1001 Beach ROAD, #A702, Siesta Key, FL, 34242 | $995,000

This is SO much more than “A Million Dollar View”. You’re on the top floor, seventh floor, of the West Tower at super well maintained and managed “Our House At The Beach”. The Living room and dining room have an L shape with forty six feet of sliders that look around nearly 270 degrees. You see what some think is the number one beach in the US, Siesta Key’s vast white sand, from one of your two 23 foot balconies and your living space. Continue around and see Siesta Key village in the distance, keep going and you even look East at the canal homes of the Key and then in the distance the lights and buildings of downtown Sarasota. Fourth of July from THIS location is going to be unbelievable. But there’s so much more here. Nicely updated with the same gorgeous ceramic tile on all the floors in all the rooms. The Kitchen is updated with granite and has beautiful stainless appliances including a brand new refrigerator. The kitchen features a pass through into living space and is very bright with great views too. A large primary bedroom with lots of window looking east at downtown. The 2nd bedroom has more gorgeous beach views. Two beautifully updated and appointed bathrooms. You’re short steps to all that white sand and you are near all the great shopping, dining and nightlife of Siesta Key village. And this vacation paradise helps pay for itself. It generated almost 50K in gross rental receipts in 2023 and is renting strong this year as well. And that’s with owner use too. Finding this much view in such a well kept unit could cost substantially more. Weekly rental means you get more of the year booked if you want it. The complex features 2 tennis courts and a heated pool and a covered pavilion with grilling area. Your own full size washer and dryer in your unit that are new in 2023 and 2024 as well. Picture yourself and your guests spending the day at the beach etc and then relaxing on your two huge balconies watching sunsets over the Gulf and then the lights of the city twinkling on. It has it's own premium assigned parking spot under the building too! These units rarely become available – the last sale in the West Tower was in 2020! It looks like MUCH MUCH more than a million and it costs less! Come see it before it gets away.

Features

  • Elevator: Y
  • Heating: Electric
  • Cooling: Central Air
  • Levels: 1
  • Amenities: Elevator(s), Lobby Key Required, Maintenance, Pool, Tennis Court(s)
  • Rooms: 11
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: Inside
  • Complex: OUR HOUSE AT THE BCH PH I
  • Year Built: 1981
  • Approx Sq. Feet: 1,204
  • Est. Taxes: $7,795
  • Condo Fee: $3,744 Quarterly
  • View: City, Water
  • Elem. School: Southside Elementary
  • Middle School: Brookside Middle
  • High School: Sarasota High
  • Pet Policy: Cats OK, Dogs OK
  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • MLS#: A4614044
  • Days on Market: 6 days
  • Website: https://www.raveis.com
    /prop/A4614044/1001beachroad_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 7/5/2024 1:34:04 AM)
Listing courtesy of RE/MAX PLATINUM REALTY   Phone: 941-929-9090

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

Evelio MirandaInsurance Sales Director, William Raveis Insurance

561.704.7334

Evelio.Miranda@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

1001 Beach ROAD, #A702, Siesta Key, FL, 34242

$995,000

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 $796,000 $796,000 $796,000
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 $650 $650 $650
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $5,363 $5,229 $7,099
Total Monthly Payment $6,105 $5,971 $7,841

* 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.