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5624 Cape Leyte Dr, Sarasota, FL, 34242

$1,250,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
3 Full Baths
2,550 SqFt
$490/SqFt
House

Location

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5624 Cape Leyte Dr, Sarasota$1,250,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Attached Garage2 spaces
Year Built1963
HeatingCentral
CoolingCentral Air
Private PoolYes
MLS #A4628681
Lot Size0.25 Acres
StatusActive

About 5624 Cape Leyte Dr

RARE LOCATION! Rare opportunity to live just five houses from the street entrance to famed Siesta Key public beach. No need for a car or to worry about parking. Just a 5 minute walk and you’ll be enjoying the beautiful quartz sand and crystal clear water. If that isn't enough, this rare parcel is situated between two properties, and has a direct bird's eye view of the Gulf of Mexico. Build an elevated two-story home and you’ll have Gulf views without paying $3 million+ for the lot! This property is 1/4 acre oversized lot that is 100X108 in dimension, so the possibilities are endless. Flood water entered the home. Current existing home has 2,500sf under air, two screened lanai, attached two-car garage, newer 40ft lap pool (2009), newer roof (2022), and an updated and undamaged second floor suite with bedroom, sitting area, full bathroom, and balcony.

Property Details

Property Features

Property Information:

  • Year Built: 1963
  • Living Area: 2,550 SqFt

Listing Office:

  • Office Name: SILVER PALM REALTY
  • Office Phone: (941) 927-2383
  • Listing Agent: Amy Tanaka

Interior Features

Interior Information:

  • Appliances: Other
  • Flooring Type: Laminate
  • Interior: Ceiling Fans(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Exterior: Balcony, Garden, Other

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes

Virtual/3D Tour

  • Virtual Tour: 5624 Cape Leyte Dr
Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 0.25 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Take north bridge on Siesta Drive, turn right onto Ocean blvd, drive through the village and make a left on Beach Rd. Turn left onto Beach Way Dr, immediately right, fifth house on right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,250,000
  • Price Per SqFt: $490/SqFt

Tax Information:

  • Annual Amount: $3,967
  • 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

5624 Cape Leyte Dr vs Sarasota

33 DAYS ON ROCKET

-43 Days

$1,250,000

+$734.4K More

$490/SqFt

+$187 More

KEY TAKEAWAY

This property is $734.4K more than the Median Sold Price and $187/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: #A4628681

Listing Office:

  • Office Name: SILVER PALM REALTY
  • Office Phone: (941) 927-2383
  • Listing Agent: Amy Tanaka

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: 12/18/2024, 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$3,967$313,671
2019$3,830$306,619
2018$3,739$300,902
2017$3,720$294,713

History based on county public records data.

Payment Calculator

$6,306

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,814

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-146506
8
/10

  • Phillippi Shores Elementary School

  • 4747 S Tamiami Trl

  • 1.80 miles

  • Public Magnet Grades PK-5

school-card-donut-146507
6
/10

  • Gulf Gate Elementary School

  • 6500 S Lockwood Ridge Rd

  • 2.57 miles

  • Public District Grades PK-5

school-card-donut-146508
10
/10

  • Southside Elementary School

  • 1901 Webber St

  • 3.01 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. Residents of Sarasota, FL typically earn between $35k-100k each year. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5624 Cape Leyte Dr

What is the listing price of this property?

The listing price of 5624 Cape Leyte Dr property is $1,250,000.

What type of property is this?

The property 5624 Cape Leyte Dr is a house located in Sarasota, Florida, 34242.

Is this property for sale now?

Active Listing: 5624 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 $3,967 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 5624 Cape Leyte Dr has 4 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 5624 Cape Leyte Dr is 2,550 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5624 Cape Leyte Dr is 1963.

Rocket Homes›Florida›Sarasota County›Sarasota›34242›5624 Cape Leyte Dr

This home is located at 5624 Cape Leyte Dr in Sarasota, FL and zip code 34242 in the Siesta Key neighborhood. This 2,550 square foot home, which was built in 1963, sits on a 0.25 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 15, 2024 and is currently priced at $1,250,000.

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. Between October 2024 and November 2024, Sarasota, FL real estate market has seen increase in the number of listings by 9.7%. In November 2024, listings were on the market for 76 days. During the same period, the median list price in this real estate market was $515,531.

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

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