This is the only property on either Siesta, Lido or Longboat Key that fronts directly onto the walking sand. You can walk the entire stretch of beach right out your back door in the ultra-private and highly sought after Sanderling Club. In a close call for #1, HGTV viewers selected this spectacular beachfront property as their runner-up in the ultimate beachfront homes category. Presiding over sensational views of the Gulf of Mexico behind the private gates of the Sanderling Club, there are few equals when it comes to tranquility, privacy and the rarity of stepping directly onto the sand. Enveloped by magnificent tropical palms, the 1. 3 acre site spreads 150 feet across the shoreline and encompasses a 2 or 3 bedroom principal residence and private 1 bedroom cottage, all extending along one of Siesta Key’s most glorious stretches of sand. With a distinctly Caribbean personality, a refresh of the interior spaces would transform this open design that brings a sense of calm and purpose to every day. The warm palette of cream, taupe and coastal woods, along with luminous skylights and French doors, are a natural fit for the dreamy beachfront setting. It’s easy to feel culinary inspiration in the graceful kitchen, featuring a practical island with Wolf cooktop, built-in GE double oven, Sub Zero refrigerator, walk-in pantry, and wine refrigerator. A great room with wood burning fireplace, formal dining room, study, second level loft and ground level living space provide a wealth of environments for everyday moments and entertaining. A restorative ocean view escape, the owner’s suite is superbly appointed. The island magic continues outdoors, where a wrap-around terrace, screened lanai and private pool deliver unparalleled beachfront spaces to enjoy alfresco living, day and night. Tremendous first level storage is a bonus. This home is charming and perfect for a remodel. Due to the fact that the majority of the list price is allocated to the land value, one may consider building a home commiserate with the other mega homes along the shoreline. A private dock on Heron Lagoon is the gateway to serene kayaking adventures through the mangroves. The Sanderling Club is privileged to feature a clubhouse and beach cabanas designed by one of the founding fathers of Sarasota Modern architecture movement. Boat docks are located on Bayside. While offering a sense of seclusion in a private gated enclave, this property is within easy reach of fine restaurants, organic markets, excellent health amenities, golf courses and more.
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William Raveis Mortgage, LLC
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5/6 (30 Yr)
Adjustable Rate Jumbo*
|Term||360 months||360 months||180 months|
|Initial Interest Rate**||7.250%||7.375%||7.125%|
|Interest Rate based on Index + Margin||8.125%|
|Annual Percentage Rate||7.903%||7.506%||7.354%|
|Monthly Tax Payment||$2,168||$2,168||$2,168|
|H/O Insurance Payment||$125||$125||$125|
|Initial Principal & Interest Pmt||$43,632||$44,176||$57,937|
|Total Monthly Payment||$45,925||$46,469||$60,230|
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.