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Presented by
Jim Gammello |
5641 MIDNIGHT PASS ROAD, #904, Siesta Key, FL, 34242 | $375,000
Rarely available and beautifully updated, this second-floor 1-bedroom, 1-bathroom residence in White Sands Village is the perfect coastal retreat or investment opportunity. Ideally located just across the street from world-famous Siesta Key Beach, this condo also enjoys a coveted view of the lush courtyard, a serene setting to relax and unwind. This turnkey furnished unit is move-in ready and features a bright, open floor plan, tasteful coastal updates, and a lanai that provides extra living space. The A/C is serviced annually and in excellent working condition. White Sands Village is a hidden gem, known for its affordability and strong amenities. Enjoy a heated community pool, a newly renovated clubhouse with kitchen and gathering spaces, community boat docks available on a first-come basis for a small fee, and beautifully maintained grounds with paver roadways and covered carports. Small pets are welcome for both owners and tenants, which is a rare find on Siesta Key. With a liberal two-week minimum rental policy and a rental agent on site, this community allows for steady income potential—making it a smart investment as well as a personal getaway. Even better, you can hop on the free Siesta Key trolley right nearby, which will take you into Siesta Key Village for dining and shopping or all the way to downtown Sarasota for cultural attractions. Don’t miss this chance to own a piece of paradise in one of Siesta Key’s most desirable communities. This unit combines comfort, location, and income opportunity all in one.
Features
- Heating: Electric
- Cooling: Central Air
- Levels: 1
- Rooms: 4
- Bedrooms: 1
- Baths: 1 full
- Laundry: Outside
- Complex: WHITE SANDS VILLAGE
- Year Built: 1975
- Approx Sq. Feet: 797
- Acreage: 5.95
- Est. Taxes: $3,678
- Condo Fee: $2,774 Quarterly
- Pet Policy: Cats OK, Dogs OK
- Appliances: Dishwasher, Disposal, Range, Refrigerator
- MLS#: A4662852
- Days on Market: 74 days
- Website: https://www.raveis.com
/raveis/A4662852/5641midnightpassroad_siestakey_fl?source=qrflyer
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.
Jim GammelloBroker Associate
941.699.6283
Jim.Gammello@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
5641 MIDNIGHT PASS ROAD, #904, Siesta Key, FL, 34242
$375,000
Jim Gammello
Broker Associate
William Raveis Real Estate
Phone: 941.699.6283
Jim.Gammello@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 | $300,000 | $300,000 | $300,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.375% | 5.490% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.583% | 6.533% | 5.764% |
| Monthly Tax Payment | $307 | $307 | $307 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,775 | $1,872 | $2,450 |
| Total Monthly Payment | $2,156 | $2,253 | $2,831 |
* 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