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Experience the pinnacle of island living in this exquisite 3-bedroom, 3-bath penthouse at Villa di Lancia, a prestigious Gulf-front enclave on Longboat Key. One of only 38 residences in this gated, resort-style community, this rare offering boasts a 195 sq ft balcony with sweeping Gulf views—plus glimpses of Sarasota Bay and the downtown skyline. Meticulously maintained by the original owner and offered turnkey furnished, pride of ownership is evident throughout, and the timeless layout invites your vision for contemporary updates. The views from the main living area and primary suite are simply breathtaking, and there is a large covered portion of the balcony to provide shade if needed. The unit has a natural gas fireplace and cooktop, solid core doors, wood cabinetry and stone counters throughout, and a ceiling height of 9’ 9”. The second bedroom has a walk in closet and ensuite bathroom, plantation shutters, and expansive views across the golf course to Sarasota Bay. The third bedroom is currently used as a den, but could be easily restored to a third bedroom. It also has golf course and bay views. The kitchen is well designed with shaker style cabinetry, granite countertops, a central island with pull out drawers and a planning desk, but there is good potential to expand or reimagine as desired. Villa di Lancia residents enjoy direct beach access, lushly landscaped grounds, a staffed gatehouse, and an impressive suite of amenities: har-tru tennis courts (also striped for pickleball), a fitness center, sauna, resort-style pool, hot tub, and elegant clubhouse for social gatherings. Onsite property management, maintenance, and concierge-level services ensure carefree living. Just minutes from the world-class shopping and dining of St. Armands Circle and the vibrant arts scene of Downtown Sarasota, Villa di Lancia offers the perfect blend of privacy, luxury, and convenience. This unit has one assigned garage parking space which is deep enough to fit two vehicles and a private storage unit. EV charging station on site.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,580,000
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 | $2,064,000 | $2,064,000 | $2,064,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.250% | 6.625% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.911% | 6.764% | 6.601% |
Monthly Tax Payment | $2,313 | $2,313 | $2,313 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $12,708 | $13,216 | $17,980 |
Total Monthly Payment | $15,146 | $15,654 | $20,418 |
* 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.