4 months on rocket

5531 Contento Dr, Sarasota, FL, 34242

$2,300,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
4 Full Baths
3,653 SqFt
$630/SqFt
House

Location

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5531 Contento Dr, Sarasota$2,300,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingCovered, Driveway, Garage Door Opener, Ground Level, Workshop in Garage
Attached Garage3 spaces
Year Built1966
HeatingElectric
CoolingCentral Air
WaterfrontCanal
ViewWater
Private PoolYes
MLS #A4617570
Lot Size0.37 Acres
StatusActive

About 5531 Contento Dr

One or more photo(s) has been virtually staged. The 3 storms caused only minor damage to fencing and pool cage screening. Miniscule amount of water in garage likely wind-blown. This beautifully designed residence offers the perfect blend of comfort and convenience. Ideally poised on a generous 16,000+ sq ft lot close to the world-renowned Siesta Key Beach, this home offers easy access to powdery white sands and breathtaking sunsets. Enjoy the convenience of Siesta Village which provides nearby shops and restaurants with a variety of dining and shopping options minutes away. The home is situated at a point on the Grand Canal which curves providing exceptional open serene views. This home is equipped with a majority of hurricane rated windows and sliding doors. The great news is that there was minimal impact from any recent storms (see attached Seller’s Property Disclosure form.)There's an opportunity for a dock at a designated cut-in on the seawall. A large oak tree with a tree swing adds a touch of nostalgia and provides the perfect spot to reflect on the lovely water views. Inside, the home is bathed in natural light, creating a warm and inviting atmosphere throughout. Five generously sized bedrooms ensure comfort and privacy for family and guests. The living areas are generously sized for entertaining with views of the water. The second floor addition was added in 2008 with a separate entrance making the perfect in-law suite or 2 BR guest quarters. The oversized 3 car garage has expansive storage. Step outside to your private oasis, where the expansive outdoor spaces are perfect for enjoying the Florida sunshine. A stunning pool and outdoor entertaining area offer the ideal setting for al fresco dining, lounging, and hosting gatherings with friends and family. Beautiful mature trees adorn the lot and the circular drive offers convenient access. This stunning Siesta Isles home is a rare find, offering the best of Siesta Key living. Don't miss the opportunity to make this your new waterfront paradise.

Property Details

Property Features

Property Information:

  • Year Built: 1966
  • Stories: 2
  • Living Area: 3,653 SqFt

Listing Office:

  • Office Name: MICHAEL SAUNDERS & COMPANY
  • Office Phone: (941) 951-6660
  • Listing Agent: Kim Ogilvie

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Flooring Type: Carpet, Ceramic Tile
  • Interior: Built-in Features, Ceiling Fans(s), Chair Rail, Eat-in Kitchen, High Ceilings, Primary Bedroom Main Floor, Skylight(s), Tray Ceiling(s), Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Waterfront: Canal
  • View: Water
  • Exterior: Hurricane Shutters, Irrigation System, Private Mailbox, Sliding Doors, Storage

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: Yes
  • Parking: Covered, Driveway, Garage Door Opener, Ground Level, Workshop in Garage

Lot Features

Lot Information:

  • Lot: Paved
  • Lot Size: 0.37 Acres

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From the north bridge to Siesta Key, follow Higel Avenue to Midnight Pass Road and bear left at traffic light. Turn right on Shadow Lawn Way. From the Stickney Point Bridge to Siesta Key, turn right onto Midnight Pass Road, bear right at traffic light, turn left on Shadow Lawn Way. From Shadow Lawn Way, turn left on Shadow Lawn Drive, right on Contento Drive, over small bridge, bear right on Contento Dr and the property is on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,300,000
  • Price Per SqFt: $630/SqFt

HOA Fees:

  • Amount: $150
  • Frequency: Annually

Tax Information:

  • Annual Amount: $2,700
  • Tax Year: 2020
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Housing Market Comparison

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

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Sarasota, FL

City

Med. Sold Price

$515.5K

Med. Price/SqFt

$302

Avg. Days On Market

76

# of Sold Homes

297

5531 Contento Dr vs Sarasota

137 DAYS ON ROCKET

+61 Days

$2,300,000

+$1.7M More

$630/SqFt

+$327 More

KEY TAKEAWAY

This property is $1.7M more than the Median Sold Price and $327/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: #A4617570

Listing Office:

  • Office Name: MICHAEL SAUNDERS & COMPANY
  • Office Phone: (941) 951-6660
  • Listing Agent: Kim Ogilvie

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: 12/21/2024, 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

Tax History

YEARPROP. TAXASSESSMENT
2020$2,700$823,927
2019$9,939$781,845
2018$9,686$762,579
2017$9,650$746,894

History based on county public records data.

Payment Calculator

$11.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,962

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-851749
8
/10

  • Phillippi Shores Elementary School

  • 4747 S Tamiami Trl

  • 1.64 miles

  • Public Magnet Grades PK-5

school-card-donut-851750
6
/10

  • Gulf Gate Elementary School

  • 6500 S Lockwood Ridge Rd

  • 2.52 miles

  • Public District Grades PK-5

school-card-donut-851751
10
/10

  • Southside Elementary School

  • 1901 Webber St

  • 2.83 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $71,296. Most Sarasota, FL residents have annual incomes between $35k-100k. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5531 Contento Dr

What is the listing price of this property?

The listing price of 5531 Contento Dr property is $2,300,000.

What type of property is this?

The property 5531 Contento Dr is a house located in Sarasota, Florida, 34242.

Is this property for sale now?

Active Listing: 5531 Contento Dr 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 $2,700 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 5531 Contento Dr has 5 bedrooms and 4 bathrooms.

What is the square footage of this property?

The property 5531 Contento Dr is 3,653 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5531 Contento Dr is 1966.

Rocket Homes›Florida›Sarasota County›Sarasota›34242›5531 Contento Dr

This home is located at 5531 Contento Dr in Sarasota, FL and zip code 34242 in the Siesta Key neighborhood. This 3,653 square foot home, which was built in 1966, sits on a 0.37 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since August 06, 2024 and is currently priced at $2,300,000.

In November 2024, from all listings sold in Sarasota, FL there were more than 12 sold above asking price, over 237 sold below and more than 48 were sold right at the asked price. The number of homes for sale in Sarasota, FL increased by 9.7% between October 2024 and November 2024. While the average time on the market in November 2024 was 76 days, the median list price was $515,531.

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

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