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5500 MERRIMAC DRIVE

House For Sale
$1,685,000

BTC: 27.44299674

ETH: 965.06300115

-$85K (2026/04/17)
94 days
Waterfront
4 bds
4 ba
2,790 sqft

Overview

Live the Ultimate Florida Lifestyle in This Waterfront Paradise! Nestled in the heart of Phillippi Gardens, this extraordinary property offers the perfect blend of tranquility, luxury, and convenience. Set on an OVERSIZED .61-ACRE LOT WITH OVER 400 FEET OF PRIVATE WATER FRONTAGE. Along two serene waterways just off Phillippi Creek, this home is a true tropical oasis—peaceful and secluded, yet minutes from everything Sarasota has to offer. Inside, the residence showcases a flexible layout with FOUR SPACIOUS BEDROOMS, some easily adaptable for office, studio, or guest use, and FOUR FULL BATHROOMS making it ideal for hosting loved ones and guests. The interior has been thoughtfully updated from 2017 through 2024 blending modern comfort with timeless charm. Interior Highlights Include: An expansive great room with a DUAL-SIDED WOOD-BURNING FIREPLACE, a gourmet kitchen featuring stainless steel appliances, farmhouse sink and pot filler. Three bedrooms on the main level, including one en-suite, and a second-floor master suite with a PRIVATE BALCONY OFFERING BREATHTAKING SUNRISE AND SUNSET VIEWS. Step outside and feel like you're on vacation every day. The lush, tropical grounds are packed with resort-style amenities: Tiki hut with a full bar and grill, two fire pits, five-zone low-voltage night lighting creating a magical evening ambiance, heated pool and spa, boat lift, a new boathouse (2019) and new seawall (2023/2024). Additional Upgrades: Two new A/C units (2019), septic-to-sewer conversion (2018). Tucked away at the end of a quiet cul-de-sac, this home offers privacy without sacrificing accessibility. You're just a short bike ride to the Gulf beaches, near The Landings for shopping and dining, and minutes from downtown Sarasota’s vibrant arts and culture scene.

Location

Details

Type:
Residential
Parking:
No Data
Year Built:
1974
Lot:
0.61 Acres
Heating:
Central / Electric
Price/sqft:
$604
Cooling:
Central Air / Zoned
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,685,000
$769K – $2.8M
Confidence Low
List vs. estimate
At estimate
List $1,685,000 · +0.0%
List is in line with recent comparable activity.
Price per sq ft
$603
+83.4% vs. city median $329
Based on
7 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$6,536
2025
Pool
In Ground
View
Water
Waterfront
Bayou, Canal - Saltwater
Garage
2 car garage
Pets
Allowed
All facts and features
  • Flooring

    • Carpet

    • Vinyl

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    • Zoned

    Appliances

    • Dishwasher

    • Microwave

    • Range

    • Refrigerator

    Other interior features

    • Ceiling Fan(s)

    Bedrooms and bathrooms

    • Bedrooms: 4

    • Full bathrooms: 4

  • Property

    • Levels: Two

    • Pool Private: Yes

    • Exterior Features: Balcony / Outdoor Kitchen / Sliding Doors

    Lot

    • Lot: 0.61 Acres

    Other Property Information

    • Parcel Number: 0086060021

    • Zoning: RSF2

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Cable Connected

    • Electricity Connected

  • Other financial information

    • Annual tax amount: $6,537

  • Source details

    • MLS ID: A4684914

    Other facts

    • Construction Materials: Stucco

    • Foundation Details: Slab

    • Fireplace Features: Wood Burning

    • Laundry Features: Inside

    • Lot Features: Cul-De-Sac

    • Pool Features: In Ground

    • Direction Faces: Southwest

    • Waterfront: Yes

    • Fireplace: Yes

    • Water Body Name: PHILLIPPI CREEK

    • Garage Spaces: 2

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 2790

    • Water Source: Public

    • Subdivision Name: PHILLIPPI GARDENS 08

Private inquiry
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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: COLDWELL BANKER REALTY