5319 Cape Leyte DRIVE, Siesta Key, FL, 34242 | $2,500,000

Priced Reduced for Quick Sale! Step into your island paradise! Sold beautifully furnished, this stunningly renovated 4-bedroom 3 bath home is located in the highly sought after Siesta Isles neighborhood, just minutes to world renowned Siesta Key Beach.   From the moment you enter this fabulous home,  you are met with an expansive open floor plan with water views across the entire back of the house.   Ideal for entertaining, this home affords multiple options for hosting, including a more-formal living room, dining area, a comfortable, cozy den with large screen television, a gourmet kitchen with sit-at bar, and a spacious screened and covered lanai with terrazzo flooring.   The  kitchen features all-white cabinets with black stainless appliances including a 5-burner gas cooktop, microwave/convection double wall oven, and wine refrigerator.   A  convenient pass-through window makes for easy food and drink service to the attached lanai. A split floor-plan, the master suite overlooks the pool and basin and incorporates a separate bedroom - perfect for young grandchildren.   At the opposite side of the house a third bedroom, fourth bedroom/den/office and bath are the ideal guest retreat.   New, large impact windows and sliders throughout the home allow for spectacular sunlight and vistas of the pool and basin.   A beautifully manicured lawn contains a heated salt-water pool and terrace to the basin.   White vinyl fencing at both sides of the lawn affords coveted privacy. A boater's dream, the dock supports a 10, 000 lb lift  and a convenient launch for your kayak.   The attached two car garage has undergone recent enhancements including an epoxy-coated floor, steel cabinetry, and an impact exterior overhead garage door.   Whether you seek an entertainer’s dream home or a serene sanctuary to call your own, this property seamlessly combines both, offering the perfect balance of luxury and tranquility.   Welcome to your new paradise! Bedroom Closet Type: Walk-in Closet (Primary Bedroom).

Features

  • Rooms: 10
  • Bedrooms: 4
  • Baths: 3 full
  • Laundry: Inside, Laundry Closet
  • Year Built: 1963
  • Garage: 2-car Driveway, Garage Door Opener
  • Heating: Central, Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 2,329
  • Acreage: 0.35
  • Est. Taxes: $11,964
  • HOA Fee: $150 Annually
  • View: Water
  • Elem. School: Phillippi Shores Elementary
  • Middle School: Brookside Middle
  • High School: Sarasota High
  • Pool: Child Safety Fence, Heated, In Ground, Salt Water
  • Pet Policy: Yes
  • Appliances: Built-In Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range Hood, Refrigerator, Washer, Water Filtration System, Water Purifier, Whole House R.O. System, Wine Refrigerator
  • MLS#: A4596036
  • Days on Market: 64 days
  • Website: https://www.raveis.com
    /mls/A4596036/5319capeleytedrive_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 11:47:09 AM)

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.

Team RuizSales Associates

941.544.3299

TeamRuiz@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

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

5319 Cape Leyte DRIVE, Siesta Key, FL, 34242

$2,500,000

Team Ruiz

Sales Associates

William Raveis Real Estate

Phone: 941.544.3299

TeamRuiz@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 $2,000,000 $2,000,000 $2,000,000
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 $997 $997 $997
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $13,474 $13,139 $17,698
Total Monthly Payment $14,596 $14,261 $18,820

* 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.