Welcome to your new piece of paradise in Peppertree Bay at Siesta Key! This charming 2-bedroom, 2-bathroom condo is located on the coveted Gulf side of Peppertree Bay with a short walk to the white sands of Siesta Key beach. Step inside to find a meticulously furnished getaway with tile throughout the main areas, providing both durability and elegance. The glassed-in 8x18 lanai extends your living space providing the ultimate perch for coffee, cocktails, and al fresco dining. The condo also has a washer and dryer. Large storage closet off the lanai. Both bedrooms are comfortably carpeted, with the master bedroom featuring a spacious walk-in closet, providing ample storage. Peppertree Bay boasts a plethora of amenities to enhance your lifestyle, including two heated swimming pools, clubhouse, BBQ grills, fishing pier on the bay, fitness center, sauna, tennis and pickleball courts, and top-notch security for your peace of mind. Rentals are one-month minimum with 4 individual leases per year. Peppertree is near shopping, dining, entertainment, golfing, boating, and the arts and culture of Downtown Sarasota. Whether you're seeking a permanent residence or a vacation retreat, this condo offers the perfect blend of comfort, convenience, and enjoyment.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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Our Executive Mortgage Banker:
Our Insurance Division:
$719,900
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 | $575,920 | $575,920 | $575,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.945% | 7.159% | 6.538% |
Monthly Tax Payment | $478 | $478 | $478 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,929 | $3,828 | $4,938 |
Total Monthly Payment | $4,499 | $4,398 | $5,508 |
* 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.