6732 Sarasea CIRCLE, #202C, Siesta Key, FL, 34242 | $700,000

Welcome to Beach Club at Siesta Key, where an exceptional investment opportunity awaits mere steps from the iconic Siesta Key Beach. This 2-bedroom, 2-bathroom second-floor condo boasts a proven track record in short-term rentals, ensuring a steady income stream for potential investors. With the owner's personal use restricted to 120 days per calendar year, this provides an ideal balance between generating revenue and providing opportunities for leisurely retreats. Upon entering the fully turnkey unit, guests are greeted by sea-inspired decor that sets a serene coastal ambiance. Each living space is equipped with a TV for entertainment, while the modern kitchen features stainless steel appliances and convenient in-unit laundry facilities cater to guests' comfort and convenience. Forget about the hassles of property management; a professional on-site property management team handles everything from bookings to maintenance to cleaning, ensuring a worry-free experience for owners. Guest amenities include a heated pool, a relaxing hot tub, free wi-fi, and complimentary chairs and umbrellas for enjoying beach days. Situated mid-island and just moments away from the Stickney Point Bridge, this condo offers easy access to explore beyond the island. Whether guests seek thrilling adventures like parasailing or prefer activities such as scenic trails, biking, or kayaking, there's something for everyone to enjoy. When it's time to immerse in the vibrant Siesta Key lifestyle, Siesta Key Village beckons with its shopping, dining, and entertainment options, completing the perfect coastal getaway. Situated mid-island and just moments away from the Stickney Point Bridge, this condo offers easy access to explore beyond the island. Whether guests seek thrilling adventures like parasailing or prefer leisurely pursuits such as scenic trails, biking, or kayaking, there's something for everyone to enjoy. When it's time to immerse in the vibrant Siesta Key lifestyle, Siesta Key Village beckons with its shopping, dining, and entertainment options, completing the perfect coastal getaway.

Features

  • Heating: Central, Electric
  • Cooling: Central Air
  • Levels: 2
  • Amenities: Pool
  • Rooms: 8
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: Inside, Laundry Closet
  • Complex: BEACH CLUB AT SIESTA KEY
  • Year Built: 2009
  • Approx Sq. Feet: 744
  • Est. Taxes: $4,666
  • Condo Fee: $2,466 Quarterly
  • Elem. School: Phillippi Shores Elementary
  • Middle School: Brookside Middle
  • High School: Sarasota High
  • Pet Policy: Size Limit, Yes
  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • MLS#: A4601289
  • Days on Market: 31 days
  • Website: https://www.raveis.com
    /prop/A4601289/6732saraseacircle_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 9:05:10 AM)
Listing courtesy of KELLER WILLIAMS CLASSIC GROUP   Phone: 941-900-4151

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NMLS Mortgage Loan Originator ID 16953

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6732 Sarasea CIRCLE, #202C, Siesta Key, FL, 34242

$700,000

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 $560,000 $560,000 $560,000
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 $389 $389 $389
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,820 $3,722 $4,723
Total Monthly Payment $4,301 $4,203 $5,204

* 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.