tomo logo

$6,600,000

Beds
7
Baths
8.5
sq ft
5,331

5610 Avenida Del Mare, Sarasota, FL 34242

5610 Avenida Del Mare

SARASOTA, FL 34242

  • 52 days on market
Location, Location, Location! Your Siesta Key dream begins here! This exceptional family compound or lucrative beach house rental opportunity is just a short stroll from the world-renowned Siesta Key Beach, famous for its powdery quartz sand and crystal-clear waters. Nestled on two combined parcels, this unique property offers unparalleled flexibility with two oversized, beautifully updated residences that could serve as a stunning beach house or an investment property. Zoned for residential multifamily use, the property allows for short-term rentals (1–7 days)—ideal for generating income while enjoying a prime location. The possibilities are endless: • Combine both townhomes to create a sprawling, panoramic beach-view estate. • Use the second duplex with two 2-bedroom apartments to accommodate family and guests, or rent them out as short-term vacation rentals for additional revenue. Both buildings have been meticulously maintained, with storm impact windows and sliding glass doors (installed in 2021) offering peace of mind. These homes withstood the recent storms (including Category 3 Hurricane Milton) with little to no wind damage, showcasing the quality of construction. • One building features a newer metal roof (installed in 2021), while the second has an all-new metal roof (installed in August 2024). Both received new roof insulation in December 2021. The true centerpiece of this property is the exotic lagoon-style heated pool, a serene oasis nestled between the two homes. Relax under the gentle waterfall or lounge on the Rocky Mount quartz stone pool deck, bringing a touch of luxury to your outdoor space. The tropical landscaping, professionally designed and completed in February 2022 and November 2024, enhances the lush surroundings, creating a private retreat. Just one block from Siesta Key Beach, this location offers easy access to the iconic coastline—perfect for beach lovers, water sports enthusiasts, or anyone seeking a tranquil escape by the sea. Beyond the beach, the vibrant Siesta Key Village provides shops, restaurants, and activities for all ages. And when you’re ready to explore, downtown Sarasota is just a short drive away, offering fine dining, art, culture, and more. Whether you’re looking for a family compound, a high-performing vacation rental investment, or a combination of both, this Siesta Key gem offers incredible potential. Don’t miss your chance to own a piece of paradise in one of Florida’s most desirable beach communities.

Details

Property type

Single Family Residence

Lot size

0.28 acres

Price per sq ft

$1,239

Year built

1955

Annual property taxes

$25,665.89

HOA

No

Price History

12/13/2024
StellarMLS

StellarMLS #A4629527

Listed
$6,600,000
05/17/2024
StellarMLS

StellarMLS #A4596641

Removed
$6,600,000
02/21/2024
StellarMLS

StellarMLS #A4596641

Listed
$6,600,000

Schools & Community

Elementary school: 

Phillippi Shores Elementary

Middle school: 

Sarasota Middle

High school: 

Sarasota High

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Northern Tr Bk Of Fl N A

Loan start date

April 1998

Original loan amount

$434,000

Est. remaining balance

Not provided

Interest rate

7.09%

Loan type

Commercial

Seller

Virginia P Heidersberger

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 02/02/2025 at 11:55 PM

Listing updated: 01/07/2025 at 1:18 PM

Listed by: Virginia Heidersberger, SIESTA KEY RENTAL GENIE INC Phone #: (941) 894-4485

MLS: StellarMLS #A4629527

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