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$1,100,000

5116 Admiral Place Sarasota, FL 34231 Residential - Single Family Active

  • 5116 Admiral Place, Sarasota, FL 34231 Main Photo

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Description

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.

Property Highlights

Property Type: Residential - Single Family
Cooling: Central Air
Fenced: Yes
Heating: Central
Home Style: Elevated, Florida
Lot Size: 0.17 Acres
Roof Type: Shingle
Stories: 1.0
Taxes: $6,123
Year Built: 1980

General Information

Bedrooms: 4
Bathrooms: 2 Full
Sqft: 2,243
County: Sarasota
Subdivision: PHILLIPPI SHORES
Listed By:
Esther Farber KW COASTAL LIVING III 941-900-4151

Amenities

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)
French Doors
Private Mailbox
Private Yard
Rain Gutters

Room Information

Primary Bedroom: 15x13
Bedroom 2: 12x13
Bedroom 3: 12x15
Bedroom 4: 12x13
Great Room: 25x30
Kitchen: 14x12

Property Features

Additional Rooms: Great Room, Inside Utility
Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer, Wine Refrigerator
Community Features: Street Lights
Days on Site: 38
Directions: From I75 take exit 210 heading west on Bee Ridge road then turn left onto Swift Road then turn right onto Proctor Road then turn left onto Riverwood Ave then turn right onto Admiral Way. The home will be on the right.
Exterior: Frame
Fencing: Fenced
Fireplace: Gas
Fireplace Y/N: Yes
Flood Zone Code: AE
Flooring: Marble, Travertine
Foundation: Crawlspace
Frontage Canal Salt: 100
Home Warranty Y/N: No
Listing Terms: Cash, Conventional, FHA, VA Loan
Lot: FloodZone, City Limits, Landscaped, Street Dead-End, Paved
Lot Dimensions: 0.17
Other Equipment: Private Yard
Ownership: Fee Simple
Patio/Porch: Deck, Front Porch, Rear Porch, Screened
Pets Allowed: Yes
Pets Restrictions: Buyer and Buyers agent to verify with association.
Pets Size: Extra Large (101+ Lbs.)
Property Attached Y/N: No
Property Sub-Type: Single Family Residence
Security: Smoke Detector(s)
Sewer: Public Sewer
Showing Instructions: Appointment Only, Listing Agent Must Accompany, ShowingTime
Special Sale Provisions: None
Special View Info: Water
Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Natural Gas Connected, Public, Sewer Connected, Underground Utilities, Water Connected
Vegetation: Mature Landscaping, Trees/Landscaped
Water: Public
Water Access: Canal - Saltwater
Water Access Y/N: Yes
Waterfront Features: Canal - Saltwater
Water View: Canal
Windows: Window Treatments
Zoning: RSF1
$1,100,000
4beds
2.0baths
2,243sqft
Active
BEDS4 BATHS2 full SQUARE FEET2,243 MLS#A4678935
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONPHILLIPPI SHORES

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5116 Admiral Place, Sarasota, FL 34231.

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Estimated Payment

$ 4,541.20 per month $3,710.12 Principal & Interest $510.25 Property Tax $320.83 Homeowner's Insurance

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About this area

Florida/Sarasota
Sarasota

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About Sarasota

Sarasota, FL is a cultural gem. Once home to the Ringling Brothers Circus, Sarasota boasts a rich arts scene that brings people from all over the area to enjoy world-class theater, music, and other performing arts. Sarasota is also a haven with spectacular scenery, turquoise water and white sandy beaches. It offers a delightful downtown with a variety of small boutiques and exceptional restaurants. With its dynamic culture and arts scene and incredible natural beauty, Sarasota is a wonderful place to call “home.” 

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 03/02/2026. The listing information on this page last changed on 03/02/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Mon 03/02/2026 3:58:56 PM EST) or Stellar MLS (last updated Mon 03/02/2026 3:46:11 PM EST). Real estate listings held by brokerage firms other than Wagner Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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