New price! An excellent value for Siesta Key waterfront! A waterfront haven; unwind and embrace the essence of coastal living in this spacious four-bedroom, 3. 5-bath island sanctuary. On prime boating water leading to the bay and Intracoastal Waterway, this tastefully renovated home is effortless Florida living at its best. Endless outdoor adventures from boating to kayaking to paddle boarding, fishing, or simply basking in the sun-drenched poolside splendor, this residence offers a gateway to many aquatic activities. Its premier location is ideal for savoring the best of boating and beachside relaxation. This home boasts a fabulous second primary bedroom suite and garage addition in 2015 that speak to a refined Florida lifestyle. An open and inviting main level floor plan effortlessly flows from the foyer to the great room, connecting seamlessly with the spacious, well-appointed kitchen featuring granite countertops, custom wood cabinets and stainless appliance, a haven for casual entertaining. Travertine tile flooring graces the main level, hosting a primary bedroom suite, two guest bedrooms, an office, a full laundry room and well-appointed baths. Ascend to the second level and discover the crown jewel, a primary suite oasis complete with a bonus room, luxurious bath, deluxe walk-in closets, a dedicated washer and dryer, and a balcony offering water vistas. Spend leisurely days by the oversized pool, embraced by a paver deck, or find solace under the shaded comfort of the lanai. The property boasts an expansive fenced yard, a 10, 000-pound boat lift, and lush tropical landscaping bordered by majestic royal palms, an outdoor haven. A short ride by boat to Sarasota Bay and the Intracoastal Waterway, the home also offers easy access to Siesta Village’s charming boutiques and restaurants, while the world-renowned quartz sands of Siesta Beach beckon for sunset strolls, an iconic Siesta Key experience. Easy access to Sarasota’s vibrant downtown scene, indulge in urban amenities and cultural hotspots like the Ringling Museum, the Sarasota Farmers Market, and the allure of St. Armands Circle for upscale shopping and dining experiences. This coastal haven offers an unparalleled opportunity to live the carefree beach lifestyle you've always envisioned, where every day feels like a serene escape into paradise.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,150,000
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 | $1,720,000 | $1,720,000 | $1,720,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.875% | 6.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.851% | 7.014% | 7.082% |
Monthly Tax Payment | $787 | $787 | $787 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $11,588 | $11,299 | $15,340 |
Total Monthly Payment | $12,500 | $12,211 | $16,252 |
* 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.