New whole house metal roof being installed January, 2025, no prior leaks. Wonderful Palm Island! A residential community on Siesta Key! Walk to beach access # 10 or Siesta Village and all it has to offer, in just minutes!!! This 2006 Eslinger built home has a bright open floor plan with volume 12 and 14 foot tray ceilings, Beautiful kitchen totally redone in 2018, and the whole house comes furnished for your convenience. The split plan offers a private master bedroom with spa like bath, large his/her closets, and a large office that can be used as a 4th bedroom. Master bedroom, living room, and family room all lead to the outside pool area to the private pool area for entertaining and alfresco dinners. There is over 1, 000 sq ft of garage space including a 2 story, 3 car garage with loft above for storage, portico parking, and a separate one car garage with the unique potential to convert to private guest quarters. This property sits high and dry at 10 feet to avoid flooding of any kind. Truly, doesn’t get any better than living on an island on an island.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,199,000
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 | $1,759,200 | $1,759,200 | $1,759,200 |
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 | 7.606% | 6.622% | 6.680% |
Monthly Tax Payment | $750 | $750 | $750 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $11,410 | $11,119 | $15,325 |
Total Monthly Payment | $12,285 | $11,994 | $16,200 |
* 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.