Listing Details for MLS #A4652509
340 Avenida De Mayo, Sarasota, Fl

Residential Property - Single Family Residence in Sarasota

Listing Price: $4,890,000 (Mortgage Calculator →)

Description of Property

BRAND NEW CONSTRUCTION!! Indulge in unparalleled luxury at this brand-new, exquisite 6-bedroom, 6.5-bathroom masterpiece nestled on the coveted shores of Siesta Key. Designed for discerning tastes, this architecturally stunning residence offers a seamless blend of coastal elegance and modern convenience. Ascend effortlessly via your private elevator to discover expansive living spaces, culminating in a spectacular rooftop patio boasting breathtaking panoramic views – the perfect backdrop for unforgettable sunsets and entertaining under the stars. The heart of this home is its meticulously appointed gourmet kitchen, a chef's dream with top-of-the-line appliances and exquisite finishes. Multiple outdoor living areas invite true Florida enjoyment, featuring a sparkling private pool and integrated hot tub, creating a secluded oasis for relaxation and recreation. Every detail has been thoughtfully curated for a life of comfort and grandeur, from the spacious en-suite bathrooms accompanying each bedroom to the meticulously designed flow for effortless indoor-outdoor living. This exceptional new construction offers the ultimate Siesta Key lifestyle, just moments from the world-renowned quartz sands of Siesta Beach and the vibrant charm of Siesta Key Village. A truly rare opportunity to own a piece of paradise, perfected." Unlock a lucrative investment opportunity in the heart of Siesta Key Village, where the vibrant energy of island life meets exceptional income potential. This property's coveted RMF 1 zoning is a key advantage, permitting highly sought-after short-term rentals in a location where such opportunities are scarce. This zoning designation allows you to capitalize on the constant demand from vacationers drawn to the world-renowned Siesta Key Beach and the bustling village atmosphere with its eclectic mix of shops, restaurants, and nightlife. With a pro forma forecast projecting gross sales in excess of $400,000 annually, this offering presents a rare and powerful combination of a prime location and valuable zoning, poised for immediate and significant rental income. Offered individually or as part of a premier Siesta Key investment portfolio." "A unique opportunity to acquire a strategic portfolio; inquire for details."The average asking price for a 6 bedroom/6 bath single family residence in this Zip code is $8,250,000. This single family residence is listed at about 59% of the average asking price. This is the only 6 bedroom/6 bath single family residence between $4,400,000 and $5,400,000 currently listed for sale in this Zip code.