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4534 Banan PLACE, Siesta Key, FL 34242
$999,999 Asking Price
$---/mo Est. Payment Get Prequalified »
5
beds
3
baths
3,119
sqft
Built in
1964
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.
Features & Amenities
Interior
- General:
- High Ceilings, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Primary Bedroom Main Floor
- Appliances:
- None
- Laundry:
- Inside, Laundry Room
- Flooring:
- Tile
- A/C:
- true, Central Air
- Heating:
- true, Heat Pump
- Fireplace:
- Fireplace
Exterior
- General:
- Courtyard, Outdoor Shower, Private Mailbox, Sliding Doors, Storage, In Ground
- Pool:
- In Ground
Construction
- Roofing:
- Shingle
- General:
- Block, Wood Siding, One, Slab
Location
- Road/Access:
- Brick
- Originating MLS:
- Stellar MLS
- County:
- Sarasota
Lot
- Zoning:
- RSF2, SLY 60 FT OF LOT 8 & NLY 20 FT OF LOT 9 BLK A REPLAT OF PORTION OF OCEAN BEACH, 0079110006
Utilities
- Utilities:
- Cable Connected, Electricity Connected, Sewer Connected, Water Connected
- Water:
- Public
- Sewer:
- Public Sewer
Financial
- Source:
- Stellar MLS
This listing courtesy of:
KW SUNCOAST, Johnny Hopper, PA
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About Sarasota, FL
Housing
- Number of Units
- 152,825
- Median Home Value
- $341,369
- Median Rent
- $1,292
27.49% of housing units are renter occupied.
18.88% are vacant.
Commute
- Car
-
66.43%
- Public Transportation
-
0.60%
- Walk to Work
-
0.72%
- Work from Home
-
31.09%
- Other
-
0.55%
The median travel time to work is 16 minutes.
People
- Population
- 264,751
- Median Age
- 51.20
- Median Household Size
- 2.39
Education
- High School
-
26.25%
- Associate’s Degree
-
8.64%
- Bachelor’s Degree
-
22.70%
- Graduate Degree
-
17.31%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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