One or more photo(s) has been virtually staged. Discover an unparalleled coastal living experience at Beach Terrace, one of the most coveted addresses on Siesta Key. This unfurnished 2-bedroom, 2-bath corner condominium offers an extraordinary blend of luxury and location, perfectly positioned with a direct Gulf of Mexico oceanfront setting. Nestled at the end of Siesta Key Village, the property provides panoramic vistas spanning the beach, village, and sparkling aqua waters. The spacious corner unit features three expansive balconies that invite you to savor every moment of coastal living. From morning coffee to evening sunsets, residents can enjoy stunning views of downtown Sarasota's skyline while imagining their perfect personalized decor. The split floor plan maximizes privacy and provides an ideal canvas for your unique design vision. The kitchen boasts updated cabinetry, high-end appliances, elegant granite countertops, and sophisticated lighting. The large living area features dual sliding doors that flood the space with natural light and provide unobstructed views of Siesta Key's pristine beach. The generous dining area offers the perfect backdrop for creating your ideal entertaining space. The primary bedroom offers a private balcony with captivating gulf and village views, complemented by an en-suite bathroom featuring updated tile and countertops. The second bedroom provides an additional full sliding door with dazzling gulf views and a separate full bathroom, Residents of Beach Terrace enjoy resort-style amenities including an elevated heated saltwater pool, community room with kitchen, fitness equipment and on-site management. All while offering direct access to a private beach and a short distance to all the dining and shopping of Siesta Key Village. This unfurnished property represents a blank canvas ready for you to transform into your dream coastal home. One or more of the photos have been virtually staged with furniture for inspiration. Call for your personal tour today.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,550,000
William Raveis Real Estate
Phone: 888.699.8876
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,240,000 | $1,240,000 | $1,240,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.620% | 6.735% | 6.806% |
Monthly Tax Payment | $669 | $669 | $669 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,043 | $7,940 | $10,887 |
Total Monthly Payment | $8,837 | $8,734 | $11,681 |
* 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.