Properties

Property 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.

Features
: Central
: Central Air
: Fenced
: Water
: Yes
: Deck, Screened, Front Porch, Rear Porch
: Unfurnished
: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer, Wine Refrigerator
: Fishing, Canal Front
: Rain Gutters, French Doors, Private Mailbox, Private Yard
: Gas
: Marble, Travertine
: Walk-in Closet(s), Cathedral Ceiling(s), Kitchen/family Room Combo, Stone Counters, Thermostat, Vaulted Ceiling(s), Solid Wood Cabinets, Primary Bedroom Main Floor, Built-in Features, High Ceilings
: Laundry Room, Inside
: City Lot, Floodzone, Street Dead-end, Landscaped
: Shingle
: Smoke Detector(s)
: Public Sewer
: Electricity Connected, Cable Connected, Public, Sewer Connected, Street Lights, Underground Utilities, Water Connected, Bb/hs Internet Available, Natural Gas Connected
: Canal - Saltwater, Canal Front
Address Map
FL
Sarasota
SARASOTA
34231
5116 ADMIRAL PLACE
1
W83° 28' 38.2''
N27° 16' 44.8''
East
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.
PHILLIPPI SHORES
MLS Addon
: Florida, Elevated
: Wood Frame
64
: Crawlspace
: One
281532902
281527443
: Cash, Conventional, Va Loan, Fha
: Street Paved, Street Dead-End
: No
$6,124
2025
: Public
RSF1

Residential For Sale

5116 ADMIRAL PLACE, SARASOTA, Florida 34231

4 Bedrooms
2 Bathrooms
2,243 Sqft
Visits : 22 in 107 days
$1,100,000
Listing ID #A4678935
Basic Details
Property Type : Residential
Listing Type : For Sale
Listing ID : A4678935
Status : Active
Brokerage Name : KW COASTAL LIVING III
Agent Name : Esther Farber
Bathrooms Total : 2
Price : $1,100,000
Bedrooms : 4
Rooms : 7
Bathrooms : 2
Square Footage : 2,243 Sqft
Year Built : 1980
Lot Size : 0.17 Acre
Building Area : 2,291 Sqft
Property SubType : Single Family Residence
Agent info
Gulf Sands Realty
Contact Agent

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Gulf Sands Realtors

Steve Foster

Stevefosterhomes14@gmail.com

Magdalena Carr

Mcarr.FloridaHomes@hotmail.com

Kristen Silver

kristengulfsandsrealty@gmail.com

Karen Macdonald

Floridahousedream@gmail.com