The magic of Siesta Key Beach is known worldwide. The white-sand beaches, breathtaking sunsets, the gentle waters of the Gulf of Mexico, the quaint but lively Siesta Key Village's shops, restaurants, sidewalk happy hours and nightlife has made this island a world-class destination for friends and families for decades. The northernmost section of the beach, Sunset Point, is a favorite for locals and those fortunate enough to have a home within this neighborhood: Gulf to the west and Village to the east, and only a few short blocks separating the two!
At the center of this is an exceptional three-story home that lies just one block from the beach with great sunset and water views. This well constructed home was designed as side-by-side twin townhomes, with your own two-car garage and private elevator to the beautiful two-level living areas above. The main living area is an open floorplan with high ceilings that incorporates a totally updated kitchen, half bath, and a large dining area followed by the family/tv room with sliders to a balcony looking west to the Gulf and its sunsets. The third level features the primary suite with bath, and a viewing balcony for sunset views and bath. and a second bedroom and bath.
Other than the obvious amenities, the beach and the village, there is a good-sized pool and outdoor shower for "apres beach" or just lounging and grilling out in your own fenced back yard.
This is NOT a condo, and the maintenance fees are split, by written agreement, between the two owners, so no exorbitant HOA fees and rules and regs.
BONUS: the home is currently managed by a top-notch company with offices around the corner, and zoning allows for 1-7 day rentals. Projections for $160k annual revenue are available on request.
You won't want to miss this exceptional opportunity.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,290,000
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 | $1,832,000 | $1,832,000 | $1,832,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.750% | 6.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.239% | 6.849% | 7.037% |
Monthly Tax Payment | $1,090 | $1,090 | $1,090 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $12,343 | $11,882 | $16,339 |
Total Monthly Payment | $13,558 | $13,097 | $17,554 |
* 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.