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5780 Midnight Pass ROAD, #308, Siesta Key, FL, 34242 | $950,000
SIGNIFICANT PRICE REDUCTION ON THIS BEAUTIFUL UNIT! This two bedroom two bath unit also has an office which can be converted into a third bedroom if necessary. It has the desirable floor plan and is being sold fully furnished and in excellent condition. The furniture is brand new! You can immediately start enjoying the island life at Gulf & Bay Club. This is truly a resort-style living experience. Gulf & Bay has always been a prestigious gulf front resort on Siesta Key island. The property features 800 feet of private beach frontage, lagoons, and three swimming pools, providing residents with a tropical lifestyle. Gulf & Bay is one of the most amenity-rich properties on the island, offering tennis and pickleball courts, a fitness center with spa and sauna, clubhouses, an electric car charging station, and 24-hour guard gate security. Additionally, the free Siesta Key trolley runs up and down the island, taking you to beautiful Siesta Key Village for shopping, dining, cocktails, and music. At the time of listing, the unit has $42, 974. 08 in rental reservations with Siesta 4 Rent. All reservations in place until closing must be honored by the new owners.
Features
- Elevator: Y
- Heating: Heat Pump
- Cooling: Central Air
- Levels: 5
- Amenities: Clubhouse, Elevator(s), Fitness Center, Gated, Lobby Key Required, Pickleball Court(s), Pool, Security, Storage, Tennis Court(s), Vehicle Restrictions
- Rooms: 3
- Bedrooms: 2
- Baths: 2 full
- Laundry: Inside
- Complex: GULF & BAY CLUB PH 2
- Year Built: 1979
- Approx Sq. Feet: 1,473
- Est. Taxes: $9,138
- Condo Fee: $1,694 Monthly
- View: Garden, Park/Greenbelt, Pool, Water
- Elem. School: Phillippi Shores Elementary
- Middle School: Brookside Middle
- High School: Sarasota High
- Pet Policy: No
- Appliances: Dishwasher, Dryer, Electric Water Heater, Freezer, Microwave, Range, Refrigerator, Washer
- MLS#: A4583939
- Days on Market: 120 days
- Website: https://www.raveis.com
/prop/A4583939/5780midnightpassroad_siestakey_fl?source=qrflyer
Listing courtesy of MICHAEL SAUNDERS & COMPANY Phone: 941-349-3444
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.
Customer Service
888.699.8876
Contact@raveis.com
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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
5780 Midnight Pass ROAD, #308, Siesta Key, FL, 34242
$950,000
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 | $760,000 | $760,000 | $760,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.625% | 6.750% | 6.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.282% | 6.864% | 6.810% |
| Monthly Tax Payment | $762 | $762 | $762 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,866 | $4,929 | $6,673 |
| Total Monthly Payment | $5,720 | $5,783 | $7,527 |
* 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