5116 ADMIRAL PLACE, Sarasota, FL 34231

• 4 beds |
• 2 baths |
• 2,243 sqft

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.

Listing Status:

Active

Date Added:

January 23, 2026

Data Last Updated:

March 29, 2026 at 6:21AM

Listing Office:

KW COASTAL LIVING III : 941-900-4151

Listing Agent:

Esther Farber : 989-980-8231

MLS ID:

A4678935

Interior

• General: Built-in FeaturesCathedral Ceiling(s)High CeilingsKitchen/Family Room ComboPrimary Bedroom Main FloorSolid Wood CabinetsStone CountersThermostatVaulted Ceiling(s)Walk-In Closet(s)
• Rooms: Great RoomInside Utility
• Appliances: DishwasherDisposalDryerElectric Water HeaterMicrowaveRangeRefrigeratorWasherWine Refrigerator
• Laundry: InsideLaundry Room
• Flooring: MarbleTravertine
• A/C: Central Air
• Heating: Central
• Fireplace: GasFireplace

Exterior

• General: French DoorsPrivate MailboxPrivate YardRain Gutters
• Style: ElevatedFlorida
• Other Structures: Front PorchDeckRear PorchScreened

Construction

• Roofing: Shingle
• Windows: Window Treatments
• General: FrameOneCrawlspace

Location

• Road/Access: Asphalt
• Originating MLS: Stellar MLS
• County: Sarasota

Lot

• Zoning: RSF1LOT 2 PHILLIPPI SHORES0085110003
• View: Water
• Fencing: Fenced

Utilities

• Utilities: BB/HS Internet AvailableCable ConnectedElectricity ConnectedNatural Gas ConnectedPublicSewer ConnectedUnderground UtilitiesWater Connected
• Water: Public
• Sewer: Public Sewer

Financial

• Source: Stellar MLS
• Ownership: Fee Simple