Discover a beachfront paradise on Siesta Key, Sarasota, FL with this stunning 2-bedroom, 2-bath condo at Island House. Nestled directly on the Gulf of Mexico, this ground floor unit offers a blend of personal sanctuary and rental potential in one of Florida's most coveted locations. Upon entry, the spacious great room immediately captivates with panoramic views of Siesta Key's famed white quartz beach. Watch dolphins play in the water and seabirds glide along the shoreline from the comfort of your living room. The room, with its brand new sofa and loveseat, extends seamlessly onto a glassed-in porch or lanai, ideal for savoring sunsets and the soothing sounds of the waves crashing nearby. Inside, two en-suite bedrooms provide updated bathrooms for comfort and privacy. The kitchen features granite countertops, new LED under-cabinet lighting, wood cabinets, and a practical breakfast bar or computer work counter. Tiled floors throughout simplify upkeep, while impact-resistant windows and doors offer security and peace of mind. Outside, the community amenities beckon with two beach cabanas for shaded relaxation, provided chairs, picturesque courtyard with shuffleboard and bbq dining space, and a spacious pool surrounded by Florida foliage, complete with chairs, tables, and umbrellas. Entertainment options are offered in the game room, equipped with pool, ping pong, and air hockey tables. You'll access Siesta Village effortlessly via the local free Breeze trolley or other complimentary ride services for dining, shopping, and lively music. Rentals of paddleboards, jet skiis, boats, or kayaks, plus wind surfing or parasailing, are available from nearby businesses. With short-term rentals permitted and its prime beachfront setting, this condo is a savvy investment opportunity. A roomy feeling at 1300 square feet, it offers comfortable living and dining areas, a fully equipped kitchen with brand new refrigerator, range, and microwave oven, and central heating and air conditioning. Whether you seek a tranquil retreat or a lucrative rental property, this condo caters to both aspirations. Seize the chance to own a piece of Siesta Key's paradise on the Gulf of Mexico, where each day promises breathtaking views and unforgettable sunsets. Pack your bags and transform this condo into your gateway to an unforgettable vacation experience. This is your opportunity to embrace the best of Siesta Key living, blending amazing beach views, convenience, and investment potential in one extraordinary package.
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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 | $1,479,200 | $1,479,200 | $1,479,200 |
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 | $1,212 | $1,212 | $1,212 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $9,841 | $9,471 | $12,987 |
Total Monthly Payment | $11,178 | $10,808 | $14,324 |
* 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.