12 days on rocket

4534 Banan Pl, Siesta Key, FL, 34242

$1,200,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
3 Full Baths
3,119 SqFt
$385/SqFt
House

Location

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4534 Banan Pl, Sarasota$1,200,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1964
HeatingHeat Pump
CoolingCentral Air
Private PoolYes
MLS #A4630024
Lot Size0.24 Acres
StatusActive

About 4534 Banan Pl

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.

Property Details

Property Features

Property Information:

  • Year Built: 1964
  • Stories: 1
  • Living Area: 3,119 SqFt

Listing Office:

  • Office Name: KW SUNCOAST
  • Office Phone: (941) 792-2000
  • Listing Agent: Johnny Hopper, PA

Interior Features

Interior Information:

  • Appliances: None
  • Flooring Type: Tile
  • Interior: High Ceilings, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Primary Bedroom Main Floor

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Exterior: Courtyard, Outdoor Shower, Private Mailbox, Sliding Doors, Storage

Virtual/3D Tour

  • Virtual Tour: 4534 Banan Pl
Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 0.24 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From I-75, take Exit 205 (Clark Road/SR 72) and head west on Clark Road. Continue for approximately 6.5 miles until you cross the Stickney Point Bridge into Siesta Key. Once over the bridge, turn left onto Midnight Pass Road and drive for about 1.5 miles. Then, turn right onto Banan Place and follow it to 4534, which will be on your left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,200,000
  • Price Per SqFt: $385/SqFt
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Housing Market Comparison

See how this home compares to others in Sarasota, FL.

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Sarasota, FL

City

Med. Sold Price

$515.5K

Med. Price/SqFt

$302

Avg. Days On Market

76

# of Sold Homes

297

4534 Banan Pl vs Sarasota

12 DAYS ON ROCKET

-64 Days

$1,200,000

+$684.4K More

$385/SqFt

+$82 More

KEY TAKEAWAY

This property is $684.4K more than the Median Sold Price and $82/SqFt more than other homes in Sarasota, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #A4630024

Listing Office:

  • Office Name: KW SUNCOAST
  • Office Phone: (941) 792-2000
  • Listing Agent: Johnny Hopper, PA

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. 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 exclusively 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. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/3/2024, 10:49:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$6,057

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,664

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-3821005
8
/10

  • Phillippi Shores Elementary School

  • 4747 S Tamiami Trl

  • 2.01 miles

  • Public Magnet Grades PK-5

school-card-donut-3821006
10
/10

  • Southside Elementary School

  • 1901 Webber St

  • 2.32 miles

  • Public District Grades PK-5

school-card-donut-3821007
6
/10

  • Gulf Gate Elementary School

  • 6500 S Lockwood Ridge Rd

  • 3.63 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $82,537. The most common annual income of people living in Sarasota, FL is between $35k-100k. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 4534 Banan Pl

What is the listing price of this property?

The listing price of 4534 Banan Pl property is $1,200,000.

What type of property is this?

The property 4534 Banan Pl is a house located in Siesta Key, Florida, 34242.

Is this property for sale now?

Active Listing: 4534 Banan Pl is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 4534 Banan Pl has 5 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 4534 Banan Pl is 3,119 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 4534 Banan Pl is 1964.

Rocket Homes›Florida›Sarasota County›Sarasota›34242›4534 Banan Pl

This home is located at 4534 Banan Pl in Siesta Key, FL and zip code 34242 in the Siesta Key neighborhood. This 3,119 square foot home, which was built in 1964, sits on a 0.24 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 21, 2024 and is currently priced at $1,200,000.

Sarasota, FL housing market in November 2024 saw over 12 listings sold above listed price, more than 48 sold at listed price and over 237 sold below. Between October 2024 and November 2024, Sarasota, FL real estate market has seen increase in the number of listings by 9.7%. The median list price of listings available in November 2024 was $515,531, while the average time on the real estate market was 76 days.

From Rocket Homes Real Estate and based on county public records data.

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