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$2,350,000

5331 SIESTA COVE DRIVE, SARASOTA, FL 34242

3D Tour
Active637 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. 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 and shower. 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.

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: October 2, 2026.

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