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For sale
  • $5,500,000

    1541 CARIBBEAN DRIVE, SARASOTA, FL 34231

    5beds
    6,035sqft
    : 
    $35,369/mo
    Get pre-qualified
    Single Family Residence
    Built in 2004
    0.45 Acres Lot
    $-- Zestimate®
    $911/sqft
    $-- HOA

    What's special

    Elevator accessBoat liftPrivate dockFour-car split garageFishing pierSummer kitchenExtensive custom millwork
    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.
    73 days
    |
    1,025
    |
    51
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Daria Fairchild 941-650-7207,

    COLDWELL BANKER REALTY 941-366-8070

    Source: Stellar MLS,MLS#: A4695466MLS LogoOriginating MLS: Sarasota - Manatee

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 6
      • Full bathrooms: 4
      • 1/2 bathrooms: 2
      Other
      • Features: Walk-In Closet(s)
      • Level: Second
      • Area: 224 Square Feet
      • Dimensions: 14x16
      Primary bedroom
      • Features: Walk-In Closet(s)
      • Level: First
      • Area: 294 Square Feet
      • Dimensions: 14x21
      Primary bathroom
      • Features: Tub with Separate Shower Stall
      • Level: First
      Dining room
      • Level: First
      • Area: 195 Square Feet
      • Dimensions: 13x15
      Kitchen
      • Features: Breakfast Bar, Kitchen Island, Pantry
      • Level: First
      • Area: 304 Square Feet
      • Dimensions: 16x19
      Living room
      • Level: First
      • Area: 340 Square Feet
      • Dimensions: 17x20
      Heating
      • Central, Electric
      Cooling
      • Central Air
      Appliances
      • Included: Bar Fridge, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Freezer, Microwave, Range Hood, Washer, Wine Refrigerator
      • Laundry: Inside, Laundry Room
      Features
      • 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
      • Doors: Outdoor Grill, Outdoor Kitchen, Outdoor Shower, Sliding Doors
      • Windows: Hurricane Shutters
      • Has fireplace: Yes
      • Fireplace features: Living Room
      Interior area
      • Total structure area: 8,531
      • Total interior livable area: 6,035 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 4
      • Parking features: Driveway, Oversized, Split Garage
      • Attached garage spaces: 4
      • Has uncovered spaces: Yes
      Features
      • Levels: Two
      • Stories: 2
      • Exterior features: Balcony, Irrigation System, Outdoor Grill, Outdoor Kitchen, Outdoor Shower
      • Has private pool: Yes
      • Pool features: In Ground
      • Has spa: Yes
      • Spa features: In Ground
      • Has view: Yes
      • View description: Bay/Harbor - Full, Intracoastal Waterway
      • Has water view: Yes
      • Water view: Bay/Harbor - Full,Intracoastal Waterway
      • Waterfront features: Bay/Harbor, Bay/Harbor Access, Intracoastal Waterway Access, Bridges - No Fixed Bridges, Fishing Pier, Lift, Sailboat Water, Seawall
      • Body of water: SARASOTA BAY
      Lot
      • Size: 0.45 Acres
      • Residential vegetation: Mature Landscaping
      Details
      • Parcel number: 0110070016
      • Zoning: RSF1
      • Special conditions: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Stucco
      • Foundation: Slab
      • Roof: Tile
      Condition
      • New construction: No
      • Year built: 2004

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Public
      • Utilities for property: Cable Available, Electricity Connected, Phone Available, Sewer Connected, Sprinkler Recycled, Water Connected

      Community & HOA

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

      Financial & listing details

      • Price per square foot: $911/sqft
      • Tax assessed value: $3,447,700
      • Annual tax amount: $41,012
      • Date on market: 6/4/2026
      • Cumulative days on market: 16 days
      • Ownership: Fee Simple
      • Total actual rent: 0
      • Electric utility on property: Yes
      • Road surface type: Paved

        Foreclosure details

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/4/2026Listed for sale$5,500,000+91.3%$911/sqft
        Source: Stellar MLS #A4695466 Report a problem
        8/6/2018Sold$2,875,000-7.3%$476/sqft
        Source: Public Record Report a problem
        4/12/2018Pending sale$3,100,000$514/sqft
        Source: Michael Saunders & Company - Licensed Real Estate Broker #A4215465 Report a problem
        4/7/2018Listed for sale$3,100,000+40.9%$514/sqft
        Source: Michael Saunders & Company - Licensed Real Estate Broker #A4215465 Report a problem
        5/29/2013Sold$2,200,000-12%$365/sqft
        Source: Public Record Report a problem
        3/9/2013Price change$2,499,900-16.5%$414/sqft
        Source: Coldwell Banker Residential Real Estate - Longboat Key #A3968463 Report a problem
        1/15/2013Price change$2,995,000-9.1%$496/sqft
        Source: Coldwell Banker Residential Real Estate - Longboat Key #A3968463 Report a problem
        11/9/2012Listed for sale$3,295,000+3.1%$546/sqft
        Source: COLDWELL BANKER RES R E #A3968463 Report a problem
        7/5/2012Listing removed$3,195,000$529/sqft
        Source: Coldwell Banker Residential Real Estate - Longboat Key #A3951319 Report a problem
        2/15/2012Price change$3,195,000-8.6%$529/sqft
        Source: Coldwell Banker Residential Real Estate - Longboat Key #A3951319 Report a problem
        11/8/2011Listed for sale$3,495,000+232.9%$579/sqft
        Source: Coldwell Banker Residential Real Estate - Longboat Key #A3951319 Report a problem
        10/17/2001Sold$1,050,000$174/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$41,012 -1.3%$3,447,700 +9%
        2024$41,563 -8.5%$3,161,924 +10%
        2023$45,421 +12.2%$2,874,476 +10%
        2022$40,494 +35.5%$2,613,160 +10%
        2021$29,882 -0.6%$2,375,600 +1.6%
        2020$30,052 -4.1%$2,337,500 -4.7%
        2019$31,322 $2,451,700 +9.1%
        2018$31,322 +8.7%$2,246,900 -5.8%
        2017$28,819 +5.6%$2,385,700 -6.8%
        2016$27,303 $2,559,300 +28.5%
        2015$27,303 +0.2%$1,991,300 +42.6%
        2014$27,245 +41.1%$1,396,400
        2013$19,304 -7.1%$1,396,400 -8.2%
        2012$20,783 -3.5%$1,521,300 -5.2%
        2011$21,535 -6.1%$1,604,800 -3.3%
        2010$22,933 -30%$1,659,100 -14.7%
        2009$32,749 $1,945,700 -24.2%
        2008$32,749 -5.6%$2,566,300 -4.7%
        2007$34,699 $2,693,429 +2.5%
        2006-- $2,627,736 +3%
        2005-- $2,551,200 +108.9%
        2004$18,044 +18.1%$1,221,200 +22.1%
        2003$15,279 +15.9%$1,000,200 +16.3%
        2002$13,185 +136.2%$860,300 +122.7%
        2001$5,582 +2.4%$386,380 +3%
        2000$5,449 $375,126
        Find assessor info on the county website

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        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 34231

        Getting around

        27 / 100
        Car-Dependent
        24 / 100
        Minimal Transit
        35 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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