Huge Price Reduction! Lowest Priced Condominium on Siesta Key, with Full Gulf and Downtown Sarasota Views! SELLERS WILL PAY 6 MONTHS OF THE HOA FEES, AS A BONUS TO A BUYER! This highly sought after community is located on the North end of Siesta Key! 8th floor unit with full views of the Gulf of Mexico, the Skyline of Downtown Sarasota, Lido Key, Big Pass and beyond. This beautiful condo is completely updated and turn-key ready, with furniture; no popcorn ceilings here! European flair with all new tile floors throughout, crown moldings, a spacious Great Room for lounging and enjoying the views; it's even equipped with a double Murphy bed for guests. The newer kitchen, galley style layout, lives large with solid wood cabinets, backsplash tiling, under cabinet lighting, stone counters, and a back door to access the trash shoot and recycling. The grand bedroom also has spectacular water and city views, with access to the all new terrace, what an uplifting display to wake up to in the mornings. There's no shortage of storage here with 2 closets in the grand bedroom, one is a walk-in. And speaking of storage, there are 2 large closets in the entrance way to the condominium, and extra storage with an owner's closet near the first floor lobby. The bathroom layout has not been overlooked, paying attention to convenient details: double sinks, large vanity with extra drawers, and a separate water closet with new fixtures and privacy when having guests sleep over. The condominium has hurricane resistant sliding glass doors, and an all new terrace finished with new railings and flooring, a perfect outdoor area for relaxing and enjoying your morning coffee, or having a glass of wine in the evening. Siesta Towers is an exceptional community with abundant amenities to enjoy, and extensive renovations that make everything feel like a new building. As one enters the double secured doors to the front lobby, a tastefully decorated and all new area will impress. Entertain family and friends in the extra large community club room, with its open kitchen and eat-up island, outdoor grills and extensive lounging and seating, perfect for watching a football game or movie night. Looking for some more Fun? How about a swim in the completely redone community pool, or maybe go fishing on one of two piers, and store your pole in the Fishing Room when you're done. The second pier is perfect for a Social Pier. How about a bike ride around the Island? Well just grab your bikes from the all new Bike Storage Room (in progress). And that's not all, if you want to workout, keep fit in the fitness center. No assessments, and a very well maintained building. Water, trash and Cable TV are included in HOA fee. Located on the North end of Siesta Key, Siesta Towers, is within a short walk to Siesta Key Village, with abundant restaurants and shopping. The mainland is close by, over the North bridge, with a shopping mall, theater and additional restaurants and shopping. Come see all that Siesta Key has to offer!
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Our Executive Mortgage Banker:
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William Raveis Real Estate
RVP, Mortgage Banker
William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr)
Adjustable Rate Conforming*
|Term||360 months||360 months||180 months|
|Initial Interest Rate**||7.250%||6.875%||6.250%|
|Interest Rate based on Index + Margin||8.125%|
|Annual Percentage Rate||7.932%||7.055%||6.538%|
|Monthly Tax Payment||$300||$300||$300|
|H/O Insurance Payment||$75||$75||$75|
|Initial Principal & Interest Pmt||$2,718||$2,617||$3,416|
|Total Monthly Payment||$3,093||$2,992||$3,791|
* 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.