5855 Midnight Pass ROAD, #404, Siesta Key, FL, 34242 | $759,000

Welcome to Harbor Towers Yacht & Racquet Club, where luxury meets the laid-back charm of Florida’s beautiful Gulf Coast! This beautifully furnished 2-bedroom, 2-bath condo is your gateway to paradise, with an incredible view of the Intracoastal Waterway and resort-style amenities right at your doorstep. Perfectly positioned in a gated waterfront community, this home invites you to experience waterfront living with a spacious, open floor plan filled with natural light and spectacular views of the pool, marina, and Intracoastal. The condo’s interior is designed for comfort and style, with updated kitchen and luxury vinyl flooring throughout. Both bedrooms are well-appointed, with large windows that fill the space with light. The primary bedroom includes an en-suite bath, plenty of closet space, and easy access to the Florida room. The guest bedroom and second bath offer comfort and privacy, making this condo perfect for hosting or renting out. The condo is sold turnkey furnished—right down to the dishes and electronics—so it’s ready for immediate use or rental, saving you time and hassle.
Harbor Towers puts you in the heart of the best Siesta Key has to offer, with an abundance of dining, shopping, and nightlife options accessible by a free trolley that stops right outside the community. For those who love sports, there are three Har-Tru tennis courts where you can work on your backhand, a modern fitness center, and a sauna for unwinding after a workout. The community also features two beautiful pools with spacious sun decks where you can lounge in the Florida sunshine.
The condo's location along the Intracoastal Waterway adds an extra layer of excitement for water enthusiasts. With over 40 boat slips available on a first-come, first-serve basis, you can bring your boat along to explore the Gulf waters at just $3 per foot per month. If kayaking or paddleboarding is more your style, there’s convenient storage for both bikes and kayaks, so your gear is always close at hand. A private marina and island gazebo offer serene spots for watching boats drift by or for glimpsing the local wildlife.
For those looking to offset ownership costs, the condo's prime location and Siesta Key's steady vacation rental demand make this a superb investment opportunity. With flexible rental options and a minimum two-week rental policy, you can maximize your income potential, especially with Harbor Towers’ on-site rental management program. Rent roll details are available upon request, so you can plan your rental strategy with confidence. Seller has paid the entire assessment so you can enjoy the beautiful new building upgrades, including impact windows and sliding doors, at no additional cost!!!
This Harbor Towers Yacht & Racquet Club condo is your chance to own a slice of paradise on Siesta Key. With the perfect blend of luxury, convenience, and breathtaking natural beauty, this home is ready to provide endless memories, stunning sunsets, and the very best of coastal living. Don't miss this outstanding opportunity—schedule your tour today and start living the dream on Siesta Key!

Features

  • Elevator: Y
  • Heating: Heat Pump
  • Cooling: Central Air
  • Levels: 7
  • Rooms: 5
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: Common Area, Same Floor As Condo Unit
  • Complex: HARBOR TOWERS Y & R
  • Year Built: 1976
  • Common Charge: $1,980 Quarterly
  • Approx Sq. Feet: 1,152
  • Est. Taxes: $2,443
  • Pet Policy: Yes
  • Appliances: Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator
  • MLS#: A4628726
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/A4628726/5855midnightpassroad_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 11/26/2024 3:23:11 AM)
Listing courtesy of COLDWELL BANKER REALTY   Phone: 941-349-4411

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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

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5855 Midnight Pass ROAD, #404, Siesta Key, FL, 34242

$759,000

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 Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $607,200 $607,200 $607,200
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 7.477% 7.055% 6.256%
Monthly Tax Payment $204 $204 $204
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,040 $3,989 $5,121
Total Monthly Payment $4,336 $4,285 $5,417

* 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.