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5432 Cape Leyte Drive
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PRICED AT ONLY: $1,150,000

Address: 5432 Cape Leyte Drive, SARASOTA, FL 34242

Description

Exceptional Opportunity on Siesta Key. Now offered at a newly adjusted price, this charming Siesta Key retreat presents an outstanding opportunity to own just minutes from world famous Siesta Beachconsistently ranked among the best beaches in the U.S. With powdery white sands, crystal clear turquoise waters, and unforgettable Gulf sunsets close by, this home captures the essence of relaxed island living. Located in the desirable, deed restricted community of Siesta Isles, this three bedroom, two bath residence is set on a lushly landscaped, nearly 15,000 square foot lot adorned with more than 40 mature palm trees, bromeliads, and a rare, show stopping staghorn fern. The expansive property offers exceptional outdoor privacy, ample room for entertaining or recreation, and space to add a pool. Inside, the open concept floor plan features generously sized rooms filled with natural light. A wraparound wall of windows in the living and breakfast areas frames serene views of the tropical backyard, creating a seamless indoor outdoor connection. The renovated kitchen is thoughtfully designed with white quartz countertops, glass tile backsplash, and newer appliances, while a separate dining room provides comfortable space for gatherings. The primary suite includes an en suite bath and a tranquil retreat feel. Two additional bedrooms offer flexibility, including a third bedroom with contemporary barn doorsideal for a home office, den, or guest space. The home remained high and dry with no water intrusion during the storms; an inspection certification is available. Additional highlights include a private, low maintenance, six foot fenced backyard, an oversized circular paver driveway with generous parking, and a two car garage for storage and convenience. The home may be purchased turnkey furnished (with a few exclusions), making it well suited as a beach getaway, seasonal residence, or income producing property. Recent improvements totaling over $100,000 add peace of mind and value, including a metal roof (2022), HVAC system (2023), paver driveway (2022), six foot PVC fencing (2020), and re piped sewer and water lines. Just one mile from Siesta Villages boutiques, dining, and live musicand a short drive to downtown Sarasotas cultural attractions, farmers markets, and waterfront destinationsthis property also offers long term potential as a future residential building site due to its prime island location. With a voluntary HOA of only $250 annually and a newly improved price, this is a compelling opportunity to secure your place on Siesta Key. Schedule your private showing today and experience the island lifestyle youve been waiting for.
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  • MLS#: A4649500 ( Residential )
  • Street Address: 5432 Cape Leyte Drive
  • Viewed: 195
  • Price: $1,150,000
  • Price sqft: $529
  • Waterfront: No
  • Year Built: 1974
  • Bldg sqft: 2174
  • Bedrooms: 3
  • Total Baths: 2
  • Full Baths: 2
  • Garage / Parking Spaces: 2
  • Days On Market: 313
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Sliding Doors
  • Fencing: Fenced, Vinyl
  • Flooring: Terrazzo, Tile
  • Living Area: 1659.00
  • Roof: Metal
Land Information
  • Lot Features: Flood Insurance Required, In County, Oversized Lot, Paved
School Information
  • High School: Sarasota High
  • Middle School: Brookside Middle
  • School Elementary: Phillippi Shores Elementary
Garage and Parking
  • Garage Spaces: 2.00
  • Open Parking Spaces: 0.00
  • Parking Features: Circular Driveway, Driveway, Garage Door Opener, Oversized
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central Air
  • Heating: Central, Electric
  • Pets Allowed: Yes
  • Sewer: Public Sewer
  • Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Public, Sewer Connected, Water Connected
Finance and Tax Information
  • Home Owners Association Fee: 250.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2025
Other Features
  • Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Association Name: Laurie Zollinger, president
  • Country: US
  • Furnished: Unfurnished
  • Interior Features: Built-in Features, Ceiling Fans(s), Split Bedroom, Stone Counters, Thermostat, Walk-In Closet(s)
  • Legal Description: LOT 27 SIESTA ISLES UNIT 2
  • Levels: One
  • Area Major: 34242 - Sarasota/Crescent Beach/Siesta Key
  • Occupant Type: Vacant
  • Parcel Number: 0082100002
  • Style: Florida, Ranch
  • View: Garden, Trees/Woods
  • Views: 195
  • Zoning Code: RSF2
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