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This lovely 1, 496 SQ FT, 2 bedroom 2 bath condo has been nicely UPDATED in 2024 and 2025. 2024 UPDATES include, a NEW KITCHEN, STAINLESS STEEL APPLIANCES, LVP FLOORING, COUNTER TOPS, and a IN UNIT LAUNDRY ROOM. 2025 UPDATES include a NEW A/C SYSTEM, IMPACT WINDOWS, IMPACT SLIDERS, SOLID CORE INTERIOR DOORS, BASEBORDS, and CROWN MOULDING. The condo has also been FRESHLY PAINTED.
In 2025, the entire El Presidente property has had a NEW ROOF installed, RESURFACED PICKLEBALL COURTS, and a NEW POOL BATH AREA. The MILESTONE SURVEY IMPOVEMENTS have begun and are scheduled to be COMPLETED SUMMER OF 2026.
El Presidente is a GATED, BEACH SIDE property located directly on SIESTA KEY, and has its own PRIVATE BEACH ACCESS & BEACH FRONT POOL. El Presidente also features a BEACH FRONT OWNERS LOUNGE complete with an ON SITE SAUNA and EXTERIOR GUEST CHANGING ROOMS. HARD TO FIND, El Presidente boasts an ON SITE, HANDS ON, PRO-ACTIVE MANAGEMENT/RENTAL that will provide you with certainty of care and ease of ownership. This property is nicely positioned to be your primary residence, 2nd home, or income generator. This is YOUR opportunity to own a slice of paradise with the benefit of knowing that the heavy lifting has been done. Call me today to schedule arrange your private viewing!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,075,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $860,000 | $860,000 | $860,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.250% | 5.750% | 5.500% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.046% | 5.846% | 5.700% |
| Monthly Tax Payment | $590 | $590 | $590 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $4,749 | $5,019 | $7,027 |
| Total Monthly Payment | $5,464 | $5,734 | $7,742 |
* 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.