
5453 NEW COVINGTON DRIVE, SARASOTA, FL, 34233
Active77 days on marketListed May 21, 2026MLS #A4694454
About this home
5453 NEW COVINGTON DRIVE
ANNUAL LEASE ONLY. This three-bedroom home plus OFFICE/DEN and a 3-CAR GARAGE boasts peaceful lake views. Featuring a new roof, this residence is perfectly situated in a highly desirable school district. Enjoy an open plan great room with soaring ceilings, a wood-burning fireplace, and sliding doors to a screened lanai. Open plan kitchen is at the heart of this home, overlooking the great room and with direct access to a separate dining room. The home’s architectural details elevate it further, from high ceilings to rounded drywall corners, plantation shutters and decorative niches in the hallway, rotunda and dining room. Small backyard. Covington Place is a charming, deed-restricted community. Walking distance to elementary and middle schools, and easy access to I-75, shopping, and dining. Just 8 miles to Siesta Key’s world-famous beaches.
Facts & features
The home at a glance
3
Bedrooms
2
Bathrooms
2,178
Sqft
0.15 ac
Lot size
3
Garage
2001
Year built
One
Levels
$1
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Principal and interest plus estimated taxes and insurance. Run your own numbers below.
$180 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:

Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$180/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Estimates only — taxes at 1.1%/yr and typical insurance; your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
$/sqft vs Sarasota actives
$1 vs $343
Days on market
77 vs 61 typical
Where $1/sqft sits among the 400 Sarasota actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Covington Place
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Sarasota. See the full Sarasota guide →
Covington Place — neighborhood snapshot
Population
1,016
Median age
38
Median income
$96,250
Median home value
$393,900
Avg household
3
Households w/ children
172
For the school run
Sarasota County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Sarasota market
$475K → $493K
Sarasota median sold, yr/yr
95.2%
Sale-to-list ratio (12 mo)
159 of 400
Sarasota actives have cut their price
Median sold price, Sarasota, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 99% below the SARASOTA 34233 median. See the full Sarasota market guide →
Paper trail
This home's history
Reality check
What actually sold near 5453 NEW COVINGTON DRIVE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Dec ’25$495,000
5418 NEW COVINGTON DRIVE · same community
3 bd · 2 ba · 1,721 sqft · $288/sqft · 62 DOM
Sold · Feb ’26$615,000
4983 OLDHAM STREET
4 bd · 2 ba · 2,213 sqft · $278/sqft · 71 DOM
Sold · Nov ’25$560,000
4918 AVON LANE
3 bd · 2 ba · 2,222 sqft · $252/sqft · 3 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Kevin Johnson
CEO & Managing Broker · CENTURY 21 Edge
Tours, negotiation, and every question about 5453 NEW COVINGTON DRIVE — start here.

Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 5453 NEW COVINGTON DRIVE — before you fall in love.
See it in person
Schedule a tour
Live availability from Kevin's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
5453 NEW COVINGTON DRIVE FAQs
What would the monthly payment be for 5453 NEW COVINGTON DRIVE?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $180/mo — principal and interest, estimated property taxes and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
Are pets allowed at 5453 NEW COVINGTON DRIVE?+
The listing reports pets: Dogs OK. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Sarasota?+
At $2,800, this home is listed about 100% below the Sarasota median of $569,000. The market section on this page shows how the area is trending.
Which schools are assigned to 5453 NEW COVINGTON DRIVE?+
Ashton Elementary School (elementary), Sarasota Middle School (middle), Riverview High School (high) — Sarasota County School District. Always verify school assignments with the district before relying on them.
The brief
Three things that matter here
01Under the SARASOTA 34233 market on paper
$2,800 is 99% below the SARASOTA 34233 median of $294,900, and at $1/sqft it sits under the Sarasota average of $497.
02Strong assigned schools
Ashton Elementary School, Sarasota Middle School, Riverview High School — Ashton Elementary School rates 5 of 5. Always verify assignments with the district.
03The price has already moved
Listed at $3,000, now $2,800 — a $200 cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of COLDWELL BANKER REALTY · Patricia Tan. MLS #A4694454.
IDX information is provided exclusively 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. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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