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Pre-Construction. To be built. Indulge in the epitome of Gulf-front luxury living at this breathtaking estate located at 162 Emerson Drive, in the heart of Lido Key, Sarasota, FL. This stunning 5-bedroom, 5. 5-bathroom masterpiece spans over 8, 777 square feet of living space and 16, 782 total square. 135 feet of direct Gulf frontage with mesmerizing panoramic views. From the moment you step into the grand foyer, you're welcomed by the serene vistas of the Gulf of Mexico. The home features expansive living spaces with designer finishes, Control4 smart home automation, custom built-ins, and motorized Lutron blinds throughout. The main living area is a showcase of elegance with floor-to-ceiling pocket sliders framing the sparkling blue waters, a gourmet chef’s kitchen with Sub Zero and Wolf appliances, and a Gulf-front dining room perfect for entertaining.
Located just a short walk from St. Armands Circle, this estate offers the perfect blend of seclusion and accessibility to world-class dining, shopping, and entertainment. Make this Gulf-front paradise your new home today!
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$25,000,000
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
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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| Loan Amount | $20,000,000 | $20,000,000 | $20,000,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.125% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.263% | 6.259% | 6.203% |
| Monthly Tax Payment | $6,468 | $6,468 | $6,468 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $116,715 | $121,522 | $168,771 |
| Total Monthly Payment | $123,308 | $128,115 | $175,364 |
* 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.