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This is a rare opportunity to own a Siesta Key modern gem directly on Big Pass with panoramic sunset views of the Gulf of Mexico. Enjoy the expert design work of renowned Architect, Guy Peterson, executed with master craftsmanship in this 4 bedroom, 4. 5 bath home in a private, gated enclave of two modern masterpieces just steps to Siesta Key Village. Each room enjoys unmatched, panoramic views of the blue waters of the Gulf of Mexico by day and unbeatable sunsets and sparkling lights of the Lido Key skyline in the evenings.
Enjoy a fisherman's paradise from the expansive 89 feet of gulf front reinforced seawall or just relax and enjoy the daily show of dolphins and manatees. Located on a beautiful oceeanfront lot of over 11, 000 sf which is secured by a private gate, walls and fencing. A custom water fall, large jacuzzi and dramatic pool create an oasis for relaxing and enjoying all the beauty Siesta Key has to offer. A three (3) car climate controlled garage offers plenty of additional space for convertibles, golf carts and bikes fitting the relaxed island life.
Potential investment opportunities as a short term weekly rental or venue due to special zoning as RMF3 - RESIDENTIAL, MULTI-FAMILY. This location does not carry many of the rental restrictions for other properties on Siesta Key. You can own this home as your own piece of paradise and make rental income at the same time.
The home features worlds of outdoor living space including a large Gulf front lawn and expansive walkways surrounding a luscious and inviting pool and spa. Enjoy the outdoors in any weather on the large, covered patios, perfect for grilling come rain or shine.
Enter on the ground level to the sounds of a tranquil circulating pool that sets the tone of the entire home. Upstairs via steps or an elevator, you'll enjoy breathtaking, sweeping views of the Gulf and Big Pass, wide open living space with wood floors and a Gourmet Kitchen featuring high-end stainless-steel appliances like the Miele 6 burner gas stove, Miele oven, Sub-Zero refrigerator and sleek, Italian cabinetry.
There's a wonderful wet bar and fireplace for at home entertaining. The Owner's Retreat encompasses the top floor with a full-length balcony and wraparound views. This amazing retreat offers privacy and sophistication coupled with proximity to the hum of Siesta Key Village when you're in the mood to socialize. Located just north of Siesta Key Village with a short walk to all of the fun restaurants and amenities.
Listing Broker is also the owner of the property.
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$6,300,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $5,040,000 | $5,040,000 | $5,040,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.750% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.799% | 6.876% | 6.850% |
Monthly Tax Payment | $3,972 | $3,972 | $3,972 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $33,531 | $32,689 | $44,251 |
Total Monthly Payment | $37,628 | $36,786 | $48,348 |
* 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.