4 months on rocket

5727 Riegels Point Rd, Sarasota, FL, 34242

$7,350,000

3 Bedrooms
2 Full Baths, 1 Partial
3,616 SqFt
$2,033/SqFt
House

Location

Image provided by Mapbox

Property Highlights

Home TypeSingle Family Residence
ParkingGarage Door Opener, Ground Level
Attached Garage2 spaces
Year Built1982
HeatingElectric, Zoned
CoolingCentral Air, Zoned
WaterfrontCanal
ViewPool, Water
Private PoolYes
MLS #A4618421
Lot Size0.23 Acres
StatusActive

About 5727 Riegels Point Rd

Welcome to your island paradise on Siesta Key. Riegel’s Landing, one of the premier locations on Siesta Key, is renowned for its excellent boating access and proximity to one of the best beaches in the country. On a protected boat basin with 357 feet of waterfront and direct access to the Intracoastal Waterway, this stunning residence has been completely renovated by its owners and offers an island sanctuary. Key features include impact-rated windows and doors, a newer standing seam, metal roof, Hardie plank siding, composite decks with powder-coated aluminum exterior railings, a whole-house water softener, four air-conditioning zones, beautiful mature landscaping, firepit, and a waterside saltwater pool and spa. For boating enthusiasts, the property offers an outstanding setup with a 56-foot fully equipped boat dock featuring two lifts, a floating dock and a kayak launch. Inside, the home is equally remarkable, boasting vaulted ceilings, abundant natural light, an open great room floor plan, engineered hardwood floors, electronic blinds, and beautifully updated kitchen and baths. The gourmet kitchen features solid stone countertops, a glass tile backsplash, soft-close cabinets and drawers, high-end stainless-steel appliances and a large rectangular island with bar seating. The primary suite, on the main living level, is a retreat with sliding door access to the terrace, a custom-organized walk-in closet and a spa-like bath. Upstairs, there are two additional bedrooms, a bath and an open loft area. The lower level includes a 56-bottle wine refrigerator and a multi-functional open space that opens out to the pool area, ideal for use as a game room, home gym, office or extra bedroom. Experience luxurious island living at its finest in this beautiful Siesta Key waterside home.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1982
  • Living Area: 3,616 SqFt

Listing Office:

  • Office Name: PREMIER SOTHEBYS INTL REALTY
  • Office Phone: (941) 364-4000
  • Listing Agent: Peg Davant

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Washer, Water Softener, Wine Cooler
  • Flooring Type: Hardwood, Luxury Vinyl, Other
  • Interior: Ceiling Fans(s), Chair Rail, Eat-in Kitchen, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Thermostat, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Waterfront: Canal
  • View: Pool, Water
  • Exterior: Awning(s), Irrigation System, Lighting, Outdoor Shower, Sliding Doors

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Garage Door Opener, Ground Level

Lot Features

Lot Information:

  • Lot: Cul-De-Sac, Irregular Lot, Landscaped, Private, Dead End Street
  • Lot Size: 0.23 Acres

Utilities

Utilities Information:

  • Heating: Electric, Zoned
  • Cooling: Central Air, Zoned

Other

Directions Information:

  • Directions: Midnight Pass Rd., to Riegel's Landing Dr., (next to St. Boniface church). Proceed to entry gate. Enter through gate and take first right turn, proceed to Riegels Point Rd and turn left. Home at end of cul-de-sac. Please do not park in front of any other homes on street.

Price Information

Listing Price Info

Price Summary:

  • List Price: $7,350,000
  • Price Per SqFt: $2,033/SqFt

HOA Fees:

  • Amount: $1500
  • Frequency: Annually

Tax Information:

  • Annual Amount: $18,141
  • 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

5727 Riegels Point Rd vs Sarasota

140 DAYS ON ROCKET

+64 Days

$7,350,000

+$6.8M More

$2,033/SqFt

+$1.7K More

KEY TAKEAWAY

This property is $6.8M more than the Median Sold Price and $1.7K/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: #A4618421

Listing Office:

  • Office Name: PREMIER SOTHEBYS INTL REALTY
  • Office Phone: (941) 364-4000
  • Listing Agent: Peg Davant

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, 10:19:58 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

May 31, 2018Home Sold
$1,500,000
Jan 05, 2005Home Sold
$1,800,000
Oct 30, 2003Home Sold
$1,222,500

Tax History

YEARPROP. TAXASSESSMENT
2020$18,141$1,440,800
2019$15,821$1,226,400
2018$9,769$782,279
2017$9,732$766,189

History based on county public records data.

Payment Calculator

$36.8K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$22.1K

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-4495051
8
/10
  • Phillippi Shores Elementary School

  • 4747 S Tamiami Trl

  • 1.51 miles

  • Public Magnet Grades PK-5

school-card-donut-4495052
6
/10
  • Gulf Gate Elementary School

  • 6500 S Lockwood Ridge Rd

  • 2.15 miles

  • Public District Grades PK-5

school-card-donut-4495053
10
/10
  • Southside Elementary School

  • 1901 Webber St

  • 2.89 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $64,358. Most Sarasota, FL residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5727 Riegels Point Rd

What is the listing price of this property?

The listing price of 5727 Riegels Point Rd property is $7,350,000.

What type of property is this?

The property 5727 Riegels Point Rd is a house located in Sarasota, Florida, 34242.

Is this property for sale now?

Active Listing: 5727 Riegels Point Rd 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 $18,141 (source: MLS/based on county public records data).

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

The last sale was on May 31, 2018 for $1,500,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5727 Riegels Point Rd has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 5727 Riegels Point Rd is 3,616 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5727 Riegels Point Rd is 1982.
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Rocket Homes›Florida›Sarasota County›Sarasota›34242›5727 Riegels Point Rd

This home is located at 5727 Riegels Point Rd in Sarasota, FL and zip code 34242 in the Siesta Key neighborhood. This 3,616 square foot home, which was built in 1982, sits on a 0.23 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since July 31, 2024 and is currently priced at $7,350,000.

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 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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