Prime location! Nestled in the much sought-after beachfront community of Peppertree Bay, this 6th floor unit offers a prime east and south-facing position with partial views of the Gulf and deeded beach access. Conveniently accessible by elevator from the covered garage, residents are protected from the elements as they enter this delightful home.
This spacious 2-bedroom, 2-bathroom open-plan unit features a bright living room seamlessly connected to the dining area. The kitchen, with its practical layout, overlooks both the dining and living room areas, creating a cohesive and welcoming living space. The primary bedroom is both spacious and comfortable, featuring a large built-in closet and an en suite bathroom complete with a single vanity, spacious shower, and extra lighting for added convenience. The second bedroom is equally comfortable and spacious, bathed in natural light streaming through its window.
Another feature well worth mentioning is the large private utility room, equipped with a full-size washer and dryer. The living room and primary bedroom both extend to an enclosed balcony, offering stunning views of Siesta Key from the 6th floor.
Notable features and upgrades include LED lighting and ceiling fans installed throughout the unit in 2021, new flooring in the bedrooms and bathrooms in 2022, new windows in 2021, a roof replacement in 2020, and a new garbage disposal in 2023, all adding to the convenience and value of this, already fantastic property.
Peppertree Bay is a desirable community offering a wealth of amenities, including two heated pools, a fishing pier, BBQ grills with picnic tables, tennis and pickleball courts, a fitness center, and two clubhouses where regular social events are held. For those seeking evening entertainment, Siesta Key Village is a short walk away, offering live music, shops, and restaurants. With easy access off the island to all that Sarasota has to offer, this location is perfect for starting your Florida Dream.
Whether you are looking for a full-time residence or a vacation home, you will not be disappointed with what this stunning unit in Peppertree Bay has to offer.
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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 | $660,000 | $660,000 | $660,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.762% | 6.036% |
Monthly Tax Payment | $603 | $603 | $603 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,226 | $4,226 | $5,795 |
Total Monthly Payment | $4,921 | $4,921 | $6,490 |
* 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.