Active

4534 BANAN PL

SIESTA KEY FL, 34242

$1,075,000


$344.66 per sqft

Active

5 Beds

3 Baths

3,119 sqft

Residential

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.

A4630024

MLS ID

November 21, 2024

Listed

December 4, 2024

Updated

Map

4534 BANAN PL
SIESTA KEY FL, 34242

Interior Features

Total Stories

1


Bedrooms

5


Total Bathrooms

3


Full Bathrooms

3


Interior Features

High Ceilings, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Primary Bedroom Main Floor


Appliances

None


Laundry Description

Inside, Laundry Room


Floor Description

Tile


Fireplace

Yes


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Heat Pump

Exterior/Building Features

Lot Size

0.24 Acres


Exterior Features

Courtyard, Outdoor Shower, Private Mailbox, Sliding Doors, Storage


Roof

Shingle


Sewer

Public Sewer

Other Property Details

Area Name

34242 - Sarasota/Crescent Beach/Siesta Key


Taxes

$4,704


Tax Frequency

Annually


Days on Market

13


Association Fee Frequency

Monthly


Garage

No


View

No


County

Sarasota


Municipality

37S


Water Source

Public


Pool

Yes


Pool Features

In Ground


Zoning

RSF2

Listing History

Date

Event

Price

12/4/2024

Price change

$1,075,000

-11%

Listed by KW SUNCOAST
Listing Contact: 941-792-2000 

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Data last updated 12/4/2024, 8:27 PM UTC

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