Rare 1st Floor End-Unit Condominium with Boat Slip, Across from Crescent Beach!
Welcome to this rarely available 1700 square foot 1st-floor end-unit condominium decorated by Robb and Stucky. Ideally located across the street from Crescent Beach and just minutes from the world-renowned Siesta Key Beach. This property includes an exclusive 24' boat slip, just steps away from your back door, equipped with both electric and water hookups. The Association allows boat lifts for ultimate boating convenience.
The home boasts a recently updated kitchen featuring a stunning new backsplash, waterfall quartz countertops, modern appliances with new microwave, and more. In addition to the spacious primary bedroom with an en-suite bathroom, the unit offers a second bedroom and a versatile bonus room, perfect as an office, den or additional sleeping space. It features an in-unit laundry room with a new washer and dryer.
Turnkey furnished and move-in ready, making it the perfect retreat or investment property. The updated lanai includes a wine refrigerator, stone countertop and large storage area, ideal for enjoying morning coffee or entertaining guests. The guest bath features a luxurious jacuzzi tub for added relaxation.
Enjoy a variety of community amenities, including a heated pool, basketball, tennis, and pickleball courts, as well as a fitness center. If you’re seeking an investment opportunity, Midnight Cove II allows weekly rentals and offers an optional on-site rental department. The community is financially strong, with fully funded reserves and has passed a recent SIRS inspection with flying colors. The property is well maintained and the building just had a new elevator installed.
Don’t miss the chance to own this incredible property with endless possibilities!
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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 | $798,079 | $798,079 | $798,079 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.559% | 6.723% | 6.847% |
Monthly Tax Payment | $385 | $385 | $385 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $5,176 | $5,110 | $7,007 |
Total Monthly Payment | $5,653 | $5,587 | $7,484 |
* 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.