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For salePrice cut: $525K (3/11)
$4,475,000
4beds
5,222sqft

1500 Caribbean Dr, Sarasota, FL 34231

4beds
5,222sqft
Single family residence
Built in 2009
0.35 Acres
3 Attached garage spaces
$857 price/sqft

What's special

One-year-old metal roofSweeping open-water viewsExpansive waterfront yard

Offered at a new price - $525,000 less! Positioned at the end of a quiet cul-de-sac, this exceptional bayfront residence is a haven for boaters and sunset enthusiasts alike. Set directly at end of a peninsula on the Intracoastal Waterway, the home enjoys sweeping open-water views and effortless access to the ...

70 days
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1,087
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50
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Source: Stellar MLS,MLS#: A4678685MLS LogoOriginating MLS: Sarasota - Manatee
Travel times

Family Room

Kitchen

Primary Bedroom

Zillow last checked: 7 hours ago

Listing updated: March 11, 2026 at 03:30pm

Listing Provided by:

Judie Berger 941-928-3424,

PREMIER SOTHEBY'S INTERNATIONAL REALTY 941-364-4000,

Ryan Evans 941-894-7577,

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Source: Stellar MLS,MLS#: A4678685MLS LogoOriginating MLS: Sarasota - Manatee

Facts & features

Interior

Bedrooms & bathrooms
  • Bedrooms: 4
  • Bathrooms: 7
  • Full bathrooms: 4
  • 1/2 bathrooms: 3
Rooms
  • Room types: Breakfast Room Separate, Family Room, Dining Room, Living Room, Utility Room
Primary bedroom
  • Features: Walk-In Closet(s)
  • Level: Third
  • Area: 288 Square Feet
  • Dimensions: 18x16
Bedroom 2
  • Features: Walk-In Closet(s)
  • Level: Second
  • Area: 234 Square Feet
  • Dimensions: 18x13
Bedroom 3
  • Features: Walk-In Closet(s)
  • Level: Second
  • Area: 264.56 Square Feet
  • Dimensions: 20.75x12.75
Bedroom 4
  • Features: Walk-In Closet(s)
  • Level: First
  • Area: 224 Square Feet
  • Dimensions: 16x14
Primary bathroom
  • Level: Third
  • Area: 260 Square Feet
  • Dimensions: 20x13
Dinette
  • Level: First
  • Area: 99 Square Feet
  • Dimensions: 11x9
Dining room
  • Level: First
  • Area: 182 Square Feet
  • Dimensions: 14x13
Family room
  • Level: First
  • Area: 272 Square Feet
  • Dimensions: 17x16
Foyer
  • Level: First
  • Area: 225 Square Feet
  • Dimensions: 15x15
Kitchen
  • Level: First
  • Area: 345 Square Feet
  • Dimensions: 23x15
Living room
  • Level: First
  • Area: 252 Square Feet
  • Dimensions: 18x14
Media room
  • Level: Third
  • Area: 251.25 Square Feet
  • Dimensions: 16.75x15
Heating
  • Central, Electric, Propane, Zoned
Cooling
  • Central Air, Zoned
Appliances
  • Included: Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Gas Water Heater, Microwave, Refrigerator, Tankless Water Heater, Washer, Wine Refrigerator
  • Laundry: Inside, Laundry Room
Features
  • Built-in Features, Cathedral Ceiling(s), Ceiling Fan(s), Crown Molding, Eating Space In Kitchen, Kitchen/Family Room Combo, PrimaryBedroom Upstairs, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Tray Ceiling(s), Walk-In Closet(s)
  • Flooring: Carpet, Engineered Hardwood, Tile
  • Doors: French Doors, Outdoor Grill, Outdoor Kitchen
  • Windows: Storm Window(s)
  • Has fireplace: Yes
  • Fireplace features: Electric, Insert
Interior area
  • Total structure area: 6,977
  • Total interior livable area: 5,222 sqft
Video & virtual tour

Property

Parking
  • Total spaces: 3
  • Parking features: Driveway, Garage Door Opener, Ground Level
  • Attached garage spaces: 3
  • Has uncovered spaces: Yes
Features
  • Levels: Three Or More
  • Stories: 3
  • Patio & porch: Covered, Front Porch, Rear Porch
  • Exterior features: Balcony, Garden, Irrigation System, Outdoor Grill, Outdoor Kitchen
  • Has private pool: Yes
  • Pool features: Gunite, Heated, In Ground, Lighting, Salt Water
  • Has spa: Yes
  • Spa features: Heated
  • Fencing: Other
  • Has view: Yes
  • View description: Garden, Water, Bay/Harbor - Full, Intracoastal Waterway
  • Has water view: Yes
  • Water view: Water,Bay/Harbor - Full,Intracoastal Waterway
  • Waterfront features: Bay/Harbor, Bay/Harbor Access, Gulf/Ocean Access, Gulf/Ocean to Bay Access, Intracoastal Waterway Access, Bridges - No Fixed Bridges, Lift
  • Body of water: SARASOTA BAY
Lot
  • Size: 0.35 Acres
  • Features: Cul-De-Sac, Flood Insurance Required, In County, Landscaped
  • Residential vegetation: Mature Landscaping, Trees/Landscaped
Details
  • Parcel number: 0110070011
  • Zoning: RSF1
  • Special conditions: None

Construction

Type & style
  • Home type: SingleFamily
  • Architectural style: Florida
  • Property subtype: Single Family Residence
Materials
  • Block, Concrete, Stucco
  • Foundation: Stem Wall
  • Roof: Metal
Condition
  • New construction: No
  • Year built: 2009

Utilities & green energy

  • Sewer: Aerobic Septic
  • Water: Public
  • Utilities for property: Cable Connected, Electricity Connected, Water Connected

Community & HOA

Community
  • Security: Security System
  • Subdivision: CORAL COVE
HOA
  • Has HOA: No
  • Pet fee: $0 monthly
Location
  • Region: Sarasota

Financial & listing details

  • Price per square foot: $857/sqft
  • Tax assessed value: $3,209,000
  • Annual tax amount: $21,155
  • Date on market: 1/23/2026
  • Cumulative days on market: 59 days
  • Listing terms: Cash,Conventional
  • Ownership: Fee Simple
  • Total actual rent: 0
  • Electric utility on property: Yes
  • Road surface type: Paved, Asphalt

Price history

DateEventPrice
3/11/2026Price change$4,475,000-10.5%$857/sqft
Source: Stellar MLS #A4678685 Report a problem
1/24/2026Listed for sale$5,000,000+344.4%$957/sqft
Source: Stellar MLS #A4678685 Report a problem
5/12/2008Sold$1,125,000-39.2%$215/sqft
Source: Public Record Report a problem
2/15/2006Sold$1,850,000+242.6%$354/sqft
Source: Public Record Report a problem
10/1/1999Sold$540,000$103/sqft
Source: Public Record Report a problem

Public tax history

YearProperty taxesTax assessment
2025$21,155 +2.7%$1,772,715 +2.9%
2024$20,603 +2.9%$1,722,755 +3%
2023$20,030 +2.4%$1,672,578 +3%
2022$19,562 -0.3%$1,623,862 +3%
2021$19,612 -0.7%$1,576,565 +1.4%
2020$19,754 +2.8%$1,554,798 +2.3%
2019$19,209 $1,519,842 +1.9%
2018$19,209 +1.8%$1,491,503 +2.1%
2017$18,875 -0.2%$1,460,826 -37%
2016$18,908 $2,319,700 +28.9%
2015$18,908 +0.3%$1,799,500 +31.5%
2014$18,848 0%$1,368,700
2013$18,854 -6.8%$1,368,700 -7.9%
2012$20,233 +4.7%$1,485,794 +3%
2011$19,322 -1.4%$1,442,518 +1.5%
2010$19,594 +54.2%$1,421,200 +44.4%
2009$12,711 $983,900 -1.7%
2008$12,711 -42.9%$1,001,000 -41.7%
2007$22,260 $1,715,900 +176.7%
2006-- $620,237 +3%
2005-- $602,172 +3%
2004$8,697 -1.2%$584,633 +1.9%
2003$8,803 +3.4%$573,732 +2.4%
2002$8,515 +7.4%$560,285 +1.6%
2001$7,932 +2.5%$551,462 +3%
2000$7,740 $535,400

Find assessor info on the county website

Monthly payment

Est. payment
$26,977/mo
Principal & interest
$22241
Property taxes
$4736
More affordability tools

    Estimated market value

    $4,125,700

    $3.92M - $4.33M

    $8,310/mo

    Climate risks

    Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.

    Neighborhood: 34231

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Gulf Gate Elementary
    • Middle: Sarasota Middle
    • High: Riverview High

    Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.