ISLAND REEF spacious home with WATER views of the intracoastal water. Paradise on the south side of Siesta Key. Walk in to this light and bright home with two bedrooms and two bathrooms. You will appreciate the open-plan livability the 1, 303 Sq. Ft. provides throughout the well-planned space. This home is meticulously care for and loved. The kitchen boasts granite countertops and breakfast bar. There is an office area in the kitchen. Your guests will not want to go home because of the living room and the gleaming views of the tranquil intracoastal water from the screened-in lanai. Tile and carpet flooring. Laundry room is inside for your convenience with cabinets and new Maytag washer and dryer. Updated main bathroom with dual sink. NEW WATER HEATER. Deeded beach access. Residents who live here call it PARADISE. Island Reef community amenity rich community with gulf to bay living. You will find amenities at Island Reef such as boardwalk, heated pools, sauna, pickleball and tennis courts, fitness center and clubhouse. There is a marina and a kayak launch. Live here part time or year round and take advantage of the Florida living at its best. Enjoy the award-winning beaches in the area. Crescent Beach Market is only 6 minutes drive. Siesta Key Village is 10 minutes drive. Stay on the island or explore Sarasota with all its cultural and culinary venues. Experience the world-class shopping and dining. This home can be your winter refuge, a full time residence or investment opportunity. Book your showing today.
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Our Executive Mortgage Banker:
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$650,000
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 | $520,000 | $520,000 | $520,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.945% | 7.133% | 6.256% |
Monthly Tax Payment | $320 | $320 | $320 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,547 | $3,456 | $4,385 |
Total Monthly Payment | $3,959 | $3,868 | $4,797 |
* 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.