115 Edmondson AVENUE, Siesta Key, FL, 34242 | $2,300,000

$100, 000 REDUCTION | BOATERS DREAM | REMODEL READY | FEMA-50 RULE EXEMPTION | 7 DAY RENTALS | RELAXED BUILDING CODES | Step into a piece of Siesta Key history and envision the luxury lifestyle that awaits you at The Morrison House. Nestled along one of the island’s most coveted canals, just 15 minutes from the open Gulf and a short distance to Sarasota Bay, this property offers a rare opportunity to create your dream waterfront retreat. With recent 6-inch flood damage, the home is ready for a remodel, and thanks to its historically designated status (in city limits), it comes with a few unique advantages: 7 day rental periods, no 50-FEMA rule and more relaxed building codes, giving you the freedom to customize or expand without typical restrictions.

THE FOLLOWING REPAIRS HAVE BEEN COMPLETED:
- NEW POOL PUMP
- REPAIRED DOCK LIFT
- NEW ELECTRICAL PANEL
- NEW AC #2/2
- REMEDIATION COMPLETE
- MOLD RESULTS POSITIVE NO MOLD PRESENT

Originally built in the 1940s by Delbert Morrison as part of the original fishing village, the home was significantly remodeled in 1995 to include a spacious bedroom suite and expanded living room. The interior was remodeled again between 07' and 14'. Featuring 3 bedrooms, 3. 5 baths, and a versatile loft, it's ideal for hosting family and friends in your future coastal escape. Outside, you'll find a working pool and spa, along with a boat dock and lift, offering direct water access for boating. Additionally, the property includes beach access, just a 10-minute walk away at the end of Shell Rd, perfect for enjoying the sun and sand of Siesta Key’s pristine shores.

Imagine transforming this Key West-style historic home into a luxurious waterfront escape that blends timeless character with modern elegance. Whether you preserve its heart pine floors and vintage architectural details or opt for a contemporary update, the possibilities are endless. Set on prime waterfront land, the home invites you to create a personalized haven where you can enjoy serene canal views and quick access to the Gulf for your boating adventures.

With its unbeatable location, working pool and spa, beach access, and historical significance, The Morrison House offers not just a property but an opportunity to craft a luxury lifestyle. Picture yourself relaxing in your custom-designed outdoor space, entertaining guests with the backdrop of the canal, or soaking in breathtaking sunset views. This is more than just a home—it’s your chance to own a piece of Siesta Key’s past while living the waterfront life of your dreams. Don’t miss this rare opportunity! | *One or more Photo(s) has been virtually staged.

Features

  • Rooms: 8
  • Bedrooms: 4
  • Baths: 3 full / 1 half
  • Laundry: Inside, Laundry Room
  • Style: Bungalow, Florida, Historical, Key West
  • Year Built: 2000
  • Garage: 1-car Driveway, On Street
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 2,812
  • Acreage: 0.23
  • Est. Taxes: $20,026
  • Lot Desc: FloodZone, In County, Street Dead-End
  • View: Garden, Pool, Water
  • Elem. School: Phillippi Shores Elementary
  • Middle School: Brookside Middle
  • High School: Sarasota High
  • Pool: Gunite, Heated, In Ground
  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • MLS#: A4626637
  • Days on Market: 27 days
  • Website: https://www.raveis.com
    /eprop/A4626637/115edmondsonavenue_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 8:32:10 AM)
Listing courtesy of KELLER WILLIAMS ON THE WATER S   Phone: 941-803-7522

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

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
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

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
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

115 Edmondson AVENUE, Siesta Key, FL, 34242

$2,300,000

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 $1,840,000 $1,840,000 $1,840,000
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 $1,669 $1,669 $1,669
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $11,782 $11,782 $16,155
Total Monthly Payment $13,576 $13,576 $17,949

* 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.