5950 Midnight Pass ROAD, #311, Siesta Key, FL, 34242 | $819,000

Experience the epitome of vacation living at this turn-key furnished 2-bed, 3-bath retreat nestled in sunny Siesta Key. Designed as a
townhome-style condo, Siesta Beach House offers comfort, style, and ample space for all. With no roads to cross, enjoy direct
private beach access just steps away. Allocated parking ensures convenience for guests.
Step inside to discover a spacious two-level floorplan with large windows and tall ceilings, creating a bright and welcoming
atmosphere. The cozy bedrooms are located upstairs, providing a perfect place to rest after a day of beach adventures. Each
bedroom has its own fully equipped bathroom. Plus, enjoy the convenience of a third full bathroom downstairs.
Outside, unwind on the charming patio with outdoor furnishings, and take advantage of the community grilling area for alfresco
dining. Cool off in style at the community pool or soak up the sun on the deck.
With iconic stops like Siesta Key Village within reach, shopping and dining are just moments away from this idyllic retreat. Perfect for
1-7 day rentals and ideal for investors seeking a lucrative opportunity in the vacation rental market. Rental history available.

Features

  • Heating: Central
  • Cooling: Central Air
  • Levels: 2
  • Amenities: Clubhouse, Laundry, Security
  • Rooms: 5
  • Bedrooms: 2
  • Baths: 3 full
  • Laundry: Inside, Laundry Room
  • Complex: SIESTA BEACH HOUSE
  • Year Built: 1957
  • Approx Sq. Feet: 988
  • Est. Taxes: $6,246
  • Condo Fee: $3,200 Quarterly
  • Elem. School: Phillippi Shores Elementary
  • Middle School: Brookside Middle
  • High School: Sarasota High
  • Pet Policy: No
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • MLS#: A4598955
  • Days on Market: 5 days
  • Website: https://www.raveis.com
    /prop/A4598955/5950midnightpassroad_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 5/17/2024 2:32:12 PM)
Listing courtesy of BETTER HOMES & GARDENS REAL ES   Phone: 941-556-9100

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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5950 Midnight Pass ROAD, #311, Siesta Key, FL, 34242

$819,000

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 Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $655,200 $655,200 $655,200
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 6.875% 6.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.851% 6.989% 6.936%
Monthly Tax Payment $521 $521 $521
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,414 $4,304 $5,798
Total Monthly Payment $5,026 $4,916 $6,410

* 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.