5537 Cape Leyte Drive

Sarasota, FL 34242

$1,595,000
Price
15,093 / 0.35
Lot Size / Acres

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...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.
  1. Listed by Debra Pitell-Hauge • MICHAEL SAUNDERS & COMPANY
    P: (941)-356-0437 Debrapitell-hauge@michaelsaunders.com
  2. Listed by Lisa Sebastian • MICHAEL SAUNDERS & COMPANY
    P: (941)-544-5413 C: (941)-544-5413 LisaSebastian@michaelsaunders.com

Property Details for 5537 Cape Leyte Drive

Subdivision Name
SIESTA ISLES
Township
37
View
Water
Waterfront
Yes
Water View
Canal
LISTING UPDATED: 12/16/2024 12:41 PM

Property Details for 5537 Cape Leyte Drive

StatusActive
MLS #A4630478
Days on Market25
Taxes$19,703 / year
HOA Fees$150 / year
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand
Year Built-
Lot Size0.35 AC
CountySarasota County

Building Information for 5537 Cape Leyte Drive

Lot Size0.35 AC

Property Information for 5537 Cape Leyte Drive

Summary
Location and General Information
  • Building Area Units: Square Feet
  • Community Features: Canal Front
  • Direction Faces: Southwest
  • Directions: 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.
  • Elementary School: Phillippi Shores Elementary
  • Middle Or Junior School: Brookside Middle
  • High School: Sarasota High
  • Mls Major Change Type: Price Decrease
  • Listing Service: Full Service
  • Road Frontage Type: County Road
  • SW Subdiv Community Name: Siesta Isles
  • Street Number: 5537
  • Street Name: Cape Leyte
  • Street Suffix: DRIVE
  • State: FL
  • City: SARASOTA
Taxes and HOA Information
  • Association Fee Includes: Other
  • Association Fee Requirement: Required
  • Association Name: info@siestaislesassociation.com
  • Association: Yes
  • CDD: No
  • Pet Restrictions: Check HOA Documents for rules on pets
  • Tax Book Number: 11-25
  • Tax Legal Description: LOT 76 SIESTA ISLES UNIT 3
  • Tax Lot: 76
  • Tax Year: 2024
Property
Lot Information
  • Additional Parcels: No
  • Current Adjacent Use: Residential
  • Current Use: Residential
  • Lot Features: Buildable, Flood Plain, In County, Level, Near Public Transit, Unincorporated
  • Lot Size Dimensions: 127 x 140 x 93 x 140
  • Parcel Number: 0082150028
  • Total Acreage: 1/4 to less than 1/2
  • Water Access: Bay/Harbor, Canal - Saltwater, Intracoastal Waterway
  • Water Access: Yes
  • Water Body Name: Grand Canal
  • Water Extras: Lift, No Wake Zone, Seawall - Concrete
  • Water Extras: Yes
  • Water: Lift, No Wake Zone, Seawall - Concrete
  • Zoning: RSF2
  • Lot Dimensions: 127 x 140 x 93 x 140
Property and Assessments
  • Flood Zone Code: AE
  • Flood Zone Date: 03-27-2024
  • Flood Zone Panel: 12115C0143G
  • Public Survey Range: 17
  • Public Survey Section: 12
  • Dock YN: Yes
  • Dock Description: Dock - Composite, Lift
  • Dock Lift Capacity: 20000
  • Dock Dimensions: 4x30
Utilities
  • Sewer: Private Sewer, Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Private, Public
Interior and Exterior Features
Exterior Features
  • Pool: None
  • Pool Private: No
  • Waterfront Features: Canal Front, Canal - Saltwater
  • Waterfront Feet Total: 93
Interior Features
  • Living Area Units: Square Feet
  • Water View: Yes
Rental
Rental Information
  • Pets Allowed: Yes

Property History for 5537 Cape Leyte Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5537 Cape Leyte Drive

Taxable ValueLand$1,112,700Additions$448,000Total$1,560,700
Tax Record2023$18,562 ($1,547 / month)
Home Facts
Beds3Baths2Total Finished SqFt2,095 SqFtAbove Grade Finished SqFt2,095 SqFtStories1Lot Size15,093 SqFtStyleSingle Family ResidenceYear Built1963Year Renovated2008ZoningRSF2; SKODCountySARASOTAAPN0082-15-0028

Schools near 5537 Cape Leyte Drive

This home is within Sarasota.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Phillippi Shores Elementary School
PublicPK to 5

Brookside Middle School
Public6 to 8

Sarasota High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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5537 Cape Leyte Drive is a 0.35 ac of land for sale in Sarasota, FL 34242. This property was listed for sale on November 25, 2024 by MICHAEL SAUNDERS & COMPANY, it's currently listed at $1,595,000. It has been on the market for a total of 25 days and was last sold on March 2, 2021. This listing's school district is Sarasota. Nearby schools include Phillippi Shores Elementary School, Brookside Middle School and Sarasota High School. 5537 Cape Leyte Drive is a 0-bed, 0-bath, 0.35 ac of land on a 15,093 sq. ft. / 0.35 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of MICHAEL SAUNDERS & COMPANY, Debra Pitell-Hauge; MICHAEL SAUNDERS & COMPANY, Lisa Sebastian

The information is being provided in part by Southwest Florida Multiple Listing Service, Broker Reciprocity Program ("BR Program") of M.L.S. of Naples, Inc. ("Naples MLS"), under License No. NCOMPN2, and MarcoMls. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2024 Southwest Florida Multiple Listing Service and MarcoMls. All Rights Reserved. The data relating to real estate for sale displayed on this website comes in part from the Broker Reciprocity Program ("BR Program") of M.L.S. of Naples, Inc. ("Naples MLS"), under License No. NCOMPN2 and MarcoMls. Properties listed with brokerage firms other than Compass are marked with the "BR House" logo. Detailed information about such properties includes the name of the brokerage firm with which the seller has listed the property. The properties displayed may not be all the properties listed with brokerage firms participating in the Naples MLS BR Program, or contained in the database compilation of Naples MLS.