1212 Benjamin Franklin DRIVE, #607, Sarasota, FL, 34236 | $1,140,000

A special beach home can be all yours. New to the market with stunning Southern exposure from the sixth level ensures this split two-bedroom en-suite condominium will bathe you with plentiful natural light. There are picturesque views over the Gulf and to the South, with Eastern views of the twinkling lights in mainland Sarasota from the large balcony and main bedroom in the evening. This tastefully appointed unit has been totally updated and is being sold turnkey furnished, granite counters abound, and all the windows and doors have been replaced with hurricane and energy-rated standards. The Lido Beach Club has always been known as a very well-maintained community, the Milestone Inspection has been concluded and a copy is available, included is an on-site manager Monday through Friday in a secure building. The amenities include a heated beach front pool with tiki areas, gated beach entrance, an outdoor grilling area, and a new outdoor fire pit for chilly evenings. There is also a well-equipped fitness room, library, social room with a full kitchen, bicycle, and beach equipment storage, in addition to storage on your living level. Covered owner parking is included with plenty of guest parking available. Washer and dryer are permitted inside the unit and the plumbing hook-ups are installed, there is also a large laundry room on each floor. Of course, you have all that Lido and St. Armands offer from shopping and dining on the Circle or a visit to South Lido Park with kayaking, picnics, or hiking the nature trails. Downtown Sarasota is a short 4-mile drive, or if you prefer, hop on for a free ride on the Bay Runner.

Features

  • Elevator: Y
  • Heating: Electric
  • Cooling: Central Air
  • Levels: 13
  • Amenities: Clubhouse, Elevator(s), Fitness Center, Laundry, Lobby Key Required, Pool, Recreation Facilities, Storage, Vehicle Restrictions
  • Rooms: 4
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: Corridor Access, Laundry Room, Outside
  • Complex: LIDO BEACH CLUB
  • Year Built: 1974
  • Approx Sq. Feet: 1,421
  • Est. Taxes: $11,376
  • Condo Fee: $4,015 Quarterly
  • Lot Desc: City Lot
  • View: City, Water
  • Pet Policy: No
  • Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator
  • MLS#: A4590874
  • Days on Market: 161 days
  • Website: https://www.raveis.com
    /prop/A4590874/1212benjaminfranklindrive_sarasota_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 5/14/2024 9:17:09 PM)
Listing courtesy of MICHAEL SAUNDERS & COMPANY   Phone: 941-383-7591

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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1212 Benjamin Franklin DRIVE, #607, Sarasota, FL, 34236

$1,140,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 $912,000 $912,000 $912,000
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% 7.014% 7.041%
Monthly Tax Payment $948 $948 $948
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $6,221 $5,991 $8,134
Total Monthly Payment $7,294 $7,064 $9,207

* 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.