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Pre-Construction. To be built. Introducing MotorLuxe Suites Siesta Key—an owner-only private garage community designed for the high-end automotive lifestyle. The property features a private road with dual secured entry gates providing controlled access. There are 13 individually owned garage condominiums, including six estate units. The estate units offer approximately 1, 008 square feet (24’ W × 42’ D) and feature front and rear garage doors measuring (12’ W × 14’ H) and (14’ W × 10’ H), both fully insulated and motorized, along with a separate pedestrian entry door, a private balcony, and 24-foot ceiling heights. The front-to-rear garage configuration provides convenient drive-through access and added flexibility for vehicle or trailer storage. A 24-hour security monitoring system provides continuous monitoring and added protection. Buildings are constructed with solid concrete tilt-wall construction designed to withstand up to 150-mph hurricane-force winds. Interior features include fully insulated walls, an efficient climate-controlled split HVAC system, a half bathroom, utility sink, quality concrete floors, a fire sprinkler system, high-speed internet wiring, multiple GFCI outlets, and wide driveways for easy vehicle maneuvering. The community is well-lit and enclosed with perimeter fencing. Owners can enjoy lake views from their private space, with the flexibility to include a private office within the garage suite, take advantage of kayak access, or relax and entertain family and friends in a beautiful environment. Each unit allows extensive customization, offering the flexibility to create a personalized retreat for vehicles, hobbies, or workspace use. Situated approximately 24 feet above sea level, the property provides an added advantage as a desirable hurricane evacuation location. Conveniently located just one-half block east of Beneva Road on Clark Road, the community is only minutes from Siesta Key. Discover the opportunity to create a space that fits your lifestyle.
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:
$550,000
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
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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 | $440,000 | $440,000 | $440,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 5.990% | 5.125% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.137% | 6.132% | 5.396% |
| Monthly Tax Payment | $451 | $451 | $451 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,464 | $2,635 | $3,508 |
| Total Monthly Payment | $3,007 | $3,178 | $4,051 |
* 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.