NOT LISTED FOR SALE

5310 Avenida Del Mare Siesta Key, FL 34242

Estimated Value: $2,170,000 - $4,321,000

5 Beds
8 Baths
3,759 Sq Ft
$868/Sq Ft Est. Value

Last Sold August 02, 2024

Last sale price $4,400,000 $1,171 Per Sq Ft

Est. 26% decrease in value since last sale

Current estimated payment $17,987/month

132 Days on Market

Highlights

  • 100 Feet of Salt Water Canal Waterfront
  • New Construction
  • Canal View
  • Phillippi Shores Elementary School Rated A
  • Heated In Ground Pool
  • Vaulted Ceiling

About This Home

As of August 2024

Sophisticated and sleek, a dazzling new construction home located in the heart of Siesta Key. A modern exterior will inspire neighbors and onlookers with its modern elevation. A courtyard provides a private entrance for you to welcome guests into the two-story foyer illuminated by an intriguing chandelier. An adjacent study features sliding, pocket doors that can be open to create a more vast entryway or closed for privacy. The kitchen is truly the heart of the home with refined cabinetry, handsome hardware, paneled appliances and pristine quartz countertops that shimmer under fashionable light fixtures. Display gorgeous glassware and invent an impressive aperitif from your refined bar area with glass-front cabinetry, floating shelves with accent lighting and a convenient bar sink. The exciting details continue to astonish in the great room featuring soaring ceilings, innovative design details and a chandelier that finishes the elegant ambience. The best of the Florida lifestyle can be yours with seamless indoor and outdoor integration through disappearing sliders leading to your outdoor entertainment space. Grill and dine in comfort in your covered lanai with an outdoor kitchen and pool bath, soak up the sun poolside in loungers or refresh by taking a dip in the pool with a spa. Rinse the day’s adventures away in your outdoor shower before heading inside to relax and recharge. This home offers two principal suites with equally impressive en-suite bathrooms - one on the first level with private access to the patio and the second is on the upper level. The second floor boasts a flexible loft area and two additional bedrooms each with a private bath. Catch stunning views from sunrise to sunset as you ascend the circular staircase to your rooftop terrace, the perfect perch to view Siesta Key’s Grand Canal, a 10-mile long network of shallow canals that are the playground for wading birds, manatees, and dolphins and empties into Roberts Bay. This is Florida outdoor living at its finest: just a 10-minute walk to the world-renowned Siesta Key Beach or enjoy any number of water sports with your customized private boat dock. State of the art design and excellence in construction, TDI Coastal Homes builds luxury homes that exceed expectations and meet your wildest lifestyle needs.

Last Agent to Sell the Property

Rudy Dudon

MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-349-3444 License #3099658 Listed on: 03/20/2024

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Rudy Dudon

MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-349-3444 License #3099658 Listed on: 03/20/2024

MICHAEL SAUNDERS & COMPANY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,292

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 7,633 Sq Ft Lot
  • 100 Feet of Salt Water Canal Waterfront
  • Property fronts a saltwater canal
  • East Facing Home
  • Irrigation
  • Property is zoned RSF2

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Bi-Level Home
  • Slab Foundation
  • Membrane Roofing
  • Block Exterior
  • Stucco

Interior Spaces

  • 3,759 Sq Ft Home
  • Vaulted Ceiling
  • Sliding Doors
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Inside Utility
  • Tile Flooring
  • Canal Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Upstairs
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Gunite Pool
  • Outdoor Shower

Outdoor Features

  • Access to Saltwater Canal

Schools

  • Phillippi Shores Elementary School
  • Brookside Middle School
  • Sarasota High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Built by TDI Coastal Homes
  • Sarasota Beach Subdivision, New Home Floorplan
  • Sarasota Beach Community

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,292

Year Built

Built in 2023 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 3759
  • Lot Size Acres: 0.18
  • New Construction: Yes
  • Year Built: 2023
  • Building Area Total: 5787
  • Lot Size Sq Ft: 7633
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Builder
  • Building Area Total Srch Sq M: 537.63
  • Escrow State: FL
  • Minimum Lease: 1 Month
  • RATIO Current Price By Calculate: 1170.52
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 1
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 941-349-3444
  • Tax Year: 2023
  • Special Features: 4098

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile
  • Full Bathrooms: 5
  • Half Bathrooms: 3
  • Interior Amenities: High Ceilings, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Primary Bedroom Main Floor, PrimaryBedroom Upstairs, Solid Surface Counters, Vaulted Ceiling(s), Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 5
  • Levels: Two
  • Spa Features: Heated, In Ground
  • Spa Yn: Yes
  • ResoLivingAreaSource: Builder
  • Additional Rooms: Inside Utility
  • Living Area Meters: 349.22

Exterior Features

  • Direction Faces: East
  • Pool Features: Gunite, Heated, In Ground
  • Exterior Features: Irrigation System, Outdoor Shower, Sliding Doors
  • Roof: Membrane
  • Pool Private: Yes
  • View: Water
  • Water Body Name: GRAND CANAL
  • Waterfront: Yes
  • Road Surface Type: Asphalt
  • Water Access: Canal - Saltwater
  • Water Frontage Feet Canal Salt: 100
  • Water View: Canal
  • Water View YN: 1
  • Waterfront Feet Total: 100

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener

Utilities

  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Schools

  • Elementary School: Phillippi Shores Elementary
  • High School: Sarasota High
  • Middle Or Junior School: Brookside Middle

Lot Info

  • Zoning: RSF2
  • Parcel Number: 0082060090
  • Additional Parcels: No
  • Lot Features: In County, Paved
  • Flood Zone Code: AE

Building Info

  • Builder Name: TDI Coastal Homes

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: See Sarasota County Guidelines

Tax Info

  • Tax Annual Amount: 10291.57
  • Tax Block: 30
  • Tax Book Number: 1-76
  • Tax Lot: 9

Multi Family

  • Waterfront Features: Canal - Saltwater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2024
Closed on
Aug 1, 2024
Sold by
Tdi Coastal Homes Llc
Bought by
Sichel Richard I
Seller's Agent
Rudy Dudon
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Rudy Dudon
MICHAEL SAUNDERS & COMPANY
List Price
$4,400,000
Sold Price
$4,400,000
Views
31
Current Estimated Value
$3,263,354

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,136,646
Avg. Annual Appreciation
-19.73%
Original Mortgage
$3,400,000
Outstanding Balance
$3,348,772
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
-$85,418
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Sichel Richard I $4,400,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sichel Richard I $3,400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/02/2024 08/02/24 Sold $4,400,000 -2.2% $1,171 / Sq Ft
07/31/2024 07/31/24 Pending -- -- --
07/31/2024 07/31/24 Price Changed $4,500,000 +2.3% $1,197 / Sq Ft
07/31/2024 07/31/24 For Sale $4,400,000 0.0% $1,171 / Sq Ft
07/08/2024 07/08/24 Off Market $4,400,000 -- --
03/20/2024 03/20/24 For Sale $4,400,000 -- $1,171 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $10,058 $3,304,300 $815,900 $2,488,400
2024 $9,853 $861,900 $835,600 $26,300
2023 $9,853 $838,600 $825,700 $12,900
2022 -- -- -- --
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4604175

Stellar MLS

APN: 0082-06-0090