Presented byJackie Gantzer |
If you have dreamed of owning a condo on Lido Beach with big water views, this sixth floor, three bedroom, three bath corner residence at beautiful L’Elegance is perfect for you! Panoramic views scan the Sarasota Bay and city skyline around to the white sandy beaches and turquoise waters of the Gulf of Mexico from almost every room! A wrap around balcony and large windows and sliders give you a front row seat to the stunning backdrop! Inside the unit you will find the well-designed Brighton floor plan with three separate ensuite bedrooms, one that can be used as an office or den, and an open living/ dining area connected to the kitchen with breakfast area. A laundry room is equipped with a stackable washer/dryer and cabinets. There is plenty of closet space within the unit and additional storage areas in the building. One garage parking space and plenty of outdoor parking. Hurricane shutters were installed in 2018 for storm protection.
L'Elegance is known for its excellent property management and the wonderful amenities included with home ownership. On the premises is a fulltime property manager and staff to keep the building pristine and maintain the two community pools and spa, one that is 85 ft in length and great for swimming laps, tennis courts, fitness room, saunas, community meeting and card rooms, and kayak storage room. The community has a manned security guard from 7am to 11pm, and a building generator to keep electricity to certain areas in the building in case of a power outage. The community is in very good financial shape and the structural integrity report has been completed and there are no known assessments at this time. This is a pet friendly building, allowing two pets of any size.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,000,000
Sales Associate
William Raveis Real Estate
Phone: 239.825.3206
Jackie.Gantzer@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 | $1,600,000 | $1,600,000 | $1,600,000 |
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 | $983 | $983 | $983 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $10,915 | $10,511 | $14,270 |
Total Monthly Payment | $12,023 | $11,619 | $15,378 |
* 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.