Introducing a St Armands Coastal Retreat with Timeless Elegance. DOUBLE CORNER LOT, almost 1/2 acre, offers incredible investment potential. Step into your dream home located in one of the most desirable areas in Sarasota, around the corner from St. Armands Circle and close to Lido Beach and the Gulf of Mexico. This FURNISHED and stunning 3-bedroom, 3-bathroom residence offers the perfect location for coastal serenity. As you enter, be captivated by the open concept living and dining rooms adorned with a breathtaking vaulted ceiling, creating an inviting and spacious atmosphere. This home boasts not only a pool for leisurely dips but also sits on an extra-large corner lot, providing ample space for outdoor enjoyment. The glass-enclosed den and sunroom add a touch of sophistication, allowing you to bask in natural light while enjoying the lush surroundings.
The oversized 2-car attached garage ensures convenience and security for your vehicles. Convenience meets leisure with this property's prime location – just a stroll away from the vibrant St. Armand’s Circle and a short distance from the pristine shores of Lido Beach. Embrace the coastal lifestyle with the convenience of having everything at your fingertips. Key Features include 3 bedrooms, 3 full bathrooms, open concept living and dining rooms with stunning vaulted ceiling, pool on an extra-large corner lot, glass-enclosed den and sunroom, and an oversized 2-car attached garage. Recent updates to the home include: new roof 2022, new pool pump 2024, new AC and air handler
2022, new water heater 2023, new washing machine 2023 and refrigerator 2018. Immerse yourself in the charm of Lido Key, where luxury living meets coastal convenience. Don't miss the opportunity to make this residence your own private oasis within reach of Sarasota's finest offerings.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,350,000
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 | $1,880,000 | $1,880,000 | $1,880,000 |
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 | $1,984 | $1,984 | $1,984 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $12,825 | $12,350 | $16,767 |
Total Monthly Payment | $14,934 | $14,459 | $18,876 |
* 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.