Are you ready for a totally remodeled stunning 1 Bedroom, 2 Bathroom condo located in world famous Siesta Key? For $500K, you get a peek a boo ocean view from this 4th floor unit, deeded beach access, and the fishing pier on the bay. Want to bring your boat? For a very reasonable fee, you will have the option to park it in the harbor. The owners have turned this condo into a high end residence with a glassed-in lanai with hurricane impact sliders, granite countertop with solid wood cabinets, a luxury shower in the primary bathroom, and light tile floor to keep the condo light and bright. It doesn’t matter if you just want to enjoy a cup of coffee in the morning or a romantic dinner on your lanai to watch the gorgeous sunset, this condo offers you all of it! Siesta Harbor is a fun loving and very social 55+ community with low HOA fees. Some of the features are: deeded beach access, onsite management, maintenance for carefree living, a heated community pool, a fishing pier on the Intracoastal waterway to catch fresh fish for dinner, community barbecue, clubhouse, fitness center, laundry facilities, shuffleboard courts and tons of planned activities and events. Siesta Harbor is close to downtown Sarasota's best restaurants, cultural activities and shopping and still part of the laid-back Siesta Key tropical island ambience. This unit has no damage from the storms, so come and check it out yourself and you will fall in love with it!
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Our Executive Mortgage Banker:
Our Insurance Division:
$500,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $400,000 | $400,000 | $400,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.551% | 7.042% | 6.160% |
Monthly Tax Payment | $293 | $293 | $293 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,661 | $2,628 | $3,373 |
Total Monthly Payment | $3,046 | $3,013 | $3,758 |
* 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.