|
COMMAND YOUR LEGACY - 143 FEET OF PRISTINE GULF FRONTAGE AWAITS YOUR VISION ON EXCLUSIVE LIDO KEY | A rare Gulf-front canvas awaits the discerning individual who is ready to craft their legacy retreat at 1215 Westway Drive, positioned on the coveted Gulf side of Lido Key within the exclusive Lido Shores enclave with its own private beach access. This exceptional cleared and construction-ready parcel presents an unparalleled opportunity to architect your vision of coastal sophistication from the ground up, commanding 143 linear feet of prime Gulf frontage with unobstructed panoramic water views and legendary Sarasota sunsets. The generous parcel size at nearly 12, 000 sq ft (. 27 acre) arrives meticulously prepared for your bespoke oceanfront estate, complete with a thoughtfully designed perimeter stone-faced wall and gates ensuring absolute privacy, professionally enhanced landscaping establishing refined curb appeal, and an approved seawall permit that will maximize both functionality and aesthetic impact of this extraordinary waterfront position. Our curated network of premier architects and custom builders stands ready to collaborate with you in realizing a residence that reflects your distinctive taste and lifestyle—whether that vision encompasses expansive entertaining spaces with walls of glass capturing endless Gulf vistas, a private wellness sanctuary, chef-caliber culinary environments, or resort-style outdoor living areas designed for the ultimate in oceanfront luxury. This is the exceptionally rare opportunity for accomplished individuals who understand that true luxury lies not in acquiring what exists, but in creating something entirely your own—a singular Gulf-front masterpiece on one of Florida's most prestigious barrier islands, where your oceanfront dream transforms from vision to reality under your direction and specification.
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:
$6,900,000
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 | $5,520,000 | $5,520,000 | $5,520,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.000% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.214% | 6.145% | 5.846% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $31,776 | $33,095 | $45,470 |
| Total Monthly Payment | $31,901 | $33,220 | $45,595 |
* 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.