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1123 Crescent STREET, #1123/1125, Siesta Key, FL, 34242 | $1,495,000
EXCEPTIONAL OPPORTUNITY! Do not miss the chance to own this Income Producing, updated, turn-key adorable duplex that is steps to the beach. This complex is a 4 minute stroll to the #1 beach in America and world renowned Siesta Key. Zoned for short-term rentals with financials available upon request.
Each unit is decorated with comfortable furniture, tropical décor and easy maintenance flooring throughout for ease. Units are 854-sf with a 2 bed/2 bath open layout. Kitchens are adorned with SS appliances, solid wood cabinets and quartz countertops. Well appointed bedrooms with a King and en-suite in the primary, 2 XL twins with a jack and jill bathroom in Guest bedroom and a Queen sofa sleeper. Private washer and dryer for each unit. Shared heated plunge pool with a sun shelf and sitting bench that is fenced in with chairs around the paved patio for lounging and a BBQ propane grill to host cook outs for family and guests.
There are also 4 assigned parking spots in front of the duplex, 2 for each unit. What else could you want! A fantastic vacation home for Family or Investment property. The current owners successfully utilized this gem as a vacation rental, showcasing its impressive income potential. Currently managed by a local vacation rental company, this property is being sold Turn-key Furnished with future bookings in place and a strong rental history. Within walking distance to shopping, dining, Siesta Key trolley stops and more! The Trolley will take you to Siesta Key Village where you can enjoy additional shopping, dining and other activities! Properties like this rarely become available - reach out today and schedule a a time to see this beautiful property for yourself!
Features
- Bedrooms: 4
- Units: 2
- Laundry: Outside
- Year Built: 1968
- Garage: Assigned, Ground Level, Off Street, Open
- Heating: Central, Electric
- Cooling: Central Air
- Approx Sq. Feet: 1,708
- Acreage: 0.17
- Est. Taxes: $14,176
- Elem. School: Phillippi Shores Elementary
- Middle School: Brookside Middle
- High School: Sarasota High
- Pool: Heated, In Ground
- Appliances: Dryer, Microwave, Range, Refrigerator, Washer
- MLS#: A4634858
- Days on Market: 2 days
- Website: https://www.raveis.com
/prop/A4634858/1123crescentstreet_siestakey_fl?source=qrflyer
Listing courtesy of HARRY ROBBINS ASSOC INC Phone: 941-924-8346
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
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- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Yokadi MejiaInsurance Sales Director, William Raveis Insurance
561.335.7966
Yokadi.Mejia@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
1123 Crescent STREET, #1123/1125, Siesta Key, FL, 34242
$1,495,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Melissa Cohn
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $1,196,000 | $1,196,000 | $1,196,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 7.000% | 6.750% | 6.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.286% | 6.874% | 6.972% |
| Monthly Tax Payment | $1,181 | $1,181 | $1,181 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $7,957 | $7,757 | $10,584 |
| Total Monthly Payment | $9,263 | $9,063 | $11,890 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388