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$1,010,000
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Property Description
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.
Full Property Details
Full Property Details for 5432 Cape Leyte Dr
General
- Sold For: $1,010,000
- HOA FEE: $21/month
- HOA FEE FREQ.: Annually
- Taxes: $10,946 (2025)
- Status: Closed
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: A4649500
- Added to Site: 364 day(s) ago
Rental Information
- Min. Lease: 1 Month
Interior
- Number of Rooms: 8
- Interior Features: Built-in Features, Ceiling Fan(s), Split Bedroom, Stone Counters, Thermostat, Walk-In Closet(s)
- Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
- Furnishings: Unfurnished
- Flooring: Terrazzo, Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: In Garage
Additional Information
- Security/Safety: Smoke Detector(s)
Exterior
- Exterior Features: Sliding Doors
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Parking Features: Circular Driveway, Driveway, Garage Door Opener, Oversized
Location
- Area: 34242 - Sarasota/Crescent Beach/Siesta Key
- County: Sarasota
- Development Name: 34242 - Sarasota/Crescent Beach/Siesta Key
- Subdivision: SIESTA ISLES UNIT 2
- Driving Directions: Beach Road to Beach Way, left on Cape Leyte, follow around to #5432 just past Canal Road on the left.
- Direction Faces: East
School Information
- Elementary School: Phillippi Shores Elementary
- Middle School: Brookside Middle
- High School: Sarasota High
Community
- Community Name: 34242 - Sarasota/Crescent Beach/Siesta Key
- Community Features: Deed Restrictions
- Association: Yes
- Assoc. Name: Laurie Zollinger, president
- Pet Restrictions: See Sarasota County restrictions.
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: BB/HS Internet Available, Cable TV Available, Electricity Connected, Public, Sewer Connected, Water Connected
Structural Information
- Architectural Info: Florida, Ranch
- Architectural Style: Florida, Ranch
- Exterior Const.: Block, Stucco
- Roof: Metal
- Windows: Blinds
- Stories/Levels: One
- Square Feet: 1,659
- Sq. Ft. Source: Public Records
- Living Area: 1,659 Sq. Ft.
- Year Built: 1974
Lot Features
- Property View: Garden, Trees/Woods
- Lot Size (Acres): 0.34
- Lot Size (Sq. Ft.): 14,613
- Lot Size: 14613
- Lot Dimensions: 112 x 133 x 125 x 113
- Frontage: Street Paved
- Street/Road Desc.: Paved, Asphalt
- Fencing (Description): Fenced, Vinyl
Financial Considerations
- Association Fee: $250
- Assoc Fee Freq.: Annually
- Assoc Fee Desc.: Optional
- Tax Amount: $10,946.15
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: LOT 27 SIESTA ISLES UNIT 2
- Flood Zone Info: AE
- APN: 82100002
- Property ID: 82100002
Listed by Premier Sothebys Intl Realty
Sold by Premier Sotheby's International Realty
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Schools
Schools serving 5432 Cape Leyte Dr
School District:Sarasota County School District
| Name | Grades | Distance |
|---|---|---|
Phillippi Shores Elementary School 4747 South Tamiami Trail, Sarasota, FL 34231 | PK-5 | 1.9 mi |
Brookside Middle School 3636 South Shade Avenue, Sarasota, FL 34239 | 6-8 | 2.7 mi |
Sarasota High School 2155 Bahia Vista Street, Sarasota, FL 34239 | 9-12 | 4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5432 Cape Leyte Dr
Date
Details
Price
Change
Source
4/21/2026
Sold
$1,010,000
-10.22%
MLS
3/22/2026
Price Reduced
$1,125,000
-2.17%
MLS
2/06/2026
Price Reduced
$1,150,000
-4.09%
MLS
9/30/2025
Price Reduced
$1,199,000
-7.41%
MLS
4/23/2025
Listed
$1,295,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
5432 Cape Leyte Drive, Sarasota, FL 34242 (MLS# A4649500) is a Single Family property that was sold at $1,010,000 on April 21, 2026. Want to learn more about 5432 Cape Leyte Drive? 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.

