by Global Lifestyle Properties

See Home Value
$1,010,000
● House - Off Market

5432 CAPE LEYTE DRIVE

SARASOTA, FL 34242
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,659 Ft²
$6,457
Est. Monthly
$21
HOA / Fees
2.72%
Cap Rate

About This Property

Newly adjusted price - an exceptional opportunity to own a charming beach retreat on Siesta Key minutes from world-famous Siesta Beach-consistently ranked among the best beaches in the U.S. With powdery white sands, crystal-clear turquoise waters, and unforgettable Gulf sunsets close by, this home captures the essence of relaxed island living.

Located in the desirable, deed-restricted community of Siesta Isles, this three-bedroom, two-bath residence is set on a lushly landscaped, nearly 15,000-square-foot lot adorned with more than 40 mature palm trees, bromeliads, and a rare, show-stopping staghorn fern. The expansive property offers exceptional outdoor privacy, ample room for entertaining or recreation, and space to add a pool.

Inside, the open-concept floor plan features generously sized rooms filled with natural light. A wraparound wall of windows in the living and breakfast areas frames serene views of the tropical backyard, creating a seamless indoor-outdoor connection. The renovated kitchen is thoughtfully designed with white quartz countertops, glass tile backsplash, and newer appliances, while a separate dining room provides comfortable space for gatherings.

The primary suite includes an en-suite bath and a tranquil retreat feel. Two additional bedrooms offer flexibility, including a third bedroom with contemporary barn doors-ideal for a home office, den, or guest space. With a base flood elevation of 8'8" the home remained high and dry with no water intrusion during the storms; the elevation certificate and inspection certification are available.

Additional highlights include a private, low-maintenance, six-foot fenced backyard, an oversized circular paver driveway with generous parking, and a two-car garage for storage and convenience. The home may be purchased turnkey furnished (with a few exclusions), making it well-suited as a beach getaway, seasonal residence, or income-producing property.

Recent improvements totaling over $100,000 add peace of mind and value, including a metal roof (2022), HVAC system (2023), paver driveway (2022), six-foot PVC fencing (2020), and re-piped sewer and water lines.

Just one mile from Siesta Village's boutiques, dining, and live music-and a short drive to downtown Sarasota's cultural attractions, farmers markets, and waterfront destinations-this property also offers long-term potential as a future residential building site due to its prime island location.

With a voluntary HOA of only $200 annually and a newly improved price, this is a compelling opportunity to secure your place on Siesta Key. Schedule your private showing today and experience the island lifestyle you've been waiting for.
Unit Size
1,659 Ft²
Days on Market
363 days
Land Size
0.34 acres
Price per sqft
$678
Property Type
House
Property Taxes
$912
HOA Dues
$21
Year Built
1974

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Last updated: 7 months ago (Stellar MLS #A4649500)

Price History

Date / Event Date Event Price
Apr 21, 2026 Sold
Sold
Mar 27, 2026 In contract -
In contract
Mar 23, 2026 Price Decreased $1,125,000
↓ $25K (2.2%)
Price Decreased
Feb 10, 2026 Price Decreased $1,150,000
↓ $49K (4.1%)
Price Decreased
Oct 1, 2025 Price Decreased $1,199,000
↓ $96K (7.4%)
Price Decreased
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Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 2004
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 17
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 420
  • Parking Space Count: 2
  • Patio Type: 5
  • Porch Type: 102
  • Pool Type: 0
  • Location Influence Type: 113

    Dimensions

  • Lot Size Square Feet: 14,613
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,079
  • Gross Building Area: 2,079
  • Building Area: 1,659
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,659
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SIESTA ISLES UNIT 2
  • Land Acres: 0000000336
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 001
  • Legal Description 1: LOT 27 SIESTA ISLES UNIT 2

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: 0082100002
  • Subdivision Tract Number: 1474
  • Parcel: 0082-10-0002
  • Lot: 27
  • Meridian: SEC 12 TWN 37S RNG 17E
  • Municipality: SARASOTA COUNTY
  • Latitude: 27.2717
  • Longitude: -82.5544

    Address

  • Full Address: 5432 Cape Leyte Dr
  • Legal Unit: 2
  • Address - House Number: 5432
  • Address - Street Name: Cape Leyte
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Sarasota
  • Carrier Code: C061
  • 4-Digit Zip Code: 1810
  • Zip Code: 34242

Valuation

    Tax

  • Total Area: 2,174
  • Tax Year: 2023
  • Tax Amount: $1,363,939
  • Tax Rate Code Area: 1800

    Appraisal Valuation

  • Standard Deviation: 0.1931
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 74
  • Final Value: 1,488,285
  • High Value: 1,775,679
  • Low Value: 1,200,891

    Market Valuation

  • Market Total Value: $1,132,400
  • Market Land Value: $865,600
  • Market Improvement Value: $266,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,132,400
  • Assessed Land Value: $865,600
  • Assessed Improvements Value: $266,800

    Sales

  • Current Sale Contract Date: Apr 16, 2015
  • Current Sale Recording Date: Apr 17, 2015
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2015046065
  • Previous Sale Recording Date: May 31, 2005
  • Previous Sale Contract Date: May 26, 2005
  • Previous Sale Amount: $630,000
  • Previous Sale Document Type: 71
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 5432 Cape Leyte Drive built and last sold?
The property at 5432 Cape Leyte Drive was built in 1974 and last sold on Apr 16, 2015 for $595,000.
How much is this home worth?
The estimated value of the home located at 5432 Cape Leyte Drive is $0.
What are some comparable homes to 5432 Cape Leyte Drive?
There are currently no comparable homes to 5432 Cape Leyte Drive.