SUPERB DAILY VACATION RENTAL on the world-famous SIESTA KEY known for sugar sand beaches, fine dining, excellent shopping, tons of nightlife and entertainment in Siesta Key Village. Cobalt blue waters are just across the street with a gated and deeded access to the sand where you can spend your day swimming, sunning and building castles on this perfect island on the gorgeous Gulf of Mexico. SEA CLUB II is unique in that it allows daily rentals and is right on the Intercoastal Waterway and walking distance to the beach. All unit owners can self-manage or choose their own rental agent. This is a very busy and successful vacation rental, and a buyer is welcome to continue with the services and the rentals that are on the books. Turnkey furnished and ready for your guests this one bedroom, one bathroom is decorated in a coastal style and has everything needed to go to the beach and have fun! Walk out the door and jump on the free trolley and head down to the Village to grab drinks and dinner or go shopping at one of the many wonderful local shops. From parasailing to boating, or paddle boarding be as active as you like or just grab a book and head out back to the lawn overlooking the ICW and read and relax under a big shade tree. The onsite pool is newer and truly resort like with spectacular water views and a tiki hut and bar for dining and party sized grills if you want to dine poolside. The fishing pier is also newer and a great place to relax and catch your dinner. The boat basin was just updated and is wonderful to use for boating or kayaking. The Adirondack chairs on the lawn by the ICW are very comfortable and are a good spot to sit and watch the dolphins and sea birds and manatees. Bocce Ball court is nearby the pool. A clubhouse room with a kitchen and tv, bathroom, mail room all have more living spaces to enjoy. The pool bathroom has showers and changing area to help accommodate guests who may be checking out but still need to be on site. A community laundry room is conveniently located. The extra outdoor storage area is spacious and gives you even more room to keep extra items. The monthly condo fee covers water, sewer, trash, basic cable and all of the amenities located at SEA CLUB II. If you have always been wanting a place on SIESTA KEY this is a great value in that you can have a vacation home that pays for itself and has a strong rental history. Magical SUNSETS every night and volleyball at the public beach and even a drum circle on Sunday evening! Living in PARADISE! NO DAMAGE FROM HURRICANES! Solid construction
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $419,920 | $419,920 | $419,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.300% | 6.778% | 6.034% |
Monthly Tax Payment | $301 | $301 | $301 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,724 | $2,689 | $3,487 |
Total Monthly Payment | $3,116 | $3,081 | $3,879 |
* 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.