6 months on rocket

5116 Admiral Pl, Sarasota, FL, 34231

$1,350,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
2 Full Baths
2,243 SqFt
$602/SqFt
House

Location

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5116 Admiral Pl, Sarasota$1,350,000

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 awaits in this well established, highly sought after neighborhood. Ideally located, this waterfront home with private dock, is built on a Philippi Creek peninsula just minutes from Siesta Key. Boating, fishing, kayaking or relaxing on any of our world-renowned beaches, is waterfront living at its finest. High and Dry! With 11 feet elevation, the interior of this waterfront home has yet to be breached in 44 years. Hurricanes Debby, Helene, and Milton did their level best, but not a single drop of water entered the home. Custom-built gem, is brimming with one-of-a-kind touches at every turn. Extensively renovated, both interior and exterior, offering what is essentially a new home. There are 4 spacious bedrooms and a centrally located laundry room. In the primary, you’re greeted by a wall of sun-drenched windows overlooking the tranquil waterfront of a nature-filled cove. Featuring an artisan bathroom that’s reminiscent of a storied Brooklyn boutique hotel. The renovations include a cast iron full body soaking tub with a generous walk-in shower encased in extra pure glass. Kohler oversized brushed gold rainhead and multiple jets helps release the tension of the day. A walk-in closet with exquisitely carved, sliding doors from an 1890 estate in Chicago. The flooring is honed white limestone and encaustic tiles. French doors open to the back deck—perfect for your morning coffee or evening drink! Sizable second corner bedroom lets in morning sun with windows on both sides of the room. With a private entrance and front deck access. A third cozy guest room shares a spacious bathroom, with dual vanity, Japanese bidet, Kohler oversized rainhead and multiple jets, ensuring comfort for 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. Open living area has 18’ vaulted ceilings, exposed cedar beams and slats, and a bespoke lighting installation, which centers around an elevated gas fireplace with raised 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 many windows. Chefs dream of a kitchen with dual wall ovens, Viking 4 burner with grill top, pot filler, wine cooler, marble countertops, bespoke Rohl Italian unlacquered brass facet, antique cabinet pulls from an estate in London, and custom brass inlaid solid wood maple cabinets. The flooring is honed white marble with a matching vaulted ceiling in keeping with the living room. The chef won’t feel left out of the party. They take center stage as the kitchen was designed to rise slightly above the living room, proving a commanding view of your guests and the expansive waterfront. Passing through to the screened in lanai, you’ll be enveloped by the stunning water views of the tranquil cove. For you dog lovers, the yard is fenced with puppy pickets on the lower section. There are large embedded doggie doors in the living room and lanai proving easy access to the yard. Private boat dock has both water and power for you fisherman. Beach lovers, there is an outdoor shower to wash off the white Siesta Key sand. Truly a boater's paradise! The canal grants you quick and easy access to Siesta Key, Sarasota Bay and the Gulf of Mexico from your own private dock. 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, Stone 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: $1,350,000
  • Price Per SqFt: $602/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

$515.5K

Med. Price/SqFt

$302

Avg. Days On Market

76

# of Sold Homes

297

5116 Admiral Pl vs Sarasota

182 DAYS ON ROCKET

+106 Days

$1,350,000

+$834.4K More

$602/SqFt

+$299 More

KEY TAKEAWAY

This property is $834.4K more than the Median Sold Price and $299/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: 12/17/2024, 10:49:50 PM 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

$6,805

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,114

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-4425151
8
/10
  • Phillippi Shores Elementary School

  • 4747 S Tamiami Trl

  • 0.53 miles

  • Public Magnet Grades PK-5

school-card-donut-4425152
6
/10
  • Gulf Gate Elementary School

  • 6500 S Lockwood Ridge Rd

  • 1.50 miles

  • Public District Grades PK-5

school-card-donut-4425153
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. The majority of Sarasota, FL residents have income less than $35k annually. 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 $1,350,000.

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 $1,350,000.

In November 2024 more than 12 listings in Sarasota, FL were sold above the asking price. During the same period more than 48 listings were sold at asking price, while more than 237 were sold below. The inventory of homes for sale in Sarasota, FL between October 2024 and November 2024 increased by 9.7%. The median list price of listings available in November 2024 was $515,531, while the average time on the real estate market was 76 days.

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

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