|
A beachfront home for the price of a condo. 540 Beach Road on Siesta Key is a three-story standalone Gulf front residence with private beach access and breathtaking views directly on famed Siesta Key Beach. Privacy and exclusivity await at Tiffany Sands, an enclave of only 9 units. With expansive Gulf views from the moment you open the front door, 540 Beach Road is a detached single-family condo overlooking the sandy shores of the #1 beach in America. This meticulously maintained 2 bedroom, 3 ½ bath home features a bonus cabana room and one-car attached garage. With pride of ownership and nearly 1, 900 sq ft under air, this maintenance-free standalone villa features private beach access. Every floor boasts floor-to-ceiling sliding glass doors and expansive terraces with stunning unobstructed views of the shimmering shores of the Gulf. With just over 3, 000 sq ft total combined living space, the light-filled, open-plan main level consists of a recently remodeled kitchen, half bath, living room and dining area. 16’ newly installed sliding glass doors provide access to the main covered deck, a great spot for your morning coffee and perfect for entertaining or relaxing as you revel at the majestic views of the beach and stunning sunsets. On the upper floor you will find 2 large en-suite bedrooms with private, newly updated full baths. The main suite has spectacular views with floor-to-ceiling sliding glass doors that open to a private deck, the perfect spot for sunning or reading a book. Main suite has 3 large closets and an oversized bathroom with double vanities and skylights. The 2nd bedroom features a cozy deck with sliders and a private bath with skylight. On the upper floor you will find a large laundry closet with new washer & dryer. The downstairs cabana room is complete with full bath and storage, floor-to-ceiling sliders and a covered patio with direct access to the beach. 540 Beach comes with private parking for 5 cars and additional guest parking. 540 Beach is situated precisely one-half mile to the heart of Siesta Key Village and a half mile to world renowned Siesta Key Public Beach. You have the option to make this your forever home or a lucrative vacation rental, as the present owners enjoy months of using the residence for their personal pleasure and rent it for a portion of the year, garnering substantial rental income. Home is equipped with 2 A/C units- one of which is BRAND NEW, new sliders on the upper levels, new hot water heater and storm shutters. 15+ years remain on the roof warranty. A one-of-a-kind property, 540 Beach is a private beachfront residence that feels like a home but is priced like a condo. Available turnkey furnished.
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$1,795,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $1,436,000 | $1,436,000 | $1,436,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.125% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.263% | 6.223% | 6.164% |
| Monthly Tax Payment | $1,291 | $1,291 | $1,291 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $8,380 | $8,725 | $12,118 |
| Total Monthly Payment | $9,796 | $10,141 | $13,534 |
* 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.