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Presented by![]() Jennifer Thompson |
Price Improvement! Experience refined coastal living at Orchid Beach Club, a prestigious community on the southern end of Lido Key. This elegantly designed residence offers 2, 936 square feet of sophisticated beachfront living, featuring three en-suite bedrooms, spacious walk-in closets, and expansive terraces that seamlessly blend indoor and outdoor spaces. The primary suite is a true retreat, complete with private terrace access, spa-like bath with a glass-enclosed walk-in shower, soaking tub, bidet-equipped water closet, and dual vanities with a dedicated makeup area. The gourmet kitchen is perfect for both casual and formal gatherings, boasting a central island, gas cooktop, and charming breakfast nook. Designed with both luxury and practicality in mind, the home features a private elevator, soaring 11-foot ceilings, and custom finishes throughout. Elegant details such as crown molding, tile and wood flooring, and impact-rated windows and doors enhance both aesthetics and safety. Residents also enjoy the convenience of two designated under-building parking spaces and 24/7 gated security for ultimate peace of mind. Resort-Style Amenities include: State-of-the-art fitness center with sauna, steam room, massage room, beachside heated pool and spa with cabanas, a serene secret garden and dog run. The community spaces featuring a bar, catering kitchen, dining/conference room, game room, and library, two rentable guest suites for visitors and an on-site management for effortless living. This condo is ideally located near St. Armands Circle and just minutes from downtown Sarasota, Orchid Beach Club offers the perfect blend of luxurious beachfront tranquility and vibrant urban convenience. Don’t miss this incredible opportunity—schedule your private showing today!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,900,000
Luxury Properties Specialist
William Raveis Real Estate
Phone: 941.928.0790
Jennifer.Thompson@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 | $1,520,000 | $1,520,000 | $1,520,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.750% | 6.125% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.712% | 6.235% | 6.058% |
Monthly Tax Payment | $1,367 | $1,367 | $1,367 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,870 | $9,236 | $12,724 |
Total Monthly Payment | $10,362 | $10,728 | $14,216 |
* 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.