5131 Jungle Plum Rd, Siesta Key, FL 34242, Siesta Key, Florida, United States. - Hero Image
5131
Jungle Plum Rd
Siesta Key | Florida

A Residence That

Deeply Resonates

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Michael Saunders & Company
Michael Saunders & Company
Presented At
$9,480,000
Bedrooms
6
Bathrooms
7
Living
6,369
SQFT
Stories 2
Fireplace
Open Kitchen
Cinema
Office
High Ceiling
Stone Countertops
Air Conditioning
Washer Dryer
Bar
Kitchen island
Laundry Room
Walk In Closet
Jacuzzi
Gas Stovetop
Terrace
Garage
Outdoor Living Space
Parking
Garden
Balcony
Pool
Outdoor Kitchen
Water View
Coastal
Waterfront
Privacy
Panoramic / Scenic View
Renovated
Modern
Mansion
5131 Jungle Plum Rd, Siesta Key, FL 34242, Siesta Key, Florida, United States. - Photo 1
5131 Jungle Plum Rd, Siesta Key, FL 34242, Siesta Key, Florida, United States. - Photo 2
5131 Jungle Plum Rd, Siesta Key, FL 34242, Siesta Key, Florida, United States. - Photo 3
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5131 Jungle Plum Rd, Siesta Key, FL 34242, Siesta Key, Florida, United States. , Siesta Key , Florida 34242

Magnificent Private Waterfront Estate - Sarasota Florida - N Siesta Key

EXPANSIVE AND SPECTACULAR BAY WATER VIEWS and Winner of HGTVs 2023 Ultimate House Hunt Waterside Category! This fabulous estate is located in Hidden Harbor, an exclusive and sought after neighborhood on the northern end of Siesta Key, with convenient access to downtown Sarasota and world-reknowned Siesta Beach. This stately residence is framed by 150 linear feet of water frontage and situated on over three-quarters of an acre with incredible landscaped gardens, providing its owners complete privacy. Entering this unique estate, you instantly enjoy peace and tranquility not often found with waterfront living. For the boating enthusiast, this property provides deep water with two boat lifts and a floating dock for easy access for kayaking and paddle boarding. Awe-inspiring remodeling which was completed in February 2023 has beautifully blended West Indies style and a truly contemporary feel with open living spaces, soaring ceilings, a dream kitchen and panoramic views which can be enjoyed from nearly every room. The primary suite offers dramatic water views, an expansive covered terrace, dual bathrooms, soaking tub and a walk-in shower -
  • all creating a truly spa

Gallery

3D Street View Tour

Map showing 5131 Jungle Plum Rd, Siesta Key, FL 34242, Siesta Key, Florida, United States.

Property Location

5131 Jungle Plum Rd, Siesta Key, FL 34242, Siesta Key, Florida, United States., Siesta Key Florida

Local Weather & Climate

Siesta Key, Florida

Current Conditions Updated recently
67 °F
Clear sky
Feels Like 68°F
Humidity 91%
Wind 3 mph
Visibility 6.2 mi
Sunrise 11:50 AM
Sunset 11:33 PM
5-Day Forecast
Thu 5 Mar
Clouds
High 84°
Low 67°
Fri 6 Mar
Rain
High 76°
Low 67°
Sat 7 Mar
Clear
High 77°
Low 67°
Sun 8 Mar
Clear
High 75°
Low 67°
Mon 9 Mar
Clear
High 75°
Low 68°
Data from OpenWeatherMap

Walkability & Transit Scores

How easy is it to get around Siesta Key?

Walkability and transit scores for this address come from the EPA National Walkability Index.

Mortgage Calculator

Estimate your monthly payments for this property

$
%
$100,000
%
Estimated Monthly Payment $3,160
Monthly Payment Breakdown
Principal & Interest $2,528
Loan Amount $400,000
Total Interest $337,621
Total Cost $737,621
Potential Tax Benefits (United States)
$0 Est. First Year Interest Deduction
$0 Est. Annual Tax Savings
*Based on post-2017 tax law. Actual deductions depend on filing status, itemization, and current tax laws.

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Important Information
  • This calculator is for illustrative purposes only and does not constitute a loan offer, pre-approval, or commitment to lend.
  • Monthly payment estimates do not include property taxes, homeowner's insurance, HOA fees, or other applicable costs which may significantly increase your actual payment.
  • Interest rates shown are for demonstration only. Actual rates depend on your credit score, down payment, loan type, property location, and current market conditions.
  • This tool provides estimates only. Consult with a licensed mortgage professional for accurate quotes and personalized advice.
  • Tax benefit calculations are simplified estimates based on general assumptions for United States. Actual deductions depend on your specific tax situation, filing status, and current tax laws.
  • Tax Year Information: Tax data shown is based on United States tax year 2025 (fiscal year: January-December), rules effective from 2018 through 2025. Tax laws change frequently and may have been amended since this data was compiled.

Market Opinion

Luxury 9.7× median

Our perspective on current market conditions in Siesta Key. For informational purposes only — always consult a licensed real estate professional before making decisions.

Good Time to Buy
Market conditions favor buyers. Consider making a move.
75
Buyer Score
Prices are down 13.3% year-over-year
Homes are taking 57 days to sell - more time to negotiate
Homes selling 6.9% below asking price on average

Local Market Price Trends

Median home sale prices in Siesta Key, Florida — ZIP code 34242 over the last 24 months. This shows how property values in this neighborhood have changed over time, helping you understand whether the market is appreciating, stable, or cooling.

This property is listed at $9,480,000
Area median: $975,000
-13.3% year-over-year (well below the 3.5% historical avg)

Market Competition

57 days
Days on Market
Above typical
93.1%
Sale-to-List Ratio
Below asking

Future Value & Wealth Building

Starting investment: $9,480,000 20% down ($1,896,000)

42.4 years
Double Your Investment
Based on current market trends, your property value could double
$4,656,374
10-Year Equity
Your potential equity after 10 years of payments and appreciation
$50,457
Monthly Investment
Estimated monthly mortgage payment (principal & interest)
$15,484,165
30-Year Wealth Potential
Total equity after full mortgage payoff with market appreciation
2.5x
Leverage Power
Your $1,896,000 down payment could grow to $4,656,374 in equity (10 yrs)
Investment Perspective
$ $ $
$1 → $1.18
Every dollar invested today could become $1.18 in 10 years
$100 → 118 $1,000 → $1,178
+$428
$428/day
Your home may appreciate while you sleep
$3,006/week $13,026/mo $156,315/yr
$100K Investment Comparison (10 Years)
Real Estate (Leveraged)
$189K
S&P 500 Index
$259K
High-Yield Savings
$155K
Real estate leverage: potential -27% advantage over stocks
RENT 💸 -$5.2M
vs
OWN 📈 +$4.7M
$4.7M Potential Equity
vs $5.2M lost to rent over 10 years
$1.9M Down Payment Growth
2.5x
10yr
$4.7M
4.6x
20yr
$8.8M
8.2x
30yr
$15.5M
Wealth Comparison
×37
Equivalent to 37 average US homes
top 5%
US household wealth ranking
Median: $193K Yours: $15.5M
Time to Double Your Investment (accounting for market cycles)
60.5
years
Conservative
1.15% effective/yr
26.6
years
Optimistic
2.64% effective/yr
Projected Home Values (adjusted for market cycles)
10 Years
Conservative $10.6M +12%
Market $11.2M +18%
Optimistic $12.3M +30%
$4.7M est. equity
20 Years
Conservative $11.9M +26%
Market $13.1M +39%
Optimistic $16.0M +68%
$8.8M est. equity
30 Years
Conservative $13.4M +41%
Market $15.5M +63%
Optimistic $20.7M +119%
$15.5M est. equity

Historical Market Context

How current appreciation compares to long-term averages

National Long-Term Average
4.27 %
1967 – 2024
57 years of U.S. home price data
Recent Decade Average
6.5 %
2014 – 2024
Post-recovery bull market
Opportunity Zone
Current 2.5% appreciation is below the national historical average. This market may offer value opportunities.

Projections account for historical market cycles (~12% corrections every 6 years). Effective annual growth after corrections: 1.6%. Market scenario reflects current 2.5% YoY trend from Redfin (Apr 2026). These projections are estimates only and actual results may vary. Past performance does not guarantee future results.

Data from U.S. Census Bureau, World Bank, Zillow, and Redfin | Market data updated Apr 2026

Neighborhood Demographics

ZIP 34242 • 2022 ACS Data

7,602 Population
Median Age: 66.0
$121,006 Median Income
High
$877,400 Median Home Value
Rent: $2,169
64.7% College Graduates
Very High

Housing

Homeowners 34.0%
Renters 4.9%
Vacancy Rate 61.1%

Employment

3.8% Unemployment
38.3% Work From Home

Education Attainment (Age 25+)

High School+ 96.9%
Bachelor's+ 64.7%
Graduate+ 31.0%
Data from U.S. Census Bureau American Community Survey 2022

Frequently Asked Questions

Common questions about this property

This house at 5131 Jungle Plum Rd, Siesta Key, FL 34242, Siesta Key, Florida, United States features 6 bedrooms with 6,369 square feet of living space.
This property offers 6,369 square feet of living space.
This property is listed at $948,000,000, which equals $148846 per square foot.
In Siesta Key, home prices have decreased 13.3% over the past year, homes typically sell within 57 days, it's currently a unknown. These market conditions can affect pricing strategies and negotiation opportunities.
Based on current market indicators, Siesta Key shows an active market. The market opportunity score is 75 out of 100, reflecting factors like price trends, inventory levels, and days on market.
This is a house located in Siesta Key, Florida. The property is situated in an established neighborhood with convenient access to local amenities and services.
Michael Saunders & Company

Michael Saunders & Company

Michael Saunders & Company

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