Residential Property - Single Family Residence in Sarasota
Listing Price: $1,200,000
Description of Property
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 edition 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 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.
Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Single Family Residence
City: Sarasota
County: Sarasota
Subdivision: Ocean Beach Rep
Bedrooms: 5
Bathrooms: 3
Sq. Ft. Gross: 3,299
Sq. Ft. Living Area: 3,119
Cost per (heated) sqare foot: $385
Year built: 1964
Annual Tax: $4,704
Taxes and fees can change periodically, and other fees may apply. Please check with your Realtor for more details.
Interior Features:
- High Ceilings
- Kitchen/Family Room Combo
- Living Room/Dining Room Combo
- Primary Bedroom Main Floor
Appliances: None
Accessibility Features:
Fireplace: Yes
Fireplace Features:
Window Features:
Additional Rooms:
Ceiling Type:
Flooring: Tile
Pool & Waterfront Info
Private Pool: Yes
Pool Features: In Ground
Spa Features: In Ground
Water Frontage:
Water Access: Not specified
Water Access Type:
Water View:
Exterior & Construction
Architectural Style:
Construction: Block, Wood Siding
Foundation: Slab
Roof: Shingle
- Courtyard
- Outdoor Shower
- Private Mailbox
- Sliding Doors
- Storage
Parking Features:
Floors Total: 1
Floors in Unit: One
Cooling: Central Air
Heating & Fuel: Heat Pump
Electric:
Patio & Porch Features:
Security Features:
Other Structures:
View:
Fencing:
Utilities:
- Cable Connected
- Electricity Connected
- Sewer Connected
- Water Connected
Sewer: Public Sewer
Water Source: Public
Community Features:
Association Amenities:
Lot Information
Lot Features:
Lot Size (acres): 0.24
Lot Size (sq. ft.): 10,494 square feet
Front Exposure: East
Adjoining Property:
Current Adjacent Use:
Legal Description & Other Information
Financing Available: Cash, Conventional
Parcel Number: 0079110006
Zoning: RSF2
Tax Legal Desc.: SLY 60 FT OF LOT 8 & NLY 20 FT OF LOT 9 BLK A REPLAT OF PORTION OF OCEAN BEACH
Disclosures: Lead Paint, Seller Property Disclosure
Section: 1
Range: 17E
Listing courtesy of KW SUNCOAST. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.
