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5961 MIDNIGHT PASS ROAD, #319, Siesta Key, FL, 34242 | $685,000
Looking for the perfect balance of location, lifestyle and income potential? This one delivers all three. Welcome to your slice of paradise on world-renowned Siesta Key! This spacious 2-bedroom, 2-bath condo is located in the highly sought-after Palm Bay Club, offering the perfect blend of coastal living and resort-style amenities. Located on the second floor, step inside to an open-concept living and dining area filled with natural light. A bright, white kitchen with updated recessed lighting has a smart pass through, so your culinary creations flow to the dining room as easily as your conversation. The dining area, with seating for 6, as well as the living room are turnkey furnished with attractive, neutral décor. Large windows and hurricane rated sliding glass doors lead to a private balcony, creating a seamless indoor-outdoor flow that’s perfect for enjoying the saltwater breeze. Both bedrooms are generously sized, with the primary suite offering an en-suite bath and walk-in closet. The second bedroom is equally comfortable and en-suite as well, making it perfect for guests or family with plenty of privacy for all. The Palm Bay Club is a beach-to-bay community that boasts top-tier amenities, including two heated pools, tennis courts, a fitness center, and private access to the powdery white sands of Crescent Beach. Boat docks, fishing areas, and a bayside barbecue pavilion complete the resort-like experience. This condo offers the ultimate in beachside convenience—minutes from Siesta Key Village, shopping, dining, and entertainment. With its unbeatable location and flexible rental policy, it’s a fantastic opportunity for both personal use and income potential. Don’t miss your chance to own a piece of the Siesta Key lifestyle at The Palm Bay Club. This condo is ready for you to make it your own coastal escape!
Features
- Elevator: Y
- Heating: Electric
- Cooling: Central Air
- Levels: 3
- Amenities: Cable TV, Fitness Center, Gated, Laundry, Spa/Hot Tub, Tennis Court(s)
- Rooms: 4
- Bedrooms: 2
- Baths: 2 full
- Laundry: Common Area
- Complex: PALM BAY CLUB II
- Year Built: 1974
- Approx Sq. Feet: 1,000
- Est. Taxes: $6,449
- Condo Fee: $3,321 Quarterly
- Lot Desc: FloodZone, Landscaped
- Pet Policy: No
- Appliances: Built-In Oven, Dishwasher, Disposal, Freezer, Microwave, Refrigerator
- MLS#: A4659759
- Days on Market: 1 day
- Website: https://www.raveis.com
/prop/A4659759/5961midnightpassroad_siestakey_fl?source=qrflyer
Listing courtesy of MICHAEL SAUNDERS & COMPANY Phone: 941-349-3444
William Raveis Family of Services
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.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Pedro DelgadilloInsurance Sales Director, William Raveis Insurance
305.922.5393
Pedro.Delgadillo@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
5961 MIDNIGHT PASS ROAD, #319, Siesta Key, FL, 34242
$685,000
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
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $548,000 | $548,000 | $548,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 5.990% | 5.250% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.209% | 6.168% | 5.541% |
| Monthly Tax Payment | $537 | $537 | $537 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,111 | $3,282 | $4,405 |
| Total Monthly Payment | $3,740 | $3,911 | $5,034 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388