Discover an upscale casual beachside living experience in this fabulous, renovated two-bedroom, two-bath turnkey furnished Siesta Key condominium on the world-famous white sands of Siesta Beach. Offering a partial gulf view, this fifth-floor unit has been completely remodeled. Owned by the same family for over 46 years, their pride in ownership is evident. The living room and dining room have been tastefully furnished, creating a fresh, modern ambiance and a comfortable, relaxing space. The unit is equipped with HD Smart televisions in the living room and both bedrooms, allowing you to access your favorite streaming services. The well-planned kitchen features new cabinets, quartz countertops, subway tile backsplash and new appliances. The modern design makes it a delight for any cooking enthusiast and is stocked with every accessory needed for your culinary endeavors. Both bathrooms have been artfully remodeled featuring spectacular quartz countertops and subway tiled showers. The updated fixtures, elegant design and meticulous attention to detail ensure a luxurious and relaxing spa-like experience after a day at the beach. Both bedrooms have been carefully designed to create a tranquil atmosphere, allowing you to unwind and recharge. Featuring new furnishings, the primary bedroom provides a king-size bed, while the guest bedroom is newly furnished with twin beds. The recently installed central air conditioning system lets you stay cool and comfortable on warm days. For your convenience, an in-unit, full-sized washer and dryer is in the entry closet. Freshly painted with a new ceiling texture, and impact windows have been installed, making it a safe, pleasant and peaceful environment. This residence offers an upscale and comfortable beachside living experience with attention to detail, modern amenities, and thoughtful upgrades creating an inviting and memorable vacation retreat. A popular vacation community, House of the Sun offers a range of amenities for residents to enjoy. Beachfront tennis and pickleball courts allow you to enjoy a friendly game while savoring the stunning beach views. The pool provides a refreshing retreat, and the community recreation center offers additional space for relaxation and socializing. The complex provides a barbecue area for outdoor dining and gathering, where you can prepare delicious grilled meals and dine alfresco overlooking the beach and the azure waters. Best of all, two fabulous sun decks are available for sunbathing or marveling at the captivating blazing sunsets each evening over the Gulf of Mexico. It’s a pet-friendly complex for owners. One of the unique features of the complex is its convenient under-cover parking garage with easy access to your floor by elevator. For owners interested in renting, the liberal seven-night minimum rental policy maximizes rental potential with an active, outstanding onsite manager and rental program. In 2022, gross rents were $65, 000. And 2023 bookings are on track to potentially gross $75, 000-$80, 000. House of the Sun offers an ideal location on Siesta Beach and is just a short distance from the south village, where you'll find a diverse selection of restaurants, entertainment and shopping options. It’s minutes over the bridge to mainland Sarasota’s shopping, restaurants, entertainment and cultural amenities.
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William Raveis Real Estate
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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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $831,200 | $831,200 | $831,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.875% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.851% | 6.989% | 6.936% |
Monthly Tax Payment | $838 | $838 | $838 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,600 | $5,460 | $7,355 |
Total Monthly Payment | $6,563 | $6,423 | $8,318 |
* 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.