Discover the stunning charm of Roberts Bay with this spectacular waterfront home, now offered at the lowest price per square foot on Siesta Key! Whether you're looking for a dream home or a smart investment opportunity, this property has incredible potential—a quick remodel could turn a significant profit. Nestled on a quiet, private road on the highly desirable north end of world-famous Siesta Key, this over 7, 000-square-foot home is currently undergoing exciting renovations and offers a lifestyle of luxury and tranquility.
Boasting 81 feet of waterfront along Hansen Bayou, this home is a boater's paradise, featuring deep water access to the bay and Gulf with no bridges in sight—ideal for exploring Sarasota’s serene waterways. Behind the private gated entrance, you’ll find a spacious driveway, parking area, and multiple outdoor entertaining spaces, including your own dock with a 10, 000-pound boat lift. For ultimate relaxation, the first floor offers a unique 65-foot indoor saltwater lap pool, a 3-person sauna, and an additional guest suite with a private entrance—perfect for hosting family or friends.
As you move up to the second floor, the open living spaces blend seamlessly with breathtaking water views. Watch dolphins frolic in the bay from the generously sized family room, or enjoy the flexibility of an additional Florida room, game room, or bar area—also perfect for a home office. The kitchen, currently undergoing a gorgeous remodel with new appliances, with an added breakfast nook overlooking the picturesque bayou.
The third floor houses three spacious bedrooms, including a master suite designed for comfort and luxury. With wide water views, large walk-in closets, and an adjacent sitting room, the master suite is an oasis of calm. The master bathroom, part of the ongoing renovation, will soon showcase a new shower, soaking tub, twin vanities, modern tile, and sleek new flooring.
Step outside to the dock and enjoy evenings spent fishing or watching the dolphins at play, or head out for a short walk to the beautiful Shell Road Beach. Known for its turquoise waters, powdery quartz sand, fantastic fishing at Big Pass, and breathtaking sunsets, this beach is a true gem. A short bike ride will take you to Siesta Key Village, where you can enjoy shopping, dining, and vibrant nightlife.
This home offers the perfect blend of privacy, waterfront living, and easy access to the best of Siesta Key. With so much potential, it's a fantastic opportunity for those looking to live the Florida dream—or for investors looking to capitalize on a great deal!
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William Raveis Mortgage, LLC
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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 | $3,120,000 | $3,120,000 | $3,120,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.762% | 6.036% |
Monthly Tax Payment | $1,180 | $1,180 | $1,180 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $19,978 | $19,978 | $27,393 |
Total Monthly Payment | $21,283 | $21,283 | $28,698 |
* 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.