5780 Midnight Pass ROAD, #402B, Siesta Key, FL, 34242 | $925,000

Unquestionally Gulf & Bay is the finest beachfront complex on Siesta Key. With its 800 feet of frontage on luxurious Siesta Key Beach you will be captivated by the beautiful aqua waters and so soft crystal sands that have been the subject of “Finest” beaches over many years. This is in addition to the view of private pools, lagoon and fountains all bringing you the tropical lifestyle so cherished by residents. Step into your condo home that features custom wood kitchen cabinetry with soft close drawers, granite counters, glass lit shelving to display your treasured pieces, crown molding throughout, tray ceilings with recessed lighting and so many more welcoming features you will want to stay. Your assigned parking slot is conveniently located at base of building stairway. Gulf & Bay has many amenities which include tennis, designated pickleball courts, shuffleboard, fitness center with sauna and spa, three swimming pools, barbecue grills with picnic areas, two clubhouses one with library and kitchen facility, electric car charging stations, 24-hour security in this Guard-gated community. And for additional guests, you can rent a guest suite for up to 2 weeks. Since carport area located at B bldg is under construction please park in open parking in the C Bldg and take a nice walk through the courtyard over to B Bldg Lobby.

Features

  • Elevator: Y
  • Heating: Central, Electric
  • Cooling: Central Air
  • Levels: 7
  • Amenities: Basketball Court, Cable TV, Clubhouse, Elevator(s), Fence Restrictions, Fitness Center, Gated, Lobby Key Required, Maintenance, Pickleball Court(s), Pool, Racquetball, Recreation Facilities, Sauna, Security, Shuffleboard Court, Spa/Hot Tub, Tennis Court(s), Vehicle Restrictions
  • Rooms: 4
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: Inside, Laundry Room
  • Complex: GULF & BAY CLUB PH 2
  • Year Built: 1979
  • Approx Sq. Feet: 1,361
  • Est. Taxes: $5,490
  • Condo Fee: $5,082 Quarterly
  • Lot Desc: FloodZone, In County, Landscaped, Near Public Transit
  • View: Pool, Trees/Woods, Water
  • Elem. School: Phillippi Shores Elementary
  • Middle School: Brookside Middle
  • High School: Sarasota High
  • Pet Policy: No
  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Washer
  • MLS#: A4572370
  • Days on Market: 351 days
  • Website: https://www.raveis.com
    /prop/A4572370/5780midnightpassroad_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 5:02:13 PM)
Listing courtesy of COLDWELL BANKER REALTY   Phone: 941-366-8070

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

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5780 Midnight Pass ROAD, #402B, Siesta Key, FL, 34242

$925,000

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 Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $740,000 $740,000 $740,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.625% 6.750% 6.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.282% 6.864% 6.810%
Monthly Tax Payment $458 $458 $458
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,738 $4,800 $6,497
Total Monthly Payment $5,288 $5,350 $7,047

* 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.