|
Presented by
Jim Gammello |
5641 Midnight Pass ROAD, #902, Siesta Key, FL, 34242 | $400,000
*Affordable and Stylish Pet-friendly Siesta Key Beach investment condo for 400k! ** Experience the allure of coastal living at White Sands Village, ideally situated along Midnight Pass Road in stunning Siesta Key! This beautifully furnished one-bedroom condo is just a brief walk from the famous Siesta Key Public Beach, making it a prime location for beach lovers. Unique in its welcoming of well-behaved pets, this condo not only serves as a charming island retreat for you and your family but also stands as a lucrative rental opportunity, perfect for guests wanting to experience the beauty of the island with their furry companions. White Sands Village residents enjoy a suite of amenities that cater to both recreation and relaxation. Facilities include exclusive boat docks available on first come first serve basis, a vibrant community pool, and laundry facilities. The white sandy shores of Siesta Key Beach lie directly opposite the community, offering an iconic beach experience. Just to the north, Siesta Public Beach awaits with its picturesque nature trails, multiple tennis and volleyball courts, pickleball, a children's playground, a community pavilion, and a variety of food concession stands. Also within easy driving distance are the serene Crescent Beach and Turtle Beach.
For those who enjoy dining, shopping, and entertainment, the nearby Siesta Key Village presents local-inspired shops and eateries. Beyond the Siesta Key Village, the cultural vibrancy of downtown Sarasota and the city itself beckons with renowned institutions like the Ringling Museum of Art, Sarasota Opera House, and Van Wezel Performing Arts Hall. White Sands Village is not just a home, but a gateway to a lifestyle of leisure and community, offering both a peaceful retreat and a wise investment in one of the island’s most competitively priced communities.
On site rental manager is availble but not obligatory.
Features
- Heating: Central
- Cooling: Central Air
- Levels: 2
- Rooms: 5
- Bedrooms: 1
- Baths: 1 full
- Laundry: Common Area
- Complex: WHITE SANDS VILLAGE
- Year Built: 1975
- Approx Sq. Feet: 797
- Est. Taxes: $3,669
- Condo Fee: $2,260 Quarterly
- View: Garden
- Elem. School: Phillippi Shores Elementary
- Middle School: Brookside Middle
- High School: Sarasota High
- Pet Policy: Cats OK, Dogs OK, Number Limit
- Appliances: Dishwasher, Disposal, Electric Water Heater, Ice Maker, Microwave, Range, Refrigerator
- MLS#: A4607096
- Days on Market: 164 days
- Buyer Broker Compensation: 3.00%
- Website: https://www.raveis.com
/raveis/A4607096/5641midnightpassroad_siestakey_fl?source=qrflyer
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Jim GammelloBroker Associate
941.699.6283
Jim.Gammello@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Yokadi MejiaInsurance Sales Director, William Raveis Insurance
561.335.7966
Yokadi.Mejia@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
5641 Midnight Pass ROAD, #902, Siesta Key, FL, 34242
$400,000
Jim Gammello
Broker Associate
William Raveis Real Estate
Phone: 941.699.6283
Jim.Gammello@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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $320,000 | $320,000 | $320,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
| Monthly Tax Payment | $306 | $306 | $306 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,129 | $2,127 | $2,699 |
| Total Monthly Payment | $2,510 | $2,508 | $3,080 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388