Neighborhood · Sarasota, Florida
Coral Cove
Waterfront living on Sarasota's coveted coastline
3
Homes for sale
$2,997,000
Median list price
$624
Avg price / sqft
10
Median days on market
Coral Cove sits among Sarasota's most established coastal enclaves, where large-lot homes and a low-key waterfront rhythm define daily life. The neighborhood keeps company with Lido Key, Indian Beach / Sapphire Shores, and the arts-driven Rosemary District, so the beach, downtown, and cultural life are all within easy reach. Homes here run big — the median footprint is just over 5,000 square feet — which draws buyers who want space and privacy close to the water.
The market is small and top-heavy right now: only 3 active listings, with a median list price of $2,997,000 that stretches from $499,900 to $5,500,000. What does sell moves quickly — a median of 10 days on market — and sellers are pulling in about 97% of asking. If you're shopping the broader Sarasota homes for sale, Coral Cove is a place where inventory is scarce and pricing rewards being ready to act.
Coral Cove is a community in Sarasota, Florida.
Quick facts
$499,900 – $5.5M price range
5,012 sqft median home
$21/mo median HOA
$12,500/mo median rent
4 sold in 12 months
Drive times
On the market now
Homes for sale in Coral Cove
$2,997,000
1707 CARIBBEAN DRIVE, SARASOTA
4 bd · 3.5 ba · 5,012 sqft
$5,500,000
1541 CARIBBEAN DRIVE, SARASOTA
5 bd · 5 ba · 6,035 sqft
$499,900$515,000
7503 STARFISH DRIVE, SARASOTA
3 bd · 2 ba · 1,383 sqft
Every active listing inside the Coral Cove boundary
Open full map search →Find your fit
Browse Coral Cove
By feature — on the live map
Where the market lives
The numbers that matter
The Coral Cove market
4
Sold, last 12 months
$830,000
Median sold price
97%
Sale-to-list ratio
What sellers actually get vs asking
29 days
Median time to sell
Coral Cove vs Sarasota
Median list price
Price per sqft
Days on market
Median sold price — 3-yr, 3-mo rolling
▲ 4.4% yr/yr
Homes sold per month
Live Stellar MLS data — every listing and closed sale inside the Coral Cove boundary. Rolling medians smooth single-month swings in small communities.
For the school run
Schools Coral Cove is zoned for
Attendance boundaries overlapping this community — always verify zoning with the district.
What it really costs
Owning here
Owning the median Coral Cove home
≈ $17,885/mo
$2,997,000 median · 20% down · 30-yr fixed at 6.9% · taxes/HOA from live listing data · insurance is a Florida estimate.
$21/mo
Median HOA
From current listings inside the boundary
$12,500/mo
Median rent
Homes for rent inside the boundary
Population
493
Median age
44
Median income
$145,556
Median home value
$655,700
Beyond the listings
Living in Coral Cove
Food & Drink
Top 5% in the U.S.Coffee Connoisseur
Morning java. Cup of Joe. Caffeine in an IV. Whatever they call it, this population loves coffee and the culture around it.
Hobbies & Interests
Top 11% in the U.S.Handcrafted
The only thing more beautiful than handmade decor? The hands that made it. This population appreciates the time and care put into one-of-a-kind pieces.
Beliefs
Top 15% in the U.S.Mindfulness & Spirituality
Seeking peace and well-being through meditation, gratitude and spirituality.
Attitudes
Top 18% in the U.S.Deal Seekers
These people are hunting discounts, contests, and promotions. The population loves a good sale, and they can't wait to share their bargain finds and winnings with friends and family.
Hobbies & Interests
Top 20% in the U.S.Bookish
Always seeking the next book, article, or poem to read, this activity is prevalent in areas where reading is a way of life. Although a solo activity, the expression of the love of books is a bonding, communal experience.
Culture
Top 21% in the U.S.Artistic Appreciation
Galleries, city murals, and skillful latte art gets this population excited. They're always on the lookout for creative expression.
Straight answers
Coral Cove FAQs
Is Coral Cove a good place to live?+
It's a strong fit for buyers who want large homes near the water without giving up access to Sarasota's core. You're close to Lido Key beaches and downtown culture, and homes here tend to sit on generous lots with a quiet, residential feel. Assigned schools include Gulf Gate Elementary, Brookside Middle, and Riverview High.
Is Coral Cove expensive?+
Yes — it skews high-end, with a median list price of $2,997,000 and current asks reaching $5,500,000. That said, the range starts at $499,900, so there's more spread than the median suggests. At roughly $624 per square foot, you're paying for both location and the neighborhood's larger home sizes.
What do homes cost in Coral Cove?+
Over the last 12 months, 4 homes sold at a median price of $830,000, while today's 3 active listings carry a much higher median of $2,997,000. The gap reflects how few homes trade here and how much the mix varies. Expect to budget around $624 per square foot for a typical property.
How is the market in Coral Cove?+
It's tight and quick — just 3 homes are active, and the median days on market is only 10. Sellers are averaging about 97% of their asking price, so there's little room for lowball offers on well-priced listings. Compared to the wider Sarasota homes for sale, this is a low-inventory pocket that rewards preparation.
What about HOA fees and property taxes?+
HOA costs are minimal here, with a median around $21 per month. Property taxes are the bigger line item — the median runs about $22,351 per year, which tracks with the neighborhood's higher home values. Budget accordingly when you're comparing carrying costs across nearby areas like Indian Beach / Sapphire Shores.
Keep exploring
More Sarasota neighborhoods
Neighborhood boundary by edgeAI; listings matched to the polygon. 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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