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$800,000

  • Sold
  • Closed
  • Single Family
  • 5 Beds
  • 3 Full Baths
  • 3,119 Sq. Ft.
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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.

Full Property Details for 4534 Banan Pl

General

  • Sold For: $800,000
  • Taxes: $4,704 (2023)
  • Status: Closed
  • Type: Single Family
  • Source: MidFloridaRegionalMLS
  • MLS ID: A4630024
  • Added to Site: 498 day(s) ago

Rental Information

  • Min. Lease: 1 Month

Interior

  • Number of Rooms: 3
  • Interior Features: High Ceilings, Kitchen and Family Room Combination, Living Room/Dining Room Combo, Primary Bedroom Main Floor
  • Fireplace: Yes
  • Appliances: None
  • Flooring: Tile

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3

Bedrooms

  • Total Bedrooms: 5

Other Rooms

  • Laundry: Inside, Laundry Room

Additional Information

  • Pool: Yes
  • Private Pool: Yes
  • Pool Description: In Ground
  • Spa: Yes
  • Spa Description: In Ground

Exterior

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

Location

  • Area: 34242 - Sarasota/Crescent Beach/Siesta Key
  • County: Sarasota
  • Development Name: 34242 - Sarasota/Crescent Beach/Siesta Key
  • Subdivision: OCEAN BEACH REP
  • Driving 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.
  • Direction Faces: East

Community

  • Community Name: 34242 - Sarasota/Crescent Beach/Siesta Key

Heating & Cooling

  • Cooling Type: Central Air
  • Heating Type: Heat Pump

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Cable Connected, Electricity Connected, Sewer Connected, Water Connected

Structural Information

  • Exterior Const.: Block, Wood Siding
  • Roof: Shingle
  • Stories/Levels: One
  • Square Feet: 3,119
  • Sq. Ft. Source: Public Records
  • Living Area: 3,119 Sq. Ft.
  • Year Built: 1964

Lot Features

  • Lot Size (Acres): 0.24
  • Lot Size (Sq. Ft.): 10,494
  • Lot Size: 10494
  • Street/Road Desc.: Brick

Financial Considerations

  • Tax Amount: $4,704.27
  • Tax Year: 2023

Disclosures and Reports

  • Ownership: Fee Simple
  • Special Conditions: None
  • Legal Description: SLY 60 FT OF LOT 8 & NLY 20 FT OF LOT 9 BLK A REPLAT OF PORTION OF OCEAN BEACH
  • Flood Zone Info: AE
  • Disclosures/Reports: Lead Paint, Seller Property Disclosure
  • APN: 79110006
  • Property ID: 79110006
  • Block/Lot/Section: A

Listed by Kw Suncoast
Sold by Stellar Non-Member Office

Listing agent

— 4534 Banan Pl —

  • Kw Suncoast

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 4534 Banan Pl

School District:Sarasota County School District
NameGradesDistance
Phillippi Shores Elementary School
4747 South Tamiami Trail, Sarasota, FL 34231
PK-52 mi
Brookside Middle School
3636 South Shade Avenue, Sarasota, FL 34239
6-82.4 mi
Sarasota High School
2155 Bahia Vista Street, Sarasota, FL 34239
9-123.3 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 4534 Banan Pl

Date
Details
Price
Change
Source
2/11/2025
Sold
$800,000
-20%
MLS
12/12/2024
Price Reduced
$999,999
-6.98%
MLS
12/04/2024
Price Reduced
$1,075,000
-10.42%
MLS
11/21/2024
Listed
$1,200,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Kw Suncoast
Sold by Stellar Non-Member Office

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4534 Banan Place, Siesta Key, FL 34242 (MLS# A4630024) is a Single Family property that was sold at $800,000 on February 11, 2025. Want to learn more about 4534 Banan Place? Do you have questions about finding other Single Family real estate for sale in Siesta Key? You can browse all Siesta Key real estate or contact a Coldwell Banker agent to request more information.