Bright, beachy 3 bedroom corner condo at beautiful Island Reef Condominiums on south Siesta Key. This large unit has over 2000 square feet of inside and lanai living. Recent updates include new paint in grey tones and new carpet in the 2 bedrooms and an updated third bedroom. It is move-in-ready for the new owner. The large kitchen includes granite countertops, soft close drawers, a built-in desk, and a large breakfast bar. From the kitchen and dining area you can enjoy expansive views of the courtyard and grill area with a glimpse of the intracoastal waterway. The condo has a spacious open floor plan that allows for the kitchen, dining, and living areas to flow together and out to the large lanai. The large master bedroom has a wonderful updated ensuite bathroom with dual sinks. There is also a large walk-in closet. The bedroom opens to the lanai were there are wrap around views of the pool and courtyard. Bedroom 2 has a murphy bed and has ample room for dressers, or even an additional bed. The ensuite bathroom has a shower, 2 sinks, and a walk-in closet and dressing area. Bedroom 3 has built -in closets and room for a single bed and dresser. Down the hall is a powder room bathroom. The walk-in laundry room with washer, dryer, and storage shelves is a big plus .
This great 2000 foot condo is perfect for year-round living or snow birding. For those who like to entertain guests, this unit lives like a house with none of the work. if you love boating or fishing, the docks are short walk through the courtyard. Boaters may apply for a boat slip-first come. Slips are available at this time.
Island Reef is one of Siesta Key's premier condo complexes. It is located on south Siesta Key in a beautiful residential area. The complex runs from the Gulf of Mexico to the Intracoastal Waterway. Amenities include: the beach, 2 heated pools, tennis and pickleball courts, a fitness room, clubhouse, bike and kayak racks, grilling patios, boat docks, shuffleboard, a pool table, a video game room, library, and a fun social calendar. There are regular men and women's golf outings. From Island Reef you can take a short walk to three neighborhood restaurants, a marina with boat rentals, and the Turtle Beach playground. The free Siesta Key trolley runs every 20 minutes and makes stops at Island Reef. Hop the trolley, avoid the parking hassle as you ride to Siesta Beach, Siesta Village, and any other destination on Midnight Pass Rd. Island Reef 206G is paradise found! Call for a private showing appointment. There is an on-site rental program.
NOTE; Furnished rooms are virtually staged.
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $656,000 | $656,000 | $656,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.875% | 6.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.903% | 7.014% | 7.041% |
Monthly Tax Payment | $415 | $415 | $415 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,475 | $4,309 | $5,851 |
Total Monthly Payment | $4,982 | $4,816 | $6,358 |
* 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.