Listing Details for MLS #A4678935
5116 Admiral Place, Sarasota, Fl

Residential Property - Single Family Residence in Sarasota

Listing Price: $1,100,000 (Mortgage Calculator →)Days on Market: 2

Description of Property

Must-see luxury waterfront estate offering breathtaking water views from nearly every window. Perfectly positioned on a peninsula, the home is surrounded by a peaceful cove with sunset views. Built by a local builder for his own residence, this exceptional custom home reflects superior craftsmanship. Every element of the recent renovation was hand-selected with high-end finishes and custom-made features designed specifically for this residence. The living room features soaring ceilings with exposed cedar beams creating a dramatic yet warm architectural statement. White Travertine marble flooring flows throughout the home. The chef’s kitchen is a true centerpiece, featuring a Viking range, double wall ovens, marble countertops, and custom cabinetry—ideal for entertaining or luxury living. The artistic flare of the bathrooms alone are worth seeing in person. Two of the four bedrooms offer private entrances, ideal for a home office, guest suite, or mother-in-law accommodations. Enjoy seamless indoor-outdoor living with multiple access points to the screened lanai, deck, and dock, providing effortless accessibility. Outdoor enthusiasts will appreciate the private dock, with water and electric, offering direct access for boating, kayaking and paddleboarding to the Bay and Siesta Key beach. A fisherman’s haven with some of the largest Snook around and daily wildlife sightings including manatees and abundant birdlife. Every inch of this home has been renovated to the highest of standards, creating what is essentially a new home, including the roof, A/C, electric, plumbing, water and air purification systems, hurricane-impact windows and spray-foam insulation in the attic and beneath the home for enhanced energy efficiency. Centrally located within minutes to downtown or Siesta key Beach, this rare offering presents an outstanding luxury waterfront residence or high-end rental investment for boaters, beach goers, and nature lovers alike. Homes in this gem of a community rarely come on the market—an irreplaceable Sarasota waterfront opportunity.The average asking price for a 4 bedroom/2 bath single family residence in this Zip code is $826,730. This single family residence is listed at about 133% of the average asking price. There are 3 4 bedroom/2 bath homes between $800,000 and $1,400,000 currently listed for sale in this Zip code. See other listings like this one »