Reduced! The Best Price for a 2 Bed with a Garage on the Key! Your place at the beach needs to be Our House at The Beach. This 2 bed 2 bath 2nd floor unit with it's own 1 car garage is beautifully updated with carefree bamboo floors in all the living space and ceramic tile in the baths, oversize crown moldings and base trim. It offers lake views with a fountain and a twenty-foot-wide balcony overlooking the lake to enjoy your morning coffee or evening cocktails. Sliders bring in plenty of light and you face west to enjoy the evening light from Siesta’s famous sunsets. Your unit offers an extra deep garage to keep both your vehicle and all your beach toys. If it is raining you drive in and you are undercover all the way to your unit. The kitchen has newer black appliances and granite counters – when you rent, they show less handprints etc. And because Our House has a great onsite rental program and very flexible scheduling you get the added bonus of owning a strong rental that you can enjoy yourself as well. Ready for the Beach? Directly across the street is the public beach that Dr Beach ranks in the top 10 in the US year in and year out – just can’t beat that crystal sand. Staying active is easy too with onsite resort pool and tennis courts. This unit had no storm damage – the garage received some water and it was completely and professionally restored. The entire complex will be retrofitted with impact glass and sliders and the seller has paid or is paying the assessment completely by closing. As a second-floor unit you can rest easy about any future storms and you get higher ceilings and nobody walking over your head. At just $500 a square foot this represents one of the best values on the Key for a 2 bed. Easy to show during January so schedule it today!
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Our Executive Mortgage Banker:
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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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $531,920 | $531,920 | $531,920 |
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 | $614 | $614 | $614 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,450 | $3,535 | $4,453 |
Total Monthly Payment | $4,156 | $4,241 | $5,159 |
* 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.