6910 Midnight Pass ROAD, #B, Siesta Key, FL, 34242 | $3,650,000

Discover the allure of coastal farmhouse living in this Siesta Key residence, ideally suited as a primary home, second home, or lucrative vacation rental. Nestled minutes away from South Siesta Village and Siesta Key Beach, including Point of Rocks and Crescent Beach for exceptional snorkeling and shelling adventures. Conveniently close to Siesta Key Marina for effortless boat storage and access. Enjoy easy access to the island's amenities via walking, biking, or trolley rides, including restaurants, shops, and entertainment. Boasting approximately 2, 800 square feet of interior space with elevator access to all levels, this home features 5 bedrooms, including 2 master suites with balcony access. Additional amenities include a den, perfect for a game room or office, 5 full bathrooms, 1 half baths, and en suite facilities in all bedrooms. Embrace outdoor living with over 1, 400 square feet of covered patios and balconies, alongside a resort-style pool and spa complete with a waterslide and sun shelf. Enhancing the outdoor experience is a covered pool patio equipped with a TV, seating, dining, and BBQ grill. An enticing investment opportunity awaits, as this property is an established vacation rental managed by the esteemed Vunique Vacations, with a projected gross income of $370, 000 for 2024 as of April.

Features

  • Rooms: 5
  • Bedrooms: 5
  • Baths: 5 full / 1 half
  • Laundry: Electric Dryer Hookup, Washer Hookup
  • Year Built: 2021
  • Garage: 2-car
  • Heating: Central, Zoned
  • Cooling: Central Air, Zoned
  • Approx Sq. Feet: 2,823
  • Acreage: 0.14
  • Est. Taxes: $22,665
  • Pool: Heated, In Ground
  • Appliances: Cooktop, Dishwasher, Microwave, Refrigerator, Washer
  • MLS#: A4600228
  • Days on Market: 57 days
  • Website: https://www.raveis.com
    /eprop/A4600228/6910midnightpassroad_siestakey_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 6/17/2024 5:54:17 AM)
Listing courtesy of COLDWELL BANKER REALTY   Phone: 941-383-6411

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NMLS Mortgage Loan Originator ID 16953

917.838.7300

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6910 Midnight Pass ROAD, #B, Siesta Key, FL, 34242

$3,650,000

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

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $2,920,000 $2,920,000 $2,920,000
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 $1,889 $1,889 $1,889
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $19,427 $18,939 $25,637
Total Monthly Payment $21,441 $20,953 $27,651

* 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.