$2,350,000
Active5331 Siesta Cove Dr, Sarasota, FL 34242
3 beds · 3.5 baths · 3,795 sq ft
Listing courtesy of LOKATION · MLS# A4628363
663 days on market
Refreshed from the Stellar MLS feed . This listing’s MLS record last changed .
About this home
What’s special
- European copper domes
- Corner lot
- 11' elevation
- High sweeping ceilings
- Polished ceramic tile flooring
- Elevated swimming pool
- Outdoor kitchen
- Sprawling deck
AI-selected highlights from the listing description below.
Virtually Staged. Welcome to 5331 Siesta Cove Drive, a distinctive Siesta Key residence offering exceptional space, privacy and architectural character on a generous 0.34-acre corner lot. Elevated approximately 11 feet, this impressive 3-bedroom, 3.5-bath home offers 3,795 square feet of living space, a 3-car garage and a private heated pool with outdoor kitchen. From the moment you arrive, the home's striking Mediterranean-inspired architecture makes a statement, highlighted by its distinctive European copper domes and substantial elevated construction. Inside, soaring ceilings, abundant natural light and expansive living areas create an impressive sense of scale and openness. The spacious kitchen features stone countertops, generous cabinetry and a large breakfast area, while the open living and dining spaces provide an ideal setting for both everyday living and entertaining. The primary suite is generously proportioned with an en-suite bath, while two additional bedrooms provide flexibility for family, or guests. Outside, enjoy your own private retreat with a heated pool, and outdoor kitchen. The oversized corner lot provides a level of space and privacy that is increasingly difficult to find on Siesta Key. Located in the desirable Siesta Cove community, this property offers the opportunity to enjoy the Siesta Key lifestyle while having the space, elevation, privacy and amenities of a substantial single-family residence. Just minutes from the world-renowned beaches, dining, shopping and everything that makes Siesta Key one of Sarasota's most sought-after destinations. For buyers seeking a Siesta Key home with substantial living space, a large lot, distinctive architecture and room to make the property their own, 5331 Siesta Cove Drive presents a rare opportunity.
Facts
- Property type
- Single Family Residence
- Year built
- 1996
- Bathrooms
- 3 full, 1 half
- Living area
- 3,795 sqft
- Lot size
- 0.34 acres
- Private pool
- Yes
- Exposure
- Southeast
- Furnished
- Furnished
- Flood zone
- AE
- CDD
- No
- 55+ community
- No
- Annual taxes
- $18,777/yr
- Monthly fees
- $35/mo
- Listed
- Jan 3, 2025
- MLS #
- A4628363
Price & status history
- Listed for $3,200,000
- Price reduced to $2,350,000from $2,600,000
Virtual tour
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Estimate the monthly payment
Estimate by Lasbury Tracy Realty — not a loan offerStarting figures for 5331 SIESTA COVE DR. Everything below is editable.
AssumptionNot a quoted rate. Ask a lender what you actually qualify for today.
From this listingThe seller's most recent annual tax bill as reported to the MLS. Your bill will differ — Florida reassesses on sale and homestead caps reset.
Editable estimateA placeholder, not a quote. On the Gulf Coast this is the line item most likely to be wrong: premiums swing on roof age, wind mitigation, elevation, and carrier appetite. Get a real quote before you rely on this number.
Starts at $0Deliberately zero until you enter a figure — we will not inflate a payment with a guess. Many homes here need it; ask us for the property's flood zone and the current policy's premium.
From this listingMonthly association fee as reported to the MLS. Confirm what it includes, and ask about special assessments.
AssumptionNot applied — your down payment is 20% or more.
Estimated total monthly payment
$15,441
$11,883 of that is principal & interest. 23% is taxes, insurance and fees — which is why those inputs matter more here than the rate does.
- Principal & interest
- $11,883
- Property taxes
- $1,565
- Homeowners insurance
- $1,958
- Flood insurance
- $0
- HOA / condo fees
- $35
- Mortgage insurance (PMI)
- $0
- Total per month
- $15,441
Over the life of the loan
- Loan amount
- $1,880,000
- Down payment
- $470,000
- Total interest
- $2,397,836
- Principal + interest paid
- $4,277,836
- Paid off in
- 2056
Interest is the exact schedule total for a fixed-rate loan held to term and assumes no extra payments. Taxes, insurance and fees are not included in these lifetime figures because they change every year.
Calculated on this page from the figures above — nothing is sent anywhere and no lender is quoting you. Figures are estimates for planning only, not a pre-approval, commitment to lend, or a statement of the taxes and insurance you will actually be charged. Lasbury Tracy Realty Inc. is a real estate brokerage, not a lender or an insurance agent.
Take a tour
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5331 Siesta Cove Dr, Sarasota, FL 34242
Listing courtesy of LOKATION · MLS# A4628363 · Active
Where this home is
Opens on aerial — on this coast the canal, the lot and the neighbours answer more questions than a street grid does.
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