Your island escape awaits! Nestled on the serene Palm Island in the heart of Siesta Key and just two blocks from the iconic Siesta Key Beach, this charming pool home invites you to embrace the ultimate coastal lifestyle. Built with sturdy block construction and elevated over 10 feet, this home has withstood recent hurricanes unscathed, offering peace of mind for years to come. Sitting on nearly a quarter-acre lot, the 2-bedroom, 2-bathroom home, complete with an office or potential guest space, radiates island charm from the moment you arrive. Step through the tiled entryway and into the thoughtfully updated galley kitchen, featuring marble countertops and a convenient passthrough to the dining and living areas, making entertaining a breeze. Bamboo wood floors grace the living and dining rooms, as well as the spacious owner’s suite, while crown molding adds an elegant touch throughout. The owner’s suite is a true retreat, with double doors leading to the deck overlooking the pool, a walk-in closet, and an ensuite bath with dual sinks and a glass-enclosed shower. A split floorplan ensures privacy, with the second bedroom and nearby guest bath ideally situated for family or visitors. Outside, the tropical oasis continues with a newly installed heated pool surrounded by a pavered deck, perfect for soaking up the sun or hosting gatherings. Adding to the tranquility, a picturesque saltwater pond winds behind the home, offering a serene backdrop and a true connection to nature. A durable metal roof, hurricane impact windows replaced in 2019 and a two-year-old AC system leave you worry-free for years to come. Just a 3 minute stroll away, you’ll be able to dip your toes in the crystal-clear waters and sugar-white sands of Siesta Key Beach, America’s #1 rated beach. Just moments away, is Siesta Key Village featuring vibrant shops, boutiques and cafes, and a bustling nightlife offering something for everyone. Zoned for top-rated A schools and near Downtown Sarasota’s cultural attractions, this is the Florida lifestyle you’ve been dreaming of. Don’t miss your chance—schedule a showing today!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,200,000
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 | $960,000 | $960,000 | $960,000 |
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 | $874 | $874 | $874 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,147 | $5,989 | $8,297 |
Total Monthly Payment | $7,146 | $6,988 | $9,296 |
* 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.