5531 Contento DRIVE, Siesta Key, FL, 34242 | $2,450,000

One or more photo(s) has been virtually staged. The 3 storms caused only minor damage to fencing and pool cage screening. Miniscule amount of water in garage likely wind-blown. This beautifully designed residence offers the perfect blend of comfort and convenience. Ideally poised on a generous 16, 000+ sq ft lot close to the world-renowned Siesta Key Beach, this home offers easy access to powdery white sands and breathtaking sunsets. Enjoy the convenience of Siesta Village which provides nearby shops and restaurants with a variety of dining and shopping options minutes away. The home is situated at a point on the Grand Canal which curves providing exceptional open serene views. This home is equipped with a majority of hurricane rated windows and sliding doors. The great news is that there was minimal impact from any recent storms (see attached Seller’s Property Disclosure form. )There's an opportunity for a dock at a designated cut-in on the seawall. A large oak tree with a tree swing adds a touch of nostalgia and provides the perfect spot to reflect on the lovely water views. Inside, the home is bathed in natural light, creating a warm and inviting atmosphere throughout. Five generously sized bedrooms ensure comfort and privacy for family and guests. The living areas are generously sized for entertaining with views of the water. The second floor addition was added in 2008 with a separate entrance making the perfect in-law suite or 2 BR guest quarters. The oversized 3 car garage has expansive storage. Step outside to your private oasis, where the expansive outdoor spaces are perfect for enjoying the Florida sunshine. A stunning pool and outdoor entertaining area offer the ideal setting for al fresco dining, lounging, and hosting gatherings with friends and family. Beautiful mature trees adorn the lot and the circular drive offers convenient access. This stunning Siesta Isles home is a rare find, offering the best of Siesta Key living. Don't miss the opportunity to make this your new waterfront paradise.

Features

  • Rooms: 9
  • Bedrooms: 5
  • Baths: 4 full
  • Laundry: In Garage
  • Year Built: 1966
  • Garage: 3-car Covered, Driveway, Garage Door Opener, Ground Level, Workshop in Garage
  • Heating: Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 3,653
  • Acreage: 0.37
  • Est. Taxes: $10,727
  • HOA Fee: $150 Annually
  • View: Water
  • Elem. School: Phillippi Shores Elementary
  • Middle School: Brookside Middle
  • High School: Sarasota High
  • Pool: In Ground
  • Pet Policy: Yes
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • MLS#: A4617570
  • Days on Market: 83 days
  • Website: https://www.raveis.com
    /eprop/A4617570/5531contentodrive_siestakey_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 11/24/2024 4:23:22 AM)
Listing courtesy of MICHAEL SAUNDERS & COMPANY   Phone: 941-951-6660

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

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5531 Contento DRIVE, Siesta Key, FL, 34242

$2,450,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@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

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,960,000 $1,960,000 $1,960,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.625% 6.625% 6.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.282% 6.762% 6.036%
Monthly Tax Payment $894 $894 $894
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $12,550 $12,550 $17,209
Total Monthly Payment $13,569 $13,569 $18,228

* 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.