Capture the essence of the Siesta Key Beach lifestyle from this updated, expansive two-bedroom, two-bath west-facing corner unit offering views of the award-winning Siesta Key Beach. Step into a beautifully finished unit flooded with natural light and boasting an open floor plan with neutral tile throughout. This unit is in move-in-ready condition and is offered turnkey. It features a newer kitchen, updated bathrooms, stainless steel appliances, walk-in closets, ample storage, impact-resistant glass windows, and slider doors, as well as shutters.
Nestled in the heart of Siesta Key, this condo provides seamless access to the island's vibrant attractions. Enjoy the proximity to the beach with tennis and pickleball just steps away. Siesta Key Village just down the road offers eclectic dining and boutique shopping options. Explore the island effortlessly via bike or go on a leisurely walk to various attractions. You can also take the free trolley service which stops right in front of the Beach Way building.
The Beach Way complex offers a dedicated covered parking space, amenities such as a large, heated pool with an outdoor grilling area, a social room with a kitchen, as well as a dedicated storage closet for beach essentials. You can take the stairs, or an elevator directly to your floor. This well-maintained community has undergone recent upgrades, including a new roof in 2020, an updated elevator installed in 2019, re-plumbed stacks completed in 2018, refreshed landscaping in 2020, and the addition of new vinyl fencing in 2021.
The quarterly condo association fee covers access to all the amenities, pest control, basic cable, water/sewer services, weekend on-site maintenance, and community insurance.
Whether seeking an island retreat, full-time residence, or an investment opportunity, this condominium caters to diverse lifestyle preferences. Enjoy rental income potential while relishing personal use during vacant periods. This property is a remarkable find for those seeking the ultimate coastal lifestyle by offering unparalleled proximity to Siesta Key Beach.
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$675,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $540,000 | $540,000 | $540,000 |
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% | 7.159% | 6.538% |
Monthly Tax Payment | $602 | $602 | $602 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,684 | $3,589 | $4,630 |
Total Monthly Payment | $4,378 | $4,283 | $5,324 |
* 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.