Escape to a paradise of luxury and relaxation on the pristine, crystal sandy beaches of Siesta Key. Imagine waking up to the sound of gently crashing waves and the feeling of soft, warm sand beneath your toes. This third-floor island getaway offers the best location on Siesta Key! For those seeking ultimate relaxation, the heated pool and screened balcony with a view of the tropical courtyard provide the perfect escape. This 3rd floor condo boasts an assigned carport, weekly rentals available 52 weeks a year, 2 lighted tennis courts, a lovely clubhouse, and a gated community for all the privacy and security you desire. Siesta Breakers is designed to cater to your comfort and style, with everything from accommodating beach chairs to beautifully manicured grounds that rival any other resort-style condo on the key. The interior is light and bright, featuring a split plan bedrooms, washer & dryer and plenty of storage. An elevator adds convenience and quick access to your condo, while an accompanying storage unit provides ample space for all your beach toys. Siesta Breakers is a weekly rental complex with an on-site rental management office, making it easy to enjoy your island getaway while also having the option to generate rental income. Dining, shopping, and a marina with jet skis and fishing excursions are conveniently located across the street, while the free trolley provides easy access up and down the key every 15-20 minutes. With easy on and off access to the mainland, Siesta Key is just a 14-minute drive to downtown Sarasota and nearby St. Armands Circle, offering endless opportunities for entertainment, dining, and exploration. Give yourself the gift of paradise on Siesta Key and experience the best of luxury living on the Gulf Coast. Your dreamy island getaway awaits. All offers must be submitted on the FR/FB contract. Please use disclosures attached to listing in MLS. Buyer and/or buyer's agent to verify all measurements.
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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 | $652,000 | $652,000 | $652,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.762% | 6.036% |
Monthly Tax Payment | $733 | $733 | $733 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,175 | $4,175 | $5,725 |
Total Monthly Payment | $5,000 | $5,000 | $6,550 |
* 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.