5223 SHADOW LAWN DRIVE
About This Property
Welcome to 5223 Shadow Lawn Dr, a 3-bedroom, 2-bath home in coveted Siesta Isles, just 1 mile from the sugar sands of Siesta Key Beach. Located on a quiet cul-de-sac with preserve views and mature palms, this 1,459 sq. ft. property blends lifestyle, privacy, and investment potential.
Inside, you'll find a bright open layout, modern laminate flooring, neutral finishes, and a renovated kitchen with granite countertops, stainless steel appliances, and crisp light cabinetry. The living area opens to a spacious screened lanai with a fully restored pool (completed October 2025)-now crystal clear and ready to enjoy.
The primary suite features an updated en-suite bath, while two additional bedrooms and a second bath provide flexibility for guests, family, or a home office.
With no HOA, 30-day rentals permitted, and a prime location near Siesta Village and Downtown Sarasota, this property delivers both lifestyle and upside.
Highlights:
- 3 Beds | 2 Baths | 1,459 Sq. Ft.
- Fully restored pool (Oct 2025)
- Renovated kitchen with granite & stainless
- Spacious screened lanai + private preserve backdrop
- Quiet cul-de-sac location
- No HOA | 30-day rentals allowed
- 1 mile to Siesta Key Beach
One of the best-priced homes in Siesta Isles.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 22, 2025 | Sold | ||
| Sold | |||
| Nov 4, 2025 | In contract | - | |
| In contract | |||
| Oct 25, 2025 | Price Decreased |
$829,000
↓ $46K
(5.3%) | |
| Price Decreased | |||
| Jun 26, 2025 | Price Decreased |
$875,000
↓ $120K
(12.1%) | |
| Price Decreased | |||
| May 26, 2025 | Listed by REAL BROKER, LLC | $995,000 | |
| Listed by REAL BROKER, LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017