5400 Azure WAY, Siesta Key, FL, 34242 | $2,000,000

Under contract-accepting backup offers. Prime location on Siesta Key! This unique coastal neighborhood of Siesta Isles is it's own Island within an Island. This home sits on a desirable cul-de-sac at the end of Azure Way giving it a peaceful atmosphere with minimal traffic. The lot offers you beautiful views of the waterways that surround it because it is at the confluence of two canals. This home is walking distance to the beautiful white sand beach of the famous Siesta Beach and Siesta Village. Enjoy an early morning walk or bike ride on the beach, take a quiet kayak ride or paddle board in the canals or on the beach, watch the beautiful sunsets by the pool and experience the fun of the Sunday evening Drum Circle. A complete relaxed island lifestyle. It also has a great dock and Intracoastal boating access from the back door. This spacious home with 2, 798 Sq ft of living space features all rooms on a single level with a split floor plan. There are 2 large master bedrooms each with en-suites and walk-in closets in addition to a 3rd bedroom. Multiple sliding glass doors and large windows create a natural light with stunning panoramic waterfront views. A spacious open concept family room with high ceilings. The home is situated on a 16, 400 SqFt (0. 38 acres) lot offering privacy from your neighbors and 211 LFT of waterfront on the Grand Canal. Present dock can accommodate a boat up to 28 ft. long. There is also a powered boat lift which can accommodate a 9 ft. beam, and a separate kayak launch area for fishing. Pool resurfaced, pool pump and new A/C all in 2019

Features

  • Rooms: 7
  • Bedrooms: 3
  • Baths: 3 full
  • Laundry: Laundry Room
  • Year Built: 1970
  • Garage: 2-car
  • Heating: Central, Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 2,798
  • Acreage: 0.38
  • Est. Taxes: $6,778
  • HOA Fee: $150 Annually
  • Lot Desc: Cul-De-Sac
  • View: Water
  • Elem. School: Phillippi Shores Elementary
  • Middle School: Booker Middle
  • High School: Sarasota High
  • Pool: In Ground
  • Pet Policy: Yes
  • Appliances: Range, Refrigerator
  • MLS#: A4594116
  • Days on Market: 115 days
  • Website: https://www.raveis.com
    /mls/A4594116/5400azureway_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 5/16/2024 4:32:12 PM)

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5400 Azure WAY, Siesta Key, FL, 34242

$2,000,000

Carlos Santos

Luxury Properties Specialist

William Raveis Real Estate

Phone: 941.735.8302

Carlos.Santos@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 $1,600,000 $1,600,000 $1,600,000
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% 6.989% 6.936%
Monthly Tax Payment $565 $565 $565
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $10,780 $10,511 $14,159
Total Monthly Payment $11,470 $11,201 $14,849

* 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.