Property Description

Under contract-accepting backup offers. Once in a generation, an opportunity to acquire a remarkable waterfront location on Siesta Key may come your way.
While waterfront properties come and go, few offer the additional amenities of this coveted street, Cape Leyte Drive, situated two blocks from the remarkably world-famous destination, “Crescent Beach” with its crystal sands and turquoise water. It’s not just a beach; it’s a national treasure with visitors from all over the globe. Living on Siesta Key with THE beach just outside the front door, and a backyard pool plus dock on the canal, within comfortable proximity to the charming artsy Village scene of this enchanting island is worth serious consideration. Home was flooded in Hurricane Helene. Being sold for land value. Sought after location on Siesta Key. Only 2 blocks to the white sands of Siesta Beach. Options to tear down the existing home and build a new one or listers have contractor’s detailed estimate to rebuild/renovate existing home. Deep boating water, easy access to Bay with one bridge. Saltwater pool. Minutes to Siesta Village. The possibilities are endless.

Features
: Public Sewer, Private Sewer
: Cable Available, Sewer Available, Water Available
: Canal - Saltwater
Address Map
US
FL
Sarasota
Sarasota
SIESTA ISLES
34242
CAPE LEYTE
5537
DRIVE
W83° 26' 48.7''
N27° 16' 12.5''
Southwest
US41 south to West on Stickney Point Rd. over bridge to Siesta Key. Take a right on Midnight Pass Rd. Turn right into Siesta Isles, left onto Cape Leyte to address 5537 on right.
34242 - Sarasota/Crescent Beach/Siesta Key
RSF2
Neighborhood
Phillippi Shores Elementary
Sarasota High
Brookside Middle
Additional Information
127x140x93x140
: Public, Private
GRAND CANAL
1650000
2024-11-25
: Level, In County, Buildable, Near Public Transit, Flood Plain/Bottom Land, Unincorporated
: Residential
Financial
150
Annually
: Other
1
19703
Listing Information
Lisa Sebastian
281531654
281502004
MICHAEL SAUNDERS & COMPANY
281501479
281502004
Cash
Pending
2024-12-26T16:32:07Z
Stellar
: None
2024-12-26T16:31:22Z

Land For Sale

5537 Cape Leyte Dr, Sarasota, Florida 34242

0.35 Acre
$1,595,000
Listing ID #A4630478
Basic Details
Property Type : Land
Listing Type : For Sale
Listing ID : A4630478
Price : $1,595,000
View : Water
Lot Area : 0.35 Acre
Office Name : MICHAEL SAUNDERS & COMPANY
Agent Name : Debra Pitell-Hauge
Waterfront Yn : 1
Listing Status : Pending
Agent info
Contact Agent