1231 Starboard LANE, Siesta Key, FL, 34242 | $1,690,000

Under contract-accepting backup offers. This is a stunning waterfront retreat with endless potential. Nestled in a tranquil and highly desirable location, this charming waterfront residence offers an unlimited opportunity to be part of the Florida lifestyle. Situated on an expansive lot along a scenic wide canal, this home is just three properties away from the open Bay, to ensure breathtaking views and immediately access to boating, sailing, fishing, and all your favorite water activities. This home features 3 bedrooms and 2 baths with functional layout that invites personalization. Whether you choose to make enhancements to the existing structure or undertake a complete rebuild to suit your unique tastes, the possibilities are endless. The outdoor space is equally impressive, with a private courtyard that boasts a sparkling pool and a soothing jacuzzi—perfect for relaxing in the sun or cooling off on warm days. For boating enthusiasts, the property is equipped with a boat lift, while the spacious Tiki hut offers a wonderful space for entertaining or simply unwinding in the shade. Enjoy the cool breeze and watch stunning sunsets over the canal, all from your own backyard. This oversized lot offers an extraordinary opportunity to create your dream home or preserve the current residence as your ultimate waterfront getaway. With a prime location just minutes from the open Bay, this is a rare chance to own your own slice of paradise. Don’t miss out.

Features

  • Rooms: 7
  • Bedrooms: 3
  • Baths: 2 full
  • Laundry: Laundry Room
  • Style: Florida
  • Year Built: 1961
  • Garage: 2-car
  • Heating: Central, Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 1,818
  • Acreage: 0.48
  • Est. Taxes: $18,501
  • Lot Desc: In County, Oversized Lot
  • View: Water
  • Elem. School: Phillippi Shores Elementary
  • Middle School: Brookside Middle
  • High School: Sarasota High
  • Pool: In Ground
  • Pet Policy: Yes
  • Appliances: Range, Refrigerator
  • MLS#: A4628188
  • Days on Market: 15 days
  • Website: https://www.raveis.com
    /eprop/A4628188/1231starboardlane_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 11/21/2024 1:17:08 PM)
Listing courtesy of MICHAEL SAUNDERS & COMPANY   Phone: 941-383-7591

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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

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1231 Starboard LANE, Siesta Key, FL, 34242

$1,690,000

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 $1,352,000 $1,352,000 $1,352,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.625% 6.750% 6.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.282% 6.864% 6.810%
Monthly Tax Payment $1,542 $1,542 $1,542
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $8,657 $8,769 $11,870
Total Monthly Payment $10,324 $10,436 $13,537

* 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.