Presented byJim Gammello |
Beachfront Luxury Awaits at 101, El Presidente, Siesta Key located directly on the pristine silicon sand of Crescent Beach in the prestigious El Presidente complex. Step into coastal elegance and direct access with this beautifully remodeled two-bedroom, two-bathroom condo, 1766 sq ft gross living area, one of only 5 “Diplomat” models in this 48-unit Condominium. Considered a first-floor unit, 101 sits atop the dedicated parking area at ground level. A single short flight of stairs to your front door or elevator access. Perfect for families and guests, the dedicated raised walkways provide safe and secure access to the gulf side pool and beach access. The perfect beachfront retreat or investment property.
El President features exclusive gulf coast living, resort-style amenities: heated pool, tennis court, pickleball area, and a owner fitness center. The gated complex with professional on-site management, allowing weekly rentals for exceptional rental income potential.
Remodeled over the past 18 months in a contemporary, yet comfortable modern vibe, 101 updates feature a beautiful and large new kitchen, new appliances, granite countertops and an open attached private dining area for those special family and entertainment meals! Other updates include an upgraded electric panel service, new water heater (2022), all new furniture and large 85” TV in the main living room area. New master bedroom and Lanai furniture (2025).
Unit 101 experienced no damage not even a drop of water, from the recent storms. Following the storms, a new highly efficient HVAC system and air handling system was installed in December 2024. magnificent HURRICAINE WINDOWS AND GLASS DOORS (4 sets) WERE INSTALLED January 2025! Safe Efficient and Quiet peace – wow !
Location Location Location ! Conveniently located near the south bridge for easy and fast access on and off the Key, and a short 5-minute walk to grocery, dining options, and cup or bowl of the famous clam chowder at Captain Curts. Free trolly services are available to Siesta Key Village and it’s lively dining and shopping scene at the north end of the Key. Downtown Sarasota’s cultural attractions are only minutes away, featuring the Ringling Museum of Art and the Sarasota Opera House to name a few.
A partial assessment to support storm clean up efforts has already been paid, and the balance will be paid by the seller. A Milestone project has been underway well prior to the storms of 2024. Information and an update are available upon request.
Whether you are searching for a luxurious vacation home or a high-performing rental investment, Unit 101 at El Presidente offers the best of Siesta Key living.
Own a slice of paradise on the Gulf Coast! Call today for your private showing and experience this remarkable beachfront property firsthand!
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William Raveis Real Estate
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Phone: 917.838.7300
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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 | $796,000 | $796,000 | $796,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.200% | 6.748% | 6.786% |
Monthly Tax Payment | $894 | $894 | $894 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $5,296 | $5,097 | $6,989 |
Total Monthly Payment | $6,282 | $6,083 | $7,975 |
* 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.