Welcome to Tivoli by the Sea. This 2 bedroom, 2 bathroom 4th floor condo is an end unit featuring direct views over Siesta Key to the Gulf of Mexico. Currently rented most the year, this property makes for a great investment. It is being offered turnkey fully furnished. The primary and second bathrooms have been completely remodeled. This complex is highly sought after and units rarely come available, the opportunity is now yours. In 2023, this unit generated over $92k in rental revenue. Located just a short walk to Siesta Key village, fine dining & shopping is just a short walk or drive away. Deeded beach access is directly across the street to the sparkling sands of Siesta Key beach. Tivoli allows weekly rentals and this unit earns excellent rental income while still allowing plenty of time for private use. Owners can enjoy use of the penthouse club room with stunning views of the Gulf of Mexico along with a small fitness room. Other amenities include a heated pool, putting green, game room, & tennis courts.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,099,900
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 | $879,920 | $879,920 | $879,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.875% | 6.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.903% | 7.014% | 7.041% |
Monthly Tax Payment | $534 | $534 | $534 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,003 | $5,780 | $7,848 |
Total Monthly Payment | $6,662 | $6,439 | $8,507 |
* 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.