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Presented by
Ruiz Group SRQ |
600/602 BEACH ROAD, #1 & 2, Siesta Key, FL, 34242 | $4,899,000
NEW PRICE!! RARE SIESTA KEY BEACHFRONT OPPORTUNITY! This direct Gulf-front property offers private beach access, unobstructed sunset views, and is just a short stroll from the vibrant and eclectic Siesta Village. The property includes two individual, recently renovated 3-bedroom, 2. 5-bath homes styled in a charming beach cottage aesthetic. Refinished kitchens and bathrooms include stainless steel, granite/quartz, wood cabinetry, and high end fixtures and finishes. Abundant hurricane-impact windows and doors provide a light-filled and bright ambiance and bring the outdoors in. This unique parcel offers exceptional flexibility: explore the redevelopment potential to create a spectacular single estate or two stunning new beachfront residences. Alternatively, keep the homes as they are and enjoy one as your personal residence while generating income from the other, or lease both as high-performing vacation rentals. Zoned RMF1 and currently managed by Beachside Management, the homes are already under contract for much of 2025, making this an excellent income-producing property from day one. Whether you're looking for a serene personal retreat, an investment property with proven performance, or a rare opportunity to create something new on one of Florida’s most coveted stretches of beachfront, this property delivers on every front.
Features
- Rooms: 12
- Bedrooms: 6
- Baths: 4 full / 2 half
- Laundry: Electric Dryer Hookup, Washer Hookup
- Year Built: 1979
- Garage: 2-car
- Heating: Central
- Cooling: Central Air
- Approx Sq. Feet: 2,838
- Acreage: 0.13
- Est. Taxes: $26,797
- Elem. School: Phillippi Shores Elementary
- Middle School: Brookside Middle
- High School: Sarasota High
- Pets Allowed: Yes
- Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer, Wine Refrigerator
- MLS#: A4635317
- Days on Market: 100 days
- Website: https://www.raveis.com
/mls/A4635317/600602beachroad_siestakey_fl?source=qrflyer
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Ruiz Group SRQSales Associates
941.544.3299
TeamRuiz@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Yokadi MejiaInsurance Sales Director, William Raveis Insurance
561.335.7966
Yokadi.Mejia@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
600/602 BEACH ROAD, #1 & 2, Siesta Key, FL, 34242
$4,899,000
Ruiz Group SRQ
Sales Associates
William Raveis Real Estate
Phone: 941.544.3299
TeamRuiz@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
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $3,919,200 | $3,919,200 | $3,919,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.125% | 6.625% | 6.500% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.861% | 6.751% | 6.666% |
| Monthly Tax Payment | $2,233 | $2,233 | $2,233 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $23,813 | $25,095 | $34,140 |
| Total Monthly Payment | $26,171 | $27,453 | $36,498 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388