Under contract-accepting backup offers. A rare opportunity to own a charming private home on almost an acre with 84 ft. of seawall located directly on Big Pass with incredible views of the Gulf of Mexico, South Lido Key Beach and Sarasota Bay. The island residence boasts mature trees and lush landscaping providing an old Florida feel nestled above the home and back patio. The walkway leads you to your own private beach and stairs that take you directly into the pristine waters. Perfect for fishing while taking in the mesmerizing views. With 3, 844 Sq. Ft. , the home has an open concept living space with gorgeous fireplace perfect for entertaining while enjoying the spectacular views. With 4 bedrooms and 4 1/2 bathrooms this spacious split plan home with two living rooms is perfect for multi-generations. Located on the prestigious North end of Siesta Key, Florida, you are minutes from the quaint village of Siesta Key where you will find restaurants, shops, grocery, and night life, and world-renowned Siesta Key Beach. You are just a short drive from downtown Sarasota where you will find all that it has to offer including festivals, art galleries, museums, theatre, opera, ballet, diverse restaurants and bars. Directly on Big Pass, the residence affords unobstructed, panoramic views of the Gulf of Mexico. Witness the mesmerizing sunset hues painting the sky, ensuring daily moments of tranquility. This home offers the best in waterfront living, with privacy, exclusivity, and easy access. Welcome to your own piece of paradise on beautiful Siesta Key and the Gulf of Mexico!
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Our Executive Mortgage Banker:
Our Insurance Division:
$5,995,000
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 | $4,796,000 | $4,796,000 | $4,796,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.500% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.209% | 6.636% | 6.684% |
Monthly Tax Payment | $3,045 | $3,045 | $3,045 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $30,709 | $30,314 | $41,778 |
Total Monthly Payment | $33,879 | $33,484 | $44,948 |
* 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.