A Remarkable Investment Opportunity Prepare to be captivated by one of the most sought-after investment properties on Siesta Key. Nestled just steps away from world-famous Siesta Key Beach, this stunning 2-bedroom, 2-bathroom townhouse offers a private beach experience like no other. With its own private beach access, you'll feel like you've stumbled upon a hidden paradise. Upon arrival, you'll be greeted by a relaxing patio adorned with umbrellas and chairs, inviting you to savor your morning coffee or afternoon tea while basking in the Florida sunshine. With an incredible 3-day minimum rental requirement, this property offers an unbeatable opportunity to maximize your returns. Alternatively, you can choose to indulge in the ultimate Florida lifestyle by using it as your personal sanctuary, immersing yourself in the beauty and charm of Siesta Key. Siesta Beach House provides its owners and guests with exclusive access to beach chairs. These units are in high demand, consistently generating excellent income, making this a wise and lucrative investment decision. Don't let this remarkable opportunity slip through your fingers. Embrace the Siesta Key lifestyle and secure your piece of paradise today. Contact us now to make your best investment and embark on a journey of coastal bliss and financial opportunity.
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Our Executive Mortgage Banker:
Our Insurance Division:
$750,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $600,000 | $600,000 | $600,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.125% | 4.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.512% | 6.273% | 5.248% |
Monthly Tax Payment | $521 | $521 | $521 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,743 | $3,646 | $4,742 |
Total Monthly Payment | $4,355 | $4,258 | $5,354 |
* 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.