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Sold for $5,000,000
    • $5,000,000

    5418 SIESTA COVE DRIVE, SARASOTA, FL 34242

    5beds
    4,230sqft
    Single Family Residence
    Built in 2020
    10,800 Square Feet Lot
    $5,067,900 Zestimate®
    $1,182/sqft
    $26,768 Estimated rent

    Home value

    $5,067,900

    $4.51M - $5.63M

    $26,768/mo

    Zestimate® history
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    What's special

    Electric fireplaceSophisticated wet barOutdoor kitchenTravertine lanai and deckLuxurious waterfront livingSleek quartz waterfall countertopsOversized three-car garage
    Experience the pinnacle of luxurious waterfront living, where your dreams of boating, entertaining, and relaxation converge in unparalleled splendor. This exquisite elevated custom-built estate on Siesta Key redefines elegance, had NO flood damage, offering sweeping, private vistas of the vibrant intracoastal waterway and showcasing masterful design at every turn. Spanning two levels of opulent living space, this five-bedroom residence is thoughtfully equipped with an elevator for seamless convenience. Every corner is a testament to refined craftsmanship and attention to detail, featuring wide plank porcelain tile, 8-foot PGT insulated impact doors, a striking electric fireplace, and immersive surround sound that sets the mood for every occasion. The main level invites effortless entertaining with its expansive living area, complete with a sophisticated wet bar featuring a wine cooler, ice maker, and direct access to the lanai. A spacious den provides a versatile retreat for work or leisure. Upstairs, the family room opens to an oversized balcony, presenting mesmerizing sunrises and panoramic views of the downtown Sarasota skyline. Culinary enthusiasts will delight in the gourmet kitchen, a chef’s paradise outfitted with state-of-the-art Dacor appliances, double ovens, and sleek quartz waterfall countertops. For alfresco dining, the outdoor kitchen becomes the ultimate stage for creating memorable meals under the stars. The outdoor living space rivals the finest resorts, with a sparkling pool and spa surrounded by a travertine lanai and deck. Beyond, a newly constructed dock and boat lift await, ensuring your vessel is always ready for adventures on the water. At day’s end, retreat to the indulgent master suite, a haven of tranquility featuring a spa-like en-suite bath that evokes the ambiance of a five-star resort. Car enthusiasts will appreciate the oversized three-car garage, designed with ample height to accommodate car lifts, perfect for housing your prized collection. Nestled within one of Siesta Key’s most prestigious communities, this home offers peace of mind with a newly installed generator and the ultimate convenience of proximity to the beach, dining, and shopping—just moments away. This is not just a home; it’s a lifestyle of unparalleled luxury and elegance, designed for those who desire only the best. Welcome to your paradise.

    Zillow last checked:

    Listing updated:

    Listed by:

    Adnan Dedic 941-726-2917,

    COMPASS FLORIDA LLC 941-279-3630

    Bought with:

    Ruth Laurent, 3405732

    ENGEL & VOELKERS VENICE DOWNTOWN

    Source: Stellar MLS,MLS#: A4633904MLS LogoOriginating MLS: Port Charlotte

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 6
    • Full bathrooms: 5
    • 1/2 bathrooms: 1
    Rooms
    • Room types: Den/Library/Office, Family Room, Utility Room
    Primary bedroom
    • Features: Walk-In Closet(s)
    • Level: First
    • Dimensions: 20x13
    Bedroom 2
    • Features: Built-in Closet
    • Level: Second
    • Dimensions: 13x14
    Bedroom 3
    • Features: Built-in Closet
    • Level: Second
    • Dimensions: 12x13
    Bedroom 4
    • Features: Built-in Closet
    • Level: Second
    • Dimensions: 13x12
    Bedroom 5
    • Features: Built-in Closet
    • Level: Second
    • Dimensions: 13x13
    Den
    • Level: First
    • Dimensions: 11x12
    Dinette
    • Level: First
    • Dimensions: 9x13
    Family room
    • Level: Second
    • Dimensions: 13x15
    Great room
    • Level: First
    • Dimensions: 17x17
    Kitchen
    • Level: First
    • Dimensions: 15x12
    Living room
    • Level: First
    • Dimensions: 11x16
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Oven, Cooktop, Disposal, Gas Water Heater, Ice Maker, Microwave, Refrigerator, Tankless Water Heater, Washer, Wine Refrigerator
    • Laundry: Inside, Laundry Room
    Features
    • Ceiling Fan(s), Crown Molding, Eating Space In Kitchen, Elevator, High Ceilings, Kitchen/Family Room Combo, Primary Bedroom Main Floor, Solid Wood Cabinets, Stone Counters, Tray Ceiling(s), Walk-In Closet(s), Wet Bar
    • Flooring: Porcelain Tile
    • Doors: Outdoor Grill, Sliding Doors
    • Windows: Insulated Windows
    • Has fireplace: Yes
    Interior area
    • Total structure area: 5,542
    • Total interior livable area: 4,230 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Driveway, Garage Door Opener, Ground Level, Oversized
    • Attached garage spaces: 3
    • Has uncovered spaces: Yes
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Covered, Deck, Patio, Rear Porch
    • Exterior features: Balcony, Irrigation System, Lighting, Outdoor Grill, Rain Gutters, Sprinkler Metered
    • Has private pool: Yes
    • Pool features: Gunite, Heated, Salt Water
    • Has spa: Yes
    • Spa features: Heated
    • Fencing: Other
    • Has view: Yes
    • View description: Pool, Water, Bay/Harbor - Partial, Intracoastal Waterway
    • Has water view: Yes
    • Water view: Water,Bay/Harbor - Partial,Intracoastal Waterway
    • Waterfront features: Waterfront, Intracoastal Waterway, Bay/Harbor Access, Intracoastal Waterway Access, Lift, No Wake Zone
    • Body of water: INTRACOASTAL WATER WAY
    Lot
    • Size: 10,800 Square Feet
    • Features: Flood Insurance Required
    • Residential vegetation: Trees/Landscaped
    Details
    • Parcel number: 0084120040
    • Zoning: RSF2
    • Special conditions: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Custom
    • Property subtype: Single Family Residence
    Materials
    • Block, Stucco
    • Foundation: Stem Wall
    • Roof: Tile
    Condition
    • Completed
    • New construction: No
    • Year built: 2020

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Connected, Electricity Connected, Propane, Public, Sprinkler Meter, Underground Utilities, Water Connected

    Community & HOA

    Community
    • Features: Waterfront, Deed Restrictions
    • Pet fee: $0 monthly
    • Subdivision: SIESTA COVE SUB
    HOA
    • Has HOA: Yes
    • HOA fee: $40 monthly
    • HOA name: Sentry Management - Kimmy Gautier
    • HOA phone: 941-361-1222
    Location
    • Region: Sarasota

    Financial & listing details

    • Price per square foot: $1,182/sqft
    • Tax assessed value: $4,298,100
    • Annual tax amount: $49,780
    • Date on market: 1/6/2025
    • Cumulative days on market: 5 days
    • Listing terms: Cash,Conventional
    • Ownership: Fee Simple
    • Total actual rent: 0
    • Electric utility on property: Yes
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    2/7/2025Sold$5,000,000-3.8%$1,182/sqft
    Source: Stellar MLS #A4633904 Report a problem
    1/11/2025Pending sale$5,200,000$1,229/sqft
    Source: Stellar MLS #A4633904 Report a problem
    1/6/2025Listed for sale$5,200,000+48.6%$1,229/sqft
    Source: Stellar MLS #A4633904 Report a problem
    3/24/2021Sold$3,500,000-12.3%$827/sqft
    Source: Public Record Report a problem
    2/3/2021Pending sale$3,989,900$943/sqft
    Source: MICHAEL SAUNDERS & COMPANY #A4484548 Report a problem
    11/25/2020Listed for sale$3,989,900+46.4%$943/sqft
    Source: MICHAEL SAUNDERS & COMPANY #A4484548 Report a problem
    11/18/2020Sold$2,725,000+147.7%$644/sqft
    Source: Public Record Report a problem
    10/1/2019Sold$1,100,000+25.7%$260/sqft
    Source: Public Record Report a problem
    3/29/2019Sold$875,000-20.5%$207/sqft
    Source: Public Record Report a problem
    2/5/2019Price change$1,100,000-12%$260/sqft
    Source: BILLIB & BILLIB P A #A4422168 Report a problem
    1/15/2019Listed for sale$1,250,000-10.7%$296/sqft
    Source: BILLIB & BILLIB P A #A4422168 Report a problem
    1/31/2018Listing removed$6,500$2/sqft
    Source: BILLIB & BILLIB P A #A4188293 Report a problem
    1/31/2018Price change$1,400,000+0.1%$331/sqft
    Source: BILLIB & BILLIB P A #A4188241 Report a problem
    1/23/2018Listed for rent$6,500$2/sqft
    Source: BILLIB & BILLIB P A #A4188293 Report a problem
    12/18/2017Listing removed$6,500$2/sqft
    Source: BILLIB & BILLIB P A #A4188293 Report a problem
    12/8/2017Listed for rent$6,500$2/sqft
    Source: BILLIB & BILLIB P A #A4188293 Report a problem
    11/5/2017Price change$1,399,000-3.5%$331/sqft
    Source: BILLIB & BILLIB P A #A4201939 Report a problem
    10/14/2017Listing removed$6,500+8.3%$2/sqft
    Source: BILLIB & BILLIB P A #A4188293 Report a problem
    10/14/2017Price change$1,450,000-3.3%$343/sqft
    Source: BILLIB & BILLIB P A #A4201939 Report a problem
    9/6/2017Listed for rent$6,000$1/sqft
    Source: BILLIB & BILLIB P A #A4188293 Report a problem
    8/2/2017Price change$1,499,000-0.1%$354/sqft
    Source: BILLIB & BILLIB P A #A4188241 Report a problem
    7/28/2017Listing removed$6,000$1/sqft
    Source: BILLIB & BILLIB P A #A4188293 Report a problem
    7/22/2017Price change$6,000-7.7%$1/sqft
    Source: BILLIB & BILLIB P A #A4188293 Report a problem
    7/17/2017Price change$1,500,000-11.7%$355/sqft
    Source: BILLIB & BILLIB P A #A4188241 Report a problem
    7/11/2017Price change$1,699,000-2.9%$402/sqft
    Source: BILLIB & BILLIB P A #A4188241 Report a problem
    6/6/2017Listed for rent$6,500$2/sqft
    Source: BILLIB & BILLIB P A #A4188293 Report a problem
    6/4/2017Listed for sale$1,750,000$414/sqft
    Source: BILLIB & BILLIB P A #A4188241 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$50,520 +1.5%$4,298,100 +5.5%
    2024$49,781 +6%$4,073,828 +10%
    2023$46,970 +16.5%$3,703,480 +10%
    2022$40,327 +176.2%$3,366,800 +182.1%
    2021$14,598 +26.9%$1,193,500 +30%
    2020$11,500 +23.1%$918,200 +22.7%
    2019$9,343 $748,100 -46.4%
    2018$9,343 -47.9%$1,395,300 +4.1%
    2017$17,929 +7.5%$1,339,735 -6.2%
    2016$16,685 $1,428,300 +9.6%
    2015$16,685 -4.4%$1,303,300 +45.2%
    2014$17,451 +37%$897,700
    2013$12,742 +55.1%$897,700 +48.1%
    2012$8,215 +4.7%$606,140 +3%
    2011$7,848 -1.8%$588,485 +1.5%
    2010$7,990 +10.8%$579,788 +2.7%
    2009$7,214 $564,545 +0.1%
    2008$7,214 +0.4%$563,981 +3%
    2007$7,186 $547,554 +2.5%
    2006-- $534,199 +3%
    2005-- $518,640 +3%
    2004$7,574 -1.4%$503,534 +1.9%
    2003$7,685 +2.2%$494,145 +2.4%
    2002$7,517 +7.6%$482,563 +1.6%
    2001$6,985 +2.7%$474,964 +3%
    2000$6,803 $461,130
    Find assessor info on the county website

    Neighborhood: 34242

    Nearby homes

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Phillippi Shores Elementary
    • Middle: Brookside Middle
    • High: Sarasota High

    Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $5,067,900
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $5,067,900

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