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Welcome to Lido Beach Club #102. Only two units in this complex are beachfront on the first floor. There are no lobby or elevator hassles for this unit. This first-floor private gulf-front two-bedroom, two-bath Beach home condo has had no flooding since 1974; it's where luxury meets coastal tranquility. This condo offers an unparalleled BEACHY lifestyle, blending elegance, comfort, and breathtaking waterfront views. Fresh paint hues and a massive mirrored wall magnify the high-end finishes in turquoise, blues, greens, and beige coastal charm decor. From the pillow-tile kitchen backsplash and GE Profile appliances, #102 is turnkey furnished; check out the inventory list with three newer Samsung televisions and a multitude of accessories! If you wish to use this property either as a residence or investment property, it is a formula of coastal elegance. The Rental of this property has been solid through most fall and spring seasons. Henredon and Martha Stewart master bedroom furnishings, a scattering of Annie Selke throw rugs, luxe upholstery, two new full beds and chests in the guest room, and a newly remodeled guest bath captivate the decor. Expansive light-filled sliders in the Living and Master bedroom invite you to enjoy the heated Gulf-front pool with private beach access. Your sizable private porch hosts dining and two sunbathing chaises to unwind, watch a spectacular sunset or enjoy your morning coffee. LBC has a fitness room with a sauna to maintain a healthy and fit lifestyle, a community room with a full kitchen off the main lobby, and a beach entrance grilling area. Lido Key Park is not far off, with bike trails and a kayaking area through mangroves, and on the North side of the key is an Olympic-sized pool and Lido Key blue pavilion complex. Next door to LBC is the Ritz-Carlton Beach Club with a beach bar, and it's a mere 1. 2 miles to St. Armands Circle's restaurants, boutiques, and cultural events. Lido Beach Club has the Milestone report, on-site management, and secure keyfob entry to the building and the beach. This community is more than just a place to live; it's a place to thrive! Here, the beauty of the Gulf of Mexico becomes an extension of your home, and every day is a celebration of effortless coastal luxury.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,499,000
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 | $1,199,200 | $1,199,200 | $1,199,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.250% | 6.625% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.898% | 6.739% | 6.560% |
Monthly Tax Payment | $1,066 | $1,066 | $1,066 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,384 | $7,679 | $10,364 |
Total Monthly Payment | $8,575 | $8,870 | $11,555 |
* 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.