5211 Avenida De Cortez, Siesta Key, FL, 34242 | $900,000

Oversize lot 9, 000+ sq ft, in prime location for Siesta Village and beach. House was flooded in Helene, the block home and roof are solid, interior has been stripped and sanitized. Ready for your choice, refurbish or tear down and build your dream home on a large lot in prime location. Extremely close to the heart of Siesta Key Village and its unique dining and shopping experiences, easy two block distance to the pristine sugary white sands of Siesta Key Beach via Beach Access 7. Despite its proximity to the heart of the village Avenida De Cortez is quiet and peaceful with little through traffic, the perfect location for your home in paradise. It’s a very short street, only 5 homes on this side of the street. This is the only home that hasn’t yet been updated to match the renovations or current flood code standards of the other homes on the street, offering buyers an opportunity to benefit from the neighborhood's already enhanced value.

Features

  • Rooms: 3
  • Bedrooms: 3
  • Baths: 2 full
  • Laundry: Inside
  • Year Built: 1960
  • Garage: 1-car Covered, Driveway, Garage Door Opener
  • Heating: Central, Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 1,272
  • Acreage: 0.21
  • Est. Taxes: $8,062
  • Lot Desc: In County
  • View: Garden
  • Pet Policy: Cats OK, Dogs OK
  • Appliances: None, Washer
  • MLS#: A4630433
  • Days on Market: 7 days
  • Website: https://www.raveis.com
    /prop/A4630433/5211avenidadecortez_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 12/11/2024 6:17:08 PM)
Listing courtesy of COLDWELL BANKER REALTY   Phone: 941-388-3966

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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
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Our Insurance Division:

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5211 Avenida De Cortez, Siesta Key, FL, 34242

$900,000

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 $720,000 $720,000 $720,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.625% 6.375% 6.375%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.209% 6.498% 6.579%
Monthly Tax Payment $672 $672 $672
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,610 $4,492 $6,223
Total Monthly Payment $5,374 $5,256 $6,987

* 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.