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4906 Primrose PATH, Siesta Key, FL, 34242 | $1,794,000
Presenting an exceptional opportunity to own a substantial canal-front property on beautiful Siesta Key. Spanning nearly 20, 000 sq. ft. , this expansive lot offers breathtaking water views and a tranquil garden landscape. The property is being offered at land value, making it an extraordinary chance to design and build your ideal home in one of the most desirable locations on the island. With 110 feet of frontage on the Grand Canal, the property sits along a very wide part of the canal, providing stunning, must-see views.
The home was affected by Hurricane Helene in September 2024, with 23 inches of floodwater. Professional flood remediation by Servpro included thorough drying, sanitation, and removal of the bottom four feet of drywall, all kitchen and bath base cabinets, shower and tub tile walls, and some flooring. This blank canvas is ready for a full remodel to your specifications or build your dream home on this spacious lot. The home is configured for four bathrooms and five bedrooms, including three bedroom suites with attached baths.
The property features a six-year-old standing seam metal roof and hurricane impact-rated doors and windows, offering both durability and peace of mind. The large lanai, featuring a raised ceiling, provides a perfect setting to enjoy the iconic Siesta Key sunsets. The expansive 15x30 ft. swimming pool and screened enclosure provide panoramic views of the two grand live oaks, lush gardens, and canal.
Conveniently located just a short walk from Siesta Key Village, this property offers easy access to a variety of dining and shopping options. Additionally, it is close to the world-renowned Siesta Key Beach, known for its stunning views and cool quartz sands. The highly rated Out-of-Doors Academy is close as well.
A new floating dock should be installed by the end of November 2024.
The seller is the listing agent and a Florida-licensed Real Estate sales associate.
Please use As-Is contract. Proof of funds required with offers.
Features
- Rooms: 14
- Bedrooms: 5
- Baths: 4 full
- Lot Size: 80 x 222 x 110 x 202
- Laundry: Electric Dryer Hookup, Inside, Laundry Room, Washer Hookup
- Year Built: 1959
- Garage: 2-car
- Heating: Electric, Heat Pump
- Cooling: Central Air
- Approx Sq. Feet: 3,120
- Acreage: 0.46
- Lot Size: 80 x 222 x 110 x 202
- Est. Taxes: $9,518
- Lot Desc: FloodZone, Landscaped, Oversized Lot, Private
- View: Garden, Water
- Pool: Gunite, In Ground, Screen Enclosure
- Appliances: Microwave
- MLS#: A4629047
- Days on Market: 2 days
- Website: https://www.raveis.com
/eprop/A4629047/4906primrosepath_siestakey_fl?source=qrflyer
Listing courtesy of BRIGHT REALTY Phone: 941-552-6036
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
4906 Primrose PATH, Siesta Key, FL, 34242
$1,794,000
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
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $1,435,200 | $1,435,200 | $1,435,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.750% | 6.625% | 6.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.620% | 6.735% | 6.806% |
| Monthly Tax Payment | $793 | $793 | $793 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $9,309 | $9,190 | $12,601 |
| Total Monthly Payment | $10,227 | $10,108 | $13,519 |
* 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