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$2,350,000

5331 SIESTA COVE DRIVE, SARASOTA, FL 34242

3D Tour
Active568 days on market

Beds

3

Baths

4

Sq Ft

3,795 sq ft

Year Built

1996

Lot Size

0.34 acres

Garage

3

About This Property

Virtually Staged. Immerse yourself in the tranquility of 5331 Siesta Cove Drive, a stunning jewel situated on a corner lot in the premier Siesta Key neighborhood. With a Mediterranean architectural aesthetic that radiates finesse, this residence features a stunningly crafted exterior adorned with European copper domes perfectly poised on an impressive 11’ elevation. Upon entry, one is greeted by an expansive, open concept living space that magnificently fuses the indoors with the surrounding natural beauty. High sweeping ceilings create an enviable sense of space and light, while polished ceramic tile flooring adds a touch of allure. Thoughtful consideration has been given to the common areas, such as the lavish living room, with an undeniable emphasis on comfort and sophistication. The episodic, broad windows let the glow of sunshine in, accentuating the elegant interior nuances. The kitchen is a veritable chef’s delight, replete with spacious cabinetry, and granitic countertops that inspire culinary creativity. The generous breakfast nook provides an intimate and cozy venue for smaller gatherings and casual meals. Outdoors, discover a secluded oasis where the skies, the greens, and the water merge to deliver a serene atmosphere. The sprawling deck, overlooking a large, elevated swimming pool, provides ample room for sun loungers, and al fresco dining setup, with outdoor kitchen. The residence’s strategic location in Siesta Key, FL, rewards its residents with convenient access to local amenities and landmarks. Enjoy being a stone’s throw away from stunning beaches, upscale shopping destinations, refined dining venues, and outdoor recourses. 5331 Siesta Cove Drive offers an extraordinary amalgamation of luxury living and the calm of a beachside residence. Its matchless design, location, and surrounding serenity make it an idyllic haven for those seeking an unparalleled lifestyle in Siesta Key. One or more photo(s) have been virtually staged.”

Property Overview

Property TypeResidential
Sub TypeSingle Family Residence
MLS #A4628363
StatusActive
Year Built1996
Total Rooms13
ConstructionConcrete
RoofOther, Tile
FoundationConcrete Perimeter
FacesSoutheast
SubdivisionSIESTA COVE SUB
CountySarasota
OwnershipFee Simple
FurnishedFurnished

Interior Features

InteriorCeiling Fan(s), Central Vacuum, Eating Space In Kitchen, High Ceilings, Kitchen/Family Room Combo, L Dining, Open Floorplan, Primary Bedroom Main Floor, Skylight(s), Stone Counters, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
FlooringCarpet, Ceramic Tile
AppliancesCooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Gas Water Heater, Range, Refrigerator, Washer
LaundryInside, Laundry Closet
CoolingCentral Air, Zoned
HeatingElectric, Propane
FireplaceYes ()

Exterior & Lot

ExteriorFrench Doors, Lighting, Outdoor Kitchen, Outdoor Shower, Private Mailbox, Sliding Doors
Lot Size0.34 acres (14,840 sq ft)
Lot Dimensions14840
Road SurfaceAsphalt

Pool & Spa

Private PoolYes
Pool FeaturesDeck, Heated, In Ground

Utilities

WaterPublic
SewerPublic Sewer
UtilitiesElectricity Connected

Parking

GarageYes (3 spaces)

HOA & Community

HOAYes
HOA Fee$35 / Monthly
Senior CommunityNo

Financial Details

List Price$2,350,000
Original Price$3,200,000
Annual Taxes$18,777 (2023)
ZoningRSF2
Parcel #0084120024

Schools

ElementaryPhillippi Shores Elementary
MiddleBrookside Middle
HighSarasota High

Directions

From I-75 take FL-72 W/Clark Rd in Sarasota County. Take exit 205 from I-75 S Follow FL-72 W and Midnight Pass Rd to Siesta Cove Dr in Siesta Key Merge onto FL-72 W/Clark Rd Continue to follow FL-72 W Turn right onto Midnight Pass Rd Turn right to stay on Midnight Pass Rd Turn right onto S View Dr Turn left onto Siesta Cove Dr

Location

5331 SIESTA COVE DRIVE, SARASOTA, FL 34242

Listing Information

OfficeLOKATION
ListedJanuary 3, 2025

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Home Price

$2,350,000

20% ($470,000)
6.75%

Loan Term

Principal & Interest$12,194
Property Tax (est.)$2,154
Insurance (est.)$150
Total Monthly$14,498
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Nearby Schools

Financing a Luxury Home

Specialized financing for this $2,350,000 property in SARASOTA. Luxury purchases typically require jumbo or portfolio lending.

💎

Jumbo Loan

$235,000 Down

For homes exceeding conforming loan limits. Typically requires 10-20% down, strong credit, and reserves.

🎖️

VA Jumbo

$0 Down

VA-eligible borrowers can go above conforming limits with zero down in many cases.

🏦

Portfolio Loan

$352,500 Down

Held by the lender, not sold. Flexible terms for high-net-worth buyers with non-traditional income.

🔑

Bridge Loan

$470,000 Down

Short-term financing to buy before selling. Ideal for move-up buyers in competitive markets.

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Listing information is deemed reliable but not guaranteed. All measurements and data should be independently verified. This information is provided by the Stellar MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: July 25, 2026.

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