5300 Ocean BOULEVARD, #803, Siesta Key, FL, 34242 | $1,195,000

One or more photo(s) has been virtually staged. NEW PRICE, NEW A/C, NEW PAINT! Are you ready for breathtaking views of the Gulf of Mexico from your luxury condominium? Discover a rare chance to own a condominium in the vibrant heart of Siesta Key Village with easy access to the beautiful quartz beach of Siesta Key. The island lifestyle is here for you. Enjoy the local music scene, restaurants, and island ambience. There is even a grocery store 0. 2 miles from your front door. Terrace East is a 24-hour secured building with a welcoming common area for family and guests. This 8th-floor residence offers an unobstructed panoramic vista of the Gulf of Mexico, providing the perfect backdrop for breathtaking Siesta Key sunsets. The dual balconies provide views of the beach or the city of Sarasota. Embrace a dynamic beach lifestyle in this elevated retreat, complete with all the amenities you desire.
Relax in the resurfaced sparkling water pool, stay active in the exercise room, and enjoy the meticulously manicured grounds. Take advantage of the private tennis court and pickleball facilities for endless outdoor fun. Outdoor chefs can cook for guests on the new stainless-steel grills.
This property offers unlimited potential to update and customize, allowing you to make it truly your own.
Don't miss out on this unique opportunity to own a piece of paradise. Whether you're looking for a permanent residence, a vacation home, or an investment property, this condominium is a perfect choice. Experience the best of Siesta Key living in a home that combines luxury, comfort, and stunning natural beauty!
Come catch the Gulf of Mexico breeze at your new home on Siesta Key!

Features

  • Elevator: Y
  • Heating: Electric
  • Cooling: Central Air
  • Levels: 1
  • Rooms: 5
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: Corridor Access
  • Complex: TERRACE EAST
  • Year Built: 1973
  • Approx Sq. Feet: 1,375
  • Est. Taxes: $12,373
  • Condo Fee: $3,960 Quarterly
  • View: City, Pool, Water
  • Elem. School: Phillippi Shores Elementary
  • Middle School: Brookside Middle
  • High School: Sarasota High
  • Pet Policy: No
  • Appliances: Dishwasher, Disposal, Ice Maker, Refrigerator
  • MLS#: A4610840
  • Days on Market: 177 days
  • Website: https://www.raveis.com
    /prop/A4610840/5300oceanboulevard_siestakey_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 12/25/2024 3:47:10 PM)
Listing courtesy of EXP Realty LLC   Phone: 888-883-8509

William Raveis Family of Services

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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:

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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
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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
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

5300 Ocean BOULEVARD, #803, Siesta Key, FL, 34242

$1,195,000

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

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $956,000 $956,000 $956,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.750% 6.625% 6.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.545% 6.748% 6.932%
Monthly Tax Payment $1,031 $1,031 $1,031
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $6,201 $6,121 $8,460
Total Monthly Payment $7,357 $7,277 $9,616

* 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.