by Global Lifestyle Properties

See Home Value
Siesta Key 34242 Siesta Beach
616 MANGROVE POINT ROAD
$3,180,000
● House - Off Market

616 MANGROVE POINT ROAD

SIESTA KEY, FL 34242
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,757 Ft²
$16,980
Est. Monthly
0.95%
Cap Rate

About This Property

Pre-Construction. To be built. Island retreat meets waterfront luxury in this custom-built masterpiece by renowned builder Allegra Homes. Situated in an exclusive Siesta Key location, this "Laurie Coastal" floor plan offers an extraordinary 2,757 sq. ft. of open, bright living space. Designed with the utmost attention to detail, the home includes 3 spacious bedrooms, 3.5 baths, a study, and a bonus room, providing plenty of room for both relaxation and entertainment. Step outside and experience true Florida living with a screen-enclosed lanai, a private saltwater pool/spa, stunning views of the saltwater canal with south facing exposure. The chef's kitchen is equipped with top-of-the-line Wolf, SubZero, and Dove appliances, perfect for culinary enthusiasts. The luxurious master suite offers dual walk-in closets and a spa-like bath, while each guest room features an en suite bath for ultimate privacy and comfort. New Seawall and not too far from world renowned Siesta Key beach.

Seamlessly transition between indoor and outdoor living with the great room's pocketing glass sliders that open to the lanai. Additional features include a 3-car garage with an epoxy floor, impact Low-E windows and doors, a tankless water heater, and professional landscaping, enhancing both style and functionality. A paver brick driveway and tongue-and-groove wood ceiling on the lanai further elevate the home's elegance.

Located just minutes from Crescent Beach and Siesta Village, this home offers the ultimate in waterfront living and access to the vibrant Siesta Key lifestyle. Don't miss the opportunity to own this incredible home-where modern design and luxurious living come together in perfect harmony!
Unit Size
2,757 Ft²
Days on Market
379 days
Land Size
0.27 acres
Price per sqft
$1,221
Property Type
House
Property Taxes
$447
HOA Dues
-
Year Built
1969

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Cap Rate Calculator

Last updated: 10 months ago (Stellar MLS #A4632296)

Price History

Date / Event Date Event Price
Jan 23, 2026 Sold
Sold
Aug 13, 2025 In contract -
In contract
Feb 1, 2025 Price Decreased $3,367,000
↓ $92K (2.7%)
Price Decreased
Jan 9, 2025 Listed by GRECO REAL ESTATE $3,458,682
Listed by GRECO REAL ESTATE

Property Highlights

Garage
Parking Available
Air Conditioning
With View

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1989
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 5
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 3
  • Roof Shape Type: 11
  • Roof Cover Type: 4
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 624
  • Parking Space Count: 2
  • Patio Type: 92
  • Porch Type: 111
  • Pool Type: 0
  • Location Influence Type: 27

    Dimensions

  • Lot Size Square Feet: 11,942
  • Total Building Area: 3,101
  • Gross Building Area: 3,451
  • Building Area: 2,477
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,477
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SIESTAS BAYSIDE WATERSIDE-WOOD UNIT B
  • Land Acres: 0000000274
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 001
  • Legal Description 1: LOT 17 SIESTAS BAYSIDE WATERSIDE WOOD UNIT B

Neighborhood

  • School District Name: Sarasota County School District
  • School Tax School District: L018 W190 A055
  • Census Tract: 001904

Zoning

  • Zoning: RSF2

Geography

  • Assessors Map Reference: 28A
  • Account Number: 0079070020
  • Subdivision Tract Number: 1727
  • Parcel: 0079-07-0020
  • Lot: 17
  • Meridian: SEC 01 TWN 37S RNG 17E
  • Municipality: SARASOTA COUNTY
  • Latitude: 27.2875
  • Longitude: -82.5583

    Address

  • Full Address: 616 Mangrove Point Rd
  • Legal Unit: B
  • Address - House Number: 616
  • Address - Street Name: Mangrove Point
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Sarasota
  • Carrier Code: C020
  • 4-Digit Zip Code: 1230
  • Zip Code: 34242

Valuation

    Tax

  • Total Area: 3,451
  • Tax Year: 2023
  • Tax Amount: $515,844
  • Tax Rate Code Area: 1892

    Appraisal Valuation

  • Standard Deviation: 0.1754
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 77
  • Final Value: 1,792,706
  • High Value: 2,107,323
  • Low Value: 1,478,090

    Market Valuation

  • Market Total Value: $1,192,000
  • Market Land Value: $951,500
  • Market Improvement Value: $240,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $421,659

    Exemptions

  • Homeowner Exemption: Yes
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Siesta Beach


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Frequently Asked Questions

When was property at 616 Mangrove Point Road built and last sold?
The property at 616 Mangrove Point Road was built in 1969 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 616 Mangrove Point Road is $0.
What are some comparable homes to 616 Mangrove Point Road?
There are currently no comparable homes to 616 Mangrove Point Road.