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Discover exceptional value just 3 miles from the world-famous white sands of Siesta Key Beach with this meticulously maintained and stylishly updated 2-bedroom, 2-bath second-floor condo in the desirable Imperial Place community. Perfect as a primary residence, vacation home, or investment property, this affordable coastal retreat offers comfort, convenience, and an unbeatable location. Step inside to find a bright and inviting interior featuring upgraded lighting and fans, a beautifully appointed kitchen with granite countertops, wood cabinets, a breakfast bar, and newer appliances including the refrigerator, microwave, and dishwasher. Enjoy year-round breezes from the spacious screened balcony, ideal for relaxing after a day at the beach. The large primary bedroom offers exceptional storage with a huge walk-in closet, and both bathrooms have been tastefully updated. Additional peace of mind comes from the new hot water heater (2024) and well-maintained mechanical systems. This condo makes everyday living effortless with assigned parking, ample guest spaces, and brand-new washers and dryers in the shared laundry room. Each unit also includes a private storage locker and access to on-site bicycle storage, making it easy to cruise to the beach for sunbathing or sunset views. Imperial Place has recently undergone numerous community upgrades with all assessments fully paid, ensuring long-term value for future owners. Residents enjoy a community pool with restrooms, and a low-maintenance lifestyle with a monthly fee of just $725, covering water, sewer, trash, basic cable, and grounds maintenance. Located minutes from Detwiler’s Farmers Market, Gulf Gate’s popular restaurants, shopping, and top-rated schools, this condo sits in an ideal spot for beach lovers and those seeking a carefree Sarasota lifestyle. Flood Zone X adds even greater peace of mind. Don’t miss this opportunity to own an affordable, move-in-ready condo in one of Sarasota’s most sought-after locations!
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:
$219,900
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
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $175,920 | $175,920 | $175,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.125% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.285% | 6.292% | 5.609% |
| Monthly Tax Payment | $213 | $213 | $213 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $999 | $1,069 | $1,426 |
| Total Monthly Payment | $1,287 | $1,357 | $1,714 |
* 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.