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The Highs and Lows of Properties Sold on Siesta Key

Provided by Key Solutions Real Estate / www.keysolutionsrealestate.com

Following are properties sold on Siesta Key in the last 60 days, providing a snapshot of home values on the Key for both single family homes and condominiums. 

A4420829
HIGHEST PRICED SINGLE FAMILY PROPERTY: 8218 SANDERLING RD. SOLD FOR: $7,500,000 Offering one of the area’s most coveted lifestyles, this stunning beachfront estate property rests on over 4 acres between the Gulf of Mexico and Heron Lagoon in the serene Sanderling Club on Siesta Key. Here over 300 feet of direct beachfront, one of the most significant on the entire Gulf Coast, comes to life with spectacular outdoor spaces, extraordinary water and beach views, dramatic living quarters and resort like amenities all within a private compound. Upon turning onto the winding driveway and passing the entry walls of the main home, one is overcome by the meticulously manicured grounds, lush natural Florida foliage, Hollywood style pool and spa area, private tennis court, and just the sheer size and magnitude of the property. The perfect backdrop for indulgent relaxation or lavish entertaining both inside and out, the main home features just over 8,600 of living space including 5 bedrooms, formal living and dining rooms, game room, sunroom and dramatic gulf front enclosed porch. The guesthouse, built in 2007, is located across the street on the quiet banks of Heron Lagoon and features an open great room plan with 2 ensuite bedrooms, large screened terrace and open deck with dock below. This property is truly extraordinary on its own, but as part of the Sanderling Club it offers a guard gated entrance, beach club, tennis courts, Paul Rudolph designed beach cabanas, children’s playground as well as dockage on the bay side of the island. There is potential to divide this property. The sale on this unit came out to $705.95 a square foot. Courtesy of Premier Sothebys.

A4417696
LOWEST PRICED SINGLE-FAMILY PROPERTY: 4522 BANAN PL.:  SOLD FOR: $432,500.
Lowest Priced Home on Siesta Key! This charming home with shutters and brick façade sits on a spacious lot with native landscaping and a sparkling lake view of Lake Nancy from your front door and is within walking distance to renowned Out of Door Academy. A stylish renovation completed in January of 2019 includes: new flooring in the main living areas, freshly painted interior and exterior, all new stainless appliances, new wood cabinetry installed throughout, new granite counters, new sinks and faucets and new bath wall tile complete the space. The open floor plan offers seamless entertaining and features a stone fireplace that makes this space cozy and inviting. The kitchen opens to the dining room and the Florida room featuring wood beams and views of the lush backyard. There are two bedrooms and two bathrooms ready for friends and family. The spacious backyard has a deck for you to enjoy endless afternoons in the quiet shade of oak trees and even has room for a sparkling pool. This cozy home is perfect for your quiet escape, but still close to the activity of Siesta Key and only 1.5 miles from world-renowned Siesta Beach. Near the north bridge to the mainland, visit downtown Sarasota for an endless variety of arts and culture. Experience island living near the beach, the perfect complement to the laidback Siesta Key lifestyle. The sale of this property came out to $391.76 a square foot. Courtesy of Michael Saunders.

A4418126 
HIGHEST PRICED CONDO: 915 SEASIDE DR, #407: SOLD FOR:  $2,255,000 
Price Reduction! Direct water views provide spectacular vistas of the Gulf of Mexico. Exquisitely furnished beach front residence providing world class service and the ultimate resort lifestyle on Siesta Key Beach. Encompassing 2,255 sq. ft. of luxurious living, this exclusive residence boasts 3 bedrooms with a sumptuous master suite that is highlighted by a master bath that is beyond extraordinary. The gourmet kitchen features state of the art appliances from Wolf, Sub-Zero and Fisher Paykel. Magnificent finishes throughout this spacious beach front condo make this residence truly one of a kind; the only building on Siesta Key that offers on site engineering services, housekeeping services and pool side cabana where you can enjoy lunch, a cocktail or both. The exceptional on site property management helps support the rental component and the lucrative rental income that has historically grossed over 170K; with owners still enjoying the property 8 weeks a year on average. You will appreciate the level of luxury and attention to detail throughout the residence and the property. Nothing has been overlooked! The sale on this unit came out to $1,000.00 a square foot. Courtesy of Sarasota Real Estate Company.

A4418857
LOWEST PRICED CONDO: 8897 MIDNIGHT PASS RD, #303 SOLD FOR:  $270,000
Outstanding bay front furnished condo offers wonderful bay views, boat access / docking, across the street from Turtle Beach on the Gulf of Mexico so gulf views from the front of the unit. This one bedroom, one bathroom has tile floors throughout, open kitchen with breakfast bar, screened lanai overlooking the bay and community pool. This unit offers glass doors to enclose the room on the cooler evenings. Sunrise Cove Yacht & Racquet Club offers an oversized heated pool with a cabana overlooking the bay and a smaller more private heated pool, 49 boat docks for boating and fishing, two lighted tennis courts, a recreation room with kitchen and large flat screened TV for parties, billiard and ping pong rooms, on site management, men’s and women’s fitness rooms, lending library, two picnic areas with gas grills great for dining directly on the bay, WiFi in all the rental units, elevators in all four buildings, seasonal parties, yoga, water aerobics, card games and other activities. SCAT bus available across the street. The sale came out to $371.90 a square foot.  Courtesy of ReMax Alliance.