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1500 CARIBBEAN DRIVE

House Active With Contract
$4,250,000

BTC: 69.21824104

ETH: 2,434.13516609

-$750K (2026/05/02)
129 days
Waterfront
4 bds
4 ba
5,222 sqft

Overview

Under contract-accepting backup offers. Substantial price change, $750,000 less. Positioned at the end of a quiet cul-de-sac, this exceptional bayfront residence is a haven for boaters and sunset enthusiasts alike. Set directly at end of a peninsula on the Intracoastal Waterway, the home enjoys sweeping open-water views and effortless access to the Gulf, while capturing breathtaking, mango-hued sunsets that paint the sky each evening. Designed to fully embrace its remarkable waterfront setting, the home offers gracious formal living and dining rooms alongside a warm and inviting family room with fireplace, seamlessly open to a chef’s kitchen appointed with high-end appliances and generous workspace, ideal for entertaining against a backdrop of ever-changing bay views. Walls of glass invite the outdoors in, opening to a terrace-style balcony overlooking the water, where evenings unfold with glowing skies and gentle bay breezes. From the terrace-style balcony, the home transitions naturally down to a resort-style bayfront heated pool and spa, and expansive waterfront yard, creating a stunning setting for alfresco dining, relaxation and waterfront gatherings. Boaters will appreciate the private bayfront dock and lift, protected Intracoastal waters ideal for kayaking and paddleboarding, and daily encounters with dolphins and abundant marine life, all enjoyed right from the comfort of home. The primary bedroom suite encompasses the entire top floor, creating a private sanctuary above it all. Thoughtfully designed for tranquility and privacy, the suite features expansive bay views, a private balcony positioned for sunset watching and a spa-inspired bath designed for relaxation. This serene retreat offers an owner’s haven, secluded, elevated, and immersed in the beauty of the surrounding water and sky. Offering four bedrooms, four full baths and three additional half baths, the residence provides exceptional comfort and flexibility for family and guests. A three-car garage and a one-year-old metal roof complete the home, balancing refined elegance with everyday functionality. Quietly tucked away in Sarasota’s sought-after Coral Cove neighborhood, yet moments from world-famous Siesta Beach and Sarasota’s cultural, dining, and coastal attractions, this exceptional estate delivers an extraordinary waterfront lifestyle, where boating, sunsets and refined living come together in harmony. Tranquil, elegant and undeniably special.

Location

Details

Type:
Residential
Parking:
Driveway / Garage Door Opener / Ground Level
Year Built:
2009
Lot:
0.35 Acres
Heating:
Central / Electric / Propane / Zoned
Price/sqft:
$814
Cooling:
Central Air / Zoned
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$3,997,500
$2.5M – $6.6M
Confidence Low
List vs. estimate
$252K above estimate
List $4,250,000 · +6.3%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$813
+147.2% vs. city median $329
Based on
6 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$21,155
2025
Pool
Gunite
View
Garden, Water
Waterfront
Bay/Harbor
Garage
3 car garage
Pets
Allowed
All facts and features
  • Flooring

    • Carpet

    • Engineered Hardwood

    • Tile

    Heating

    • Central

    • Electric

    • Propane

    • Zoned

    Cooling

    • Central Air

    • Zoned

    Appliances

    • Built-In Oven

    • Cooktop

    • Dishwasher

    • Disposal

    • Dryer

    • Electric Water Heater

    • Gas Water Heater

    • Microwave

    • Refrigerator

    • Tankless Water Heater

    • Washer

    • Wine Refrigerator

    Other interior features

    • Built-in Features

    • Cathedral Ceiling(s)

    • Ceiling Fan(s)

    • Crown Molding

    • Eating Space In Kitchen

    • Kitchen/Family Room Combo

    • PrimaryBedroom Upstairs

    • Solid Wood Cabinets

    • Split Bedroom

    • Stone Counters

    • Thermostat

    • Tray Ceiling(s)

    • Walk-In Closet(s)

    Bedrooms and bathrooms

    • Bedrooms: 4

    • Bathrooms: 3

    • Full bathrooms: 4

  • Parking

    • Driveway

    • Garage Door Opener

    • Ground Level

    Property

    • Levels: Three Or More

    • Pool Private: Yes

    • Exterior Features: Balcony / French Doors / Garden / Irrigation System / Outdoor Grill / Outdoor Kitchen

    Lot

    • Lot: 0.35 Acres

    Other Property Information

    • Parcel Number: 0110070011

    • Zoning: RSF1

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Cable Connected

    • Electricity Connected

    • Water Connected

  • Other financial information

    • Annual tax amount: $21,155

  • Source details

    • MLS ID: A4678685

    Other facts

    • Construction Materials: Block / Concrete / Stucco

    • Foundation Details: Stem Wall

    • Fireplace Features: Electric / Insert

    • Laundry Features: Inside / Laundry Room

    • Lot Features: Cul-De-Sac / Flood Insurance Required / In County / Landscaped

    • Patio And Porch Features: Covered / Front Porch / Rear Porch

    • Pool Features: Gunite / Heated / In Ground / Lighting / Salt Water

    • Window Features: Storm Window(s)

    • Direction Faces: East

    • Architectural Style: Florida

    • Waterfront: Yes

    • Fireplace: Yes

    • Water Body Name: SARASOTA BAY

    • Garage Spaces: 3

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 5222

    • Water Source: Public

    • Lot Size Dimensions: 151 x 130 x 157 x 80

    • Subdivision Name: CORAL COVE

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: PREMIER SOTHEBY'S INTERNATIONAL REALTY