Sarasota's Premier Homes

Elevated, Florida

5116 ADMIRAL PLACE

SARASOTA , FL 34231

MLS#: A4678935

$1,100,000

Status: Active
Listing number: A4678935
Listing provided by: KW COASTAL LIVING III
Listing agent phone: None
Last update: 2 days ago
On site: 29 days ago
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PHILLIPPI SHORES - Residential

Property

Beds

4

Full Baths

2

1/2 Baths

None

Year Built

1980

Sq.Footage

2,243

This luxury waterfront estate on Phillippi Creek is ideal for boaters, offering direct intercostal access, four bedrooms, and the largest square footage under $1.5M among current listings. Located on a peninsula, just minutes from Sarasota Bay and Siesta Key, the home features stunning water views, a peaceful cove, and beautiful sunsets. Recent renovations include a new roof, HVAC, electric, plumbing, hurricane-impact windows, and energy-efficient spray foam insulation. The bathrooms and chef’s kitchen have been meticulously updated with high-end fixtures including Kohler rain showerheads, handheld wands and body jets, Viking appliances and KitchenAid double wall ovens and wine fridge. The living room has extensive water views, a gas log fireplace and soaring cedar-beamed ceilings creating a dramatic yet warm architectural statement, while honed marble floors extend throughout. Two bedrooms have private entrances—perfect for guests or home office. The primary suite provides serene water views without leaving the comfort of your bed. Enjoy seamless indoor-outdoor living with multiple entrances to the screened lanai and deck. Outdoor enthusiasts will appreciate the private dock, with water and electric, providing quick access for boating, kayaking, and paddleboarding to the Bay and Siesta Key beach. Ideal for fishing and daily wildlife sightings, including manatees and abundant birdlife. Centrally located, minutes to downtown (3.7 miles), Siesta Key Beach (2.1 miles) and SRQ Airport (7.7 miles), this rare offering presents an outstanding luxury waterfront residence or high-end rental investment for boaters, beach goers, and nature lovers alike. Only 15 properties are available on this peninsula, making homes in this secure, HOA-free, close-knit community rare when listed. A truly unique Sarasota waterfront opportunity.

Features & Amenities

Interior

  • Other Interior Features

    Built-in Features, Cathedral Ceiling(s), High Ceilings, Stone Counters, Vaulted Ceiling(s), Walk-In Closet(s)

  • Total Bedrooms

    4

  • Bathrooms

    2

  • Cooling YN

    YES

  • Cooling

    Central Air

  • Fireplace YN

    YES

  • Heating YN

    YES

  • Heating

    Central

  • Pet friendly

    Yes

Exterior

  • Garage

    No

  • Construction Materials

    Frame

  • Other Exterior Features

    Private Yard, Rain Gutters, Dock

  • Patio and Porch Features

    Deck, Front Porch, Rear Porch, Screened

  • Pool

    No

  • Waterfront YN

    YES

  • View

    Canal, Water

Area & Lot

  • Lot Features

    Landscaped, Paved, Waterfront

  • Lot Size(acres)

    0.17

  • Property Type

    Residential

  • Property Sub Type

    Single Family Residence

  • Architectural Style

    Elevated, Florida

Price

  • Sales Price

    $1,100,000

  • Tax Amount

    $6,123.68

  • Sq. Footage

    2, 243

  • Price/SqFt

    $490

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Ownership

    Fee Simple

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

  • Tax Lot

    2

  • Water Source

    Public

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Listing Courtesy of Esther Farber , KW COASTAL LIVING III

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Michael Graf

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michael@thegrafgroupvip.com


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This luxury waterfront estate on Phillippi Creek is ideal for boaters, offering direct intercostal access, four bedrooms, and the largest square footage under $1.5M among current listings. Located on a peninsula, just minutes from Sarasota Bay and Siesta Key, the home features stunning water views, a peaceful cove, and beautiful sunsets. Recent renovations include a new roof, HVAC, electric, plumbing, hurricane-impact windows, and energy-efficient spray foam insulation. The bathrooms and chef’s kitchen have been meticulously updated with high-end fixtures including Kohler rain showerheads, handheld wands and body jets, Viking appliances and KitchenAid double wall ovens and wine fridge. The living room has extensive water views, a gas log fireplace and soaring cedar-beamed ceilings creating a dramatic yet warm architectural statement, while honed marble floors extend throughout. Two bedrooms have private entrances—perfect for guests or home office. The primary suite provides serene water views without leaving the comfort of your bed. Enjoy seamless indoor-outdoor living with multiple entrances to the screened lanai and deck. Outdoor enthusiasts will appreciate the private dock, with water and electric, providing quick access for boating, kayaking, and paddleboarding to the Bay and Siesta Key beach. Ideal for fishing and daily wildlife sightings, including manatees and abundant birdlife. Centrally located, minutes to downtown (3.7 miles), Siesta Key Beach (2.1 miles) and SRQ Airport (7.7 miles), this rare offering presents an outstanding luxury waterfront residence or high-end rental investment for boaters, beach goers, and nature lovers alike. Only 15 properties are available on this peninsula, making homes in this secure, HOA-free, close-knit community rare when listed. A truly unique Sarasota waterfront opportunity.

5116 ADMIRAL PLACE

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