1125 Lake House CIRCLE, #C112, Siesta Key, FL, 34242 | $695,000

BREATHTAKING WATERFRONT CONDO WITH PANORAMIC LAKE VIEWS LOCATED ACROSS THE STREET FROM SIESTA KEY BEACH! This stunning condo is everything you have been looking for. The high ceilings, large sliding glass doors and bi-level floor plan gives this home a light, bright and open feeling. When you walk in you will be pleasantly surprised by the space and view that the living room has to offer. Perfect for you to host family and friends and the large sliding glass door bring in tons of natural light and leads out to your balcony that looks over the beautiful lake. The kitchen is completely updated with granite counter tops, stainless steel appliances, and tons of cabinet and counter space. In the kitchen you will also find your in-side washer and dryer closet. The master bedroom features plenty of space for a king sized bed, private access to your balcony and a large walk-in closet. The master bathroom is also completely updated and offers a large walk-in shower and extra dressing space. The second bedroom also offers plenty of space and second bathroom features updated countertops along with a tub and shower combo. Downstairs, the oversized 1 car GARAGE has plenty of additional storage for your beach gear, bikes, paddleboards, golf clubs and other toys. This property is perfect for your beach get away or great investment with rental projections over $55k. This home is already set up with Our House at the Beach’s short term rental program and has several leases already in place for next winter season. The community also comes with access to a heated pool, tennis courts, BBQ grills and pavilion. Water, sewer and cable TV are all included in the HOA fee. All of this is located across the street from the world-famous Siesta Key Beach, Siesta Key village with plenty of restaurants, night clubs and shopping!

Features

  • Heating: Central
  • Cooling: Central Air
  • Levels: 2
  • Amenities: Pool
  • Rooms: 4
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: Inside, Laundry Closet
  • Complex: OUR HOUSE AT THE BCH PHII
  • Year Built: 1981
  • Approx Sq. Feet: 1,352
  • Est. Taxes: $6,852
  • Condo Fee: $3,744 Quarterly
  • View: Water
  • Elem. School: Phillippi Shores Elementary
  • Middle School: Brookside Middle
  • High School: Sarasota High
  • Pet Policy: Breed Restrictions, Size Limit
  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
  • MLS#: A4617715
  • Days on Market: 70 days
  • Website: https://www.raveis.com
    /prop/A4617715/1125lakehousecircle_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 11/2/2024 1:17:09 PM)
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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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1125 Lake House CIRCLE, #C112, Siesta Key, FL, 34242

$695,000

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 $556,000 $556,000 $556,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.551% 7.159% 6.276%
Monthly Tax Payment $571 $571 $571
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,699 $3,695 $4,689
Total Monthly Payment $4,362 $4,358 $5,352

* 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.