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Rare Canal-Front Opportunity on Siesta Key – Last Available Raw Land Parcels. Don’t miss the final two canal-front parcels on Siesta Key, exclusively offered as a package to one buyer. These gorgeous lots can be kept as individual ¼+ acre parcels or combined into a single ½-acre estate. Build your dream home on the serene, tree-lined canal-front lot and develop the front lot as a revenue-generating rental, guest house, or second home. With separate parcel IDs, the front lot qualifies for a fully independent second home — a rare advantage under current regulations. Key Features - Two Pre-Reviewed Blueprints: One set of architectural plans for each lot, already submitted for initial review, saving you time and effort. Prime Location: Just a short walk to Siesta Key’s world-renowned beaches and vibrant Siesta Key Village. Enjoy fine dining, shopping, and entertainment steps away. Boating Paradise: Approximately 2. 2 miles (20-minute boat ride) from your private dock to Sarasota Bay. Seller includes an allowance for boat lift/dock modifications. Scenic Views: Lush tree-lined canal views along the east and south property lines create a tranquil backdrop. These lots are priced below market value as a package deal. Siesta Key Lifestyle: Live the Florida dream with boating access to Sarasota Bay’s fine dining and leisure, a stroll to pristine beaches, or a short walk to Siesta Key Village’s restaurants and shops. Conveniently located near Sarasota Bradenton International Airport, St. Armands Circle, Sarasota Memorial Hospital, theaters, and more. Don’t miss this rare opportunity to craft your perfect coastal retreat in one of Sarasota’s most coveted locations. Welcome to paradise on Siesta Key!
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,150,000
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
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $1,720,000 | $1,720,000 | $1,720,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.000% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.241% | 6.110% | 5.972% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $9,766 | $10,312 | $14,283 |
| Total Monthly Payment | $9,891 | $10,437 | $14,408 |
* 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.