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Presented by
Ruiz Group SRQ |
864 Siesta DRIVE, Siesta Key, FL, 34242 | $3,000,000
Now is the perfect opportunity to build your dream home or renovate on the highly sought-after north end of Siesta Key! This prime property boasts wide, breathtaking water views and deep-water access, ideal for boating enthusiasts. The expansive lot spans over 1/3 acre, offering ample space to create a custom retreat. Currently, the first floor of the home needs renovation, as it took on water from recent storms. The second floor, however, remains unaffected. Although being sold for land value, buyers have the option to renovate the existing structure. Inside, the home features an open floor plan with a wall of glass sliders that stretch the length of the home and showcase the stunning water views and seamlessly connect indoor and outdoor spaces. The main level includes three spacious bedrooms, each with its own ensuite bathroom for maximum convenience and privacy and washer dryer hookups. The second floor offers a large private master suite with a walk-in closet, washer and dryer, dual sinks, soaking tub and beautiful walk-in shower. Off the bedroom is a spacious balcony, perfect for enjoying morning coffee while taking in the expansive bay views. The home is gated with a paver courtyard, beautifully landscaped and includes an outdoor kitchen and entertainment bar off the inviting pool. Crafted for boating aficionados, the home features two docks/lifts—one rated for a 20, 000 lb boat and the other for your run-about bay boat. For serious boaters seeking wide, deep waters and quick access to the Gulf of Mexico, this is the perfect place to call home. Enjoy the ultimate combination of location and convenience, with easy access off the island and just moments from the beach. Don’t miss out on this rare chance to own a prime piece of Siesta Key paradise!
Features
- Rooms: 7
- Bedrooms: 4
- Baths: 4 full / 1 half
- Laundry: Laundry Closet, Laundry Room
- Year Built: 1955
- Garage: 2-car Driveway
- Heating: Central, Electric, Zoned
- Cooling: Central Air, Zoned
- Approx Sq. Feet: 3,181
- Acreage: 0.35
- Est. Taxes: $37,589
- Pool: In Ground
- Pets Allowed: Yes
- Appliances: Electric Water Heater
- MLS#: A4628643
- Days on Market: 9 days
- Buyer Broker Compensation: 2.50%
- Website: https://www.raveis.com
/mls/A4628643/864siestadrive_siestakey_fl?source=qrflyer
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.
Ruiz Group SRQSales Associates
941.544.3299
TeamRuiz@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
864 Siesta DRIVE, Siesta Key, FL, 34242
$3,000,000
Ruiz Group SRQ
Sales Associates
William Raveis Real Estate
Phone: 941.544.3299
TeamRuiz@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
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $2,400,000 | $2,400,000 | $2,400,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.750% | 6.500% | 6.500% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.296% | 6.622% | 6.680% |
| Monthly Tax Payment | $3,132 | $3,132 | $3,132 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $15,566 | $15,170 | $20,907 |
| Total Monthly Payment | $18,823 | $18,427 | $24,164 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388