5855 Midnight Pass ROAD, #201, Siesta Key, FL, 34242 | $491,000

Grab your flip flops, beach towel and live the Siesta Key Dream! Spectacular Opportunity to own your private Harbor Tower Yacht & Racquet Club 1BD/1BA condo, plus 1 assigned parking space. 2024 HVAC. 2023 water heater. Updated Kitchen & Bath. Stunning travertine floors throughout. Quarterly fee $1421 includes basic cable, water, sewer, trash, tennis courts, marina, fitness, community pool and many more Community amenities. You will adore the “mid key” location! You can Hop the Island Trolley or Walk to all Siesta Key “Hot Spots”! Restaurants, shopping, the one and only Siesta Key Beach! The rental policy is a minimum of 2 weeks to 6 months. You can enjoy the condo for your personal use or rent it out. Rental Income Potential! There is an onsite rental manager if you wish to place the condo into the “rental pool” or handle the rental details yourself. Rent roll available upon request. The condo offers the BEST view of the pool, marina and intercoastal. The floor plan has a lovely flow. You will appreciate the full size kitchen appliances, cabinet storage and broad granite countertops. The living area offers comfortable seating and a futon for additional guest. From the living / dining areas you have easy access to the enclosed Florida room and primary bedroom. A separate door from the Florida room opens to your private Balcony. All furnishings, dishes, televisions, kitchen appliances, including microwave remain with the property. Harbor Towers Yacht and Racquet Club was developed and designed to enhance ultimate resort living. You can be busy, busy or relax & chill. A broad variety of onsite amenities are available; grilling patio, Club room, Har-Tru tennis courts and social activities. Being a waterfront beach resort fishing, boating and kayaking are also available. Check with the onsite office for details. Here is your best of the best opportunity to own your place on Siesta Key, schedule your tour today.

Features

  • Elevator: Y
  • Heating: Central
  • Cooling: Central Air
  • Levels: 7
  • Amenities: Cable TV, Clubhouse, Elevator(s), Fitness Center, Gated, Laundry, Maintenance, Pool, Recreation Facilities, Sauna, Security, Storage, Tennis Court(s), Vehicle Restrictions
  • Rooms: 6
  • Bedrooms: 1
  • Baths: 1 full
  • Laundry: Common Area
  • Complex: HARBOR TOWERS Y & R
  • Year Built: 1976
  • Approx Sq. Feet: 751
  • Est. Taxes: $4,350
  • Condo Fee: $1,421 Quarterly
  • Lot Desc: Cleared, In County, Landscaped, Level, Near Public Transit
  • View: Pool, Water
  • Elem. School: Phillippi Shores Elementary
  • Middle School: Brookside Middle
  • High School: Sarasota High
  • Pet Policy: Cats OK, Dogs OK, Yes
  • Appliances: Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Range Hood, Refrigerator
  • MLS#: T3546472
  • Days on Market: 52 days
  • Website: https://www.raveis.com
    /prop/T3546472/5855midnightpassroad_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 11:17:08 AM)
Listing courtesy of BROCK REALTY INC.   Phone: 941-313-1234

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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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5855 Midnight Pass ROAD, #201, Siesta Key, FL, 34242

$491,000

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 $392,800 $392,800 $392,800
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 $363 $363 $363
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,613 $2,611 $3,313
Total Monthly Payment $3,050 $3,048 $3,750

* 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.