LOCATION, LOCATION, LOCATION! This 2 bed, 2 bath third floor condo in the desirable House of the Sun community offers a spacious open floor plan, good sized balcony with partial ocean views and is ready for new owners. Whether you are looking for a vacation home or an investment opportunity you will not be disappointed! Being tastefully furnished this unit is being offered turnkey and is move in ready. Sit on your balcony enjoying the sea breeze whilst drinking your morning coffee, then saunter down to the fabulous Siesta Key beach with the quartz sand, which never gets hot, take a morning stroll or soak up the sun and swim in the clam waters of the Gulf of Mexico. YOU CAN BRING YOUR PET TOO! House of the Sun is one of the few communities on Siesta Key which allow owners to bring their pets! House of the Sun is a secure building with fob entry, a heated pool, two private sun decks on the 4th and 5th floors, tennis court, private beach chairs, BBQ & picnic areas, a storage unit and much more! Alternatively cross the street for your evening’s entertainment with live music, shops and restaurants or take the free trolley bus to the famous Siesta Key village. This truly is a magical place with a tropical feel which you will never want to leave! This great location allows easy access on and off the island to all that Sarasota has to offer. With great rental restrictions of only 3 nights minimum stay makes this community a great investment should you decide to rent your unit when you are not personally using it and for further peace of mind new hurricane impact windows are being installed in December!
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Our Executive Mortgage Banker:
Our Insurance Division:
$949,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $759,200 | $759,200 | $759,200 |
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 | $627 | $627 | $627 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $5,115 | $4,987 | $6,718 |
Total Monthly Payment | $5,834 | $5,706 | $7,437 |
* 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.