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Waterfront Sanctuary on Palm Island - Outdoor Living Enthusiasts This is the One!
Your party is in the back with your own Very Private Backyard and Pool Area ready for family gatherings, sunset hot tubs, sunrise fishing, & poolside cocktails.
Newer construction meeting all hurricane standards and building codes. All living space is above base flood elevation.
Welcome to an unparalleled blend of sophistication and coastal charm. Located on the exclusive Palm Island neighborhood of Siesta Key, this exquisite residence offers an extraordinary island lifestyle—perfectly positioned along the Grand Canal with close proximity to the pristine, sand Beach of Siesta Key and the vibrant energy of Siesta Village.
Spanning close to 3, 500 square feet of meticulously designed living space, this newly built, custom home provides the ultimate in luxury and island living. The home includes 4 bedrooms, 4 full bathrooms, plus 2 additional half baths. Enjoy an additional, comfortable family room on the second floor. Every detail has been carefully curated to create a seamless balance of form and function. From the moment you enter, you'll be captivated by the open-concept layout, soaring ceilings, and walls of glass that flood the home with natural light, offering breathtaking panoramic views of the Grand Canal, playful manatees, water birds, and lush tropical landscapes. The chef-inspired kitchen is a culinary dream, featuring top-of-the-line Thermador appliances, custom cabinetry, and an expansive, Quartzite island perfect for both cooking and entertaining. The spacious living and dining areas flow effortlessly into the outdoor oasis, where a resort-style pool, hot tub, gas fire pit and outdoor kitchen await. Whether you're hosting guests or simply enjoying a quiet evening, this home offers the ideal setting for any occasion. The first floor primary suite is a true retreat, with ship lap ceiling and accent wall and a spa-like bathroom that includes a walk-in shower and dual vanities. Each additional bedroom/en-suite has been designed with comfort and luxury in mind, providing private, serene spaces for family and/or guests. In addition to the gorgeous interior, the property offers 80 feet of water frontage and unrivaled outdoor amenities including a private dock with 10, 000 lb. boat lift ideal for boating enthusiasts to access Sarasota Bay and beyond.
Situated just moments from the world-famous Siesta Key Beach, Iconic Siesta Village, and the vibrant downtown Sarasota scene, 262
Island Circle is the epitome of coastal, waterfront living. This is more than a home—it's an island lifestyle. This magnificent residence offers the perfect fusion of luxury, tranquility, and location. Discover your own slice of paradise on Siesta Key today. Call for a private showing.
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$3,995,000
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 | $3,196,000 | $3,196,000 | $3,196,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.125% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.289% | 6.235% | 6.058% |
| Monthly Tax Payment | $2,027 | $2,027 | $2,027 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $18,906 | $19,419 | $26,754 |
| Total Monthly Payment | $21,058 | $21,571 | $28,906 |
* 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.