Welcome to your Siesta Key coastal retreat! Nestled along the pristine Gulf of Mexico, this turnkey furnished property offers a unique blend of amenities, comfort and breathtaking views. Here’s what makes this coastal haven truly exceptional: This 2-bedroom, 2 full bathroom condo is perched on the desirable 5th floor, offering sweeping views of the Gulf of Mexico and #1 rated Siesta Key Beach from nearly every room. Imagine waking up to the sight of shimmering turquoise waters/white sand beach & ending your day with breathtaking sunsets right from your own expansive terrace. Unit 503 offers a rare opportunity to own in the closest weekly rental condo complex to vibrant Siesta Key Village making it a PROVEN profitable investment for vacation rentals or as a personal beachside retreat. Step inside to discover a space that exudes Siesta Key coastal charm. The open-concept living/dining space seamlessly blends relaxation and entertainment, with ample natural light pouring in through expansive sliders featuring electric hurricane roll down protection, that frame the picturesque seascape. Access the terrace from the living or primary suite and enjoy refreshing beverages while watching the sunset sink into the Gulf or 4th of July fireworks! The eat in kitchen is where memories are made and the ample owners suite boasts azure Gulf views, private terrace access, large walk-in closet with storage and an ensuite bathroom with separate vanity area. The guest bedroom is perfect for extended family, friends or renters and has a designated full bathroom and huge walk-in closet. Brand new plush carpet throughout, plentiful extra storage with 1 secure owner's closet & 2 linen closets and in unit washer and dryer make coming back from the beach a breeze! Unit has 1 parking space, 1 storage unit & electric roll down shutters with manual backup for the sliding doors in the living room & primary bedroom. Enjoy the convenience of private beach access, allowing you to indulge in the sun, surf, and sand at your leisure. A 5-minute walk or golf cart ride to the Village, where you'll find an array of dining, shopping, and entertainment options. This exclusive complex stands out as the only one along this stretch of Beach Road with its own private beach and access, presenting a rare opportunity to own a slice of paradise at an unbeatable price. This exceptional property offers an array of amenities including a tennis/pickleball court, putting green, spacious penthouse club room, and a heated pool. The complex has undergone substantial renovations to maintain and enhance its quality. Recent upgrades include a brand-new 2023 roof, with the assessment already paid in full. Additional key updates include: 2014 plumbing updated, 2017 electrical updated, 2019 catwalk railings replaced, 2020 tennis/pickleball court resurfaced. Embrace the allure of sweeping Gulf views, amenities, and unparalleled convenience at your own piece of paradise!
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William Raveis Real Estate
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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 | $776,000 | $776,000 | $776,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.250% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.371% | 6.348% | 6.201% |
Monthly Tax Payment | $564 | $564 | $564 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,715 | $4,778 | $6,548 |
Total Monthly Payment | $5,371 | $5,434 | $7,204 |
* 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.