4534 BANAN PLACE SIESTA KEY FL 34242 MLS #A4630024

4534 BANAN PLACE
SIESTA KEY, FL, 34242
$1,200,000
5 Beds
3 Baths
3,299 SqFt
0.24 Acres
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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.

Property Details

Price:
$1,200,000
MLS #:
A4630024
Status:
Active
Beds:
5
Baths:
3
Address:
4534 BANAN PLACE
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
OCEAN BEACH REP
Neighborhood:
34242 – Sarasota/Crescent Beach/Siesta Key
City:
SIESTA KEY
Listed Date:
Nov 21, 2024
State:
FL
Finished Sq Ft:
3,299
Total Sq Ft:
3,299
ZIP:
34242
Lot Size:
10,494 sqft / 0.24 acres (approx)
Year Built:
1964
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Schools

Interior

Appliances
None
Bathrooms
3 Full Bathrooms
Cooling
Central Air
Flooring
Tile
Heating
Heat Pump
Laundry Features
Inside, Laundry Room

Exterior

Construction Materials
Block, Wood Siding
Exterior Features
Courtyard, Outdoor Shower, Private Mailbox, Sliding Doors, Storage
Roof
Shingle

Financial

Tax Year
2023
Taxes
$4,704

Map

Community

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4534 BANAN PLACE
SIESTA KEY, FL