$1,595,000
Pending

5537 CAPE LEYTE DRIVE

Sarasota, FL 34242
2583 sqft | 3 beds | 2 baths | 0.35 acres | #A4630208
Browse 54 photos
Type:Purchase
Structure:House
Zone:Residential

Description

Once in a generation, an opportunity to acquire a remarkable waterfront location on Siesta Key may come your way.
While waterfront properties come and go, few offer the additional amenities of this coveted street, Cape Leyte Drive, situated two blocks from the remarkably world-famous destination, "Crescent Beach" with its crystal sands and turquoise water. It's not just a beach, it's a national treasure with visitors from all over the globe. Living on Siesta Key with THE beach just outside the front door, and a backyard pool plus dock on the canal, within comfortable proximity to the charming artsy Village scene of this enchanting island is worth serious consideration. Home was flooded during Helene. Owners had drywall taken out right away and A/C has been running. Being sold "As Is". Nothing warranted by sellers. Fabulous location only 2 blocks from Siesta Key public beach. Pool is salt water with no cage. Large dock with 20,000 lift ( also as is) overlooking Grand Canal. One bridge to bay. Rebuild or tear down and build new home. Terrific opportunity to own a piece of Siesta Key paradise. Close to the Village. Tremendous value. Previous owner replaced roof in 2015 among other improvements.

  • Property Details
      • Lot DescriptionFlood Insurance Required, FloodZone, In County, Near Public Transit, Paved, Unincorporated
      • InteriorOpen Floorplan, Primary Bedroom Main Floor, Stone Counters
      • Utility FeaturesElectricity Connected, Sewer Connected, Water Connected
      • Elementary SchoolPhillippi Shores Elementary
      • Property SubtypeSingle Family Residence
      • Middle SchoolBrookside Middle
      • High SchoolSarasota High
      • Sewer InformationPublic Sewer
      • SubdivisionSIESTA ISLES
      • Original List Price$1,650,000
      • Property ConditionCompleted
      • Property TypePurchase
      • CountySarasota
      • MLS #A4630208
      • MLS #A4630208
      • Taxes Annual$19,702
      • Cost1595000
      • Utility SourcePublic
      • ViewWater
      • Exterior MaterialsOther
      • Acres0.35
      • Square Feet2583
      • Year Built1963
      • FoundationSlab
      • Hoa Fees150
      • Pets AllowedYes
      • Days on Market (Cumulative)32
      • Bedrooms3
      • Bathrooms2
      • Full Baths2
      • Parking Spaces2

Location

Bill BarnabaReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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