Presented byTeam Ruiz |
Now is the perfect opportunity to build your dream home or renovate on the highly sought-after north end of Siesta Key! This prime property boasts wide, breathtaking water views and deep-water access, ideal for boating enthusiasts. The expansive lot spans over 1/3 acre, offering ample space to create a custom retreat. Currently, the first floor of the home needs renovation, as it took on water from recent storms. The second floor, however, remains unaffected. Although being sold for land value, buyers have the option to renovate the existing structure. Inside, the home features an open floor plan with a wall of glass sliders that stretch the length of the home and showcase the stunning water views and seamlessly connect indoor and outdoor spaces. The main level includes three spacious bedrooms, each with its own ensuite bathroom for maximum convenience and privacy and washer dryer hookups. The second floor offers a large private master suite with a walk-in closet, washer and dryer, dual sinks, soaking tub and beautiful walk-in shower. Off the bedroom is a spacious balcony, perfect for enjoying morning coffee while taking in the expansive bay views. The home is gated with a paver courtyard, beautifully landscaped and includes an outdoor kitchen and entertainment bar off the inviting pool. Crafted for boating aficionados, the home features two docks/lifts—one rated for a 20, 000 lb boat and the other for your run-about bay boat. For serious boaters seeking wide, deep waters and quick access to the Gulf of Mexico, this is the perfect place to call home. Enjoy the ultimate combination of location and convenience, with easy access off the island and just moments from the beach. Don’t miss out on this rare chance to own a prime piece of Siesta Key paradise!
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$3,000,000
Sales Associates
William Raveis Real Estate
Phone: 941.544.3299
TeamRuiz@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 | $2,400,000 | $2,400,000 | $2,400,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.750% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.333% | 6.876% | 6.936% |
Monthly Tax Payment | $3,132 | $3,132 | $3,132 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $15,566 | $15,566 | $21,238 |
Total Monthly Payment | $18,823 | $18,823 | $24,495 |
* 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.