NEW BUILD OPPORTUNITY OR REHAB!!
Take advantage of being in the heart of Sarasota | Siesta Key by keeping the original structure, and doing a complete renovation!
You have a solid standing home that comes with PGT hurricane impact windows, preferred sliding glass doors, new roof as of 2019, and this home has a salt water pool with a new pump.
As you walk through the French doors, you are welcomed by an open floor plan that has natural sunlight beaming in from your screened in lanai area. You have two guest rooms to your left, giving you pool access, and your master bedroom is to the right side of the house, office / den in the rear, circling you back to your open family / dining room. Your spacious wrap around kitchen and center island making it a sweet delight for hosting. This home is located in Siesta Isles and this is your golden sweet spot for annual, monthly, and seasonal rentals that are highly sought after year-round. NO HOA Fee Requirement.
Home has been remediated, and completely gutted, disinfected and cleaned since the last photos.
You are a 10 minute walk to Siesta Key Beach, 5 minute bicycle ride, free Siesta Key trolley to get you around the island hassle free.
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$1,300,000
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 | $1,040,000 | $1,040,000 | $1,040,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.762% | 6.036% |
Monthly Tax Payment | $571 | $571 | $571 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,659 | $6,659 | $9,131 |
Total Monthly Payment | $7,355 | $7,355 | $9,827 |
* 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.