Seller will contribute $25, 000 at closing towards Association maintenance fees for the property. Seize the opportunity to own a stunning slice of paradise located in the heart of Siesta Key, surrounded by flourishing trees and a tranquil boat basin. This well maintained fifth floor condo features two bedrooms/two bathrooms, offering breathtaking views of Little Sarasota Bay and the Intracoastal waterway. The kitchen and guest bedroom have partial Gulf views. Have your morning coffee on the screened lanai while observing the boats pass by. The condo features hurricane impact glass windows that provide strong protection against storms and high winds. The sliding hurricane shutters on the lanai is a practical solution making it easy to shield the outdoor area quickly when needed. The front entry door has also been recently updated. The guest bedroom's Murphy bed is a smart space-saving solution, allowing for versatile use of the room, complemented by built in book shelves. The custom bamboo closet systems enhance storage in every closet throughout the condo. The building is secure with keyless entry and video cameras. The marina was completely dredged in 2017 including the restoration of a new sea wall and boat slips. Enhancing the overall beauty and functionality of the marina, alongside the lovely landscaping with mature trees. Amenities are perfect for both relaxation and active living, with optional tennis court or pickleball play. The spacious clubhouse ideal for gatherings features a screened porch, fitness center and a full-size kitchen. Great for celebrations or meetings. The pools location by the Intracoastal Waterway adds a scenic touch, and having beach access across the street is a convenient perk. Enjoy a day on the Bay and launch your own kayak or paddle board from the community boat basin. Kayak & paddle board storage provided underneath the clubhouse. On site Maintenance Manager available Monday - Friday. Siesta Key is recognized as the #1 BEACH in the USA. Known for it's quartz sand and clear waters. Shop and dine at Siesta Key Village. The Breeze trolley is available on Midnight Pass Road and stops are designated where signs are posted in front of the complex. The Sunday drum circle at sundown at the public beach adds a unique cultural experience. The combination of comfort and relaxation makes this property an excellent choice for those who want to fully embrace coastal living. Siesta Key offers a blend of leisure and community that is truly special.
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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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $600,000 | $600,000 | $600,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.990% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.153% | 7.146% | 6.160% |
Monthly Tax Payment | $291 | $291 | $291 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,892 | $3,988 | $5,023 |
Total Monthly Payment | $4,275 | $4,371 | $5,406 |
* 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.