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Presented by
Jennifer Thompson |
5855 Midnight Pass ROAD, #311, Siesta Key, FL, 34242 | $689,000
Harbor Towers presents an exceptional investment opportunity, combining luxurious living with a resort-style ambiance. This condo offers two bedrooms with en-suite bathrooms and has been thoughtfully upgraded, featuring new luxury vinyl flooring and an updated kitchen with solid wood cabinets and granite countertops, providing both comfort and elegance. Despite Sarasota facing multiple storms this year, including Tropical Storm Debbie and Hurricanes Helene and Milton, Unit 311 in Harbor Towers Yacht & Racquet Club on Siesta Key remained untouched—thanks to its newly installed hurricane-impact windows and doors, which prevented any water or storm damage. All repairs have been fully paid by recent assessments. Additionally, the building has undergone all necessary repairs identified during the engineers' Milestone Inspections, further enhancing its resilience and safety. Nestled in the tropical beauty of Siesta Key, the condo boasts breathtaking water views from one of the widest stretches of intracoastal frontage. Residents enjoy an impressive range of amenities, including a state-of-the-art fitness center, two heated pools, and three lighted Har-Tru tennis courts, all designed to enhance a lifestyle of relaxation and recreation. The inclusion of conveniences like WIFI internet access, gas grills, and a boat basin further enhances the waterfront living experience, while the Island Gazebo provides a serene spot for relaxation and dolphin watching. The proximity to Siesta Key Village for shopping and dining, as well as the complimentary access to the Siesta Key Open Air Trolley, adds to the condo's appeal as both a residence and a gateway to island living. With Siesta Key's renowned beaches just moments away and Sarasota's attractions a short drive distant, residents are truly spoiled for choice when it comes to leisure activities and cultural experiences. This condo offers a unique opportunity to live and thrive in one of the world's most renowned beach destinations while still enjoying easy access to the dynamic offerings of Sarasota. It's a chance not to be missed for those seeking the best of both worlds.
Features
- Elevator: Y
- Heating: Heat Pump
- Cooling: Central Air
- Levels: 7
- Amenities: Cable TV, Elevator(s), Fitness Center, Gated, Laundry, Lobby Key Required, Pool, Recreation Facilities, Tennis Court(s)
- Rooms: 4
- Bedrooms: 2
- Baths: 2 full
- Complex: HARBOR TOWERS Y & R
- Year Built: 1976
- Common Charge: $638 Monthly
- Approx Sq. Feet: 1,165
- Est. Taxes: $6,349
- Lot Desc: FloodZone, In County, Near Marina, Sidewalk
- View: Water
- Elem. School: Phillippi Shores Elementary
- Middle School: Booker Middle
- High School: Sarasota High
- Pet Policy: Number Limit, Size Limit, Yes
- Appliances: Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator
- MLS#: A4590397
- Days on Market: 339 days
- Website: https://www.raveis.com
/raveis/A4590397/5855midnightpassroad_siestakey_fl?source=qrflyer
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Jennifer ThompsonLuxury Properties Specialist
941.928.0790
Jennifer.Thompson@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Yokadi MejiaInsurance Sales Director, William Raveis Insurance
561.335.7966
Yokadi.Mejia@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
5855 Midnight Pass ROAD, #311, Siesta Key, FL, 34242
$689,000
Jennifer Thompson
Luxury Properties Specialist
William Raveis Real Estate
Phone: 941.928.0790
Jennifer.Thompson@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 | $551,200 | $551,200 | $551,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.655% | 7.146% | 6.276% |
| Monthly Tax Payment | $529 | $529 | $529 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,760 | $3,663 | $4,648 |
| Total Monthly Payment | $4,381 | $4,284 | $5,269 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388