BEST VIEW in The Moorings! Located on the south end of Siesta Key in a community of only 17 condos, this waterfront condo has private docks where you can moor a boat year-round! Lots of natural light spills into this condo as it sits directly on the intercoastal with a partial view of the gulf just beyond. Watch paddle boaters and kayaks enthusiasts' activity from your generously sized enclosed balcony. Additionally, the planned layout of this charming community provides much more privacy on your exterior balcony. Kitchen has bar area and room for eat in table and chairs, and there is a washer and dryer in unit. This two-bedroom 2 bath with exterior private storage room and brand-new carport is new on the rental market for an annual lease. Turtle beach is an easy walk, and locals love it, or just walk across the street to Opehila's for happy hour libations or a waterfront dinner. Catch the free trolley right in front on Midnight Pass Rd, which takes you to stops including the extremely popular North and South Villages, with shopping, casual and upscale restaurants, marina, and more Siesta Key beaches. New owners are planning extensive renovation in the future but has been put on hold awaiting restoration project in community. One small dog 25 pounds or less is permitted. This is a great opportunity to live where seasonal guests pay up to $10K and more to stay at The Moorings each month during season.
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William Raveis Real Estate
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Contact@raveis.com
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 | $2,636 | $2,636 | $2,636 |
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 | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $18 | $18 | $22 |
Total Monthly Payment | $93 | $93 | $97 |
* 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.