5750 Midnight Pass ROAD, #504, Siesta Key, FL, 34242 | $5,500

**BOOKED JANUARY THROUGH MARCH 2025** INCREDIBLE SOUTHWESTERN GULF VIEWS OVERLOOKING WORLD FAMOUS SIESTA KEY BEACH! ** This rarely available 3-bedroom unit located in the E building which is one of the most desirable locations in the Gulf and Bay Club due to it's proximity to the beach access point, has been fully updated and has the INSANELY GORGEOUS view you've been looking for! Inside you'll find a spacious, wide-open floorplan, a massive master suite, and a kitchen designed to make the pickiest of culinary aficionados green with envy - there's even a full-sized laundry room. This home is light, bright, open, airy, and perfect for a Siesta Key beach getaway! It's well maintained and in excellent condition. ** COMMUNITY FEATURES: Gulf and Bay Club is one of Siesta Key's most popular condo communities. Its park-like grounds are immediately adjacent to Siesta Key Beach's main public access, so it's easy to take a quick morning stroll down the nicest part of the beach; there's also plenty to do on-site with three heated pools, a hot tub, two clubhouses, eight tennis courts, media facilities, private beach access, and a commercial grade fitness center. **RENT PRICES: (JANUARY - APRIL: $8, 400/month), (MAY - SEPTEMBER: $5, 500/month), (OCTOBER - DECEMBER: $6, 500/month).

Features

  • Type: Condominium
  • Rooms: 1
  • Bedrooms: 3
  • Baths: 2 full
  • Year Built: 1984
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 1,335
  • Acreage: 5.83
  • View: Water
  • Elem. School: Phillippi Shores Elementary
  • Middle School: Brookside Middle
  • High School: Sarasota High
  • Pet Policy: No
  • Appliances: Convection Oven, Cooktop, Dishwasher
  • Lease Terms: Short Term Lease
  • MLS#: A4518565
  • Days on Market: 1087 days
  • Website: https://www.raveis.com
    /prop/A4518565/5750midnightpassroad_siestakey_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 11/21/2024 4:32:18 PM)
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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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5750 Midnight Pass ROAD, #504, Siesta Key, FL, 34242

$5,500

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $4,400 $4,400 $4,400
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.477% 7.159% 6.296%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $29 $29 $37
Total Monthly Payment $104 $104 $112

* 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.