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This unit comes with a REDUCED RATE as low as 4. 99% (APR 5. 52%) as of 02/12/2026 through List & Lock™. This is a seller paid rate-buydown that reduces the buyer’s interest rate and monthly payment. Terms apply, see disclosures for more information. Rare first-floor, 2-bedroom, 2-bath fully furnished unit in Kingston Arms located directly behind St. Armands Circle and just one block to Lido Key Beach. This walkout unit is extremely rental friendly and is ideal for primary use, vacation home, or income-producing investment. The condo features many brand-new items like kitchen cabinets, quartz counters, major appliances, couches and more. Open living area, two full bedrooms each with their own en-suite, and a functional layout make it highly desirable for both owners and guests. Ideal location within the complex as the lanai does not face the busy interior community area but rather faces the picturesque Monroe Dr. making for a relaxing outdoor retreat. However, your front door sits just two units away from the community pool entrance making it easy to lounge and bask in the Florida sun. Community amenities include heated pool, heated spa, outdoor shower, outdoor bathroom, assigned and covered parking and private assigned storage. Unmatched proximity to dining, shopping, beach access, and free trolley transportation to downtown Sarasota. Hurricane rated triple slider and windows! 2025 water heater. 2023 Roof. 2021 AC Handler. 7 Miles to Sarasota SRQ and under 60 miles to Tampa TPA. Short drive to neighboring Anna Maria Island and Siesta Key Too! Easy to show!
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Our Executive Mortgage Banker:
Our Insurance Division:
$750,000
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 |
|
|---|---|---|---|
| Loan Amount | $600,000 | $600,000 | $600,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 5.990% | 5.125% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.137% | 6.132% | 5.396% |
| Monthly Tax Payment | $614 | $614 | $614 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,360 | $3,593 | $4,784 |
| Total Monthly Payment | $4,066 | $4,299 | $5,490 |
* 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.