1800 Benjamin Franklin DRIVE, #A405, Sarasota, FL, 34236 | $1,700,000

Sand. Sunsets. Sarasota! Rarely available direct beachfront condo at L’Elegance on Lido Beach. Take advantage of this incredible opportunity to own a piece of paradise and make it your own. Enjoy the ultimate year-round vacation lifestyle – with a gorgeous beach on the quiet end of Lido – but oh so close to dining and shopping at St. Armand’s Circle. This 2 bed 2 bath split floor plan offers a fresh palette with newly painted walls and flooring. From the moment you enter – you're enveloped with endless oceanfront views from the floor to ceiling sliders. Hardwood floors lead you to the 365 square foot balcony that spans the entire residence. Wake up to the sound of waves in the generous owner’s suite – complete with a spacious bath and walk-in closet. Guests will enjoy the privacy of their own suite with pocket door and full-sized tub. Laundry is a breeze with the full-size washer and dryer as well as extra cabinetry in the laundry room. You’ll delight in coming home at the end of the day to the beautifully updated L’Elegance lobby – a perfect spot to read a book, meet friends or enjoy the stunning water views. Looking for amenities? Get ready to soak in the heated 85-ft lap pool and spa overlooking the beach, on-site fitness center, locker rooms, sauna and tennis courts. Enjoy on-site maintenance, a building manager, security gate, underground parking and extra storage space in this pet-friendly community. Walk the beach in the morning or watch the sun sink into the Gulf of Mexico every evening – from your private balcony. Downtown Sarasota, an international dining scene, arts and cultural events, hospitals and SRQ airport are only a short drive away.

Start living the Florida lifestyle - the beach is calling!

Features

  • Elevator: Y
  • Heating: Central
  • Cooling: Central Air
  • Levels: 1
  • Amenities: Gated, Lobby Key Required, Maintenance, Sauna, Storage, Tennis Court(s)
  • Rooms: 9
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: Laundry Room
  • Complex: L ELEGANCE ON LIDO BEACH
  • Year Built: 1996
  • Approx Sq. Feet: 1,350
  • Est. Taxes: $15,888
  • Condo Fee: $5,504 Quarterly
  • View: Water
  • Pet Policy: Yes
  • Appliances: Built-In Oven, Cooktop, Dishwasher, Disposal, Electric Water Heater, Freezer, Microwave, Washer
  • MLS#: A4603048
  • Days on Market: 13 days
  • Website: https://www.raveis.com
    /prop/A4603048/1800benjaminfranklindrive_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 11:02:09 PM)

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Katelin RoselloSales Associate

203.507.6553

Katelin.Rosello@raveis.com

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Brian SkellyVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 793093

203.415.2989

Brian.Skelly@raveis.com

Our Executive Mortgage Banker:

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Our Insurance Division:

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1800 Benjamin Franklin DRIVE, #A405, Sarasota, FL, 34236

$1,700,000

Katelin Rosello

Sales Associate

William Raveis Real Estate

Phone: 203.507.6553

Katelin.Rosello@raveis.com

Brian Skelly

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 203.415.2989

Brian.Skelly@raveis.com

NMLS Mortgage Loan Originator ID 793093

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,360,000 $1,360,000 $1,360,000
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 $1,324 $1,324 $1,324
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $9,278 $8,934 $12,129
Total Monthly Payment $10,727 $10,383 $13,578

* 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.