5174 Sandy Cove AVENUE, Siesta Key, FL, 34242 | $4,900,000

Pre-Construction. To be built. Pre-Construction. To be built. Under construction. To be built. Welcome to 5174 Sandy Cove Ave, a pinnacle of contemporary elegance nestled in the heart of Sarasota, Florida. Crafted by architect Mark Sultana in collaboration with DSDG and brought to life by Tidewater Builders, this 3900 sq foot new construction home epitomizes the fusion of exquisite design and impeccable craftsmanship, promising an unparalleled sanctuary for its new owner. Positioned just minutes from Sarasota's pristine white sand beaches, dynamic city life, and a wealth of amenities, this residence seamlessly harmonizes tranquility with convenience. Its proximity to major thoroughfares, shopping districts, culinary delights, and recreational hubs ensures a lifestyle of unparalleled ease and accessibility. Approaching the residence, the striking contemporary facade adorned with graceful architectural accents sets an enchanting tone, complemented by meticulously manicured landscaping that exudes a welcoming ambiance. Step inside to discover an abundance of natural light with a south west exposure, illuminating the expansive open floor plan characterized by soaring ceilings, hardwood flooring, and premium finishes throughout. Designed for effortless entertaining and family gatherings, the living spaces flow seamlessly, inviting intimate connections and cherished memories. The epicurean kitchen stands as a testament to culinary refinement, boasting premium stainless steel appliances, custom cabinetry, and a sprawling center island that beckons both amateur cooks and seasoned chefs alike. From casual breakfasts to extravagant dinner parties, this culinary haven exceeds expectations with every detail. The master suite boasts a lavish ensuite bathroom and an large walk-in closet. Beyond the confines of the interior, the outdoor living spaces beckon with a covered patio ideal for al fresco dining and basking in the warm Florida sunshine. The expansive backyard, complete with an open pool area and 275 feet of corner canal lot, featuring a dock and 20, 000 lb boat lift, offers endless opportunities for relaxation, recreation, and waterfront adventures, providing direct access to Sarasota's endless waterways. Thoughtfully designed with energy efficiency and cutting-edge smart home technology, this residence promises a lifestyle that transcends the ordinary, ensuring comfort and sophistication for generations to come. 5174 Sandy Cove Ave isn't just a homeā€”it's a lifestyle, an embodiment of coastal living in one of Sarasota's most coveted neighborhoods. Seize the opportunity to make this exceptional property your own and embark on the ultimate Florida dream.

Features

  • Rooms: 5
  • Bedrooms: 5
  • Baths: 4 full
  • Laundry: Upper Level
  • Style: Coastal, Contemporary
  • Year Built: 2024
  • Garage: 3-car
  • Heating: Central, Electric, Heat Pump
  • Cooling: Central Air
  • Approx Sq. Feet: 3,723
  • Acreage: 0.35
  • Est. Taxes: $22,385
  • Lot Desc: Cul-De-Sac, Flood Insurance Required, FloodZone, In County
  • View: Water
  • Pool: Gunite, Heated, In Ground, Lighting, Outside Bath Access
  • Appliances: Bar Fridge, Dishwasher, Disposal, Dryer, Range, Washer
  • MLS#: A4631631
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /eprop/A4631631/5174sandycoveavenue_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 12/12/2024 4:51:25 AM)
Listing courtesy of REALTY EXECUTIVES GALLERY   Phone: 941-376-8769

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

5174 Sandy Cove AVENUE, Siesta Key, FL, 34242

$4,900,000

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 $3,920,000 $3,920,000 $3,920,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.625% 6.375% 6.375%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.209% 6.498% 6.579%
Monthly Tax Payment $1,865 $1,865 $1,865
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $25,100 $24,456 $33,879
Total Monthly Payment $27,090 $26,446 $35,869

* 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.