4 months on rocket

5116 Admiral Pl, Sarasota, FL, 34231

$1,425,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
2 Full Baths
2,243 SqFt
$635/SqFt
House

Location

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5116 Admiral Pl, Sarasota$1,425,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1980
HeatingCentral
CoolingCentral Air
WaterfrontCanal
FireplaceGas
ViewWater
MLS #A4614353
Lot Size0.17 Acres
StatusActive

About 5116 Admiral Pl

Discover Your Dream Waterfront Escape! A rare opportunity. Homes in this well established, coveted neighborhood almost never come up for sell. This highly sought after, ideally located, waterfront enclave is built on a Philippi Creek peninsula offering true waterfront living. Boating, fishing, canoeing or bird watching. Step into this Architectural Digest-worthy waterfront beauty! This well-cared-for, custom-built gem, is brimming with one-of-a-kind touches at every turn. Three bedrooms en-suite down the main hall, leads to a spacious laundry room. In the primary, you will be greeted by a wall of sun-drenched windows overlooking the tranquil waterfront of a nature filled cove. On your right, featuring an artisan bathroom, reminiscent of a storied Brooklyn boutique hotel. With an enameled iron, full body soaking tub, Kohler brushed gold rainhead shower and multiple jets, you can feel the tension of the day leave you. A walk-in closet with exquisitely carved, sliding doors from an 1890 estate in Chicago, honed white limestone and marble floors and French doors that open to the back deck—perfect for your morning coffee or evening drink! The sizable second corner bedroom lets in the great morning sun with windows on both sides of the room. With a private entrance and front deck access, ideal for meditation, yoga, or enjoying a newspaper with your favorite cold brew coffee. A third private, cozy guest room shares a spacious bathroom, with dual vanity, Japanese bidet, Kohler oversized rainhead shower and multiple jets, ensuring comfort for all your visitors. An inviting office, den or 4th bedroom (with its own entrance), includes a queen size Murphy bed custom built by local Amish craftsmen. The open living area has 18’ vaulted ceilings, exposed cedar beams and slats, and a bespoke lighting installation, all which center around an impressive gas fireplace with hearth surround, ideal for entertaining. However, it’s the stunning water views that take center stage throughout. The architect oriented the home on the property to ensure unobstructed views could be had from most windows, perfectly framing local fireworks for your own private viewing. The chefs dream of a kitchen with dual wall ovens, Viking 4 burner with grill top, pot filler, wine cooler (both white and red wines), marble countertops, bespoke Italian unlacquered brass facet, custom brass inlaid solid wood maple cabinets, honed marble floors, and finally, a matching vaulted ceiling in keeping with the living room. And this chef won’t feel left out of the party. On the contrary, the chef takes center stage as the kitchen was designed to rise slightly above the living room, proving a commanding view of your guests and the waterfront. Passing through to the lanai, which offers a stunning view, showcasing a screened porch, boat dock with water and power for you fishermen and fabulous views of the cove. There is an outdoor shower on the back deck to wash off the white Siesta Key sand before coming indoors. This spot is a boater's paradise! The canal grants you quick and easy access to Sarasota Bay and the Gulf of Mexico. Make this oasis yours!

Property Details

Property Features

Property Information:

  • Architectural Style: Elevated, Florida
  • Year Built: 1980
  • Living Area: 2,243 SqFt

Listing Office:

  • Office Name: MICHAEL SAUNDERS & COMPANY
  • Office Phone: (941) 907-9595
  • Listing Agent: Diane Fogo Harter

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer, Wine Cooler
  • Flooring Type: Travertine
  • Interior: Built-in Features, Cathedral Ceiling(s), High Ceilings, Kitchen/Family Room Combo, Primary Bedroom Main Floor, Solid Surface Counters, Vaulted Ceiling(s), Walk-In Closet(s)
  • Fireplace: Gas

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Canal
  • View: Water
  • Exterior: French Doors, Private Mailbox

Lot Features

Lot Information:

  • Lot: Flood Zone, City Lot, Landscaped, Dead End Street, Paved
  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From 75 to west on Bee Ridge, (left) south on Beneva Rd. Right on Proctor, left on Riverwood Ave, to left on Admiral Pl and house will be on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,425,000
  • Price Per SqFt: $635/SqFt

Tax Information:

  • Annual Amount: $5,474
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Sarasota, FL.

Med. Sold Price

$520.7K

Med. Price/SqFt

$305

Avg. Days On Market

62

# of Sold Homes

302

5116 Admiral Pl vs Sarasota

149 DAYS ON ROCKET

+87 Days

$1,425,000

+$904.2K More

$635/SqFt

+$330 More

KEY TAKEAWAY

This property is $904.2K more than the Median Sold Price and $330/SqFt more than other homes in Sarasota, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #A4614353

Listing Office:

  • Office Name: MICHAEL SAUNDERS & COMPANY
  • Office Phone: (941) 907-9595
  • Listing Agent: Diane Fogo Harter

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/15/2024, 7:19:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 06, 2016Home Sold
$520,000

Tax History

YEARPROP. TAXASSESSMENT
2020$5,474$423,316
2019$5,961$430,300
2018$6,395$464,200
2017$5,938$422,000

History based on county public records data.

Payment Calculator

$7,180

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,339

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-446786
8
/10
  • Phillippi Shores Elementary School

  • 4747 S Tamiami Trl

  • 0.53 miles

  • Public Magnet Grades PK-5

school-card-donut-446787
6
/10
  • Gulf Gate Elementary School

  • 6500 S Lockwood Ridge Rd

  • 1.50 miles

  • Public District Grades PK-5

school-card-donut-446788
5
/10
  • Wilkinson Elementary School

  • 3400 Wilkinson Rd

  • 1.54 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $47,333. Residents of Sarasota, FL typically earn less than $35k each year. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Living In Sarasota, FL

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

Types of housing in Sarasota, FL.

Sarasota's housing market is diverse, offering a mix of single-family homes, condominiums, and townhouses that cater to a range of preferences and budgets. Architectural styles vary widely, with a notable presence of Mediterranean-inspired designs alongside modern and contemporary structures. The area has seen a steady growth in new developments, particularly in the condominium sector, which adds a modern touch to the city's skyline.

What is it like to live in Sarasota, FL?

Sarasota prides itself on its vibrant arts scene and cultural richness, with numerous galleries, theaters, and the renowned Ringling Museum of Art. The community's character is further enhanced by its proximity to pristine beaches and a variety of outdoor recreational activities, making it a desirable location for both retirees and families. Annual events like the Sarasota Film Festival and the Sarasota Music Festival celebrate the city's artistic heritage and community spirit.

Is it easy to get around Sarasota, FL without a car?

The city is served by a robust educational system, including multiple public and private schools that offer a range of educational programs. Sarasota Memorial Hospital stands as a major healthcare provider, offering comprehensive services from emergency care to specialized treatments. The public library system is well-established, providing residents with access to a wealth of knowledge and resources. Retail and dining options are plentiful, reflecting the local culture with a blend of international cuisines and boutique shopping experiences.

Transportation in Sarasota, FL.

Sarasota's transportation network includes a variety of options for residents and visitors. The Sarasota County Area Transit (SCAT) provides bus services with routes covering key areas of the city. For those who prefer private transport, ride-sharing services like Uber and Lyft are readily available. The city is also connected by several major roads, including Interstate 75 and U.S. Route 41, facilitating travel to nearby cities and attractions. Efforts to enhance walkability and bikeability are evident in the downtown area and along the scenic waterfront.

Frequently Asked Questions About 5116 Admiral Pl

What is the listing price of this property?

The listing price of 5116 Admiral Pl property is $1,425,000.

What type of property is this?

The property 5116 Admiral Pl is a house located in Sarasota, Florida, 34231.

Is this property for sale now?

Active Listing: 5116 Admiral Pl is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $5,474 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on October 6, 2016 for $520,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5116 Admiral Pl has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 5116 Admiral Pl is 2,243 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5116 Admiral Pl is 1980.

Rocket HomesFloridaSarasota CountySarasota342315116 Admiral Pl

This home is located at 5116 Admiral Pl in Sarasota, FL and zip code 34231. This 2,243 square foot home, which was built in 1980, sits on a 0.17 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 18, 2024 and is currently priced at $1,425,000.

While more than 13 listings in Sarasota, FL in October 2024 were sold above asking price, there were more than 47 listings sold at asking price, and more than 242 were sold below. The inventory of homes for sale in Sarasota, FL between September 2024 and October 2024 decreased by 0.8%. While the average time on the market in October 2024 was 62 days, the median list price was $520,718.

From Rocket Homes Real Estate and based on county public records data.

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