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Experience coastal luxury at its finest at 7816 Sanderling Road, an exceptional residence nestled within the prestigious Sanderling Club on Siesta Key. Perfectly positioned in one of Sarasota's most exclusive beachfront communities, this property offers private beach access, unparalleled water views, timeless architecture, and a serene Gulf Coast setting. Set on an expansive 0. 8-acre homesite, the residence spans approximately 4, 015 square feet and features 4 bedrooms and 4 bathrooms. Originally built in 1970, the home has an effective year built of 2015, reflecting significant updates and enhancements, including the addition of the entire second story in 2018. Designed to embrace indoor-outdoor living, the home captures beautiful Gulf views while offering spacious living and entertaining areas. Major improvements include a new roof (2021), updated HVAC system (2024), and electrical and plumbing updates completed in 2024. The property also includes a generator for added peace of mind. The pool, rebuilt in 2019, remains in working condition following the hurricane, complementing the lush tropical landscaping and outdoor living spaces. The second story showcases the home's newer construction, while the first floor presents a rare opportunity for customization—allowing a buyer to bring their own vision to life and complete renovations to their exact specifications. This flexibility creates a unique value-add opportunity within a premier location. Just moments from the powdery sands of Siesta Key Beach, this is a rare chance to secure and personalize a luxury coastal retreat in one of Florida's most sought-after beachfront enclaves.
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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 | $5,999,200 | $5,999,200 | $5,999,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.250% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.362% | 6.361% | 6.183% |
| Monthly Tax Payment | $4,513 | $4,513 | $4,513 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $35,968 | $36,938 | $50,625 |
| Total Monthly Payment | $40,606 | $41,576 | $55,263 |
* 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.