Active
$2,350,000
Est. $15,031/mo

5331 Siesta Cove Dr, Sarasota, FL, 34242

$619/sqft·Siesta Cove

3 bd4 ba3,795 sqft3 car garageSingle Family
Listed by LOKATION· Last updated · MLS# A4628363

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Est. monthly payment
$15,031/mo
Down payment (20%)
$470,000
Property taxes
$1,565/mo
HOA
$35/mo
Rate assumed
6.8% · 30 yr
View full breakdown

At a glance

Single family
Built 1996
Private pool
Heated
3 car garage
0.34 acres
Lot size
3,795 sqft
Living area

About this home

Ceiling Fans(s)Central VaccumEat-in KitchenHigh CeilingsKitchen/Family Room ComboL DiningOpen FloorplanPrimary Bedroom Main Floor

5331 Siesta Cove Dr is a 1996-built home in Siesta Cove Sub, Sarasota. Inside you'll find 3 bedrooms, 4 bathrooms, and 3,795 square feet of living space. Listed at $2,350,000 (about $619/sqft), 637 days on market. Flood zone AE - confirm flood insurance requirements with your lender. HOA runs $35 monthly.

From the listing

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.

The essentials

Built
1996
Price / sqft
$619
On market
638 days
Annual tax
$18,777
HOA
$35/mo
Flood zone
AE
Lot
14,840 sqft
Type
Single Family Residence

Location

5331 Siesta Cove Dr
Sarasota, FL, 34242·34242 - Sarasota/Crescent Beach/Siesta Key
Type
Single Family Residence
Year Built
1996
Lot
14,840 sqft
Cooling
Central Air, Zoned
Heating
Electric, Propane
Parking
-
Pool
Deck, Heated, In Ground
Days on Market
638
Ceiling Fans(s)
Central Vaccum
Eat-in Kitchen
High Ceilings
Kitchen/Family Room Combo
L Dining
Open Floorplan
Primary Bedroom Main Floor
Stone Counters
Vaulted Ceiling(s)
Walk-in Closet(s)
Window Treatments
Lighting
Outdoor Kitchen
Outdoor Shower
Private Mailbox
Cooktop
Dishwasher
Disposal
Dryer
Exhaust Fan
Gas Water Heater
Range
Refrigerator
Washer

Elementary

Phillippi Shores Elementary

Middle

Brookside Middle

High

Sarasota High

Districts can re-zone, so verify directly with the district before relying on these.

Flood Zone AE

Annual Tax (2023)

$18,777

Parcel #

0084120024

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision

Siesta Cove Sub

County

Sarasota

MLS Area

34242 - Sarasota/Crescent Beach/Siesta Key

Lot Size

14,840 sqft

HOA
$35/mo
Siesta Cove
Date
Event
Price
7/22/2026
Price change
Source: Stellar MLS #A4628363
$2,350,000-9.6%
$619/sqft
—
Price change
Source: Stellar MLS #A4628363
$2,600,000-18.8%
$685/sqft
1/3/2025
Listed for sale
Source: Stellar MLS #A4628363
$3,200,000
$843/sqft
Est. monthly payment$15,031/mo
Principal & interest$12,256
Property taxes$1,565
Insurance$1,175
HOA$35
Down payment20% · $470,000
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. HOA is the fee reported on the listing. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Offer Insights

Choose an offer strength

List price: $2,350,000
$2.21M – $2.35M
94.2% – 100% of listTops out right at the list price
80% of listList price
37 of the last 72 home closings in 34242 landed at this number or higher (51%). The median one sat 100 days before it went under contract, and this one is on day 638 after a $850,000 cut.

Sample: 72 closed home sales in 34242 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

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