David Ramirez
$5,500,0005 bd5 ba6,035 sqft$911 /sqft$35,318 /mo all-in ↓

1541 CARIBBEAN DRIVE, SARASOTA, FL, 34231

Active51 days on marketListed Jun 4, 2026MLS #A4695466

WaterfrontPrivate poolSingle Family ResidenceCORAL COVE

About this home

1541 CARIBBEAN DRIVE

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.

Facts & features

The home at a glance

5

Bedrooms

5

Bathrooms

6,035

Sqft

0.45 ac

Lot size

4

Garage

2004

Year built

Two

Levels

$911

Per sqft

Private poolWaterfrontFireplacePets allowed

Inside

FlooringCarpet · Ceramic Tile · Travertine · Hardwood
AppliancesBar Fridge · Cooktop · Dishwasher · Disposal · Dryer · Electric Water Heater · Exhaust Fan · Freezer · Microwave · Range Hood · Washer · Wine Refrigerator
InteriorBuilt-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
LaundryInside · Laundry Room
CoolingCentral Air
HeatingCentral · Electric

Outside & construction

RoofTile
ConstructionStucco
FoundationSlab
FacesSoutheast
ParkingDriveway · Oversized · Split Garage
ExteriorBalcony · Hurricane Shutters · Irrigation System · Outdoor Grill · Outdoor Kitchen · Outdoor Shower · Sliding Doors

Community & fees

Taxes (2025)$41,012/yr
PetsYes

Utilities & systems

UtilitiesCable Available · Electricity Connected · Phone Available · Sewer Connected · Sprinkler Recycled · Water Connected
WaterPublic

The numbers

What it really costs

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

$35,318 /mo · 10% down Conventional, 30-yr fixed at 6%

Principal & interest$29,678
PMI (est., until 20% equity)$2,063
Property tax — 2025 actual bill$3,418
Insurance (FL estimate)$160

The assumptions

Loan typeConventionalDown payment10% · $550,000Loan30-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% · $550,000
Interest rate6.00%
Loan term

Estimated payment

$35,318/mo

Principal & interest$29,678
PMI (est., until 20% equity)$2,063
Property taxes (actual bill)$3,418
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

$911 vs $330

Days on market

51 vs 58 typical

Where $911/sqft sits among the 400 Sarasota actives

229
62
31
26 · this home
20
32
$153–391$391–629$629–866$866–1104$1104–1342$1342+

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 Coral Cove

Map of 1541 CARIBBEAN DRIVE inside its neighborhood boundary

Drive times from this address

Downtown Tampa70 min

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

Get to know Sarasota. See the full Sarasota guide →

Coral Cove — neighborhood snapshot

Population

493

Median age

44

Median income

$145,556

Median home value

$655,700

Avg household

3

Households w/ children

58%

For the school run

Sarasota County School District

ElementaryGulf Gate Elementary School★★★★★
HighRiverview High School★★★★
MiddleBrookside Middle School★★★★★

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

The numbers that matter

The Sarasota market

Seller’s marketBalanced6.0 months of inventoryBuyer’s market

$470K$470K

Sarasota median sold, yr/yr

95.1%

Sale-to-list ratio (12 mo)

158 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 2344% above the SARASOTA 34231 median. See the full Sarasota market guide →

Paper trail

This home's history

Jun 4, 2026Listed at $5,500,000 · 51 days on market since
2004Built · CORAL COVE

Reality check

What actually sold near 1541 CARIBBEAN DRIVE

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

10170 CREEKSIDE DRIVESold · Feb ’26

$1,100,000

10170 CREEKSIDE DRIVE · same community

3 bd · 2 ba · 3,507 sqft · $314/sqft · 100 DOM

1808 COQUINA DRIVESold · Jul ’25

$825,000

1808 COQUINA DRIVE · same community

3 bd · 2 ba · 2,277 sqft · $362/sqft · 1 DOM

7413 STARFISH DRIVESold · Oct ’25

$430,000

7413 STARFISH DRIVE · same community

4 bd · 3 ba · 2,000 sqft · $215/sqft · 6 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 1541 CARIBBEAN 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 1541 CARIBBEAN DRIVE — before you fall in love.

See it in person

Schedule a tour

Pick a day that works — this goes straight to David's phone and CRM.

Goes straight to David’s phone and CRM.

Straight answers

1541 CARIBBEAN DRIVE FAQs

What would the monthly payment be for 1541 CARIBBEAN DRIVE?+

With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $35,318/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 1541 CARIBBEAN DRIVE?+

The most recent tax bill on record (2025) was $41,012. 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 1541 CARIBBEAN 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 $5,500,000, this home is listed about 865% above the Sarasota median of $570,000. The market section on this page shows how the area is trending.

Which schools are assigned to 1541 CARIBBEAN DRIVE?+

Gulf Gate Elementary School (elementary), Riverview High School (high), Brookside Middle School (middle) — Sarasota County School District. Always verify school assignments with the district before relying on them.

The brief

Three things that matter here

01Positioned at the premium end

$5,500,000 runs 2344% above the SARASOTA 34231 median — but at 6,035 sqft it's also nearly 4 times the size of the typical Sarasota listing.

02Waterfront living

This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.

03Strong assigned schools

Gulf Gate Elementary School, Riverview High School, Brookside Middle School — Riverview High School rates 4 of 5. Always verify assignments with the district.

Listing courtesy of COLDWELL BANKER REALTY · Daria Fairchild. MLS #A4695466.

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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