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5453 AVENIDA DEL MARE, SARASOTA, FL, 34242

$1,150,000

3 Beds3 Baths1,510 Sq FtBuilt 19500.25 Acres

About This Property

Exceptional opportunity on TWO buildable lots just 15 houses from Siesta Key Beach and a leisurely stroll from the village. The existing midcentury durable concrete block 3br/2ba home features pecky cypress siding and beamed ceilings. There is an additional free standing guest cottage. The home was impacted by last years storms, but has been stripped to the studs and is waiting for someone to put their finishing touches on it. Tremendous potential awaits. Restore and renew the existing structure or tear down and build your own tropical dream home. Investors may want to take advantage of the 2 lot configuration to develop TWO stunning residences. Plans and competitive pricing for new construction are available. Whether you delight in renovating this iconic midcentury gem, start fresh with a custom built masterpiece, or take advantage of the terrific investment opportunity of TWO buildable lots, this is a terrific opportunity to realize your dream in this desirable coastal paradise.

Subdivision

SARASOTA BEACH

Status

Active

Listed By

COLDWELL BANKER REALTY

Days on Market

Mortgage Calculator

Home Price

Loan Term

Down Payment($230,000)

Interest Rate

Est. Monthly Payment

$7,245

30-yr fixed · 20% down · 6.875%

Principal & Interest$6,044

Property Tax (actual)$722

Est. Home Insurance~0.5% est.$479

Total / month$7,245

Loan amount$920,000

Estimates only — taxes and insurance are approximate. PMI rate, actual lender fees, and closing costs not included. Contact a licensed lender for a precise quote.