Price Reduction - Waterfront
Address
1541 Caribbean Drive, SARASOTA, FL
Price
$ 4,950,000
Property Attributes
- MLS#A4695466
- TypeSingle Family
- Listing Status Active
- CountySarasota
- CitySARASOTA
- AreaSarasota/Gulf Gate Branch
- NeighborhoodCORAL COVE
- Zip34231
- StyleSingle Family Residence
- Year Built2004
- Taxes$ 41012
- Price$ 4,950,000
- Bedrooms5
- Full Bathrooms4
- Half Bathrooms2
- Sqr Footage6035
- Lot Size0.45 Acres
Data Source:
Stellar MLS
Property Description
Perfectly positioned on approximately 130 feet of deep sailboat water, this exceptional waterfront estate offers an extraordinary opportunity to experience the very best of Sarasota’s luxury lifestyle. Encompassing over 6,100 square feet, the residence was thoughtfully designed to balance grand-scale entertaining with comfortable everyday living. A dramatic two-story living room, sweeping staircase, extensive custom millwork, and walls of glass create a sense of timeless elegance while framing breathtaking water views throughout the home. The gourmet kitchen serves as the heart of the residence, seamlessly connecting to multiple gathering spaces and opening effortlessly to the expansive waterfront terrace. Corner sliding glass doors dissolve the boundaries between indoors and out, revealing a resort-style infinity-edge pool, summer kitchen, covered entertaining areas, and sparkling bay views beyond. The luxurious primary suite is a private waterfront retreat featuring a separate dressing room, generous dual closets, and serene water vistas. Additional guest suites provide exceptional comfort and privacy for family and visitors alike. Designed for both recreation and relaxation, the home also features a private office/library, elevator access, media and game room with full bar, and a four-car split garage. Outside, the lifestyle continues with a private dock, boat lift, fishing pier, and immediate access to Sarasota Bay. Whether enjoying sunset cruises, waterfront dining, or simply relaxing poolside while watching dolphins and boats pass by, every day feels like a vacation. Rarely does a property combine this level of space, waterfront presence, boating access, and location. Just minutes from downtown Sarasota, St. Armands Circle, and the area’s renowned beaches, this is a home designed for those who expect the very best.
| Price History | |
|---|---|
| 6/4/2026 | Listed $5,500,000 |
| 8/21/2026 | 10$4,950,000 |
General Features
| Sewer | Septic Tank |
|---|---|
| Heating | Central,Electric |
| Cooling | Central Air |
| Utilities | Cable Available,Electricity Connected,Phone Available,Sewer Connected,Sprinkler Recycled,Water Connected |
| Roof | Tile |
| Appliances | Bar Fridge,Cooktop,Dishwasher,Disposal,Dryer,Electric Water Heater,Exhaust Fan,Freezer,Microwave,Range Hood,Washer,Wine Refrigerator |
| Zoning | RSF1 |
| Garage Spaces | 4 |
| Pool Features | In Ground |
| Construction Materials | Stucco |
| Pets Allowed | Yes |
| Year Built | 2004 |
| Levels | Two |
| Property Subtype | Single Family Residence |
| Tax Year | 2025 |
| Ownership | Fee Simple |
| Waterfront Features | Bay/Harbor |
| County | Sarasota |
| New Construction | false |
| Property Type | Residential |
| Attached Garage | true |
| Subdivision Name | CORAL COVE |
| Facing Direction | Southeast |
| Garage Y/N | true |
| Total Rooms | 6 |
| Full Baths | 4 |
| Status | Active |
| Directions | US-41 (Tamiami Trail), head south past Stickney Point Road. Turn right (west) onto Caribbean Drive and continue into the Coral Cove neighborhood. Follow Caribbean Drive toward the water; the home will be on the right-hand side near the end of the street. |
| City | SARASOTA |
| Body of Water | SARASOTA BAY |
| Senior Community Y/N | false |
| MLS Area | 34231 - Sarasota/Gulf Gate Branch |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 19785 |
| Carport Y/N | false |
| Spa Features | In Ground |
| Land Lease Y/N | false |
| Tax Annual Amount | 41012 |
| Additional Parcels Y/N | false |
| Lease Considered Y/N | true |
| Virtual Tour | https://listings.threesixtyviews.net/sites/elvbzdno/unbranded |
| Building Area Units | Square Feet |
| Living Area Units | Square Feet |
| Standard Status | Active |
| Occupancy Type | Owner |
| Tax Lot | 13 |
| Legal Description | LOT 13 CORAL COVE UNIT 2 |
| Water View | Bay/Harbor - Full,Intracoastal Waterway |
| Water Access Type | Bay/Harbor,Intracoastal Waterway |
| Minimum Lease | 1 Month |
| Water Access Y/N | true |
| Water View Y/N | true |
| Flood Zone Code | X500 |
| In Law Suite YN | false |
| Flood Zone Code X500 | Yes |
Interior Features
| Interior Amenities | Built-in Features,Cathedral Ceiling(s),Ceiling Fan(s),Coffered Ceiling(s),Crown Molding,Eating Space In Kitchen,High Ceilings,Thermostat,Tray Ceiling(s),Walk-In Closet(s),Wet Bar |
|---|---|
| Flooring | Carpet,Ceramic Tile,Travertine,Hardwood |
| Furnished Y/N | Unfurnished |
| Fireplace Features | Living Room |
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| Fireplace Y/N | true |
| Half Baths | 2 |
| Laundry Features | Inside,Laundry Room |
| Total Bedrooms | 5 |
| LivingAreaSource | Public Records |
| Total Baths | 6 |
Exterior Features
| Exterior Amenities | Balcony,Hurricane Shutters,Irrigation System,Outdoor Grill,Outdoor Kitchen,Outdoor Shower,Sliding Doors |
|---|---|
| Vegetation | Mature Landscaping |
| Parking Features | Driveway,Oversized,Split Garage |
| Water Source | Public |
| Lot Size Area | 19785 |
| Foundation Details | Slab |
| Spa | true |
| Building Area Total | 8531 |
| Lot Size Acres | 0.45 |
| Road Surface Type | Paved |
| Private Pool | true |
| Waterfront Y/N | true |
| Covered Spaces | 4 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 34231
Price
Taxes
Year Built
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All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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.
Updated on August 21, 2026 8:58 PM UTC
