5880 Midnight Pass ROAD, #804, Siesta Key, FL, 34242 | $1,550,000

$50, 000 price reduction on this turnkey-furnished beach stunner! Start your day gazing at Siesta Key’s famous Crescent Beach and Sarasota’s downtown skyline from your updated 8th floor condo. This stunning remodel includes tile flooring and crown molding throughout the unit. The open concept kitchen has high-end custom soft-close cabinetry, designer hardware and granite countertops. You’ll find plenty of storage with pull-out pantry drawers and a kitchen island with additional storage. Using beautifully curated color and design, the open kitchen flows to the dining, living and enclosed balcony spaces. The Robb and Stucky designer furnishings and color palette combines a sophisticated elegance with a casual beach ambiance that is perfect for Siesta Key’s indoor/outdoor lifestyle. Begin your day by walking up in your large primary bedroom to spectacular views of the beach. The en-suite bathroom has been updated to include dual sinks and a large walk-in shower. Your family and friends will love the beach views from the second bedroom. Impact sliding doors were added to the balcony in 2018. The full-sized laundry room offers additional storage. Casarina is an 89-unit condominium complex that sits on 200 feet of private beach and encompasses seven acres of tropical landscaping. The complex has a clubhouse with kitchen and an exercise room. Spend your days enjoying the beachside pool and spa, play a game of tennis or pickleball on one of the three lighted courts, or relax on the island’s famous crystal sand beach. Hop on the free trolley to enjoy the dining, shopping and entertainment at Siesta Key Village. CASARINA ALLOWS OWNERS ONE SMALL PET.

Features

  • Elevator: Y
  • Heating: Central
  • Cooling: Central Air
  • Levels: 9
  • Rooms: 9
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: Inside, Laundry Room
  • Complex: CASARINA
  • Year Built: 1982
  • Approx Sq. Feet: 1,498
  • Est. Taxes: $9,752
  • Condo Fee: $1,785 Monthly
  • Lot Desc: In County, Landscaped, Near Marina, Near Public Transit
  • View: City, Pool, Water
  • Elem. School: Phillippi Shores Elementary
  • Middle School: Brookside Middle
  • High School: Sarasota High
  • Pet Policy: Number Limit, Size Limit, Yes
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • MLS#: A4605418
  • Days on Market: 55 days
  • Website: https://www.raveis.com
    /prop/A4605418/5880midnightpassroad_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 6/2/2024 10:02:23 AM)
Listing courtesy of COLDWELL BANKER REALTY   Phone: 941-349-4411

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NMLS Mortgage Loan Originator ID 16953

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5880 Midnight Pass ROAD, #804, Siesta Key, FL, 34242

$1,550,000

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 $1,240,000 $1,240,000 $1,240,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 7.000% 6.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.851% 7.128% 7.061%
Monthly Tax Payment $813 $813 $813
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $8,354 $8,250 $11,059
Total Monthly Payment $9,292 $9,188 $11,997

* 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.