141 Garden LANE, Siesta Key, FL, 34242 | $725,000

Charming Coastal Cottage on Siesta Key – Steps from a Hidden Gem Beach. Nestled in the heart of Siesta Key, this delightful 2-bedroom, 1. 5-bathroom cottage is the epitome of island living. Located just a short stroll away from one of Siesta Key’s best-kept secret beaches, this home is the perfect retreat for those seeking tranquility with easy access to pristine sands and turquoise waters. Sitting on an expansive 10, 000+ square-foot lot, this property offers ample space and privacy with room to expand, garden, or create your own tropical oasis. The home’s classic terrazzo flooring stretches throughout, creating a cool, stylish, and durable surface that reflects the cottage’s unique charm and mid-century roots. While the property has been impacted by recent storms, cleanup is underway, and with a little TLC, this cottage has the potential to shine as a cozy island haven. OR BUILD NEW. With its prime location, inviting atmosphere, and authentic character, this home provides an incredible opportunity for those looking to invest in one of Florida’s most desirable coastal communities. Embrace the island lifestyle, bask in the Florida sunshine, and create lasting memories in this charming Siesta Key gem.

Key Features: Two spacious bedrooms and 1. 5 bathrooms. Terrazzo floors throughout for easy maintenance and coastal style. Impact Windows. Large, private 10, 000+ square-foot lot with room for expansion or a lush garden. Short walk to a secluded beach, Ongoing cleanup and repair work post-storm – a rare opportunity to customize and restore.

Features

  • Rooms: 3
  • Bedrooms: 2
  • Baths: 1 full / 1 half
  • Lot Size: 100 x 104
  • Laundry: None
  • Year Built: 1960
  • Heating: Central, Electric, Heat Pump
  • Cooling: Central Air, Mini-Split Unit(s)
  • Approx Sq. Feet: 1,131
  • Acreage: 0.24
  • Lot Size: 100 x 104
  • Est. Taxes: $8,791
  • Pet Policy: Yes
  • Appliances: None
  • MLS#: A4627641
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/A4627641/141gardenlane_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 10:17:11 AM)
Listing courtesy of MICHAEL SAUNDERS & COMPANY   Phone: 941-951-6660

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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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141 Garden LANE, Siesta Key, FL, 34242

$725,000

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 Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $580,000 $580,000 $580,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.990% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.477% 7.159% 6.498%
Monthly Tax Payment $733 $733 $733
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,859 $3,855 $4,973
Total Monthly Payment $4,684 $4,680 $5,798

* 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.