Just in time for the lucrative winter and spring season on Siesta Key, this stunning two bed, two bath beach condo presents an enticing opportunity to own at the incomparable Sarasota Surf & Racquet while earning income. Located in the highly sought after building Y, this spacious retreat blends coastal living and modern comfort. Located just steps from the sandy shore, life is (literally) a breeze with attractive and durable LVP flooring throughout. Inside, the open floor plan creates a bright and airy space. The kitchen is adorned with whimsy and features bright white cabinets and appliances topped with neutral stone countertops that gleam under the updated recessed lighting and crown molding detail. Whether you are cooking for two or a few, you can serve your creative cuisine at the convenient counter seating, or the dining space equipped for four. Plush furnishings create a snug sanctuary to kick up your feet and recharge. The show stopping moment is on the enclosed lanai, where the pub table and four chairs provide a perch to drink in the view swaying palms and warm waves lapping on the white sand. Neutral and calming, the owner’s suite is a peaceful retreat with an updated bath and ample storage. Host family and friends in the comfortable and generous guest quarters with an additional full bath. Sarasota Surf & Racquet offers the best of the Florida lifestyle on 13 acres of beachfront property with amenities that include two large, heated swimming pools; three tennis courts and two pickleball courts; a well-equipped fitness center; beachside and poolside barbecue grills. A top notch onsite rental service is available for your convenience!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,325,000
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 | $1,060,000 | $1,060,000 | $1,060,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.625% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.209% | 6.750% | 6.745% |
Monthly Tax Payment | $1,035 | $1,035 | $1,035 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,787 | $6,787 | $9,234 |
Total Monthly Payment | $7,947 | $7,947 | $10,394 |
* 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.