Walk and bike to one of Florida’s most beautiful beaches, Sarasota’s Lido Key beach and the famous St. Armands Circle where you can find a mix of casual and fine dining, boutiques, entertainment, and shopping! Charming midcentury renovated and fully furnished pool home is located just a minute walk to the warm waters of the Gulf of Mexico. Mature tropical trees and plants surround this 4-bedroom 3 bath paradise. Located on the first floor are 3-bedrooms and 2 baths. Accessed via a breezeway with its own separate exterior entrance are guest quarters with a private, separate entrance, 1-bedroom, living area, bathroom with shower, and a washer/dryer. The mother-in-law suit can be used completelt separately on the main part of the home, balcony gives your guests a place to hang out and enjoy their own quiet space. New floors, kitchen and bathrooms on the ground floor, AC from 2021. The charming eat-in kitchen is directly off the back yard near the in-ground pool and new patio (2023). Take a quick hop over the Ringling Bridge into downtown Sarasota and enjoy the many live theatres, ballet, opera and more world class dining, shopping, and entertainment. Enjoy endless activities. Located just a couple minutes down the Key is Ted Sperling Nature Park where you can kayak the mangrove tunnels, birding, fishing, or a picnic. Continue south just a minute and you will find another gem, South Lido Public Beach. If cycling is your thing head north into Longboat and you are sure to see fellow cycling enthusiasts on the scenic bike path. This is a beach home, perfect investment property or both - live on the maln floor, rent the upstairs or vice vers. Options are limitless and the beach is just down the block…
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,400,000
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 | $1,920,000 | $1,920,000 | $1,920,000 |
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 | $1,524 | $1,524 | $1,524 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $13,098 | $12,613 | $17,124 |
Total Monthly Payment | $14,747 | $14,262 | $18,773 |
* 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.