Room for the entire family and guests. Lowest Price a square foot on the island at only $524 a square foot under air. Welcome to Casey Key; where warm waters of the Gulf of Mexico meet the boating waters of the intercoastal forming a beach to bay retreat. This estate offers a 75-foot unobstructed deeded beach easement. Watch the dolphins play as the sun sets; you may just see the fabled green flash. To the rear of the home is a day dock suitable for your recreational and angler needs. This well protected cove leading directly into Dryman Bay offers the perfect docking area while prepping for the adventures to come.
Casey Key is world renowned for its shell and quartz sand beaches, making this beach the perfect place for a day of relaxing in the sand, shell hunting or snorkeling its reefs. The island is conveniently located a few miles south of Sarasota; placing fine dining, luxury shopping, top tier golf courses, an internationally recognized hospital, medical facilities, a vast art scene and trendy nightlife in your grasp. The island’s prime location fulfills the most discerning urban needs, while offering privacy and tranquility that is unrivaled by other gulf coast islands. Many national and international affluent escape to Casey Key to rejuvenate and call home.
Recently updated; spanning over 8, 627 square feet and anchored with 57 flex pillars buried 22 feet each into the earth, encased in hurricane impact resistant glass, giving this architectural masterpiece the stability, one should demand of a legacy property built to last many generations. New roof in 2021, new marble entertainment area, updated plumbing, new garage doors, new irrigation system, the list goes on and on. As you enter the three-story estate you will find yourself in a masterfully crated atrium with a grand handcrafted wrought iron spiral stair case leading to the upper levels. The first level consists of a private spacious living area, a guest bedroom, two oversized walk-in closets, a full bath, a large entertainment area that could be used as a media room, indoor golf simulator, wine cellar, etc. You will also find the estates potential 6 car garage on this level with additional storage.
On the second level you’ll be greeted with a naturally flowing layout that is open and built for entertaining. This space consists of a living area, formal dining, breakfast nook, two balconies, a large rear balcony able to accommodate your guests during the holidays, family reunions, parties or any other events. The fabulous kitchen was created with the chef or home cook in mind with its functional triangle layout. This level also consists of 3 guest bedrooms, 2 full baths and a laundry. The ocean views from your guest’s rooms will leave them mesmerized.
At the top of the atrium, you’ll find a sitting area with views of the clear ocean waters meeting the colorful clear skies that this key is known for. Boasting a sprawling master suite that will easily accommodate your California King where you’ll drift nightly into slumber to the sound of waves rolling on shore. The master spa is oversized combining a roman soaking tub, large walk-in shower, with his and her separate vanities. Master Spa has not been updated and sellers are offering a credit to build the buyers dream master bath.
Opportunities for legacy properties offering an abundance of amenities like this rarely come available. While many dream of living on an exclusive island in paradise, few can.
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$2,999,999
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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 | $2,399,999 | $2,399,999 | $2,399,999 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.750% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.864% | 6.810% |
Monthly Tax Payment | $1,724 | $1,724 | $1,724 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $15,367 | $15,566 | $21,072 |
Total Monthly Payment | $17,216 | $17,415 | $22,921 |
* 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.