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5610 Avenida Del Mare, Siesta Key, FL, 34242 | $6,600,000
Location, Location, Location! Your Siesta Key dream begins here! This exceptional family compound or lucrative beach house rental opportunity is just a short stroll from the world-renowned Siesta Key Beach, famous for its powdery quartz sand and crystal-clear waters.
Nestled on two combined parcels, this unique property offers unparalleled flexibility with two oversized, beautifully updated residences that could serve as a stunning beach house or an investment property. Zoned for residential multifamily use, the property allows for short-term rentals (1–7 days)—ideal for generating income while enjoying a prime location.
The possibilities are endless:
• Combine both townhomes to create a sprawling, panoramic beach-view estate.
• Use the second duplex with two 2-bedroom apartments to accommodate family and guests, or rent them out as short-term vacation rentals for additional revenue.
Both buildings have been meticulously maintained, with storm impact windows and sliding glass doors (installed in 2021) offering peace of mind. These homes withstood the recent storms (including Category 3 Hurricane Milton) with little to no wind damage, showcasing the quality of construction.
• One building features a newer metal roof (installed in 2021), while the second has an all-new metal roof (installed in August 2024). Both received new roof insulation in December 2021.
The true centerpiece of this property is the exotic lagoon-style heated pool, a serene oasis nestled between the two homes. Relax under the gentle waterfall or lounge on the Rocky Mount quartz stone pool deck, bringing a touch of luxury to your outdoor space. The tropical landscaping, professionally designed and completed in February 2022 and November 2024, enhances the lush surroundings, creating a private retreat.
Just one block from Siesta Key Beach, this location offers easy access to the iconic coastline—perfect for beach lovers, water sports enthusiasts, or anyone seeking a tranquil escape by the sea. Beyond the beach, the vibrant Siesta Key Village provides shops, restaurants, and activities for all ages. And when you’re ready to explore, downtown Sarasota is just a short drive away, offering fine dining, art, culture, and more.
Whether you’re looking for a family compound, a high-performing vacation rental investment, or a combination of both, this Siesta Key gem offers incredible potential. Don’t miss your chance to own a piece of paradise in one of Florida’s most desirable beach communities.
Features
- Rooms: 6
- Bedrooms: 7
- Baths: 8 full / 1 half
- Laundry: Inside
- Year Built: 1955
- Heating: Central
- Cooling: Central Air
- Approx Sq. Feet: 5,331
- Acreage: 0.28
- Est. Taxes: $25,666
- Elem. School: Phillippi Shores Elementary
- Middle School: Sarasota Middle
- High School: Sarasota High
- Pool: Deck, Heated, In Ground, Lighting, Self Cleaning
- Appliances: Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Washer
- MLS#: A4629527
- Days on Market: 2 days
- Website: https://www.raveis.com
/eprop/A4629527/5610avenidadelmare_siestakey_fl?source=qrflyer
Listing courtesy of SIESTA KEY RENTAL GENIE INC Phone: 941-894-4485
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
5610 Avenida Del Mare, Siesta Key, FL, 34242
$6,600,000
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 | $5,280,000 | $5,280,000 | $5,280,000 |
| 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 | $2,139 | $2,139 | $2,139 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $34,246 | $33,373 | $45,994 |
| Total Monthly Payment | $36,510 | $35,637 | $48,258 |
* 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