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Highly sought-after rare opportunity in St. Armands Towers North: Discover unparalleled Gulf-front living in this exquisitely remodeled, upper-level condominium on the 11th floor! This residence offers a once-in-a-lifetime chance to own a beautifully updated condo in an iconic locale with direct views of the Gulf, where every room and the expansive private balcony offers a front-row seat to spectacular sunsets. Meticulously remodeled, this stunning 2-bedroom condo encapsulates a luxurious and low-maintenance Lido Key lifestyle. The interior highlights a blend of style and functionality with coastal-contemporary design and high-end upgrades throughout. The open floorplan seamlessly connects the living areas, designed to maximize the incredible water views. The completely upgraded gourmet kitchen features new lighting, cabinetry, countertops, an island, and all new appliances including an Italian induction cooktop with large oven, which enhances your cooking experience. The elegant primary suite offers a private sanctuary with enviable views of the Gulf, Lido beach, Pansy’s Bayou, and Sarasota Bay to downtown, with lead-glass French doors, crown molding, black-out shades, generous walk-in closet, updated ensuite bath with dual sinks, water closet with high-end Toto toilet, and a full-size stackable washer/dryer to complete the space. Designed for full-body relaxation, the luxurious spa-style shower room is the ultimate experience, with a separate seating area. An additional bedroom with Gulf views is an ideal space for guests with built-in shelving and a Murphy bed. Updates include new air conditioning, electrical panel, and hurricane sliders and windows. In addition, all window openings have electric hurricane shutters, offering peace of mind. The St. Armands Towers North community provides a worry-free living experience, having completed all required structural reviews, exterior painting, replacement of the roof, and common area doors and windows. Residents can indulge in a resort-like lifestyle with fantastic amenities, including a heated pool, exercise room, library, and beautiful newly remodeled community room. The well-managed community also includes an onsite maintenance supervisor and office manager, plus the reserves are fully funded. Location is everything, and this condo delivers the ultimate Florida lifestyle directly across from the sugar-white sands of Lido Beach, and just one block from the vibrant St. Armands Circle, you are steps away from world-class boutiques and award-winning restaurants. A free local shuttle with a stop nearby provides convenient transport directly to downtown Sarasota, allowing you easy access to explore the area's rich cultural offerings. Enjoy sophisticated, maintenance-free coastal living at one of Lido Key’s most desirable addresses!
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.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,490,000
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 | $1,192,000 | $1,192,000 | $1,192,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 5.875% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.165% | 6.007% | 5.952% |
| Monthly Tax Payment | $862 | $862 | $862 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $6,768 | $7,051 | $9,898 |
| Total Monthly Payment | $7,755 | $8,038 | $10,885 |
* 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.