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6157 Midnight Pass ROAD, #E65, Siesta Key, FL, 34242 | $550,000
The perfect opportunity for you to enjoy the Florida Lifestyle and make income! (5th FLOOR UNIT - NO FLOODING OR HURRICANE DAMAGE) This 2-bed, 2-bath penthouse condo is being sold TURNKEY FURNISHED, all within walking distance to the sugary sands of SIESTA KEY BEACH. This condo is ideal for personal use or as an investment with WEEKLY RENTAL allowance and future bookings in place. In 2023 alone, it successfully generated $51, 500 in revenue as a part-time vacation rental. The interior of the condo is tastefully decorated with a tropical vibe. NEW laminate floors have been installed throughout and a NEW 2024 AIR CONDITIONER is in place. Each bedroom has a large walk in closet and ensuite bathroom. The kitchen comes fully equipped with everything your guests need, featuring butcher block counter tops. Just off the kitchen is a full size washer and dryer for an added convenience. However, there are additional washer and dryers in the common areas of the building. The spacious porch has a large storage closet for all your beach toys and a fabulous view of the community pool. The monthly fees are among the most affordable on Siesta Key, covering water, sewer, roof maintenance, cable, pest control, exterior upkeep, and access to fantastic amenities like a heated pool, tennis courts, community room with pool table, outdoor waterfront grilling, and a fishing dock on the bay in a serene park-like environment. Bike, walk or use Siesta Key's free trolley system to explore boutique shops and restaurants in the village… and of course enjoy Siesta Key's crystal sand beaches. Bay Oaks Condo Complex is the perfect Siesta Key location and has completed and passed its building milestone inspections. Schedule your showing today and buy this condo before season begins!
Features
- Elevator: Y
- Heating: Central
- Cooling: Central Air
- Levels: 5
- Amenities: Elevator(s), Pool, Tennis Court(s)
- Rooms: 4
- Bedrooms: 2
- Baths: 2 full
- Laundry: Inside
- Complex: BAY OAKS
- Year Built: 1974
- Approx Sq. Feet: 1,101
- Acreage: 4.25
- Est. Taxes: $6,100
- Condo Fee: $2,100 Quarterly
- View: Pool, Water
- Pet Policy: No
- Appliances: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
- MLS#: A4623556
- Days on Market: 78 days
- Website: https://www.raveis.com
/prop/A4623556/6157midnightpassroad_siestakey_fl?source=qrflyer
Listing courtesy of COLDWELL BANKER REALTY Phone: 941-388-3966
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
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- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Yokadi MejiaInsurance Sales Director, William Raveis Insurance
561.335.7966
Yokadi.Mejia@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
6157 Midnight Pass ROAD, #E65, Siesta Key, FL, 34242
$550,000
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
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $440,000 | $440,000 | $440,000 |
| 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 | $508 | $508 | $508 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,854 | $2,817 | $3,654 |
| Total Monthly Payment | $3,454 | $3,417 | $4,254 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388