$1,595,000
For Sale

5537 CAPE LEYTE DRIVE

Sarasota, FL 34242
Browse 56 photos
Type:Purchase
Structure:Land
Zone:Residential

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 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.

  • Property Details
      • Lot DescriptionBuildable, Flood Plain/Bottom Land, In County, Level, Near Public Transit, Unincorporated
      • Utility FeaturesCable Available, Sewer Available, Water Available
      • Sewer InformationPrivate Sewer, Public Sewer
      • Elementary SchoolPhillippi Shores Elementary
      • Middle SchoolBrookside Middle
      • Utility SourcePrivate, Public
      • High SchoolSarasota High
      • SubdivisionSIESTA ISLES
      • Original List Price$1,650,000
      • Property TypePurchase
      • CountySarasota
      • MLS #A4630478
      • MLS #A4630478
      • Taxes Annual$19,703
      • Cost1595000
      • ViewWater
      • Acres0.35
      • Property SubtypeLand
      • Hoa Fees150
      • Pets AllowedYes
      • Days on Market (Cumulative)26

Location

Lakeland Florida Real EstateLakeland Florida Real Estate
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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