Property Description

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 during Helene. Owners had drywall taken out right away and A/C has been running. Being sold “As Is”. Nothing warranted by sellers. Fabulous location only 2 blocks from Siesta Key public beach. Pool is salt water with no cage. Large dock with 20,000 lift ( also as is) overlooking Grand Canal. One bridge to bay. Rebuild or tear down and build new home. Terrific opportunity to own a piece of Siesta Key paradise. Close to the Village. Tremendous value. Previous owner replaced roof in 2015 among other improvements.

Features
: In Ground, Salt Water
: Central, Electric, Zoned
: Central Air
: Ranch
: Other
: Other, Travertine
: Open Floorplan, Primary Bedroom Main Floor, Stone Counters
: Inside
1
: Public Sewer
: Electricity Connected, Sewer Connected, Water Connected
: Canal - Saltwater
Appliances
: None
Address Map
US
FL
Sarasota
Sarasota
SIESTA ISLES
34242
CAPE LEYTE
5537
DRIVE
W83° 26' 48.7''
N27° 16' 12.5''
Southwest
US 41 south to west on Stickney Point Rd, over bridge to Siesta Key take a Right onto Midnight Pass Rd. Turn Right into Siesta Isles. Left onto Cape Leyte to address 5537 on the Right.
34242 - Sarasota/Crescent Beach/Siesta Key
RSF2
Neighborhood
Phillippi Shores Elementary
Sarasota High
Brookside Middle
Additional Information
127x140x93x140
: Public
THE GRAND CANAL
1650000
2024-11-22
: Paved, In County, Near Public Transit, Flood Insurance Required, FloodZone, Unincorporated
: One
2
: Slab
: Block, Stucco
2583
1
Financial
150
Annually
1
19702.6
Listing Information
Lisa Sebastian
281531654
281502004
MICHAEL SAUNDERS & COMPANY
281501479
281502004
Cash
Sold
2025-01-22T20:00:07Z
Stellar
: None
2025-01-22T19:56:01Z

Residential For Sale

5537 Cape Leyte Dr, Sarasota, Florida 34242

3 Bedrooms
2 Bathrooms
2,095
$1,595,000
Listing ID #A4630208
Basic Details
Property Type : Residential
Listing Type : For Sale
Listing ID : A4630208
Price : $1,595,000
View : Water
Bedrooms : 3
Bathrooms : 2
Square Footage : 2,095
Year Built : 1963
Lot Area : 0.35 Acre
Office Name : MICHAEL SAUNDERS & COMPANY
Agent Name : Debra Pitell-Hauge
Full Bathrooms : 2
Property Sub Type : Single Family Residence
Roof : Shingle
Waterfront Yn : 1
Listing Status : Closed
Agent info
Contact Agent