Welcome to your elevated waterfront paradise on the coveted island of Siesta Key, where coastal elegance meets unparalleled convenience. This stunning residence boasts all the features and amenities discerning buyers crave. As you step into this meticulously crafted home, you'll be greeted by an abundance of natural light cascading through soaring 21-foot-high ceilings in the living room, creating an inviting and airy ambiance featuring satiny, eco-friendly bamboo floors throughout. Ten-foot ceilings throughout the home further enhance the sense of space and grandeur, while oversized windows frame picturesque views of the tranquil waterfront, seamlessly blending indoor and outdoor living. The heart of the home is the expansive, contemporary island kitchen, where culinary dreams come to life amidst panoramic vistas of the waterfront. Offering stainless steel appliances and sleek cabinetry, there's plenty of room to create fabulous meals. Whether hosting a dinner party with family and friends or enjoying a quiet morning coffee on the balcony watching the sunrise, this space will inspire you. With three bedrooms and two baths, there is ample room for relaxation and retreat. An elevator servicing all three floors ensures effortless access for all. The elevated first floor, situated a full story above ground level, offers peace of mind and protection against storms. The 600-square-foot, air-conditioned, ground-level bonus space (non-conforming) features dual walk-out sliding glass doors leading to the pool and waterfront, where memories await. Boating enthusiasts will delight in the deep-water frontage on the Grand Canal, with a new dock featuring composite decking and a 10, 000-pound boat lift, providing quick and easy access to the Sarasota Bay, Intracoastal Waterway, and Gulf of Mexico. Fish from your dock, paddleboard, or kayak on the waterway to see spectacular marine life and waterfowl, promising unforgettable moments on the water. You are sure to spot manatees lazily rolling along and dolphins frolicking. A newly constructed higher seawall with turnbacks at the property line ensures added protection. Outside, the low-maintenance yard is adorned with mature palms, offering privacy and tranquility, while landscape lighting sets the scene for enchanting evenings under the stars. And with an irrigation well, maintaining the lush tropical landscape is a breeze. Conveniently located close to Siesta Village’s unique boutiques, restaurants, and entertainment, and nearby Siesta Beach with its famous powdery white quartz sand and the Gulf of Mexico’s azure waters. Just 15 minutes by car to vibrant downtown Sarasota. Don't miss your opportunity to experience waterfront living on Siesta Key.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,950,000
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 | $1,560,000 | $1,560,000 | $1,560,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.148% | 6.760% | 6.806% |
Monthly Tax Payment | $1,268 | $1,268 | $1,268 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $10,248 | $9,989 | $13,697 |
Total Monthly Payment | $11,641 | $11,382 | $15,090 |
* 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.