5 N Casey Key ROAD, Osprey, FL, 34229 | $4,175,000

Iconic Gulf front Mid-Century Modern Beach House on Casey Key perfectly captures the essence of casual coastal living. Casey Key is a private paradise, boasting resident-owned beaches and an exclusive, tranquil atmosphere without the clutter of high rises or traffic. If you seek a serene escape with a touch of sophistication, this property is the perfect fit! Nestled on over a half-acre lot with 100 feet of pristine Gulf Front, this Move-In Ready residence offers breathtaking views, and stunning sunsets from nearly every room. Designed in 1969 by the acclaimed architect Carl Abbott of the Sarasota School of Architecture, the residence features an open living concept that harmoniously blends indoor and outdoor spaces through the walls of glass. With four bedrooms and three and a half bathrooms (two of which are luxurious primary suites), there's ample room to host family and friends. Amazing original features include vaulted ceilings with open beams, textured natural concrete walls with crushed local shells, kitchen cabinetry, Mid-Century Modern furnishings, as well as updated quartz kitchen countertops and stainless appliances. The lush, gated landscape ensures your privacy while allowing you to enjoy the warm Gulf breezes by day and magnificent sunsets in the evening. With no public access beaches within miles, you’ll relish the exclusivity that Casey Key offers. Located just north of the historic Blackburn Point "swing bridge" offers easy on and off access to this magical island. Embrace the Island lifestyle, golf cart to nearby marinas, tiki bars, restaurants, grocery store and more. Casey Key is just a few minutes to Downtown Sarasota and St Armand's Circle as well as The Island of Venice to the south. Notably, Casey Key is the ONLY barrier island in the region with an expressway from Tamiami Trail to I75 creating easy access to I75 and all nearby airports, plus private air travel options are available on The Island of Venice, less than 10 minutes away. The allure of this locale is undeniable, as Casey Key Road was recently acclaimed as the most coveted street nationwide, underscoring the unparalleled status of this magical barrier island. The current owner and neighbors on either side are in process of adding seawalls to their properties, which has proven to expand the beachfront. More information available upon request and more photos coming soon.

Features

  • Rooms: 11
  • Bedrooms: 4
  • Baths: 3 full / 1 half
  • Lot Size: 100 x 264
  • Laundry: In Garage
  • Style: Mid-Century Modern
  • Year Built: 1969
  • Garage: 1-car Garage Faces Side, Oversized
  • Heating: Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 2,380
  • Acreage: 0.57
  • Lot Size: 100 x 264
  • Est. Taxes: $30,415
  • Lot Desc: CoastalConstruction Control Line, FloodZone, In County, Near Marina, Oversized Lot, Private
  • View: Water
  • Elem. School: Laurel Nokomis Elementary
  • Middle School: Sarasota Middle
  • High School: Venice Senior High
  • Appliances: Dishwasher, Dryer, Range, Washer
  • MLS#: N6134765
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /eprop/N6134765/5ncaseykeyroad_osprey_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 9/30/2024 7:17:10 PM)
Listing courtesy of AYERS AND ASSOCIATES REAL ESTATE   Phone: 941-837-2778

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NMLS Mortgage Loan Originator ID 16953

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5 N Casey Key ROAD, Osprey, FL, 34229

$4,175,000

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 $3,340,000 $3,340,000 $3,340,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.250% 6.250% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.336% 6.360% 6.201%
Monthly Tax Payment $2,535 $2,535 $2,535
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $20,565 $20,565 $28,185
Total Monthly Payment $23,225 $23,225 $30,845

* 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.