5600 Beach Way DRIVE, #215, Siesta Key, FL, 34242 | $675,000

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.

Features

  • Elevator: Y
  • Heating: Electric
  • Cooling: Central Air
  • Levels: 3
  • Rooms: 9
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: Common Area, Outside, Same Floor As Condo Unit
  • Complex: BEACHWAY APTS
  • Year Built: 1970
  • Approx Sq. Feet: 1,259
  • Est. Taxes: $7,227
  • Condo Fee: $3,400 Quarterly
  • View: Water
  • Elem. School: Phillippi Shores Elementary
  • Middle School: Brookside Middle
  • High School: Sarasota High
  • Pet Policy: No
  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • MLS#: A4593173
  • Days on Market: 137 days
  • Website: https://www.raveis.com
    /prop/A4593173/5600beachwaydrive_siestakey_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 5/20/2024 7:17:08 PM)
Listing courtesy of COLDWELL BANKER SARASOTA CENT.   Phone: 941-487-5600

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5600 Beach Way DRIVE, #215, Siesta Key, FL, 34242

$675,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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.