custom built-ins, four-stop elevator, Lutron lighting system, gorgeous bathrooms with stone-top floating vanities, four new air-conditioners (2022), three gas tankless water heaters, and oversized four-car garage. As you enter the main residence through glass double doors, the suspended staircase with solid maple treads is backed by a modular art wall made of wavy plastered panels that create an impressive waterfall effect. Volume ceilings and walls of floor to ceiling impact glass sliders to the west and east ensure rooms are bright and airy. Guests can enjoy the first level, offering a gym, sauna, two bedroom suites with waterfront terrace access, studio with wet bar, and office. The reverse-style layout places the main living areas on the second level, optimizing the best of the views. The open concept of this level comprises the gourmet kitchen with its poured terrazzo waterfall edge island and Miele appliances, as well as the family room, living/dining room, and secluded master suite. Stacked glass sliders create a seamless transition to outdoor living, opening to the glass-railing terrace, summer kitchen, built-in grill, and spiral staircase that leads down to the waterside hot tub. Boaters will appreciate the deep-water dock with multiple lifts, newer seawall (2011), plus the direct, unobstructed access to the Gulf from New Pass. Walk to enjoy Lido Shores’ gated, private beach as a splendid finishing touch.
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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 | $11,196,000 | $11,196,000 | $11,196,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.875% | 6.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.877% | 6.977% | 7.041% |
Monthly Tax Payment | $6,137 | $6,137 | $6,137 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $76,376 | $73,550 | $99,852 |
Total Monthly Payment | $82,638 | $79,812 | $106,114 |
* 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.