1125 W Peppertree DRIVE, #706, Siesta Key, FL, 34242 | $930,000

Location, location, location. Nestled in the much sought after community of Peppertree Bay, this 7th floor condo offers spectacular views of Siesta Key and Sarasota. With the ever-changing views by day and the magical glistening views of an evening you will never be disappointed! Peppertree Bay is the perfect beach retreat allowing access to both the gulf and Bay …. you truly have found Paradise! This 2 bed, 2 bath gulf side condo with a spacious floor plan, offers a custom kitchen with quartzite counter tops, mosaic tile backsplash, a center island with breakfast bar, ample cabinet space and stainless-steel appliances. The spacious dining and living area open onto the balcony extending the living space and is perfect for entertaining friends and family. Both bedroom suites also have access to the balcony and are on separate sides of the home allowing privacy for family and guests. The home offers tile flooring throughout, ample storage, an in-unit washer & dryer, and the most amazing custom utility room with storage galore! Peppertree is a desirable community offering two heated pools, fishing pier, BBQ grills with picnic tables, tennis & pickleball courts, fitness center and two club houses with fully fitted kitchens where regular social events are held should you wish to join in. Alternatively walk to Siesta Key Village for your evening’s entertainment with live music, shops, and restaurants. Siesta Key is truly a magical place with a tropical feel which you will never want to leave! With easy access off the island to all that Sarasota has to offer this is the perfect place to start your Florida Dream! Whether you are looking for a full-time residence or a vacation home you will not be disappointed and most importantly this unit is being offered turnkey furnished and is move-in ready, just bring your toothbrush! Bedroom Closet Type: Built In Closet (Primary Bedroom).

Features

  • Elevator: Y
  • Heating: Electric
  • Cooling: Central Air, Humidity Control
  • Levels: 1
  • Rooms: 10
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: Laundry Room
  • Complex: PEPPERTREE BAY III
  • Year Built: 1974
  • Common Charge: $1,206 Monthly
  • Approx Sq. Feet: 1,163
  • Acreage: 4.27
  • Est. Taxes: $6,256
  • Lot Desc: FloodZone, In County, Landscaped
  • View: City, Water
  • Elem. School: Gulf Gate Elementary
  • Middle School: Brookside Middle
  • High School: Riverview High
  • Pet Policy: No
  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • MLS#: A4602902
  • Days on Market: 48 days
  • Website: https://www.raveis.com
    /prop/A4602902/1125wpeppertreedrive_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 5/21/2024 2:06:58 AM)
Listing courtesy of COLDWELL BANKER REALTY   Phone: 941-349-4411

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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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1125 W Peppertree DRIVE, #706, Siesta Key, FL, 34242

$930,000

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 $744,000 $744,000 $744,000
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 $521 $521 $521
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $5,075 $4,888 $6,635
Total Monthly Payment $5,688 $5,501 $7,248

* 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.