1291 Siesta Bayside DRIVE, #1291-A, Siesta Key, FL, 34242 | $875,000

*INCOME PRODUCING PROPERTY* Welcome to Gulf and Bay Club Bayside! This exquisite 2 bedroom, 2 bath condo is perfectly situated on the bay, just across from the famous Siesta Key Beach. With private access, you can reach the beach in just a 5-minute walk, allowing you to enjoy the sun, sand, and surf at your convenience. Located on the ground floor, this spacious unit offers a tranquil setting overlooking a serene pond with a beautiful fountain, surrounded by lush tropical landscaping.
The master bathroom features two sinks and granite countertops, along with a walk-in shower. The second bedroom is generously sized and can accommodate two full-size beds. The second bathroom also boasts a granite sink, tiled walls, and a bath with a shower over the tub.
The living and dining areas are spacious and filled with natural light, creating a comfortable and airy atmosphere. The well-equipped kitchen boasts granite countertops, stainless steel appliances, a chef faucet, and sink. The entire condo is tiled throughout, providing a clean and modern aesthetic. The hurricane glass lanai offers a peaceful space to relax and enjoy the views. The unit also includes a front-loading washer and dryer for added convenience. Plantation shutters adorn the windows throughout the condo, adding a touch of elegance.
A one-car garage is attached to the property, providing secure parking. Gulf and Bay Club Bayside offers two heated pools, an exercise room, tennis courts, and a new pickleball court. The clubhouse, with its comfortable seating and kitchen facilities, can be reserved for gatherings and celebrations.
For beach lovers, simply walk across the street and down a path to the stunning Crescent Beach on the Gulf of Mexico. Experience the beauty and tranquility of this incredible location. Don't miss out on the opportunity to own this charming Old Key West-style village condo.

Features

  • Amenities: Fitness Center, Gated, Pickleball Court(s), Pool
  • Rooms: 8
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: Inside
  • Year Built: 1988
  • Garage: 1-car
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 1,130
  • Est. Taxes: $6,079
  • HOA Fee: $4,394 Quarterly
  • Pet Policy: Breed Restrictions, Cats OK, Size Limit, Yes
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Range Hood, Refrigerator, Washer
  • MLS#: A4596999
  • Days on Market: 95 days
  • Website: https://www.raveis.com
    /raveis/A4596999/1291siestabaysidedrive_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 5/16/2024 11:17:09 AM)

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NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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1291 Siesta Bayside DRIVE, #1291-A, Siesta Key, FL, 34242

$875,000

Benge Redding Team

Sales Associates

William Raveis Real Estate

Phone: 941.894.4216

BengeRedding@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 Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $700,000 $700,000 $700,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 6.750% 6.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.838% 6.851% 6.915%
Monthly Tax Payment $507 $507 $507
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,716 $4,540 $6,194
Total Monthly Payment $5,315 $5,139 $6,793

* 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.