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1212 Benjamin Franklin DRIVE, #503, Sarasota, FL, 34236 | $1,050,000
Lido Beach Club is a gulf front beach property offering water views and great amenities. This fifth floor 2 bedroom 2 bath unit has southern exposure and a 30 foot balcony with gulf and beach views from every room. Large room sizes and a split plan provide a spacious feel and privacy. This unit has been tastefully updated with porcelain tile throughout the living areas, kitchen and baths, with crown moulding, custom cabinetry, and window treatments. There are granite counters in the kitchen, breakfast bar, and both ensuite bathrooms. Impact hurricane windows and sliders provide protection and quiet tranquility. The air conditioner and water heater were replaced in 2020. Lido Beach Club has passed the building Milestone Inspection. Inside the unit there is a washer and dryer as well as laundry facilities just down the hall. This unit is being sold furnished. Lido Beach Club offers a beautiful gulf-side pool, club room, fitness center, and an onsite building manager. Conveniently located near nature trails, kayak launch at South Lido Park, shopping and dining on St. Armand’s circle, and is next door to the popular Ritz Carlton Tiki Bar. There was no damage to the unit from the hurricanes. The building did sustain damage to the pool, landscaping, and the retaining wall and fence (this also includes removal of sand). Pool reopening is planned for January. Please see the attached Condominium Rider which shows a paid assessment by the Seller for damages in the amount of $5, 328. Another is planned for January, which the Seller will pay.
Features
- Elevator: Y
- Heating: Electric
- Cooling: Central Air
- Levels: 13
- Rooms: 5
- Bedrooms: 2
- Baths: 2 full
- Laundry: Common Area, Corridor Access, Inside
- Complex: LIDO BEACH CLUB
- Year Built: 1974
- Approx Sq. Feet: 1,421
- Est. Taxes: $11,827
- Condo Fee: $4,015 Quarterly
- View: Water
- Pet Policy: No
- Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
- MLS#: A4618530
- Days on Market: 109 days
- Website: https://www.raveis.com
/prop/A4618530/1212benjaminfranklindrive_sarasota_fl?source=qrflyer
Listing courtesy of COLDWELL BANKER REALTY Phone: 941-366-8070
William Raveis Family of Services
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888.699.8876
Contact@raveis.com
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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
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Yokadi MejiaInsurance Sales Director, William Raveis Insurance
561.335.7966
Yokadi.Mejia@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
1212 Benjamin Franklin DRIVE, #503, Sarasota, FL, 34236
$1,050,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Melissa Cohn
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 |
|
|---|---|---|---|
| Loan Amount | $840,000 | $840,000 | $840,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.625% | 6.750% | 6.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.282% | 6.864% | 6.810% |
| Monthly Tax Payment | $986 | $986 | $986 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,379 | $5,448 | $7,375 |
| Total Monthly Payment | $6,490 | $6,559 | $8,486 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388