5432 Cape Leyte Drive, Sarasota, FL 34242

$1,010,000
3
BD
2
BA
1,659
SqFt

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Sold Price
$1,010,000
List Price
$1,125,000
Status
Sold
Days on Market
336
Closing Date
Apr 21, 2026
MLS#
A4649500
Property Style
Single Family
Architectural Style
Florida, Ranch
Year Built
1974
Bedrooms
3
Bathrooms
2
Living Area
1,659
Lot Size
14,613
Acres
0.34
Total Acreage
1/4 to less than 1/2
Legal Subdivision Name
Siesta Isles Unit 2
Community Name
Siesta Isles
MLS Area Major
Sarasota/Crescent Beach/Siesta Key

Property Description

Newly adjusted price - an exceptional opportunity to own a charming beach retreat on Siesta Key minutes from world-famous Siesta Beach—consistently 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 doors—ideal for a home office, den, or guest space. With a base flood elevation of 8'8" the home remained high and dry with no water intrusion during the storms; the elevation certificate and inspection certification are 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 Village’s boutiques, dining, and live music—and a short drive to downtown Sarasota’s cultural attractions, farmers markets, and waterfront destinations—this property also offers long-term potential as a future residential building site due to its prime island location. With a voluntary HOA of only $200 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 you’ve been waiting for.

Additional Information

Taxes
$10946
Minimum Lease
1 Month
HOA Fee
$250
HOA Payment Schedule
Annually
Location
Flood Insurance Required, In County, Oversized Lot, Paved
Community Features
Deed Restrictions
Property Description
One Story
Zoning
RSF2
Interior Layout
Built-in Features, Ceiling Fans(s), Split Bedroom, Stone Counters, Thermostat, Walk-In Closet(s)
Interior Features
Built-in Features, Ceiling Fans(s), Split Bedroom, Stone Counters, Thermostat, Walk-In Closet(s)
Floor
Terrazzo, Tile
Appliances
Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
Utilities
BB/HS Internet Available, Cable Available, Electricity Connected, Public, Sewer Connected, Water Connected
Heating
Central, Electric
Air Conditioning
Central Air
Exterior Construction
Block, Stucco
Exterior Features
Sliding Doors
Roof
Metal
Foundation
Slab
Pool
No Pool
Garage Carport
2 Car Garage
Garage Spaces
2
Garage Features
Circular Driveway, Driveway, Garage Door Opener, Oversized
Garage Dimensions
20x18
Elementary School
Phillippi Shores Elementary
Middle School
Brookside Middle
High School
Sarasota High
Fences
Fenced, Vinyl
Pets
Allowed
Flood Zone Code
AE
Parcel ID
0082100002
Legal Description
LOT 27 SIESTA ISLES UNIT 2

Listing courtesy of PREMIER SOTHEBYS INTL REALTY. 941-364-4000

Selling Office: PREMIER SOTHEBY'S INTERNATIONAL REALTY.

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