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 in Hurricane Helene. Being sold for land value. Sought after location on Siesta Key. Only 2 blocks to the white sands of Siesta Beach. Options to tear down the existing home and build a new one or listers have contractor's detailed estimate to rebuild/renovate existing home. Deep boating water, easy access to Bay with one bridge. Saltwater pool. Minutes to Siesta Village. The possibilities are endless.
Directions: US41 south to West on Stickney Point Rd. over bridge to Siesta Key. Take a right on Midnight Pass Rd. Turn right into Siesta Isles, left onto Cape Leyte to address 5537 on right.
Price Information
Listing Price Info
Price Summary:
List Price: $1,650,000
HOA Fees:
Amount: $150
Frequency: Annually
Tax Information:
Annual Amount: $7,577
Tax Year: 2020
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Housing Market Comparison
See how this home compares to others in Sarasota, FL.
This property is $1.1M more than the Median Sold Price in Sarasota, FL.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: MFRMLS
MLS Number: #A4630478
Listing Office:
Office Name: MICHAEL SAUNDERS & COMPANY
Office Phone: (941) 383-7591
Listing Agent: Debra Pitell-Hauge
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.
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: 12/3/2024, 10:49:49 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
DATE
EVENT
PRICE
Mar 09, 2021
Mar 09, 2021Home Sold
$1,275,000
Nov 19, 2001
Nov 19, 2001Home Sold
$588,000
May 26, 2000
May 26, 2000Home Sold
$480,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$7,577
$598,827
2019
$7,348
$585,364
2018
$7,203
$574,449
2017
$7,174
$562,634
History based on county public records data.
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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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
8
/10
Phillippi Shores Elementary School
4747 S Tamiami Trl
Distance between this listing and this school1.87 miles
Public Magnet Grades PK-5
6
/10
Gulf Gate Elementary School
6500 S Lockwood Ridge Rd
Distance between this listing and this school2.78 miles
Public District Grades PK-5
10
/10
Southside Elementary School
1901 Webber St
Distance between this listing and this school2.97 miles
Public District Grades PK-5
Nearby Schools
5
/10
Brookside Middle School
3636 S Shade Ave
Distance between this listing and this school2.72 miles
Public Magnet Grades 6-8
2
/10
Suncoast School for Innovative Studies
845 S School Ave
Distance between this listing and this school4.28 miles
Public Charter Grades PK-8
7
/10
Imagine School at Palmer Ranch
6220 McIntosh Rd
Distance between this listing and this school4.40 miles
Public Charter Grades PK-8
Nearby Schools
5
/10
Sarasota Virtual Instruction Program
1960 Landings Blvd
Distance between this listing and this school1.47 miles
Public District Grades KG-12
6
/10
Riverview High School
1 Ram Way
Distance between this listing and this school2.22 miles
Public Magnet Grades 9-12
8
/10
Suncoast Polytechnical High School
4650 Beneva Rd
Distance between this listing and this school3.52 miles
The neighbors living near this home have an average income of $71,296. The majority of Sarasota, FL residents have income between $35k-100k annually. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 5537 Cape Leyte Dr
What is the listing price of this property?
The listing price of 5537 Cape Leyte Dr property is $1,650,000.
What type of property is this?
The property 5537 Cape Leyte Dr is land located in Sarasota, Florida, 34242.
Is this property for sale now?
Active Listing: 5537 Cape Leyte 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 $7,577 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on March 9, 2021 for $1,275,000. (source: MLS/tax record).
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This home is located at 5537 Cape Leyte Dr in Sarasota, FL and zip code 34242 in the Siesta Key neighborhood. This home sits on a 0.35 acre lot. It has been listed on Rocket Homes since November 25, 2024 and is currently priced at $1,650,000.
Over 12 listings were sold over their listed price in November 2024 in Sarasota, FL. In the same period over 237 listings were sold below the listed price and 48 listings were sold for the listed price. 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.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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.
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