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4534 Banan Place

Siesta Key, FL 34242
  • $999,999
  • STATUS: Active
  • ON SITE: 63 Days
  • MLS #: A4630024
UPDATED: 69 min ago
$999,999
  • 5
    BEDS
  • 0.24
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 3,119
    SQFT
  • $321
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1964
County:

School Ratings & Info

Description

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.

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© 2025 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2025-01-24T17:45:49.45.
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4534 Banan Place Siesta Key, FL 34242

  • Price: $999,999
  • Status: Active
  • On Site: 63 Days
  • Updated: 69 min ago
  • MLS #: A4630024
5
Beds
3
Baths
0
½ Baths
0.24
Acres
3,119
SQFT
$321
$/SQFT
1964
Built
Neighborhood:
Ocean Beach Rep
County:
Sarasota
Area:
Sarasota/Crescent Beach/Siesta Key
Property Description
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.
Exterior Features

Carport Yn No Construction Materials BlockWood Siding Direction Faces East Exterior Features CourtyardOutdoor ShowerPrivate MailboxSliding DoorsStorage Foundation Details Slab Pool Features In Ground Pool Private Yn Yes Road Surface Type Brick Roof Shingle Spa Features In Ground Spa YN Yes Water Access Yn No Water Extras Yn No Water View Yn No Waterfront Feet Total 0 Waterfront Yn No

Interior Features

Appliances None Building Area Total 3299 Cooling Central Air Cooling YN Yes Fireplace Yn Yes Flooring Tile Heating Heat Pump Heating YN Yes Interior Features High CeilingsKitchen/Family Room ComboLiving Room/Dining Room ComboPrimary Bedroom Main Floor Laundry Features InsideLaundry Room Levels One Rooms Living Room Kitchen Primary Bedroom (Walk-In Closet(s)) Sewer Public Sewer Stories Total 1 Water Source Public

Property Features

Additional Lease Restrictions Please check with local municipalities to confirm rental restrictions Association Approval Required Yn No Association Yn No Cdd Yn No Down Payment Resource No Flood Zone Code AE Garage Yn No Homestead Yn Yes Lease Considered YN Yes Lease Restrictions YN Yes Listing Terms CashConventional Minimum Lease 1 Month New Construction Yn No Ownership Fee Simple Property Sub Type Single Family Residence Senior Community Yn No Special Listing Conditions None Sw Subdiv Community Name Ocean Beach Tax Annual Amount 4704.27 Total Annual Fees 0 Total Monthly Fees 0 Utilities Cable ConnectedElectricity ConnectedSewer ConnectedWater Connected Zoning RSF2


Listing information © 2025 My Florida Regional MLS DBA Stellar MLS..
Listing provided courtesy of KW SUNCOAST: 941-792-2000.



© 2025 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2025-01-24T17:45:49.45.
 
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