No Flooding or Water Intrusion during recent storms (per Sellers) – this Island home located moments away from renowned Siesta Key Beach. Situated only a half mile from white sandy beaches of Siesta Key this island gem in SIESTA COVE beckons with its idyllic surroundings. The residence waiting for your finishing touches features 4 bedrooms, 3 full bathrooms, 2-car attached garage and a NEW ROOF in July of 2023. Nestled on a generous lot spanning 0. 43 acres with a large tropical yard and stone paver driveway, creating a welcoming entrance to a private oasis. Enter through double doors framed with glass panels on either side, greeted by a large foyer, up a few steps to a spacious open Great Room floorplan. The airy living space (above BFE) features a wood-burning fireplace and a large wall of sliding glass doors that open out onto the expansive covered deck and screen enclosed in-ground pool. Surrounded by lush vegetation, the pool area provides a sense of tranquility and privacy, an inviting space for unwinding after a day at the beach. A thoughtful layout with vinyl plank flooring throughout most of the interior. The large dining room seamlessly opens to the kitchen. Two bedrooms, each with its own en-suite bathroom and sliding doors leading out to the covered deck, offer multiple primary bedroom options. Two additional bedrooms located behind a sliding barn door share a full bathroom, ensuring ample space and privacy. The private tropical backyard retreat with lush Florida landscaping offers low-maintenance yet a visually pleasing backdrop for outdoor enjoyment. This desirable neighborhood is just a short distance from boutique shopping and restaurants of Siesta Village. Over the north bridge, just 15 minutes to Downtown Sarasota’s urban and cultural amenities, shopping, dining and entertainment. Whether as a permanent residence or a vacation retreat, create your own haven in this sought-after paradise where you’ll embrace the laid-back coastal lifestyle of Siesta Key.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,050,000
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 | $840,000 | $840,000 | $840,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.545% | 6.748% | 6.932% |
Monthly Tax Payment | $536 | $536 | $536 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,448 | $5,379 | $7,433 |
Total Monthly Payment | $6,109 | $6,040 | $8,094 |
* 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.