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5830 Midnight Pass ROAD, #109, Siesta Key, FL, 34242 | $750,000
Rarely available updated 2 bedroom/2 bath income producing Siesta Key gem! Turnkey ready for occupancy as your own island lifestyle retreat or a lucrative rental investment. Its perfectly located on the beach/gulf side. Going out the back door takes you to a private path to stroll directly to Jamaica Royale’s exclusive Siesta Key beach entrance where you can soak up the sun, bask in the warm waters of the Gulf or take in the beauty of the Siesta Key sunsets. The complex has 3 heated pools, shuffleboard, gas grills, tiki huts and lots of green space to relax and enjoy the key life style. Your private patio serves to further enhance the Siesta Key experience where you can dine or unwind after a day on the beach. Inside is light and bright with a flowing open floor plan that boasts modern coastal style with distressed driftwood furniture, wood plantation blinds throughout, all wood beveled shaker cabinets, sparkling quartz countertop with a mosaic backsplash, newer appliances and country ash luxury vinyl flooring. Bathrooms have been remodeled with new tile showers, pendant lighting and fixtures. The unit is equipped with a full size in unit washer and dryer. To add to the convenience is the two deeded carport parking spaces right outside the front door so no parking hassle. In addition to being down the path from the #1 Beach, you are a couple miles from Siesta Key village shopping, dining & entertainment. Downtown Sarasota, St Armands Circle, University Town Center are just a short car ride away. With reservations in place for the summer and upcoming season, you can self manage or there is an onsite management team that can make your vacation rental ownership experience profitable & trouble free. Check out this great opportunity to own the island lifestyle.
Features
- Heating: Electric
- Cooling: Central Air
- Levels: 1
- Rooms: 4
- Bedrooms: 2
- Baths: 2 full
- Laundry: Inside
- Complex: JAMAICA ROYALE
- Year Built: 1970
- Common Charge: $4,888 Quarterly
- Approx Sq. Feet: 921
- Acreage: 2.54
- Est. Taxes: $6,952
- Elem. School: Phillippi Shores Elementary
- Middle School: Sarasota Middle
- High School: Riverview High
- Pet Policy: Yes
- Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
- MLS#: A4609292
- Days on Market: 1 day
- Website: https://www.raveis.com
/prop/A4609292/5830midnightpassroad_siestakey_fl?source=qrflyer
Listing courtesy of FUSION MANAGEMENT & REALTY GRP Phone: 941-809-3404
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.
Customer Service
888.699.8876
Contact@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
5830 Midnight Pass ROAD, #109, Siesta Key, FL, 34242
$750,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $600,000 | $600,000 | $600,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
| Monthly Tax Payment | $579 | $579 | $579 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,992 | $3,988 | $5,145 |
| Total Monthly Payment | $4,663 | $4,659 | $5,816 |
* 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