BREATHTAKING WATERFRONT CONDO WITH PANORAMIC LAKE VIEWS LOCATED ACROSS THE STREET FROM SIESTA KEY BEACH! This stunning condo is everything you have been looking for. The high ceilings, large sliding glass doors and bi-level floor plan gives this home a light, bright and open feeling. When you walk in you will be pleasantly surprised by the space and view that the living room has to offer. Perfect for you to host family and friends and the large sliding glass door bring in tons of natural light and leads out to your balcony that looks over the beautiful lake. The kitchen is completely updated with granite counter tops, stainless steel appliances, and tons of cabinet and counter space. In the kitchen you will also find your in-side washer and dryer closet. The master bedroom features plenty of space for a king sized bed, private access to your balcony and a large walk-in closet. The master bathroom is also completely updated and offers a large walk-in shower and extra dressing space. The second bedroom also offers plenty of space and second bathroom features updated countertops along with a tub and shower combo. Downstairs, the oversized 1 car GARAGE has plenty of additional storage for your beach gear, bikes, paddleboards, golf clubs and other toys. This property is perfect for your beach get away or great investment with rental projections over $55k. This home is already set up with Our House at the Beach’s short term rental program and has several leases already in place for next winter season. The community also comes with access to a heated pool, tennis courts, BBQ grills and pavilion. Water, sewer and cable TV are all included in the HOA fee. All of this is located across the street from the world-famous Siesta Key Beach, Siesta Key village with plenty of restaurants, night clubs and shopping!
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Our Executive Mortgage Banker:
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$695,000
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 | $556,000 | $556,000 | $556,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | $571 | $571 | $571 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,699 | $3,695 | $4,689 |
Total Monthly Payment | $4,362 | $4,358 | $5,352 |
* 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.