Active
$1,600,000
Est. $10,280/mo

5231 Siesta Cove Dr, Sarasota, FL, 34242

$626/sqft·Siesta Cove

3 bd3 ba2,557 sqft2 car garageSingle Family
Listed by MICHAEL SAUNDERS & COMPANY· Last updated · MLS# A4686013

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Pricing, comps, HOA, the neighborhood. Answers before you fill out anything.

Est. monthly payment
$10,280/mo
Down payment (20%)
$320,000
Property taxes
$1,090/mo
HOA
$538/yr
Rate assumed
6.8% · 30 yr
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At a glance

Single family
Built 1982
Private pool
Gunite
2 car garage
Circular Driveway
0.35 acres
Lot size
2,557 sqft
Living area

About this home

Ceiling Fans(s)Open FloorplanPrimary Bedroom Main FloorSolid Surface CountersSplit BedroomThermostatVaulted Ceiling(s)Walk-in Closet(s)

5231 Siesta Cove Dr is a 1982-built home in Siesta Cove Sub, Sarasota. Inside you'll find 3 bedrooms, 3 bathrooms, and 2,557 square feet of living space. Listed at $1,600,000 (about $626/sqft), 1 days on market. Flood zone AE - confirm flood insurance requirements with your lender. HOA runs $538 annually.

From the listing

Tucked inside the private enclave of Siesta Cove, this beautifully updated island home offers that rare blend of privacy, space, and an easy walk to world-famous Siesta Key Beach. Set on an oversized 0.35-acre lot, the property features 3 bedrooms, 2.5 baths, and more than 2,500 square feet of bright, open living space designed for both everyday comfort and effortless entertaining. Vaulted ceilings with exposed beam detail anchor the main living area, where expansive sliders open to a screened lanai and private saltwater pool framed by mature tropical landscaping. Porcelain tile runs throughout, creating a clean, cohesive feel that fits perfectly with relaxed island living. The kitchen is thoughtfully designed with stone countertops, stainless steel appliances, generous prep space, and a built-in wine refrigerator, flowing naturally into multiple living and dining areas. Whether you’re hosting friends after a beach day or enjoying a quiet evening at home, the layout simply works. The primary suite feels tucked away and private, complete with an updated bath featuring a rain shower and elevated finishes. Two additional bedrooms offer flexibility for guests, family, or a dedicated office space. Impact windows and doors provide added peace of mind, and the home did not experience water intrusion during recent hurricanes. Additional features include a fireplace for cooler winter nights, an interior laundry room, circular driveway, and attached two-car garage. Siesta Cove is ideally positioned between Midnight Pass Road and the Intracoastal Waterway, just a short stroll to the powder-soft quartz sands of Siesta Key Beach. Here, mornings start with beach walks, afternoons are spent boating or biking the island, and evenings wind down with sunset skies and dinner in the Village. This is not just a home — it’s the kind of island living people move here for.

The essentials

Built
1982
Price / sqft
$626
On market
175 days
Annual tax
$13,085
HOA
$538/yr
Flood zone
AE
Lot
15,167 sqft
Type
Single Family Residence

Location

5231 Siesta Cove Dr
Sarasota, FL, 34242·34242 - Sarasota/Crescent Beach/Siesta Key
Type
Single Family Residence
Year Built
1982
Lot
15,167 sqft
Cooling
Central Air
Heating
Electric
Parking
Circular Driveway
Pool
Gunite, In Ground
Days on Market
175
Ceiling Fans(s)
Open Floorplan
Primary Bedroom Main Floor
Solid Surface Counters
Split Bedroom
Thermostat
Vaulted Ceiling(s)
Walk-in Closet(s)
Sliding Doors
Bar Fridge
Built-in Oven
Cooktop
Dishwasher
Disposal
Dryer
Electric Water Heater
Microwave
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.

Homestead exemption on fileFlood Zone AE

Annual Tax (2025)

$13,085

Parcel #

0084050004

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

15,167 sqft

FloodZoneIn CountyLandscapedUnincorporated
HOA
$538/yr
Siesta Cove
Date
Event
Price
3/20/2026
Listed for sale
Source: Stellar MLS #A4686013
$1,600,000
$626/sqft
Est. monthly payment$10,280/mo
Principal & interest$8,345
Property taxes$1,090
Insurance$800
HOA$45
Down payment20% · $320,000
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

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List price: $1,600,000
$1.52M – $1.60M
95% – 100% of listTops out right at the list price
80% of listList price
29 of the last 56 home closings in 34242 landed at this number or higher (52%). The median one sat 87 days before it went under contract, and this one is on day 175.

Sample: 56 closed home sales in 34242 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

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