by RH Advisors

See Home Value
$1,340,000
House - Off Market

5322 Cape Leyte DRIVE

SARASOTA, FL 34242
bedrooms
3 Beds
bathrooms
3 Baths
square feet
1995 Sqft
$7,901
Estimated Monthly
$13
HOA / Fees
2.52%
Cap Rate

About This Property

Nestled in the heart of picturesque Siesta Key, this stunning turnkey 3-bedroom, 3-bathroom single-family home offers the perfect blend of luxury, comfort, and convenience. As you step inside, you're greeted by an expansive open concept living area, complete with vaulted ceilings that enhance the sense of space and elegance. Natural light floods through large windows, creating a warm and welcoming atmosphere that is perfect for both relaxation and entertaining.  The home boasts a spacious primary suite, designed for ultimate comfort and privacy, featuring an en-suite bathroom that promises a tranquil retreat from the hustle and bustle of daily life. A second bedroom also includes an en-suite, offering guests or family members their own private space.  The kitchen opens seamlessly to the living and dining areas, ensuring that whether you're cooking up a storm or hosting a gathering, you're always part of the action.  With ample storage, and sleek countertops make this kitchen a chef's dream.  Step outside to the backyard oasis, where a sparkling pool awaits, complete with a mesmerizing water feature that adds a touch of serenity. The pool area is the perfect spot for soaking up the Florida sun, hosting barbecues, or simply enjoying a quiet evening under the stars.  For those who require a bit more space, the oversized two-car garage offers ample room for vehicles and storage, ensuring that your space remains clutter-free. Situated just a 1/4 of a mile from the world-renowned Siesta Key Beach, this home places you minutes away from pristine white sand beaches and crystal-clear waters. The Village of Siesta Key, with its charming shops, restaurants, and entertainment options, is only 3/4 of a mile away, making it easy to enjoy the best of what Siesta Key has to offer.  This property is not only a luxurious residence but also a proven investment, boasting a great rental history. Whether you're looking for a permanent home, a vacation getaway, or a lucrative rental property, this home on Siesta Key offers it all.
Unit Size
1,995Ft²
Days on Market
79 days
Land Size
0.31 acres
Price per sqft
$697
Property Type
House
Property Taxes
$1,063
HOA Dues
$13
Year Built
1964
Last updated: 26 days ago (Stellar MLS #A4601948)

Price History

Date / Event Date Event Price
May 30, 2024 Sold $1,340,000
Sold
May 1, 2024 In contract -
In contract
Apr 18, 2024 Price Decreased $1,390,000
↓ $85K (5.8%)
Price Decreased
Mar 28, 2024 Price Decreased $1,475,000
↓ $75K (4.8%)
Price Decreased
Mar 12, 2024 Listed by COLDWELL BANKER SARASOTA CENT. $1,550,000
Listed by COLDWELL BANKER SARASOTA CENT.

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 2009
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C+
  • Construction Type: Masonry
  • Exterior Walls Type: Stucco
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 600
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 13,302
  • Lot Size Depth Feet: 1,240
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,595
  • Gross Building Area: 2,595
  • Building Area: 1,995
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,995
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: SIESTA ISLES UNIT 2
  • Land Acres: 0.305
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 23 SIESTA ISLES UNIT 2

Ownership

  • Current Owner : PITIGER ROBERT E
  • Current Owner 2: PITIGER SUSAN OBRIEN
  • Previous Owner : VENABLE LAWRENCE W
  • Previous Owner 2: WEST JOLYN C
  • Owner Before Previous Owner: SISTI MICHAEL A
  • Owner Before Previous Owner 2: SISTI SARA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Sarasota County School District
  • School Tax School District: L018 A055 F052
  • Census Tract: 001904

Zoning

  • Zoning: RSF2

Geography

  • Assessors Map Reference: 28A
  • Account Number: 0082070032
  • Subdivision Tract Number: 1474
  • Parcel: 0082-07-0032
  • Lot: 23
  • Meridian: SEC 12 TWN 37S RNG 17E
  • Municipality: SARASOTA COUNTY
  • Latitude: 27.2729
  • Longitude: -82.5544

    Address

  • Full Address: 5322 Cape Leyte Dr
  • Legal Unit: 2
  • Address - House Number: 5322
  • Address - Street Name: Cape Leyte
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Sarasota
  • Carrier Code: C061
  • 4-Digit Zip Code: 1808
  • Zip Code: 34242

Valuation

    Tax

  • Total Area: 2,595
  • Tax Year: 2023
  • Tax Amount: $12,758
  • Tax Rate Code Area: 1800

    Appraisal Valuation

  • Standard Deviation: 0.193
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 74
  • Final Value: 1,694,190
  • High Value: 2,021,313
  • Low Value: 1,367,067

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $285,000
  • First Open Lien Mortgage Lender: SUNBELT LENDING SERVICES INC
  • First Open Lien Mortgage Recording Date: Sep 21, 2011
  • First Open Lien Mortgage Loan Amount: $285,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2041

    Market Valuation

  • Market Total Value: $1,277,100
  • Market Land Value: $803,000
  • Market Improvement Value: $474,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,277,100
  • Assessed Land Value: $803,000
  • Assessed Improvements Value: $474,100

    Sales

  • Current Sale Contract Date: May 27, 2010
  • Current Sale Recording Date: Jun 04, 2010
  • Current Sale Transaction ID: 1065097941
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2010068984
  • Previous Sale Recording Date: Jun 04, 2010
  • Previous Sale Contract Date: May 27, 2010
  • Previous Sale Document Type: Warranty Deed



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
3 Baths
2,018 ft²
$681/ft²
$1,375,000 Sep 22, 2021
$1,375,000 Oct 22, 2021
$800/mo
House
3 Beds
3 Baths
2,057 ft²
$656/ft²
$1,349,000 Nov 30, -0001
$1,238,000 May 31, 2016
$564/mo
House
3 Beds
2 Baths
2,027 ft²
$555/ft²
$1,125,000 Oct 28, 2023
$1,125,000 Mar 8, 2024
$954/mo
House
3 Beds
2 Baths
2,259 ft²
$520/ft²
$1,175,000 May 19, 2023
$1,175,000 Sep 7, 2023
$380/mo
House
3 Beds
3 Baths
1,605 ft²
$826/ft²
$1,325,000 Feb 15, 2024
$1,325,000 Apr 16, 2024
$1,150/mo
House
3 Beds
3 Baths
2,300 ft²
$565/ft²
$1,300,000 Feb 5, 2024
$1,300,000 Apr 11, 2024
$305/mo
House
3 Beds
3 Baths
2,484 ft²
$602/ft²
$1,495,000 Feb 29, 2024
-
$1,731/mo
House
3 Beds
2 Baths
1,916 ft²
$725/ft²
$1,390,000 Nov 13, 2023
-
$1,000/mo
House
3 Beds
2 Baths
2,295 ft²
$649/ft²
$1,490,000 Mar 1, 2024
-
$2,447/mo
House
3 Beds
2 Baths
1,520 ft²
$1,086/ft²
$1,650,000 Jun 16, 2023
-
$473/mo
House
3 Beds
3 Baths
1,963 ft²
$762/ft²
$1,495,000 Mar 8, 2024
-
$502/mo
House
3 Beds
3 Baths
2,041 ft²
$734/ft²
$1,498,000 Nov 14, 2023
-
$1,201/mo

About Siesta Isles


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Frequently Asked Questions

When was property at 5322 Cape Leyte Drive built and last sold?
The property at 5322 Cape Leyte Drive was built in 1964 and last sold on May 27, 2010 for $0.
How much is this home worth?
The estimated value of the home located at 5322 Cape Leyte Drive is $1,426,046.
What are some comparable homes to 5322 Cape Leyte Drive?
Homes that are comparable to 5322 Cape Leyte Drive include a house property at 730 Edgemere Lane, 710 Treasure Boat Way, 312 Beach Road.

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