1255 E Peppertree DRIVE, #506, Siesta Key, FL, 34242 | $725,000

YOU HAVE THE BEST OF BOTH WORLDS WITH THIS UNIT, THE VIEW TO THE EAST AND THE PRIVATE BEACH TO THE WEST! As you walk into the dining/living area you will automatically be sent into a different energy with this mesmerizing view! View to the East, North and South; As you greet each day overlooking the Intracoastal Waterway; you will watch the sun as it begins to rise with the life that comes alive on this flowing waterway; sipping on your choice of the day; and as night time falls the City lights will twinkle under your watchful eye. Unit Owners are sad to leave, but duty calls elsewhere. Owners have told me that the joy of the view is never ending, the wildlife, the boating traffic, the sun coming up each day a different rising, and the best viewing for 4th of July celebration (fireworks viewing up and down the waterway across the mainland, downtown and never having to leave your home, now that is heaven). Not much to do in this unit, kitchen, baths, flooring, cove molding, windows, paint, washer, dryer, dishwasher, granite counters, thermostat, water heater, move in ready and maintained beautifully by these owners. Where else can you get a supersized utility room! Parking is under the building with your secured elevator also out of the weather. The Buildings' roof line is new, as well new hallway carpet, new generator, and exterior painting and waterproofing was just completed on this building. Two heated pools, clubhouses, tennis/pickle ball, fitness center, lush landscape, onsite management. This complex is a true gem when it comes to Siesta Key. Quick Closing No Tenants Here Move Right In!

Features

  • Elevator: Y
  • Heating: Electric
  • Cooling: Central Air
  • Levels: 1
  • Amenities: Cable TV, Fitness Center, Pickleball Court(s), Pool, Recreation Facilities, Sauna, Security, Tennis Court(s), Vehicle Restrictions
  • Rooms: 5
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: Inside, Laundry Room
  • Complex: PEPPERTREE BAY I
  • Year Built: 1972
  • Approx Sq. Feet: 1,163
  • Est. Taxes: $4,995
  • Condo Fee: $1,165 Monthly
  • View: Water
  • Elem. School: Phillippi Shores Elementary
  • Middle School: Brookside Middle
  • High School: Sarasota High
  • Pet Policy: No
  • Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Range Hood, Refrigerator, Washer
  • MLS#: A4560019
  • Days on Market: 519 days
  • Website: https://www.raveis.com
    /prop/A4560019/1255epeppertreedrive_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 9/22/2024 9:17:08 AM)
Listing courtesy of WATERSIDE REALTY LLC   Phone: 941-346-7454

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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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1255 E Peppertree DRIVE, #506, Siesta Key, FL, 34242

$725,000

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 $580,000 $580,000 $580,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.125% 6.125% 4.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.483% 6.273% 5.268%
Monthly Tax Payment $416 $416 $416
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,524 $3,524 $4,584
Total Monthly Payment $4,032 $4,032 $5,092

* 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.