MOST DESIRABLE BEACHFRONT Location in Siesta Key! This stunning condo is located within a PRIME BEACHFRONT COMPLEX that offers PRIVATE BEACH ACCESS and is in MOVE-IN CONDITION. As you step inside this fully furnished unit, you’re greeted by an open living area with stylish finishes that create a perfect coastal lifestyle atmosphere!
With a proven track record of generating six-figure rental income, this condo will exceed your expectations whether you're looking for a vacation home or an investment property. The complex’s prime beachfront location ensures CONSISTENT DEMAND YEAR-ROUND. Unlike most rental properties in Siesta Key, this community has flexible rental restrictions with a minimum stay of only 3 nights, making it a fantastic investment opportunity. The on-site professional management team handles all the details, from bookings to maintenance, giving owners peace of mind and ensuring guests have a seamless experience.
The community amenities are designed for year-round enjoyment, including private beach service with chairs and umbrellas, beachfront BBQ grills, and a heated pool. With superb amenities, a sought-after location, and private beach access, this condo offers an exceptional coastal lifestyle. Whether you're looking for a vacation retreat, an investment property, or both, this condo has it all!
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Our Executive Mortgage Banker:
Our Insurance Division:
$749,000
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 | $599,200 | $599,200 | $599,200 |
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 | $409 | $409 | $409 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,986 | $3,982 | $5,053 |
Total Monthly Payment | $4,487 | $4,483 | $5,554 |
* 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.