This Coastal Modern Townhome is across the street from Siesta Key Beach. The home offers approximately 3, 200 square feet of interior living space and 2, 000 square feet of Outdoor Covered Patios, Balconies, Pool Areas, and Entertainment Space. The views are incredible from Sunrise to Sunset from ALL Levels of this Siesta Key Luxury Vacation Rental! It's always about the location and the view, and this home has both! With Balconies on All Levels, and an Oversized 500 square foot Roof Top Deck, there is not a bad view in this home. The Private Heated Pool and Spa are spectacular. You'll enjoy the waterfall wall that offers a decorative privacy feature. The Spa overflows into the pool, and the ledge functions as a Swim Up Bar with 5 Pool Bar Stools! Talk about a Happy Hour spot! There are plenty of chairs and loungers outside of the pool. You will also enjoy the Covered Lanai adjacent to the pool area that features a TV, Ping Pong, Pub Tables and Seating, Fans, and a Refrigerator and Deep Freezer. This Siesta Key luxury rental is just steps to Siesta Key Beach and about a 3-minute walk to Siesta Key Village. Walk, Bike, or catch the Trolley and explore Siesta without the hassle of a car.
This Siesta Key luxury vacation rental has been an established vacation rental with projected 2024 gross income of $426, 000.
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$4,999,000
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 | $3,999,200 | $3,999,200 | $3,999,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.750% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.799% | 6.876% | 6.850% |
Monthly Tax Payment | $2,520 | $2,520 | $2,520 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $26,607 | $25,939 | $35,113 |
Total Monthly Payment | $29,252 | $28,584 | $37,758 |
* 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.