4534 BANAN PLACE Siesta Key, FL $ 1,999,999
4534 BANAN PLACE
$ 1,999,999
Open House 3/1 12pm - 2pm
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4534 BANAN PLACE

Siesta Key, FL, 34242
$ 1,999,999
Bedrooms5 Baths3.0 Sq 3,119

Monthly Estimate*

$ 12,314

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Single Family Home for sale in Siesta Key, FL

for $1,999,999 with 5 bedrooms and 3 full baths. This 3,119 square foot home was built in 1964 on a lot size of 0.24.

Welcome to an unparalleled sanctuary at 4534 Banan Place, a Siesta Key treasure that marries zen-like tranquility with the finest touches of luxury. This more-than-3,000-square-foot, five-bedroom, three-bath estate is a hidden gem, offering a spa-like retreat with dual living spaces, a flex room, and an atmosphere that feels like a private resort. Every inch has been exquisitely reimagined: a new standing seam black Key West–style roof (50-year lifespan) installed in 2025, High-impact resistant skylights, doors, and sliders, and curated lighting throughout create a luminous and serene interior. The heart of the home is a gourmet kitchen featuring top-of-the-line Café appliances, a double oven, a gourmet pot filler, and JARLIN custom soft-close cabinetry in all bathrooms, the kitchen, and the master closet. The centerpiece is an imported African walnut waterfall island, a stunning 7.5-foot by 4.5-foot masterpiece anchoring the space. The entire home is enhanced by the luxury of 22mm extra-long and extra-wide vinyl plank flooring, as well as 48x48 luxury tiles in a calming jade-like hue. Within this serene haven, you'll find not just one but a true dual ensuite layout, offering two primary suites—one larger than the other—both adorned with custom shelving throughout and luxurious five-panel doors. The main primary suite is a sanctuary of its own, complete with private access to the outdoors and pool. The primary bathroom is a spa-like escape, featuring a double glass-door shower with a rain head, wand, and expansive tile running up the wall. On the opposite side of the home, two additional guest bedrooms provide comfort and style. A brand-new tankless water heater ensures endless comfort, and the home also includes a front-load LG washer and dryer for modern convenience. Adding to the allure, the home includes a full wine bar with a brand-new wine fridge, perfect for entertaining in style. Outside, the newly resurfaced and rescreened pool area is surrounded by elegant travertine decking and mature landscaping with an ornamental irrigation system, creating a true private oasis. Two outdoor showers add to the resort-like experience. High-end renovations include: New standing seam roof; High-impact doors throughout the home; Durable Luxury Vinyl Plank flooring; African walnut waterfall countertops & custom wood ceiling in the kitchen; Floor to ceiling tile in main primary bathroom; New major appliances including, pool equipment, Café Appliances and water heater; and designer finishes and curated lighting throughout. Finally, immerse yourself in the lifestyle of Siesta Key: a world-renowned destination known for its pristine beaches, vibrant local culture, and a sense of community that is second to none. The home is ideally located just blocks from Roberts Bay and less than a mile from the award-winning crystal sands of Siesta Key Beach. With no HOA or deed restrictions, you have the freedom to make this oasis truly your own. **Notably, this property was appraised in December 2025 at $2.33 million—$330,000 above the list price—ensuring immediate equity for the fortunate new owner. Welcome to a life of unmatched elegance on Siesta Key.

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Open House

3/1/2026 12:00 PM - 2:00 PM
4534 BANAN PLACE Siesta Key, FL
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm

Single Family Active

Price

$ 1,999,999

Bedrooms

5

Full Bath

3

Property Type

Single Family

Taxes

$ 4,157

Style

Ranch

Lot Size

0.24

Year Built

1964

Town/City

Siesta Key

County/Region

Sarasota

MLS | Web ID

A4676616

Features
General
Sewer Public Sewer
Heating Heat Pump
Cooling Central Air
Utilities Cable Connected Electricity Connected Sewer Connected Water Connected
Roof Shingle
Appliances Bar Fridge Built-In Oven Dishwasher Disposal Dryer Microwave Range Range Hood Refrigerator Tankless Water Heater Washer Wine Refrigerator
Zoning RSF2
Patio/Porch Features Covered Deck
Architectural Style Ranch
Pool Features Heated In Ground Screen Enclosure
Construction Materials Block Wood Frame Wood Siding
Year Built 1964
Levels One
Property Subtype Single Family Residence
Tax Year 2025
Ownership Fee Simple
County Sarasota
New Construction false
Property Type Residential
Subdivision Name OCEAN BEACH REP
Facing Direction East
Garage Y/N false
Total Rooms 10
Full Baths 3
Status Active
Directions From Hwy 41 turn west onto Siesta Dr. and follow at the curve to the left onto Higel Ave. continue straight through the round about and take a left onto Reid St. then right onto Banan. House will be first on your left.
City SIESTA KEY
Senior Community Y/N false
MLS Area 34242 - Sarasota/Crescent Beach/Siesta Key
Lot Size Units Square Feet
Lot Size Square Feet 10494
Carport Y/N false
Listing Terms Cash Conventional VA Loan
Land Lease Y/N false
Tax Annual Amount 4157.03
Additional Parcels Y/N false
Lease Considered Y/N true
Virtual Tour https://www.zillow.com/view-imx/e90f021a-e43f-4804-9a3e-883a7492752c?wl=true&setAttribution=mls&initialViewType=pano
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Vacant
Tax Lot 8
Legal Description SLY 60 FT OF LOT 8 & NLY 20 FT OF LOT 9 BLK A REPLAT OF PORTION OF OCEAN BEACH
Minimum Lease 1 Month
Water Access Y/N false
Additional Rooms Bonus Room Den/Library/Office Formal Living Room Separate Media Room
Water View Y/N false
Flood Zone Code AE
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Interior
Interior Amenities High Ceilings Kitchen/Family Room Combo Living Room/Dining Room Combo Primary Bedroom Main Floor
Flooring Luxury Vinyl Tile
Furnished Y/N Unfurnished
Fireplace Features Family Room Wood Burning
Total Stories 1
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N true
Half Baths 0
Laundry Features Inside Laundry Room
Total Bedrooms 5
Total Baths 3
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Exterior
Exterior Amenities Courtyard Irrigation System Lighting Outdoor Shower Private Mailbox Private Yard Sliding Doors Storage
Vegetation Mature Landscaping Oak Trees Trees/Landscaped
Fencing Wood
Lot Features Oversized Lot
Water Source Public
Lot Size Area 10494
Foundation Details Slab
Spa false
Building Area Total 3299
Lot Size Acres 0.24
Road Surface Type Asphalt
Private Pool true
Waterfront Y/N false
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* Excluded Features
List By
Preferred Shore Llc

Broker

hoppersellshomes@gmail.com

Email

Affordability Calculator

$12,661
Per Month
97%
3%
0%
Monthly Principal & Interest
$12,314
Monthly Property Taxes
$346
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/1/2026$1,999,999 Listed Price

Map


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4534 BANAN PLACE, Siesta Key, FL, 34242 is a Single Family Home for sale at $1,999,999 with 3,119 sqft and a lot size of 0.24. 4534 BANAN PLACE has 5 bedrooms, 3.0 baths, and was built in 1964. The property's zip code is 34242 which is in Siesta Key, FL