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1541 CARIBBEAN DRIVE

House For Sale
$5,500,000

BTC: 91.66666667

ETH: 3,150.05727377

New
Waterfront
5 bds
4 ba
6,035 sqft

Overview

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.

Location

Florida • SARASOTA • 34231 • House • For Sale • Waterfront

Details

Type:
Residential
Parking:
Driveway / Oversized / Split Garage
Year Built:
2004
Lot:
0.45 Acres
Heating:
Central / Electric
Price/sqft:
$911
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$5,750,000
$3.1M – $6.6M
Confidence Low
List vs. estimate
$250K below estimate
List $5,500,000 · -4.3%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$911
+178.8% vs. city median $326
Based on
6 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$41,012
2025
Pool
In Ground
Waterfront
Bay/Harbor
Garage
4 car garage
Pets
Allowed
All facts and features

  • Flooring

    • Carpet

    • Ceramic Tile

    • Travertine

    • Hardwood

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    Appliances

    • Bar Fridge

    • Cooktop

    • Dishwasher

    • Disposal

    • Dryer

    • Electric Water Heater

    • Exhaust Fan

    • Freezer

    • Microwave

    • Range Hood

    • Washer

    • Wine Refrigerator

    Other interior 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

    Bedrooms and bathrooms

    • Bedrooms: 5

    • Bathrooms: 2

    • Full bathrooms: 4

  • Parking

    • Driveway

    • Oversized

    • Split Garage

    Property

    • Levels: Two

    • Pool Private: Yes

    • Exterior Features: Balcony / Hurricane Shutters / Irrigation System / Outdoor Grill / Outdoor Kitchen / Outdoor Shower / Sliding Doors

    Lot

    • Lot: 0.45 Acres

    Other Property Information

    • Parcel Number: 0110070016

    • Zoning: RSF1

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Cable Available

    • Electricity Connected

    • Phone Available

    • Sewer Connected

    • Sprinkler Recycled

    • Water Connected

  • Other financial information

    • Annual tax amount: $41,012

  • Source details

    • MLS ID: A4695466

    Other facts

    • Construction Materials: Stucco

    • Foundation Details: Slab

    • Fireplace Features: Living Room

    • Laundry Features: Inside / Laundry Room

    • Pool Features: In Ground

    • Direction Faces: Southeast

    • Waterfront: Yes

    • Fireplace: Yes

    • Water Body Name: SARASOTA BAY

    • Garage Spaces: 4

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 6035

    • Water Source: Public

    • Subdivision Name: CORAL COVE

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
34231
364
median $462K
Active
Same city
SARASOTA
3,166
median $599K
Active
Same type
House
1,609
median $719K
Active
Similar price
$3.8M – $7.2M
173
median $5.0M
Active

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: COLDWELL BANKER REALTY