3799 Flamingo AVENUE, Siesta Key, FL, 34242 | $21,000,000

Discover your very own gated private peninsula on world-famous Siesta Key. Located on the north end of the island, this one-of-a-kind awe-inspiring furnished estate sits on more than an acre with over 700 waterfront feet. A custom-designed driveway leads to a grand entrance with waterfalls and fire features setting the stage for the luxury that lies within. Designed for entertaining and a relaxed island lifestyle, this home features multiple living spaces both inside and out that flow seamlessly with an open-air lifestyle, expansive walls of glass and the same rich wood and stone floor materials throughout. There is something for everyone including a game room, home theater, fitness room, meditation room and an 8+ car garage. Complementing the interior, the outdoor space offers some of the best resort-style living on the West Coast of Florida with an infinity edge pool, swim-up pool bar, a recessed seating area with fire pit in the pool, a dining pavilion with living plant wall, outdoor living room with fireplace, spa, outdoor kitchen, and an expansive koi pond running almost the entire length of the home with incredible built-in footbridges. A well-equipped boat dock and separate waterfront garage as well as a paddleboard/canoe launch will please the waterfront lifestyle enthusiast. A newer seawall, extensive garage and storage space, a full house generator, a 3-stop elevator, a Crestron home automation system, and a whole-house reverse-osmosis water filtration system are just a few of the technical highlights of this incredible home. Truly an island paradise and strategically located to provide quick access to Sarasota’s shopping, dining, and world-renowned attractions. This home is being sold furnished with less artwork and other specific items. Bedroom Closet Type: Walk-in Closet (Primary Bedroom).

Features

  • Rooms: 14
  • Bedrooms: 4
  • Baths: 4 full / 2 half
  • Laundry: Inside, Upper Level
  • Style: Custom
  • Year Built: 2016
  • Garage: 8-car Covered, Driveway, Garage Door Opener, Guest, Oversized, Portico, Split Garage
  • Heating: Central, Natural Gas, Zoned
  • Cooling: Central Air, Zoned
  • Approx Sq. Feet: 8,138
  • Acreage: 1.4
  • Est. Taxes: $107,019
  • Lot Desc: FloodZone, In County, Oversized Lot
  • View: Pool, Water
  • Elem. School: Phillippi Shores Elementary
  • Middle School: Brookside Middle
  • High School: Sarasota High
  • Pool: Gunite, Heated, In Ground, Infinity, Lighting, Salt Water
  • Appliances: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Gas Water Heater, Microwave, Other, Washer, Whole House R.O. System
  • MLS#: A4601040
  • Days on Market: 70 days
  • Website: https://www.raveis.com
    /eprop/A4601040/3799flamingoavenue_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 6/1/2024 6:05:24 PM)

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Mace L. RattetVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 69957

914.260.5535

Mace.Rattet@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Francine SilbermanVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 69244

914.260.2006

Francine.Silberman@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!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

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3799 Flamingo AVENUE, Siesta Key, FL, 34242

$21,000,000

Fabiola Melillo

Sales Associate

William Raveis Real Estate

Phone: 914.265.0116

Fabiola.Melillo@raveis.com

Mace L. Rattet

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 914.260.5535

Mace.Rattet@raveis.com

NMLS Mortgage Loan Originator ID 69957

Francine Silberman

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 914.260.2006

Francine.Silberman@raveis.com

NMLS Mortgage Loan Originator ID 69244

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $16,800,000 $16,800,000 $16,800,000
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 7.851% 7.128% 7.061%
Monthly Tax Payment $8,918 $8,918 $8,918
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $113,185 $111,771 $149,832
Total Monthly Payment $122,228 $120,814 $158,875

* 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.