St Armands Towers North - this West/Southwest-facing 9th floor condo offers DIRECT LIDO BEACH VIEWS from nearly every room. Designed with entertaining in mind, this spacious 1, 389 sq. ft. condo with 2-bedrooms and 2-full baths features an open floorplan that compliments the breathtaking wide-open water views. A private 280 sq. ft. GULF-FRONT balcony overlooking the pool brings the outdoors in, and is accessible from sliding doors in the living room and both bedrooms. Great for gatherings, the kitchen opens to the living and dining areas and features a breakfast bar, plenty of storage, and granite counters. The spacious primary suite is a sanctuary with captivating views of Lido Beach, an ensuite bath and generous walk-in closet. Sure to charm guests, the additional bedroom offers spectacular waterfront views, and is conveniently adjacent to the 2nd bathroom. There is a washer/dryer connection in the unit and a covered carport space is included, with a private storage closet. A landmark on Lido Key, St Armand Towers North boasts one of Sarasota’s most iconic locations one block from St Armands Circle’s many shops and restaurants, and directly across from Lido Beach. The island resort lifestyle is ingrained in this well managed community with amenities that include a heated pool with Gulf Views, exercise facility, community room/library, onsite maintenance supervisor, and a full-time office manager. Whether you appreciate leisurely pursuits like shopping and dining on the Circle, strolling the sugar-white sands of Lido Beach, or you prefer to seek adventure-packed bicycling, kayaking, or paddleboard excursions, this ultimate location offers it all nearby, and is just around the corner from the free-trolley stop to downtown Sarasota. Enjoy island living at its finest in the heart of Lido Key, with endless beach views, and easy access to all that Sarasota has to offer!
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$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
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,192,000 | $1,192,000 | $1,192,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.750% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.333% | 6.876% | 6.936% |
Monthly Tax Payment | $1,116 | $1,116 | $1,116 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,731 | $7,731 | $10,548 |
Total Monthly Payment | $8,972 | $8,972 | $11,789 |
* 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.