Price Reduced 3.33%

$1,595,000

Pending

Est. Mortgage $8,170/mo *

Quick Pre-Approval

Price History

$1,650,000
11/25/2024

$1,595,000
12/11/2024


5537 Cape Leyte DRIVE, Siesta Key, FL, 34242

5537 Cape Leyte DRIVE, Siesta Key, FL, 34242

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.


Status:

Pending

Type:

Lot / Acreage

Subdivision:

SIESTA ISLES

Common Charge:

$150 Annually

Lot Size:

127 x 140 x 93 x 140

Acreage:

0.35

Est. Taxes:

$19,703

HOA Fee

$150

Current Use

Residential

Utilities

Cable Available, Sewer Available, Water Available

Lot Description:

Buildable, Flood Plain, In County, Level, Near Public Transit, Unincorporated

View Description:

Water

Elementary School:

Phillippi Shores Elementary

Middle School:

Brookside Middle

High School:

Sarasota High

Days on Market:

28

Pet Policy:

Yes

MLS #:

A4630478


Community Info

School Info

Walk Score

Yelp



Listing courtesy of MICHAEL SAUNDERS & COMPANY Phone: 941-383-7591