5517 Avenida Del Mare, Siesta Key, FL, 34242 | $1,375,000

Under contract-accepting backup offers. Welcome to the enchanting Siesta Key! This charming 3-bedroom, 2-bath home is ready to add your personal touch and make it yours or to tear down and build a large custom on this DOUBLE LOT or SPLIT the lots to BUILD 2 NEW CUSTOM HOMES. Only 2/10ths of a mile to beach access #11. . . ONLY 8 homes away from the #1 VOTED SIESTA KEY BEACH! Step into the inviting living room featuring a cozy wood-burning fireplace, seamlessly connected to the stylish eat-in kitchen. Discover a culinary haven with blond cabinets, a custom tile backsplash, and stainless appliances. Experience the perfect layout with a split floor plan ensuring privacy for the primary bedroom and bath, tucked away from the main living spaces. Adjacent to the primary bedroom is a convenient laundry room and an expansive 1-car garage. The opposite side of the house boasts two additional bedrooms and main bath. Indulge in the spacious family room with built-in shelves and cabinets, leading to a delightful caged in-ground pool and patio area. Enjoy the luxury of low-maintenance landscaping, freeing up your time to relax outdoors instead of tending to yard work. The property also features a paver driveway for added elegance. Take advantage of the proximity to the Trolley, providing easy access to the lively Siesta Key Village. Additionally, a short drive will lead you to downtown Sarasota and the plethora of restaurants along Main St. Don't miss the opportunity to make this your dream home in a prime location! This property can be subdivided.

Features

  • Rooms: 7
  • Bedrooms: 3
  • Baths: 2 full
  • Laundry: Laundry Room
  • Style: Mid-Century Modern
  • Year Built: 1968
  • Garage: 1-car
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 1,595
  • Acreage: 0.21
  • Est. Taxes: $2,848
  • Elem. School: Phillippi Shores Elementary
  • Middle School: Brookside Middle
  • High School: Sarasota High
  • Pool: Gunite, In Ground
  • Appliances: Dishwasher, Dryer, Electric Water Heater, Range, Refrigerator, Washer
  • MLS#: A4597262
  • Days on Market: 126 days
  • Website: https://www.raveis.com
    /eprop/A4597262/5517avenidadelmare_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 7/2/2024 11:32:08 PM)
Listing courtesy of KELLER WILLIAMS CLASSIC GROUP   Phone: 941-900-4151

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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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5517 Avenida Del Mare, Siesta Key, FL, 34242

$1,375,000

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 $1,100,000 $1,100,000 $1,100,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 7.000% 6.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.838% 7.141% 7.082%
Monthly Tax Payment $237 $237 $237
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $7,411 $7,318 $9,810
Total Monthly Payment $7,773 $7,680 $10,172

* 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.