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Location is Key! Bike to Siesta Key Beach and Walk to Local Shopping and Dining! Unbeatable location meets tremendous equity-building potential in this ground-floor, 1-bedroom, 1-bathroom condominium. Situated just minutes from the world-famous quartz sands of Siesta Key, this prime spot is a cyclist's dream for quick beach trips and sits within easy walking distance to an array of local stores, grocery options, and vibrant restaurants. Inside, the unit features a bright, seamless open floor plan highlighted by low-maintenance tile flooring throughout—perfect for effortless coastal living. The chef in you will love the beautifully updated kitchen, while the gorgeously renovated bathroom offers a fresh, modern aesthetic. Stepping outside, you will find your own private, fenced-in outdoor courtyard with a partially covered patio. This rare enclosed space offers a safe haven for your pets and the perfect backdrop for relaxing Florida evenings. The community features a heated pool and an exercise room, putting excellent amenities right at your doorstep. There is also a fenced in doggie run for your furry friend. Best of all, the association recently replaced the roof in 2023, giving you peace of mind. The monthly HOA fee offers true predictable living by conveniently including building insurance, trash, water, sewer and exterior maintenance. Whether you are searching for a personal winter escape from the freezing northern cold or a smart addition to your investment portfolio, this premium location delivers immense potential. The unit is being sold unfurnished and strictly As-Is. It has been priced aggressively to reflect the need for a new HVAC unit, offering a rare, affordable entry point into a phenomenal coastal area. Do not miss your chance to secure your slice of paradise!
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Our Executive Mortgage Banker:
Our Insurance Division:
$145,000
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 | $116,000 | $116,000 | $116,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.125% | 6.500% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.424% | 6.650% | 5.972% |
| Monthly Tax Payment | $151 | $151 | $151 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $705 | $733 | $963 |
| Total Monthly Payment | $931 | $959 | $1,189 |
* 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.