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8897 Midnight Pass ROAD, #503, Siesta Key, FL, 34242 | $425,000
Charming Penthouse with Bay and Gulf Views at Sunrise Cove Yacht & Racquet Club!
Escape to the tranquil shores of Siesta Key with this charming penthouse. Offering an exceptional view of the bay and a glimpse of the Gulf of Mexico, this cozy retreat provides the perfect blend of comfort and convenience for those seeking a winter getaway or a savvy investment opportunity.
Enjoy stunning vistas of the bay and catch a peek of the Gulf of Mexico, creating a serene backdrop for your daily relaxation. Furnished with a warm and inviting decor, this penthouse comes fully equipped with everything you need for a comfortable stay, ensuring a hassle-free transition into your new home. Take advantage of the wonderful amenities offered at Sunrise Cove, including two pools, tennis courts, pickleball courts, exercise room, billiards, game room, picnic area, kayak racks, grills, bike storage, boat docks, and an on-site rental management office. With one month rentals allowed, this condo provides an excellent opportunity for seasonal rentals, allowing you to generate income when you're not using the property yourself. The Siesta Key trolley stops across the street making it convenient to travel and dine or shop at Siesta Key Village as well as a short drive to downtown Sarasota's cultural attractions, this penthouse offers easy access to everything the area has to offer.
Embrace the laid-back island lifestyle of Siesta Key, where days are spent lounging on the beach, exploring charming boutiques and eateries, and soaking in the natural beauty that surrounds you. Whether you're kayaking through mangrove tunnels or indulging in fresh seafood at a waterfront restaurant, there's no shortage of ways to enjoy the coastal charm.
Don't miss your chance to own a piece of paradise in Sunrise Cove. Whether you're seeking a vacation retreat, an income-generating property, or a permanent residence, this penthouse offers a cozy haven with all the comforts of home. Schedule your showing today and start making memories in your own slice of Siesta Key paradise!
Features
- Elevator: Y
- Heating: Central, Electric
- Cooling: Central Air
- Levels: 5
- Amenities: Clubhouse, Elevator(s), Laundry, Maintenance, Pool, Tennis Court(s)
- Rooms: 4
- Bedrooms: 1
- Baths: 1 full
- Laundry: Common Area, Outside
- Complex: SUNRISE COVE SEC 1
- Year Built: 1973
- Approx Sq. Feet: 846
- Est. Taxes: $4,385
- Condo Fee: $983 Monthly
- Lot Desc: In County
- View: Water
- Pet Policy: No
- Appliances: Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator
- MLS#: N6131972
- Days on Market: 186 days
- Website: https://www.raveis.com
/prop/N6131972/8897midnightpassroad_siestakey_fl?source=qrflyer
Listing courtesy of RE/MAX Platinum Realty Phone: 941-929-9090
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
- Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
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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
8897 Midnight Pass ROAD, #503, Siesta Key, FL, 34242
$425,000
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 | $340,000 | $340,000 | $340,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.875% | 6.990% | 5.990% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.425% | 7.146% | 6.276% |
| Monthly Tax Payment | $365 | $365 | $365 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,234 | $2,260 | $2,867 |
| Total Monthly Payment | $2,674 | $2,700 | $3,307 |
* 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