by Global Lifestyle Properties

See Home Value
$1,400,000
● House - Off Market

5215 CAPE LEYTE DRIVE

SARASOTA, FL 34242
bedrooms
3 Beds
bathrooms
3 Baths
square feet
2,027 Ft²
$8,551
Est. Monthly
$250
HOA / Fees
1.85%
Cap Rate

About This Property

JUST REDUCED!!  SIESTA ISLES Waterfront Gem.  Experience the best of Siesta Key living in this well maintained 3-bedroom + den, 3-bath pool home with 135+ feet of frontage on the Grand Canal. Situated on an oversized 15,269 sq ft /.35-acre lot, this residence offers the perfect blend of privacy, upgrades, and waterfront lifestyle.  Situated well back from the street, the home opens with a welcoming foyer and expansive great room featuring vaulted ceilings, impact windows and impact sliding glass doors flooding the space with natural light while framing serene garden and waterway views.  Two bedrooms feature en-suite baths and direct access to the back yard, while the primary suite's bath connects conveniently to the pool area.  Enjoy the privacy of this tropical retreat, swim in the sparkling pool, rinse off in the outdoor shower, or launch kayaks and paddleboards from the floating dock. With space to add a full dock or lift, boaters will love the water access via one fixed bridge to the Intracoastal Waterway.  Practical updates bring peace of mind, including a durable metal roof and maintenance contracts for irrigation, AC, pest control, and alarm systems.  The home has county water and sewer and there's a shared irrigation well that sustains the mature landscaping. The home experienced NO WATER INTRUSTION during last year's storms and is truly move-in ready.  A winding walkway through lush landscaping leads to the waterfront patio, while an extended brick paver driveway offers ample guest parking.  Just minutes from Siesta Key's world-famous beaches and The Village's varied dining and shopping options, this home is ideal as a full-time residence or lucrative rental investment. Don't miss your chance to own a slice of paradise on the Grand Canal-schedule your private showing today!
Unit Size
2,027 Ft²
Days on Market
100 days
Land Size
0.35 acres
Price per sqft
$764
Property Type
House
Property Taxes
$695
HOA Dues
$250
Year Built
1962

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Last updated: 11 months ago (Stellar MLS #A4662406)

Price History

Date / Event Date Event Price
Dec 1, 2025 Sold
Sold
Oct 19, 2025 In contract -
In contract
Oct 15, 2025 Price Decreased $1,549,000
↓ $76K (4.7%)
Price Decreased
Aug 23, 2025 Listed by MANGROVE REALTY ASSOCIATES $1,625,000
Listed by MANGROVE REALTY ASSOCIATES
Feb 6, 2001 Sold
Sold
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Property Highlights

Garage
Air Conditioning
With View

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 2002
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 5
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 5
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 11
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 528
  • Parking Space Count: 2
  • Patio Type: 5
  • Porch Type: 102
  • Pool Type: 8
  • Location Influence Type: 27

    Dimensions

  • Lot Size Square Feet: 15,269
  • Total Building Area: 2,555
  • Gross Building Area: 2,555
  • Building Area: 2,027
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,027
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SIESTA ISLES UNIT 1
  • Land Acres: 0000000351
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 001
  • Legal Description 1: LOT 4 SIESTA ISLES UNIT 1

Neighborhood

  • School District Name: Sarasota County School District
  • School Tax School District: L018 W190 A055
  • Census Tract: 001904

Zoning

  • Zoning: RSF2

Geography

  • Assessors Map Reference: 28A
  • Account Number: 0082020015
  • Subdivision Tract Number: 1439
  • Parcel: 0082-02-0015
  • Lot: 4
  • Meridian: SEC 12 TWN 37S RNG 17E
  • Municipality: SARASOTA COUNTY
  • Latitude: 27.2755
  • Longitude: -82.5539

    Address

  • Full Address: 5215 Cape Leyte Dr
  • Legal Unit: 1
  • Address - House Number: 5215
  • Address - Street Name: Cape Leyte
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Sarasota
  • Carrier Code: C061
  • 4-Digit Zip Code: 1805
  • Zip Code: 34242

Valuation

    Tax

  • Total Area: 2,739
  • Tax Year: 2023
  • Tax Amount: $807,879
  • Tax Rate Code Area: 1892

    Appraisal Valuation

  • Standard Deviation: 0.1931
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 74
  • Final Value: 1,826,669
  • High Value: 2,179,406
  • Low Value: 1,473,931

    Market Valuation

  • Market Total Value: $1,496,100
  • Market Land Value: $1,082,900
  • Market Improvement Value: $413,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $680,097

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 05, 2001
  • Current Sale Recording Date: Feb 06, 2001
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2001016074
  • Previous Sale Recording Date: Jun 04, 1999
  • Previous Sale Contract Date: Jun 03, 1999
  • Previous Sale Amount: $310,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: VAR
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Siesta Isles


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Frequently Asked Questions

When was property at 5215 Cape Leyte Drive built and last sold?
The property at 5215 Cape Leyte Drive was built in 1962 and last sold on Feb 5, 2001 for $540,000.
How much is this home worth?
The estimated value of the home located at 5215 Cape Leyte Drive is $1,567,489.
What are some comparable homes to 5215 Cape Leyte Drive?
There are currently no comparable homes to 5215 Cape Leyte Drive.