7707 MIDNIGHT PASS ROAD, Siesta Key, FL, 34242 | $4,850,000
Two-acre+/- lot on Little Sarasota Bay with exceptional privacy, views, boating access and development potential. This listing includes two contiguous buildable parcels (ID#s 0127030017 & 0127030018) which are only offered together. This unique lot with mature trees and lush landscaping includes a secluded bay offering protection of your lot and future dock from the elements as well as prying eyes. This visually stunning property has unique topography that culminates in a substantially elevated waterfront pad (be sure to watch our video).
Build the mansion of your dreams with room for a pond, tennis courts, guest house(s) and caretaker’s quarters. The main residence can easily sit 500 feet from Midnight Pass Road and over 1, 000 feet from the high-speed channel of Little Sarasota Bay, providing a tranquil environment to enjoy your castle. County approvals for mangrove trimming and future dock have been obtained. Include a roof-top deck to enjoy Gulf of Mexico (ocean) views and spectacular daily sunsets!
Only 3 miles to world famous Siesta Key Beach with its crystal-white sands: 2 miles to Turtle Beach; and under 4 miles to the Village in North Siesta Key, all of which are accessible by the free Siesta Key Breeze Trolley which will pick you up at your driveway Sunday-Thursday 8 am to 10 pm and Friday-Saturday 8 am until midnight.
Features
- Lot Size: 113 x 771 effective
- Lot Desc: Buildable, Cleared, In County, Near Marina, Near Public Transit, Other, Street Lights
- Elem. School: Phillippi Shores Elementary
- Middle School: Brookside Middle
- High School: Sarasota High
- Pet Policy: Yes
- MLS#: A4519863
- Days on Market: 636 days
- Website: https://www.raveis.com
/prop/A4519863/7707midnightpassroad_siestakey_fl?source=qrflyer
Listing courtesy of 1ST VISION REALTY OF FLORIDA I Phone: 954-850-9526
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
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- 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
Evelio MirandaInsurance Sales Director, William Raveis Insurance
561.704.7334
Evelio.Miranda@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
7707 MIDNIGHT PASS ROAD, Siesta Key, FL, 34242
$4,850,000
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 | $3,880,000 | $3,880,000 | $3,880,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 7.125% | 6.875% | 6.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.851% | 6.898% | 6.915% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $26,140 | $25,489 | $34,334 |
| Total Monthly Payment | $26,265 | $25,614 | $34,459 |
* 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