Active

$1,700,000

Features:
  • 3 Bedrooms
  • 3 Bathrooms
  • 2628 sq ft
Overview
  • ID: MFRA4637567
  • Bedrooms: 3
  • Bathrooms: 3
  • Size: 2628 sq ft
Property Details
Remarks
Highly Motivated Sellers! Bring All Offers to rebuild your dream home in the exclusive community of Bay Island nestled on the Barrier Island of Siesta Key! Remodel, Rebuild or bring a development opportunity to desirable north Siesta Key. Bay Island is a true gem - this highly sought-after community of single-family neighborhoods on Siesta Key, offers unparalleled privacy and luxury. Great Investment - Reap 7 day Rental income as a BNB! Bay Island is minutes to Siesta Key Beach, proclaimed the Number One Beach in all of Florida, year after year. Situationally, the home is also minutes to Siesta Village, which abounds with delightful shops, cafes, bars and sundries. (See Attachment) This quaint village also features convenient grocery shopping, beauty salons, pharmaceutical care, etc. See Trip Advisor link for Siesta Key Village attractions https://www.tripadvisor.com/Attraction_Review-g34618-d1097541-Reviews-Siesta_Key_Village-Sarasota_Florida.html Bay Island provides the most efficient access on or off the Key - less than a quarter mile to the North bridge, experience No Bumper to Bumper Traffic Snarls through the village and along the beaches. Quick access to the north bridge becomes your gateway to all of Sarasota, including Interstate 75. The home has great bones, with a solid concrete block construction that provides excellent structural integrity. Whether you envision a modern coastal retreat or a luxurious family estate, this is a rare chance to secure a piece of wonderment in one of Florida's most desirable communities. Additionally, 3721 Flamingo Avenue offers a once in a lifetime opportunity to Restore a One-of-A-Kind Ben Baldwin Mid-Century Modern home. Architect and Designer Ben Baldwin was recognized internationally as the leading force in the Modern Movement of American Design and Architecture. Over the years he collaborated with I.M. Pei designing among others, the New York studio of Adolph Gottlieb. 3721 Flamingo Ave was Mr. Baldwin's winter home. Mr. Baldwin sought to integrate form, scale, space and light into natural settings of tranquil gardens and waterways. The home has 14 (intact) glass sliders, each with views of bamboo, exotic palms, buttonwood and oak trees, as well as stunning and pristine waterfront views of the Lagoon. A symphony of light enhances the interiors of the home with spacious skylights. The existent garage was homeowner's professional photographer's DarkRoom. Since it has water, electric and ac, can easily be converted into a guest or mother-in-law suite, albeit tiny. The 11,458 sq. ft. corner lot offers enhanced privacy and is surrounded by lush tropical landscaping with serene and unparalleled views of the Lagoon/Canal which provides easy access to the Bay and the Intercostal waterways. The existing 3,321 sq. ft home was flooded and remediated after Hurricane Helene. It needs a restoration of the first floor interior. The second floor is firm. Roofs are firm with additional 5 to 15 years of coverage. The existent concrete block home is stable and unaffected awaiting an interior remodel. This Ben Baldwin home is being sold “As-Is". 3721 Flamingo Ave is the lowest priced home on water in Bay Island! This home was recently featured in Key Life Magazine https:/www.yourobserver.com/news/2024/feb/01/owners-siesta-home-preserve-modern-lineage/ Copy link and post onto internet to view; or see attachments
Financial Considerations
Price:
$1,700,000
HOA Fee:
N/A
Tax Amount:
$5697
Price per SqFt:
$646.88
Tax Legal Description:
BEG AT SW COR OF LOT 347 TH RUN N-11-18-40-W 150 FT WITH W LINES OF LOTS 347 346 & 345 TO AN IP TH RUN ON A CURVE TO RIGHT TO A C/M SAID CURVE HAVING A RADIUS OF 20 FT A CENTRAL ANGLE OF 113 DEG 20
Exterior Features
Lot Size:
11458
Lot Features:
Corner Lot, Flood Insurance Required, FloodZone, City Limits, Landscaped, Near Public Transit, Private, Sidewalk, Street Dead-End, Paved
Waterfront:
Yes
Parking Spaces:
N/A
Parking:
Driveway, Garage Faces Rear, Ground Level, Guest, On Street
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
3
Bathrooms:
3
Heating:
Central, Electric, Exhaust Fan, Heat Pump
Cooling:
Central Air
Appliances:
None
Furnished:
Yes
Floor:
Ceramic Tile, Hardwood, Laminate, Terrazzo, Tile
Levels:
Two
Additional Features
Property Sub Type:
Single Family Residence
Style:
N/A
Year Built:
1955
Construction Type:
Block, Concrete
Garage Spaces:
Yes
Covered Spaces:
N/A
Direction Faces:
South
Pets Allowed:
Yes
Special Condition:
None
Additional Features:
Balcony, Courtyard, Garden, Sidewalk, Sliding Doors
Additional Features 2:
Onus is on buyer or buyer's representative to determine lease duration according to county and city law.
Map
  • Address
    3721 FLAMINGO AVE
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