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Presented by
Debbie Potoff - Christine Norcross & Partners |
6157 Midnight Pass ROAD, #C11, Siesta Key, FL, 34242 | $525,000
EXCELLENT RENTAL INCOME!! $45K + ANNUALLY – 1 WEEK MINIMUM. TURNKEY FURNISHED. Introducing a captivating Siesta Key condo nestled in the heart of Bay Oaks. This upgraded gem is not just a home; it's a lifestyle, boasting close proximity to the Bay and showcasing proven excellent rental income. Step into a light and bright haven with a renovated kitchen / bathroom and newer tile floors. Relax on your private lanai and soak in the picturesque views of the intercoastal waterway – a perfect spot to unwind and enjoy the beauty that surrounds you. The spacious master bedroom suite features a 12ft closet for extra storage, while the second bedroom/den provides an excellent space for guests. The Bay Oaks complex offers outstanding amenities, including newer BBQ grills in two areas, a large, heated pool, tennis court, clubhouse, fishing pier, and nearby beach access. Capture the essence of Siesta Key living and witness spectacular sunsets from the #1 Beach in Florida. The weekly rental option adds to the allure, making it a perfect investment opportunity. Whether you're looking for a dreamy vacation retreat or a lucrative investment, this Siesta Key condo is a must-see.
Features
- Heating: Central, Electric
- Cooling: Central Air
- Levels: 3
- Amenities: Cable TV, Pool, Tennis Court(s)
- Rooms: 5
- Bedrooms: 2
- Baths: 1 full
- Laundry: Inside
- Complex: BAY OAKS
- Year Built: 1974
- Approx Sq. Feet: 690
- Est. Taxes: $3,793
- Condo Fee: $2,100 Quarterly
- View: Garden, Trees/Woods
- Pet Policy: No
- Appliances: Dishwasher, Disposal, Electric Water Heater, Microwave, Range
- MLS#: A4592571
- Days on Market: 148 days
- Website: https://www.raveis.com
/prop/A4592571/6157midnightpassroad_siestakey_fl?source=qrflyer
William Raveis Family of Services
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.
Debbie Potoff - Christine Norcross & PartnersSales Associate
617.921.9110
Debbie.Potoff@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Bob FlynnVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 6314
508.944.8218
Bob.Flynn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Paul BerriosRegional SVP, Insurance Sales Producer, William Raveis Insurance
978-337-3053
Paul.Berrios@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
6157 Midnight Pass ROAD, #C11, Siesta Key, FL, 34242
$525,000
Debbie Potoff - Christine Norcross & Partners
Sales Associate
William Raveis Real Estate
Phone: 617.921.9110
Debbie.Potoff@raveis.com
Bob Flynn
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 508.944.8218
Bob.Flynn@raveis.com
NMLS Mortgage Loan Originator ID 6314
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $420,000 | $420,000 | $420,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 7.250% | 6.990% | 6.250% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.945% | 7.171% | 6.538% |
| Monthly Tax Payment | $316 | $316 | $316 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,865 | $2,791 | $3,601 |
| Total Monthly Payment | $3,273 | $3,199 | $4,009 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388