4866 Commonwealth DRIVE, Siesta Key, FL, 34242 | $2,875,000

Introducing 4866 Commonwealth Drive—where modern architecture, island living, breath-taking sunsets and boating are a part of everyday life! This 3 bedroom, 3. 5 bathroom home sits on the Grand Canal on Siesta Key; with NO HOA Fees--just minutes from the intracoastal waterway, Gulf of Mexico, and Siesta Key village. Upon entering the home, you are greeted by an abundance of natural light that floods the open-concept living area. The 1, 200 sqft European style kitchen opens to outdoor living area and saltwater pool. The full wall of glass sliders creates a seamless transition between interior and expansive outdoor space—the perfect place to entertain guests. The large primary suite has an outdoor sitting area and balcony overlooking the Grand Canal, along with a large soaking tub and walk in shower. A few unique features of this home include: hurricane impact windows/doors, 3 stop elevator, high ceilings and oversized two car garage, Tesla charging station, automated custom European window treatments, central vacuum system, and new 10, 000 lb boat lift and dock. Dock was built to fit a 27' boat. This home is only 4 years old and has been built to be energy efficient and low overall operating costs. No HOA fees and lower HOI/Flood Premium!

Features

  • Elevator: Y
  • Rooms: 6
  • Bedrooms: 3
  • Baths: 3 full / 1 half
  • Laundry: Inside, Laundry Room
  • Year Built: 2019
  • Garage: 2-car
  • Heating: Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 2,973
  • Acreage: 0.15
  • Est. Taxes: $17,416
  • Pool: Gunite, Heated, In Ground
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Freezer, Ice Maker, Microwave, Range, Refrigerator, Washer, Wine Refrigerator
  • MLS#: A4596090
  • Days on Market: 146 days
  • Website: https://www.raveis.com
    /eprop/A4596090/4866commonwealthdrive_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 1:17:09 PM)
Listing courtesy of COLDWELL BANKER REALTY   Phone: 941-383-6411

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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

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
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Evelio MirandaInsurance Sales Director, William Raveis Insurance

561.704.7334

Evelio.Miranda@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

4866 Commonwealth DRIVE, Siesta Key, FL, 34242

$2,875,000

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 $2,300,000 $2,300,000 $2,300,000
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 $1,451 $1,451 $1,451
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $15,496 $15,302 $20,513
Total Monthly Payment $17,072 $16,878 $22,089

* 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.