548 Siesta DRIVE, Siesta Key, FL, 34242 | $3,000,000

Under contract-accepting backup offers. PRICE IMPROVEMENT! Step through the grand, gated entrance of 548 Siesta Drive and be greeted by a luxurious waterfront estate on Florida's breathtaking Siesta Key. This 4399 square foot waterfront haven exudes elegance from the very curb. As you pass through the wrought iron gate the home stands proudly on this . 38 acre property amidst lush tropical landscaping and a custom brick paver driveway that can accommodate multiple cars.
Step inside through the solid double doors to the dazzling grand foyer with gleaming porcelain tile floors sets the stage, plantation shutters filtering in warm sunlight. Coffered ceilings soar overhead, adorned with elegant chandeliers and recessed lighting that bathes the space in a warm glow. Fourteen-foot-high ceilings are further emphasized by grand columns that line the entryway and flow into the formal dining area.
The back wall of the living area is a masterpiece of light and openness. Andersen sliding glass doors stretch from end to end, revealing a breathtaking vista of the pool, entertainment space, and the shimmering waterway beyond. Imagine hosting unforgettable gatherings for your family and friends.
Providing ample space guests, the home features three comfortable bedrooms, each with a luxurious touch and feel. An additional loft space offers versatility, perfect for a home office, media room, or extra sleeping quarters. The 3. 5 bathrooms are tastefully designed with beautiful bright cabinetry, lighting and gold fixtures.
The heart of the home is a bright kitchen, boasting ample storage in stylish Shaker-style cabinetry. A center island with granite countertop and vegetable sink provides the perfect spot for meal prep, while expansive windows ensure every seat at the breakfast table enjoys the stunning lanai, pool and water views.
The luxurious feel extends to the private quarters. Large bedrooms offer spacious en suite baths, custom closets, high ceilings adorned with crown molding, and morning porch for relaxing creating a sense of spacious comfort. The elegant primary bathroom is a spa-like retreat, featuring multiple vanities, a dedicated makeup vanity, gold fixtures, soaking tub with separate shower, water closet, and gleaming porcelain tile flooring. The garage/man cave is a luxury car owners dream featuring marble floors, cabinetry, air conditioning and flat screen television.
But the true star of the show unfolds behind the house. Imagine a sparkling oasis – a gorgeous open pool surrounded by swaying palm trees, a paver deck and a privacy wall, creating a secluded haven for relaxation. The 108 linear foot water frontage includes a double-dock with two boat lifts. The canal ends in a cul-de-sac at this point so you can enjoy access to the Gulf but not a lot of boat traffic behind your home.
7 Day Min Rental! This isn't just a house; it's a luxurious waterfront sanctuary designed for grand living and unforgettable memories. From the tropical landscaping and inviting pool to the expansive living areas and opulent bathrooms, this home promises an unparalleled Siesta Key experience. Siesta Key itself is a paradise, renowned for its sugar-whit sand beach, consistently rated among the nation's finest. Beyond the beach, Siesta Village pulsates with energy, offering a delightful mix of shops, restaurants, and nightlife. Immerse yourself in the natural beauty of the area's parks or explore the hidden coves accessible by kayak or boat. Siesta Key truly delivers an idyllic Florida lifestyle.

Features

  • Rooms: 10
  • Bedrooms: 3
  • Baths: 3 full / 1 half
  • Laundry: Electric Dryer Hookup, In Kitchen, Inside, Laundry Room, Upper Level, Washer Hookup
  • Style: Other
  • Year Built: 1951
  • Garage: 2-car Driveway, Garage Door Opener, Ground Level, Guest, Oversized, Parking Pad, RV Parking, Workshop in Garage
  • Heating: Central, Electric
  • Cooling: Central Air, Zoned
  • Approx Sq. Feet: 4,399
  • Acreage: 0.38
  • Est. Taxes: $33,103
  • Lot Desc: Cul-De-Sac, Flood Insurance Required, FloodZone, City Lot, Landscaped, Oversized Lot, Sidewalk
  • View: Water
  • Pool: Deck, Gunite, Heated, In Ground, Lighting
  • Pet Policy: Yes
  • Appliances: Built-In Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Refrigerator, Washer
  • MLS#: U8247711
  • Days on Market: 119 days
  • Website: https://www.raveis.com
    /eprop/U8247711/548siestadrive_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 11/24/2024 10:47:09 AM)
Listing courtesy of MELODY STANG REALTY INC   Phone: 727-827-1550

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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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548 Siesta DRIVE, Siesta Key, FL, 34242

$3,000,000

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 $2,400,000 $2,400,000 $2,400,000
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 $2,759 $2,759 $2,759
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $15,367 $15,367 $21,072
Total Monthly Payment $18,251 $18,251 $23,956

* 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.