4534 Banan Place, Siesta Key, FL 34242

$800,000
5
BD
3
BA
3,119
SqFt

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Sold Price
$800,000
List Price
$999,999
Status
Sold
Days on Market
66
Closing Date
Feb 11, 2025
MLS#
A4630024
Property Style
Single Family
Year Built
1964
Bedrooms
5
Bathrooms
3
Living Area
3,119
Price per sq. ft.
320.62
Lot Size
10,494
Acres
0.24
Total Acreage
0 to less than 1/4
Legal Subdivision Name
Ocean Beach Rep
Community Name
Ocean Beach
MLS Area Major
Sarasota/Crescent Beach/Siesta Key

Property Description

Welcome to 4534 Banan Place. Located in the heart of the world-renowned Siesta Key, this spacious 5-bedroom, 3 bath, 3,100+ sq. ft. home offers an unbeatable combination of location, potential, and value. Nestled on a tranquil street, this property captures the essence of island living, just minutes from the #1-rated Siesta Beach with its powdery white sands and vibrant village life filled with boutique shops, fine dining, and entertainment. In addition you will find a serene waterfront park for enjoying water views just a few short blocks away! This home boasts an impressive layout, perfect for large families or those who love to entertain. The home had a massive addition of about half the heated square footage in 2001. The AC was just installed 1 year ago and still works fine after the storms. In the backyard you will find a private retreat, featuring a caged, heated, saltwater pool and spa combo where you can relax and unwind while enjoying the Florida sunshine. Also, included in the asking price, is an infrared light treatment sauna located in the primary suite! While Hurricane Helene caused flooding to the property, this presents an incredible opportunity for you to reimagine and customize this home to your taste. At $1.2M, this home is priced $800,000 below its ARV of $2M, making it one of the best values on the market today. Whether you're looking for a primary residence, vacation home, or investment opportunity, this property has the bones and location to become something extraordinary. Don't miss your chance to own a piece of paradise with unmatched potential! Schedule your private showing today.

Additional Information

Taxes
$4704
Minimum Lease Period
1 Month
Community Features
No Deed Restriction
Property Description
One Story
Zoning
RSF2
Interior Features
High Ceilings, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Primary Bedroom Main Floor
Floor
Tile
Appliances
None
Utilities
Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Heating
Heat Pump
Air Conditioning
Central Air
Exterior Construction
Block, Wood Siding
Exterior Features
Courtyard, Outdoor Shower, Private Mailbox, Sliding Doors, Storage
Roof
Shingle
Foundation
Slab
Pool
Private
Pool Type
In Ground
Flood Zone Code
AE
Parcel ID
0079110006
Legal Description
SLY 60 FT OF LOT 8 & NLY 20 FT OF LOT 9 BLK A REPLAT OF PORTION OF OCEAN BEACH

Listing courtesy of KW SUNCOAST. 941-792-2000

Selling Office: STELLAR NON-MEMBER OFFICE.

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