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$1,100,000

  • For Sale
  • Active
  • Single Family
  • 4 Beds
  • 2 Full Baths
  • 2,243 Sq. Ft.

Next open house:

Open House: 1:00 PM - 4:00 PM

Sunday 3/1 1:00 PM - 4:00 PM

5116 Admiral Place,Sarasota, FL 34231

5116 Admiral PlaceSarasotaFL34231

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This luxury waterfront estate on Phillippi Creek is ideal for boaters, offering direct intercostal access, four bedrooms, and the largest square footage under $1.5M among current listings. Located on a peninsula, just minutes from Sarasota Bay and Siesta Key, the home features stunning water views, a peaceful cove, and beautiful sunsets. Recent renovations include a new roof, HVAC, electric, plumbing, hurricane-impact windows, and energy-efficient spray foam insulation. The bathrooms and chef's kitchen have been meticulously updated with high-end fixtures including Kohler rain showerheads, handheld wands and body jets, Viking appliances and KitchenAid double wall ovens and wine fridge. The living room has extensive water views, a gas log fireplace and soaring cedar-beamed ceilings creating a dramatic yet warm architectural statement, while honed marble floors extend throughout. Two bedrooms have private entrances-perfect for guests or home office. The primary suite provides serene water views without leaving the comfort of your bed. Enjoy seamless indoor-outdoor living with multiple entrances to the screened lanai and deck. Outdoor enthusiasts will appreciate the private dock, with water and electric, providing quick access for boating, kayaking, and paddleboarding to the Bay and Siesta Key beach. Ideal for fishing and daily wildlife sightings, including manatees and abundant birdlife. Centrally located, minutes to downtown (3.7 miles), Siesta Key Beach (2.1 miles) and SRQ Airport (7.7 miles), this rare offering presents an outstanding luxury waterfront residence or high-end rental investment for boaters, beach goers, and nature lovers alike. Only 15 properties are available on this peninsula, making homes in this secure, HOA-free, close-knit community rare when listed. A truly unique Sarasota waterfront opportunity.

Full Property Details for 5116 Admiral Pl

General

  • Price: $1,100,000
  • Taxes: $6,123 (2025)
  • Status: Active
  • Type: Single Family
  • Source: MidFloridaRegionalMLS
  • MLS ID: A4678935
  • Updated: 2/10/2026
  • Added to Site: 33 day(s) ago

Rental Information

  • Min. Lease: No Minimum

Interior

  • Number of Rooms: 7
  • Interior Features: Built-in Features, Cathedral Ceiling(s), High Ceilings, Kitchen and Family Room Combination, Primary Bedroom Main Floor, Solid Wood Cabinets, Stone Counters, Thermostat, Vaulted Ceiling(s), Walk-In Closet(s)
  • Fireplace: Yes
  • Fireplace(s): Gas
  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer, Wine Refrigerator
  • Furnishings: Unfurnished
  • Flooring: Marble, Travertine

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 4

Other Rooms

  • Laundry: Inside, Laundry Room

Additional Information

  • Security/Safety: Smoke Detector(s)

Exterior

  • Exterior Features: French Doors, Private Mailbox, Private Yard, Rain Gutters
  • Deck/Patio: Deck, Front Porch, Rear Porch, Screened
  • Porch/Patio/Deck: Deck, Front Porch, Rear Porch, Screened

Location

  • Area: 34231 - Sarasota/Gulf Gate Branch
  • County: Sarasota
  • Development Name: 34231 - Sarasota/Gulf Gate Branch
  • Subdivision: PHILLIPPI SHORES
  • Driving Directions: From I75 take exit 210 heading west on Bee Ridge road then turn left onto Swift Road then turn right onto Proctor Road then turn left onto Riverwood Ave then turn right onto Admiral Way. The home will be on the right.
  • Direction Faces: East

Community

  • Community Name: 34231 - Sarasota/Gulf Gate Branch
  • Community Features: Canal Front, Fishing
  • Pet Restrictions: Buyer and Buyers agent to verify with association.

Heating & Cooling

  • Cooling Type: Central Air
  • Heating Type: Central

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: BB/HS Internet Available, Cable Connected, Electricity Connected, Natural Gas Connected, Public, Sewer Connected, Street Lights, Underground Utilities, Water Connected

Structural Information

  • Architectural Info: Elevated, Florida
  • Architectural Style: Elevated, Florida
  • Exterior Const.: Wood Frame
  • Roof: Shingle
  • Windows: Window Treatments
  • Stories/Levels: One
  • Square Feet: 2,243
  • Sq. Ft. Source: Public Records
  • Year Built: 1980

Lot Features

  • Property View: Water
  • Lot Size (Acres): 0.17
  • Lot Size (Sq. Ft.): 7,612
  • Lot Size: 7612
  • Frontage: Street Dead-End, Street Paved
  • Street/Road Desc.: Paved, Asphalt
  • Fencing (Description): Fenced

Water Features

  • Water Front: Yes
  • Water View: Yes
  • Water Access: Yes
  • Water Access Desc: Canal - Saltwater
  • Water Front Desc.: Canal Front, Saltwater Canal

Financial Considerations

  • Tax Amount: $6,123.68
  • Tax Year: 2025

Disclosures and Reports

  • Ownership: Fee Simple
  • Special Conditions: None
  • Legal Description: LOT 2 PHILLIPPI SHORES
  • Flood Zone Info: AE
  • APN: 85110003
  • Property ID: 85110003

Listed by Kw Coastal Living Iii

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Listing agent

— 5116 Admiral Pl —

  • Kw Coastal Living Iii

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 5116 Admiral Pl

School District:Sarasota County School District
NameGradesDistance
Riverview High School, Sarasota, FL
1 Ram Way, Sarasota, FL 34231
9-120.3 mi
Phillippi Shores Elementary School
4747 South Tamiami Trail, Sarasota, FL 34231
PK-50.5 mi
Brookside Middle School
3636 South Shade Avenue, Sarasota, FL 34239
6-81.5 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 5116 Admiral Pl Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/23/2026
Listed
$1,100,000
111.54%
MLS
10/04/2016
Sold
$520,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 5116 Admiral Pl

Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,250
-11%
$498,366
3%
2024
$5,925
3%
$484,321
3%
2023
$5,726
5%
$470,215
10%
2021
$5,454
-3%
$429,242
-6%
2022
$5,617
3%
$456,519
8%
2021
$5,454
-9%
$423,316
-2%
2019
$5,962
-7%
$430,300
-7%
2018
$6,395
8%
$464,200
10%
2017
$5,938
117%
$422,000
107%
2016
$2,733
-2%
$204,021
1%
2015
$2,776
—
$202,603
1%
2014
$2,764
—
$200,995
1%
2013
$2,760
—
$198,025
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Kw Coastal Living Iii

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5116 Admiral Place, Sarasota, FL 34231 (MLS# A4678935) is a Single Family property with 4 bedrooms and 2 full bathrooms. 5116 Admiral Place is currently listed for $1,100,000 and was received on January 23, 2026. Want to learn more about 5116 Admiral Place? Do you have questions about finding other Single Family real estate for sale in Sarasota? You can browse all Sarasota real estate or contact a Coldwell Banker agent to request more information.

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