5116 Admiral Place, SARASOTA, FL 34231
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Priced at Only: $1,100,000
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Address: 5116 Admiral Place, SARASOTA, FL 34231
Property Location and Similar Properties
- MLS#: A4678935 ( Residential )
- Street Address: 5116 Admiral Place
- Viewed: 33
- Price: $1,100,000
- Price sqft: $480
- Waterfront: Yes
- Wateraccess: Yes
- Waterfront Type: Canal - Saltwater
- Year Built: 1980
- Bldg sqft: 2291
- Bedrooms: 4
- Total Baths: 2
- Full Baths: 2
- Days On Market: 50
- Additional Information
- Geolocation: 27.2791 / -82.5227
- County: SARASOTA
- City: SARASOTA
- Zipcode: 34231
- Subdivision: Phillippi Shores
- Provided by: KW COASTAL LIVING III
- Contact: Esther Farber
- 941-900-4151

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DescriptionThis 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 chefs 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 entrancesperfect 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.
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Building and Construction
- Covered Spaces: 0.00
- Exterior Features: French Doors, Private Mailbox, Private Yard, Rain Gutters
- Fencing: Fenced
- Flooring: Marble, Travertine
- Living Area: 2243.00
- Roof: Shingle
Land Information
- Lot Features: FloodZone, City Limits, Landscaped, Street Dead-End, Paved
Garage and Parking
- Garage Spaces: 0.00
- Open Parking Spaces: 0.00
Eco-Communities
- Water Source: Public
Utilities
- Carport Spaces: 0.00
- Cooling: Central Air
- Heating: Central
- Pets Allowed: Yes
- Sewer: Public Sewer
- Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Natural Gas Connected, Public, Sewer Connected, Underground Utilities, Water Connected
Finance and Tax Information
- Home Owners Association Fee: 0.00
- Insurance Expense: 0.00
- Net Operating Income: 0.00
- Other Expense: 0.00
- Tax Year: 2025
Other Features
- Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer, Wine Refrigerator
- Country: US
- Furnished: Unfurnished
- Interior Features: Built-in Features, Cathedral Ceiling(s), High Ceilings, Kitchen/Family Room Combo, Primary Bedroom Main Floor, Solid Wood Cabinets, Stone Counters, Thermostat, Vaulted Ceiling(s), Walk-In Closet(s)
- Legal Description: LOT 2 PHILLIPPI SHORES
- Levels: One
- Area Major: 34231 - Sarasota/Gulf Gate Branch
- Occupant Type: Owner
- Parcel Number: 0085110003
- Style: Elevated, Florida
- View: Water
- Views: 33
- Zoning Code: RSF1
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