Under contract-accepting backup offers. Enjoy the beach life from this eighth-floor, Gulf front condominium on Lido Key in Sarasota, Florida. Nestled between the Gulf of Mexico and Sarasota Bay, Lido Regency claims a prime piece of waterfront on south Lido Key where coastal living is on island time. Uncrowded. Pristine. Relaxed. Unwind on the beach, or walk to Ted Sperling Park and paddle through its beautiful mangrove tunnels to Sarasota Bay. This rarely available corner residence has Gulf views from every room, including a Florida room with wrap-around, wall-to-wall windows — the sunsets are spectacular! From here, you can see all the way from Siesta Key to Longboat Key, plus you can look to the east and see Sarasota Bay and the Ringling Bridge. The corner-less windows create a dual-purpose room — a full-open balcony or an enclosed Florida room. The floorplan features two bedrooms, two baths, a Florida room, and an open kitchen/great room/dining living area. The kitchen has an eat-in counter with extra storage, stainless steel appliances, and a tray ceiling. A shared utility room on the floor has an assigned storage locker, as well as a washer and dryer. The condominium comes furnished. The first-floor community space features floor-to-ceiling windows in the lobby, a fitness gym, and a social room. First-floor amenities also include shower/changing rooms, outdoor grills, and kayak/paddleboard storage. The beachside pool area features a heated pool/spa along with pool furniture. Lido Regency is a condominium with an active social lifestyle. This peaceful retreat is the perfect spot to unwind and relax by the beach. You can literally roll out of bed, ride down the elevator, and step out onto the powdery white sands of Lido Beach. The beach life, resort life and city life unite here. On one side you have a private, gated pool by the beach. On the other, it’s just one mile to the shops and restaurants of St. Armands Circle, and only four miles over the Ringling Bridge to Downtown Sarasota for more shops and restaurants, plus art galleries, farmers market, and performing arts. Free Bay Runner trolley from South Lido to St. Armands and Downtown. Life is good on the beach!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,400,000
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 | $1,120,000 | $1,120,000 | $1,120,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 7.000% | 6.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.851% | 7.115% | 7.061% |
Monthly Tax Payment | $837 | $837 | $837 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,546 | $7,451 | $9,989 |
Total Monthly Payment | $8,508 | $8,413 | $10,951 |
* 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.