Welcome to your island paradise on Siesta Key. Riegel’s Landing, one of the premier locations on Siesta Key, is renowned for its excellent boating access and proximity to one of the best beaches in the country. On a protected boat basin with 357 feet of waterfront and direct access to the Intracoastal Waterway, this stunning residence has been completely renovated by its owners and offers an island sanctuary. Key features include impact-rated windows and doors, a newer standing seam, metal roof, Hardie plank siding, composite decks with powder-coated aluminum exterior railings, a whole-house water softener, four air-conditioning zones, beautiful mature landscaping, firepit, and a waterside saltwater pool and spa. For boating enthusiasts, the property offers an outstanding setup with a 56-foot fully equipped boat dock featuring two lifts, a floating dock and a kayak launch. Inside, the home is equally remarkable, boasting vaulted ceilings, abundant natural light, an open great room floor plan, engineered hardwood floors, electronic blinds, and beautifully updated kitchen and baths. The gourmet kitchen features solid stone countertops, a glass tile backsplash, soft-close cabinets and drawers, high-end stainless-steel appliances and a large rectangular island with bar seating. The primary suite, on the main living level, is a retreat with sliding door access to the terrace, a custom-organized walk-in closet and a spa-like bath. Upstairs, there are two additional bedrooms, a bath and an open loft area. The lower level includes a 56-bottle wine refrigerator and a multi-functional open space that opens out to the pool area, ideal for use as a game room, home gym, office or extra bedroom. Experience luxurious island living at its finest in this beautiful Siesta Key waterside home.
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Our Executive Mortgage Banker:
Our Insurance Division:
$7,350,000
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 | $5,880,000 | $5,880,000 | $5,880,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.500% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.296% | 6.622% | 6.680% |
Monthly Tax Payment | $1,657 | $1,657 | $1,657 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $38,138 | $37,166 | $51,221 |
Total Monthly Payment | $39,920 | $38,948 | $53,003 |
* 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.