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Presented by
Jim Gammello |
6326 Midnight Pass ROAD, #101, Siesta Key, FL, 34242 | $950,000
PRICE IMPROVEMENT OF $50, 000!! Step into the epitome of beachfront luxury with this expansive two-bedroom condo nestled on the sought-after sands of Crescent Beach in Siesta Key. Recently remodeled, this first-floor end unit in the prestigious El Presidente complex exudes elegance and modernity. The open floor plan is highlighted by premium granite countertops in both the kitchen and bathrooms, complemented by new, stylish flooring throughout. Fully furnished and turnkey ready, this condo includes all the essentials and luxuries for immediate enjoyment, featuring a recently updated electric panel, a new AC system installed in 2021, and the latest appliances and water heater updated in 2022.
This property not only offers a serene escape with its private beach access but also provides abundant recreational facilities including a tennis court, a pickleball area, and a state-of-the-art fitness room. The heated swimming pool is an inviting oasis, perfect for unwinding or enjoying leisurely days soaking in the sun against the backdrop of the Gulf of Mexico’s sparkling blue waters. El Presidente stands out as a prime investment opportunity, boasting the flexibility of weekly rentals and the convenience of professional on-site management, making it a highly attractive option for generating significant rental income. The gated complex ensures privacy and exclusivity, enhancing the desirability for potential renters and providing peace of mind for owners. The location of this condo offers unparalleled access to Siesta Key’s amenities. It is ideally positioned near the south bridge, allowing for easy entry and exit from the island. A short stroll away, Siesta Key Village offers vibrant dining and shopping experiences, while downtown Sarasota is just a drive away, rich with cultural attractions such as the Ringling Museum of Art and the Sarasota Opera House. Offering both a luxurious retreat and a wise investment, this condo at El Presidente encapsulates the very best of Florida’s Gulf Coast lifestyle. Here, every detail is tailored for comfort, convenience, and class, making it a perfect choice for those seeking a home that promises both personal enjoyment and potential income. Call today for your private showing.
Features
- Elevator: Y
- Heating: Central, Electric
- Cooling: Central Air
- Levels: 1
- Amenities: Fitness Center, Pickleball Court(s), Sauna, Tennis Court(s)
- Rooms: 5
- Bedrooms: 2
- Baths: 2 full
- Laundry: Inside, Laundry Closet, Washer Hookup
- Complex: EL PRESIDENTE
- Year Built: 1975
- Approx Sq. Feet: 1,496
- Est. Taxes: $10,095
- Condo Fee: $1,145 Monthly
- Elem. School: Phillippi Shores Elementary
- Middle School: Brookside Middle
- High School: Sarasota High
- Pets Allowed: No
- Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
- MLS#: A4609571
- Days on Market: 153 days
- Buyer Broker Compensation: 2.50%
- Website: https://www.raveis.com
/raveis/A4609571/6326midnightpassroad_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
6326 Midnight Pass ROAD, #101, Siesta Key, FL, 34242
$950,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $760,000 | $760,000 | $760,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.750% | 6.250% | 6.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.321% | 6.360% | 6.956% |
| Monthly Tax Payment | $841 | $841 | $841 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,929 | $4,679 | $6,725 |
| Total Monthly Payment | $5,862 | $5,612 | $7,658 |
* 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