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This spacious home at gorgeous L’Elegance is an absolute must-see! Every single aspect here is updated, chic, and ready to enjoy…from the stunning & elegant kitchen and baths to the functional items (AC & water heater – 2022, NEW ROOF – 2025, NEW electrical panel - 2025), this property is gloriously move-in ready! The care and excellent management of this building is clear from the moment you arrive at the gate, where you will be greeted by a pretty pavered drive and lush landscaping. Sitting high from the road, there is an unmistakable graciousness to L’Elegance, and this is only enhanced further by the attractive lobby with an immediate view of the sparkling gulf waters beyond. Truly, there is not another building in this area with an entrance so magnificent. Amazing water views is the name of the game here, and that continues in the condo itself, where you’ll immediately see the blue waters of Sarasota Bay from the expansive windows. The bay view also allows for a lovely connection to nature, as you’ll also glimpse the treetops, and don’t forget how gorgeous the sparking lights of the Sarasota skyline are at night! The 50’ wide terrace is incredible and so much more spacious than is typical on the beaches, so there is plenty of room to enjoy the view. Inside you will love the wide & airy floor plan, which is more reminiscent of a home than condo (the opposite of that tunnel feel condos can sometimes have), and the tremendous updates throughout! The kitchen & baths were recently renovated and feature solid wood cabinetry and gleaming quartz countertops, with a sophisticated and unique mix of warm & cool tones. All new appliances (LG, Bosch, Frigidaire) and loads of storage make this kitchen one where cooking will be a delight! The entire bay side of the condo features sliding doors and a glass-railed balcony so you truly can relish in the view at all times here. And you’ll have toes in the sand immediately out the back door of the building! The pool is the largest on Lido and it is perfectly perched overlooking the beach, and the building also has a lovely fitness center and access to luxurious saunas. The location on the sands of Lido Key just a short walk from St. Armands Circle and the wonderful shopping & dining there simply can’t be beat! Two wooded parks with kayak launches are also just steps away, and you’ll love grabbing the Bay Runner Trolley for a quick trip downtown. You must see this one in person to believe it so schedule your visit today!
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Our Executive Mortgage Banker:
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$1,500,000
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 | $1,200,000 | $1,200,000 | $1,200,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.625% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.861% | 6.751% | 6.666% |
Monthly Tax Payment | $1,044 | $1,044 | $1,044 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,291 | $7,684 | $10,453 |
Total Monthly Payment | $8,460 | $8,853 | $11,622 |
* 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.