5569 Shadow Lawn DRIVE, Siesta Key, FL, 34242 | $1,300,000

NEW BUILD OPPORTUNITY OR REHAB!!

Take advantage of being in the heart of Sarasota | Siesta Key by keeping the original structure, and doing a complete renovation!

You have a solid standing home that comes with PGT hurricane impact windows, preferred sliding glass doors, new roof as of 2019, and this home has a salt water pool with a new pump.

As you walk through the French doors, you are welcomed by an open floor plan that has natural sunlight beaming in from your screened in lanai area. You have two guest rooms to your left, giving you pool access, and your master bedroom is to the right side of the house, office / den in the rear, circling you back to your open family / dining room. Your spacious wrap around kitchen and center island making it a sweet delight for hosting. This home is located in Siesta Isles and this is your golden sweet spot for annual, monthly, and seasonal rentals that are highly sought after year-round. NO HOA Fee Requirement.

Home has been remediated, and completely gutted, disinfected and cleaned since the last photos.

You are a 10 minute walk to Siesta Key Beach, 5 minute bicycle ride, free Siesta Key trolley to get you around the island hassle free.

Features

  • Rooms: 9
  • Bedrooms: 3
  • Baths: 2 full
  • Laundry: Electric Dryer Hookup, Laundry Room, Washer Hookup
  • Year Built: 1966
  • Garage: 2-car Driveway, Garage Door Opener, Oversized
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 2,074
  • Acreage: 0.28
  • Est. Taxes: $6,847
  • Lot Desc: In County, Landscaped, Near Marina, Near Public Transit
  • View: Garden, Pool
  • Elem. School: Pine View School
  • Middle School: Brookside Middle
  • High School: Riverview High
  • Pool: In Ground, Screen Enclosure
  • Pet Policy: Cats OK, Dogs OK
  • Appliances: Electric Water Heater, Refrigerator, Water Filtration System
  • MLS#: A4626421
  • Days on Market: 27 days
  • Website: https://www.raveis.com
    /eprop/A4626421/5569shadowlawndrive_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 11/23/2024 6:47:07 PM)
Listing courtesy of KELLER WILLIAMS ON THE WATER S   Phone: 941-803-7522

William Raveis Family of Services

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Yokadi MejiaInsurance Sales Director, William Raveis Insurance

561.335.7966

Yokadi.Mejia@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
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5569 Shadow Lawn DRIVE, Siesta Key, FL, 34242

$1,300,000

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 $1,040,000 $1,040,000 $1,040,000
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 $571 $571 $571
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $6,659 $6,659 $9,131
Total Monthly Payment $7,355 $7,355 $9,827

* 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.