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A Rare, Value-Driven Hamptons Ocean Alternative Value-drenched and meticulously renovated, this luxurious light drenched fifth-floor one-bedroom ensuite at Lido Beach Towers presents a rare opportunity to enjoy an elevated coastal resort lifestyle—offering the feel of coveted Hamptons ocean beaches with exceptional convenience, just 41. 7 miles from Manhattan. Thoughtfully updated with timeless style and effortless functionality, this home features a spacious bedroom en-suite with custom California Closet solutions, a chic powder room for guests, and sun-filled open-concept living and dining framed by expansive windows. The upscale galley kitchen is beautifully appointed with contemporary wood cabinetry, Bosch suite appliances, undercounter Perlick refrigeration, and a pass-through to the dining area—creating a seamless space for entertaining. A private balcony overlooking the pool and open water completes the experience, offering the perfect place to enjoy morning coffee or evening sunsets. Originally built in 1928 as the ultra-exclusive Lido Club Hotel, affectionately known as “The Pink Lady, ” this iconic architectural landmark was designed by Senator William H. Reynolds in timeless Spanish-Moorish style. Set on 13. 5 pristine oceanfront acres, Lido Beach Towers has evolved from a glamorous Roaring Twenties playground for Hollywood elites into one of the coastline’s most distinctive beachfront communities—often described as the “American Riviera. ” Residents enjoy a true resort lifestyle with a Luxurious Lobby outfitted with 24 hour security, gatehouse access and dedicated parking. No need for a gym membership with this state-of-the-art fitness center with yoga/barre studio and private tennis & pickleball courts. Private white-sand beach with direct ocean access, an Olympic-sized heated pool, beautifully maintained dune-front grounds, outdoor BBQ and dining areas, secure gatehouse access. Enjoy expansive spaces to work at home in the library with a gas fireplace and game rooms with ping pong and billiards, a private party room, and commercial kitchen—bringing everyday convenience and recreation together in one extraordinary setting set with nearby golf set amongst all the best Long Island has to offer all moments away. This turnkey residence offers the perfect blend of historic grandeur, modern luxury, and effortless coastal living. Whether you are seeking a chic pied-a-terre, a refined beach escape, a year-round primary residence, this exceptional home delivers unmatched value and an iconic oceanfront lifestyle—commuting distance to Manhattan, yet a world away.
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Our Executive Mortgage Banker:
$630,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
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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 | $504,000 | $504,000 | $504,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.615% | 5.952% |
| Monthly Tax Payment | $366 | $366 | $366 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,019 | $3,182 | $4,185 |
| Total Monthly Payment | $3,477 | $3,640 | $4,643 |
* 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.