On beautiful Palm Island in the heart of Siesta Key and just 2 blocks from world famous Siesta Key Beach, you'll find this fantastic modern island waterfront home with 4 bedrooms, 3. 5 baths, designer finishes, incredible pool/lanai/summer kitchen, and private elevator, located on a great canal front lot with dock and lift for your boat. Sold turnkey furnished for your convenience, purchase as your own full or part-time home or use as an investment property with great rental income. The first level features an indoor/outdoor swimming pool and spa, screened-in lounge area and full outdoor kitchen with stainless appliances and gas range making it the perfect place for family fun and entertaining. The main living space features a spacious modern kitchen with 4-burner gas range, stainless appliances, bar style dining, and upgrades including pendant lighting, wine refrigerator and convenient pot filler. The 2-story living room boasts a soaring ceiling, impressive windows, screened terrace access, and electric fireplace that creates a relaxing ambiance. Relax in the private owner's suite bathed in light through the glass block wall feature and luxuriate in the owners spa-like bath with jetted tub, gorgeous granite counters, etched glass, and Toto toilet system. Upstairs you'll find 3 spacious bedrooms and 2 full baths, and a bonus loft space and terrace with great sunset views. 2 laundry rooms are conveniently located on the second and third floors. Floors in the residence are polished white travertine, white oak plank & coquina style brick. All windows and doors are impact. The screened lanai is a master class in the Florida lifestyle; enjoy your heated pool and spa surrounded by tropical plantings and a view towards the canal. From your dock with boat lift, explore the sparkling waterways of Florida's Gulf Coast. Generous 2 car garage with extra space for storage and paver driveway with ample parking. Great location just a short distance to cafes and shops in the nearby bustling Siesta Key village, and close to shopping, restaurants, hospitals and the many cultural activities in Downtown Sarasota. World-class living on many levels, Siesta Key is home to the #1 beach in the nation.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,500,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $2,000,000 | $2,000,000 | $2,000,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.875% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.838% | 6.989% | 6.850% |
Monthly Tax Payment | $1,789 | $1,789 | $1,789 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $13,474 | $13,139 | $17,560 |
Total Monthly Payment | $15,388 | $15,053 | $19,474 |
* 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.