David Ramirez
$1,675,000$1,999,5006 bd5.5 ba4,277 sqft$392 /sqft$11,055 /mo all-in ↓

1516 FOX CREEK DRIVE, SARASOTA, FL, 34240

Active145 days on marketListed Mar 11, 2026MLS #A4683593

Reduced $325KPrivate poolSingle Family ResidenceFOX CREEK ACRES

About this home

1516 FOX CREEK DRIVE

One or more photo(s) has been virtually staged. 3 HOMES for the Price of ONE... A Rare Opportunity with unmatched value to Own Three Distinct Residences on One Exceptional Property. This 5+ acre homesite has NO HOA, NO CDD's and NO DEED RESTRICTIONS providing you the freedom to tailor the property to your personality. This is a true MULTI-GENERATIONAL and/or INCOME PRODUCING OPPORTUNITY! Two separate 3BR/2BA Homes + an additional 2BR/2BA Apartment. Each of the homes enjoys its own private entrance, separate driveway and its own garage ~ allowing households to live side by side while maintaining independence. This property is positioned in the most dynamic growth corridor of Sarasota County! Just minutes to the newest LAKEWOOD RANCH WATERSIDE ~ where premier shopping, exceptional dining and modern conveniences continue to flourish! The Workshop features a Full Bath and Laundry Room. In addition, there is another Barn which could accommodate 4+ Cars. Whether accommodating extended family, long-term guests or providing a private residence for caregivers, the thoughtful layout offers exceptional versatility. At the heart of the property, a beautiful SOLAR HEATED POOL and expansive screened lanai create an inviting backdrop for a Florida indoor/outdoor lifestyle. This outdoor retreat is positioned so both residences could enjoy easy access, making it a natural gathering place for family and guests alike. A dedicated pool bath adds convenience for swimmers and guests, keeping the indoor living areas pristine while enhancing seamless flow between indoor comfort and outdoor enjoyment. Expanding the living possibilities, perhaps you might want to consider using part or all of this property as an Airbnb or VRBO rental. The second-level apartment offers privacy with a light and airy vibe featuring an open plan and full kitchen. The unique adjoining sunroom spanning the length of the unit would be ideal for a yoga studio, game room or added entertainment space. Unlock the potential of this versatile apartment as a guest retreat, income-producing rental, inspiring studio or private office suite. The large detached pole barn adds tremendous utility, providing ample space for farm animals, boats, RVs, equipment, hobbies or workshop use, ideal for those who need room to store, build or play. Buy with confidence knowing this home has a WHOLE HOUSE GENERATOR, updated plumbing with no cast iron or copper piping. New plumbing replaced with PVC and the copper potable water pipes have been replaced with CPVC. The 4Point Inspection and Wind Mit has been completed. Homeowner's Insurance only $6700 per year! BRING your RVS, CAR COLLECTIONS & BUSINESS EQUIPMENT! There is plenty of room for a Pond, Horses, Chickens, Cows & Goats! Experience the balance of peaceful country living with an unbeatable location. Within minutes of restaurants, boutiques, farmers markets, parks and year-round events! Enjoy the breathtaking sunsets, only a short drive from your home to the award winning GULF COAST BEACHES! Just minutes to Sarasota's downtown arts, dining and cultural attractions. Whether you envision a private family compound, a multi-generational retreat, an income-producing opportunity or a flexible live-work estate, this remarkable property offers the rare combination of space, freedom and location. Schedule your private showing today and experience the endless possibilities for yourself. Welcome home to 1516 Fox Creek Dr!

Facts & features

The home at a glance

6

Bedrooms

5.5

Bathrooms

4,277

Sqft

5.2 ac

Lot size

8

Garage

1973

Year built

One

Levels

$392

Per sqft

Private poolFireplaceTrees/Woods viewPets allowed

Inside

FlooringCeramic Tile · Laminate · Tile
AppliancesBuilt-In Oven · Dishwasher · Disposal · Dryer · Electric Water Heater · Exhaust Fan · Microwave · Range · Refrigerator · Washer
InteriorCeiling Fan(s) · Eating Space In Kitchen · Open Floorplan · Primary Bedroom Main Floor · Stone Counters · Thermostat · Walk-In Closet(s) · Window Treatments
LaundryElectric Dryer Hookup
CoolingCentral Air
HeatingCentral

Outside & construction

RoofShingle
ConstructionBlock · Stucco
FoundationSlab
ViewTrees/Woods
FacesWest
ParkingBath In Garage · Circular Driveway · Driveway · Garage Door Opener · Garage Faces Side · Golf Cart Parking · Ground Level · Guest · Open · Parking Pad · RV Parking · Workshop in Garage
ExteriorFrench Doors · Private Entrance · RV Hookup · Sliding Doors · Storage

Community & fees

Taxes (2025)$14,746/yr
PetsYes
CommunityGolf Carts OK · Horses Allowed

Utilities & systems

UtilitiesCable Available · Electricity Available · Electricity Connected · Propane · Public · Water Connected
WaterWell

The numbers

What it really costs

Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.

$11,055 /mo · 10% down Conventional, 30-yr fixed at 6%

Principal & interest$9,038
PMI (est., until 20% equity)$628
Property tax — 2025 actual bill$1,229
Insurance (FL estimate)$160

The assumptions

Loan typeConventionalDown payment10% · $167,500Loan30-yr fixed at 6%Mortgage insuranceIncludedTaxesActual bill on recordInsuranceFlorida estimate

Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.

These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:

Andrew Acosta

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Run your own numbers

Loan type

FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.

Down payment10% · $167,500
Interest rate6.00%
Loan term

Estimated payment

$11,055/mo

Principal & interest$9,038
PMI (est., until 20% equity)$628
Property taxes (actual bill)$1,229
Est. insurance$160

Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. 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

$392 vs $343

Days on market

145 vs 62 typical

Where $392/sqft sits among the 400 Sarasota actives

225
58 · this home
35
35
18
29
$158–382$382–605$605–828$828–1052$1052–1275$1275+

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 Fox Creek Acres

Map of 1516 FOX CREEK DRIVE inside its neighborhood boundary

Drive times from this address

Downtown Tampa60 min
Tampa Int’l Airport (TPA)71 min

Estimated driving times, typical traffic. Data © OpenStreetMap contributors.

Get to know Sarasota. See the full Sarasota guide →

Fox Creek Acres — neighborhood snapshot

Population

2,097

Median age

57

Median income

$133,608

Median home value

$753,200

Avg household

3

Households w/ children

116

For the school run

Sarasota County School District

ElementaryTatum Ridge Elementary School★★★★
MiddleMcIntosh Middle School★★★★★
HighBooker High School★★★★★

School assignments and ratings via edgeAI — always verify with the district.

The numbers that matter

The Sarasota market

Seller’s marketLeans seller4.6 months of inventoryBuyer’s market

$475K$495K

Sarasota median sold, yr/yr

95.2%

Sale-to-list ratio (12 mo)

153 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 166% above the SARASOTA 34240 median. See the full Sarasota market guide →

Paper trail

This home's history

CurrentPrice reduced to $1,675,000 $325K
Mar 11, 2026Listed at $1,999,500 · 145 days on market since
1973Built · FOX CREEK ACRES

Reality check

What actually sold near 1516 FOX CREEK DRIVE

Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.

7156 WILDERNESS LANESold · Apr ’26

$703,000

7156 WILDERNESS LANE · same community

3 bd · 2 ba · 3,311 sqft · $212/sqft · 80 DOM

6389 ISLA DEL RAY AVENUESold · Oct ’25

$1,486,095

6389 ISLA DEL RAY AVENUE

5 bd · 4.5 ba · 3,173 sqft · $468/sqft · 0 DOM

1429 RANCHERO DRIVESold · Feb ’26

$1,750,000

1429 RANCHERO DRIVE

5 bd · 3 ba · 3,033 sqft · $577/sqft · 175 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.

David Ramirez

Your agent

David Ramirez

Real Estate Agent · CENTURY 21 Edge

Tours, negotiation, and every question about 1516 FOX CREEK DRIVE — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for 1516 FOX CREEK DRIVE — before you fall in love.

See it in person

Schedule a tour

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Straight answers

1516 FOX CREEK DRIVE FAQs

What would the monthly payment be for 1516 FOX CREEK DRIVE?+

With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $11,055/mo — principal and interest, the actual property-tax bill 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.

What are the property taxes on 1516 FOX CREEK DRIVE?+

The most recent tax bill on record (2025) was $14,746. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.

Are pets allowed at 1516 FOX CREEK DRIVE?+

The listing reports pets: Yes. 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 $1,675,000, this home is listed about 194% above the Sarasota median of $569,945. The market section on this page shows how the area is trending.

Which schools are assigned to 1516 FOX CREEK DRIVE?+

Tatum Ridge Elementary School (elementary), McIntosh Middle School (middle), Booker High School (high) — Sarasota County School District. Always verify school assignments with the district before relying on them.

The brief

Five things that matter here

01Positioned at the premium end

$1,675,000 runs 166% above the SARASOTA 34240 median — but at 4,277 sqft it's also nearly 3 times the size of the typical Sarasota listing.

02Your own pool

A private pool — the feature Florida buyers ask for first, already in the ground and included in the price.

03Time on market is leverage

145 days on market against a Sarasota median of 62 — sellers in this position are usually ready to negotiate.

04Strong assigned schools

Tatum Ridge Elementary School, McIntosh Middle School, Booker High School — Tatum Ridge Elementary School rates 4 of 5. Always verify assignments with the district.

05The price has already moved

Listed at $1,999,500, now $1,675,000 — a $325K cut. The full history is in the market section below.

Listing courtesy of PREMIER SOTHEBY'S INTERNATIONAL REALTY · Trish Chandler. MLS #A4683593.

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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