648 Beach ROAD, Siesta Key, FL, 34242 | $8,980,000

Introducing the epitome of beachfront living — a rare gem nestled on the pristine white sands of Siesta Key Beach. This single-family home offers unparalleled access to the renowned beauty of Siesta Key, where daily beach walks, gentle Gulf breezes, and breathtaking water views are just the beginning. Indulge in the ultimate Florida lifestyle as you unwind after a day on one of Sarasota’s most prominent barrier islands. Watch stunning sunsets from one of the expansive Gulf-front terraces or the equally impressive rooftop deck, complete with a private pool and 360-degree panoramic views. For a change of pace, stroll just minutes to Siesta Key Village for shopping and dining at its finest. Designed to maximize natural light and showcase the Gulf's beauty, this custom-built home features large windows and doors, unique architectural elements, high ceilings, and built-in cabinetry throughout. The open-concept kitchen seamlessly connects to the living and dining areas, perfect for entertaining guests. On the upper levels, a game room, family room, and guest room offer comfortable retreats. The primary suite, occupying the entire third floor, provides a private sanctuary with a sitting area, terrace, and dual bathrooms with a steam room and custom walk-in closets. A striking curved staircase spans all three floors, while a four-stop glass elevator provides easy access from the ground-level garage to the rooftop deck with its stunning private pool. Do not miss this opportunity to embrace island living in this remarkable beachfront estate and start living your dream on Siesta Key. An additional bedroom(s) could be added to the second living level where the game room and guest room are located.

Features

  • Rooms: 8
  • Bedrooms: 2
  • Baths: 2 full / 2 half
  • Laundry: Inside, Laundry Room
  • Style: Contemporary
  • Year Built: 1996
  • Garage: 4-car Garage Door Opener, Oversized, Tandem
  • Heating: Central, Electric, Zoned
  • Cooling: Central Air, Zoned
  • Approx Sq. Feet: 4,750
  • Acreage: 0.25
  • Est. Taxes: $70,169
  • Lot Desc: CoastalConstruction Control Line
  • View: Water
  • Elem. School: Phillippi Shores Elementary
  • Middle School: Brookside Middle
  • High School: Sarasota High
  • Pool: Lighting
  • Pet Policy: Yes
  • Appliances: Bar Fridge, Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Range, Refrigerator, Washer
  • MLS#: A4599479
  • Days on Market: 65 days
  • Website: https://www.raveis.com
    /eprop/A4599479/648beachroad_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 5/28/2024 6:47:07 PM)
Listing courtesy of PREMIER SOTHEBYS INTL REALTY   Phone: 941-364-4000

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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648 Beach ROAD, Siesta Key, FL, 34242

$8,980,000

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 $7,184,000 $7,184,000 $7,184,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.250% 7.000% 7.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.903% 7.128% 7.167%
Monthly Tax Payment $5,847 $5,847 $5,847
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $49,008 $47,795 $64,572
Total Monthly Payment $54,980 $53,767 $70,544

* 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.