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This one could be on the next episode of HGTV Cheap A$$ Beach Houses! WEEKLY rentals permitted!
Discover vintage Florida charm in this ground-level villa at Pelican Gardens on Lido Key. Tucked in a small, mid-century style complex that’s becoming harder to find, this efficiency unit offers everything you need for a relaxed getaway.
Inside, you’ll find a kitchenette, full bath, and cozy open living space—ideal for weekend escapes or seasonal retreats. Step outside to your private courtyard, waiting for your personal touch, and enjoy the convenience of parking right outside your door.
The community features a sparkling pool, laundry facilities, and pet-friendly atmosphere, all just a short stroll to the sandy beaches of Lido Key or Ted Sperling Park, where you can kayak through winding mangrove tunnels.
Hop on your bike and explore St. Armand's Circle with its vibrant dining, shopping, and entertainment—or enjoy the revitalized energy of Sarasota’s coastal lifestyle right at your doorstep. Whether for a weekly getaway or seasonal escape, this is a rare opportunity to own a piece of Florida’s retro beachside history.
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:
$275,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $220,000 | $220,000 | $220,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.375% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.407% | 6.577% | 5.986% |
| Monthly Tax Payment | $272 | $272 | $272 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,319 | $1,373 | $1,827 |
| Total Monthly Payment | $1,666 | $1,720 | $2,174 |
* 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.