by Global Lifestyle Properties

See Home Value
34231 Coral Cove
1525 Caribbean DRIVE
$2,525,000
● House - Off Market

1525 Caribbean DRIVE

SARASOTA, FL 34231
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,230 Ft²
$2,831,628
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model

About This Property

Mesmerizing bay vistas leave you captivated throughout this renovated Florida ranch-style home appreciating a mid-century modern design. All your Gulf Coast wishes are granted as you live the ideal waterfront lifestyle in desirable comforts meant for relaxation, day-to-day living, and entertaining. The grand open concept showcases the great room floorplan where guests flow from the living room to the enclosed Florida room for dining and onto the lanai for the true indoor-outdoor experience. Generously sized and well-equipped, the all-new galley kitchen is a playground for the family chef to craft their latest culinary feast with GE Monogram appliances, double ovens and sleek modern cabinetry with soft-close.. Two bedrooms positioned for privacy from the master suite ensure the entire family has a personal domain. Your refuge of solitude is found in the spacious master suite that offers enough capacity for a work-from-home office, access to the pool and a delightfully updated en-suite bath. Family and guests will relish taking a refreshing swim in the shimmering heated pool, featuring a new wood deck and Shademaker patio umbrella, after a day on the boat before grilling the catch of the day. Feel peace of mind knowing your prized vessel is secure with a newly capped sea wall and installed dock featuring lights. Completely improved to enhance the living experience, the extensive list of upgrades includes updated bathrooms with new Kolher and Hans Grohe fixtures, Hunter Douglas blinds and electric blinds on the sliding doors, polished concrete floors throughout, Elpha closet systems, eight security cameras and an alarm system, fresh exterior paint, property fence with landscaping, and more. Not only was the renovation conducted to meet discerning buyer expectations but provide energy-efficiency needs with impact windows and doors, spray foam insulation, low voltage LED lights throughout, a whole-house HEPA filtration, new GE washer and dryer, new water heater, a water softener, HVAC system, and the list continues. Providing all your boating, privacy, and waterfront wishes, this home is a dream come true.
Unit Size
2,230 Ft²
Days on Market
35 days
Land Size
0.33 acres
Price per sqft
$1,099
Property Type
House
Property Taxes
$1,166
HOA Dues
-
Year Built
1968

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Last updated: 3 years ago (Stellar MLS #A4503818)

Price History

Date / Event Date Event Price
Jul 19, 2021 Sold
Sold
Jun 11, 2021 Listed by MICHAEL SAUNDERS & COMPANY $2,450,000
Listed by MICHAEL SAUNDERS & COMPANY
Apr 4, 2013 Sold
Sold

Property Highlights

Air Conditioning
Garage
With View

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 2010
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 3
  • Roof Shape Type: 8
  • Roof Cover Type: 4
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 2
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 552
  • Parking Space Count: 2
  • Patio Type: 69
  • Porch Type: 36
  • Pool Type: 8
  • Location Influence Type: 69

    Dimensions

  • Lot Size Square Feet: 14,200
  • Total Building Area: 2,727
  • Gross Building Area: 2,727
  • Building Area: 2,175
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,175
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 4
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CORAL COVE UNIT 2
  • Land Acres: 0000000326
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 001
  • Legal Description 1: LOT 11 CORAL COVE UNIT 2

Neighborhood

  • School District Name: Sarasota County School District
  • School Tax School District: W190 A055 F052
  • Census Tract: 002012

Zoning

  • Zoning: RSF1

Geography

  • Assessors Map Reference: 29-20
  • Account Number: 0110070014
  • Subdivision Tract Number: 1401
  • Parcel: 0110-07-0014
  • Lot: 11
  • Meridian: SEC 20 TWN 37S RNG 18E
  • Municipality: SARASOTA COUNTY
  • Latitude: 27.2438
  • Longitude: -82.5196

    Address

  • Full Address: 1525 Caribbean Dr
  • Legal Unit: 2
  • Address - House Number: 1525
  • Address - Street Name: Caribbean
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Sarasota
  • Carrier Code: C096
  • 4-Digit Zip Code: 5303
  • Zip Code: 34231

Valuation

    Tax

  • Total Area: 2,852
  • Tax Year: 2023
  • Tax Amount: $3,121,076
  • Tax Rate Code Area: 9201

    Appraisal Valuation

  • Standard Deviation: 0.1643
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 79
  • Final Value: 2,986,639
  • High Value: 3,477,388
  • Low Value: 2,495,890

    Market Valuation

  • Market Total Value: $2,665,700
  • Market Land Value: $2,177,900
  • Market Improvement Value: $487,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,665,700
  • Assessed Land Value: $2,177,900
  • Assessed Improvements Value: $487,800

    Sales

  • Current Sale Contract Date: Jul 16, 2021
  • Current Sale Recording Date: Jul 19, 2021
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021133052
  • Previous Sale Recording Date: Apr 04, 2013
  • Previous Sale Contract Date: Apr 01, 2013
  • Previous Sale Amount: $1,150,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Coral Cove


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Nearby Rentals

Unit for rent at 1741 Southwood Street, SARASOTA, FL, 34231

$4,000 /mo

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1741 Southwood Street #1741, SARASOTA, FL, 34231 Listing by Candance Amorim de Rezende, PA
Unit for rent at 3223 Rowena Street, FL, 34231

$4,170 /mo

  • 4 Beds
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3223 Rowena Street, FL, 34231 Listing by Andy Moore
Unit for rent at 1707 Southwood Street, SARASOTA, FL, 34231

$3,900 /mo

  • 2 Beds
  • 2 Baths
  • 1,164 ft²
1707 Southwood Street #1707, SARASOTA, FL, 34231 Listing by Perla Whitaker


Frequently Asked Questions

When was property at 1525 Caribbean Drive built and last sold?
The property at 1525 Caribbean Drive was built in 1968 and last sold on Jul 16, 2021 for $2,525,000.
How much is this home worth?
The estimated value of the home located at 1525 Caribbean Drive is $0.
What are some comparable homes to 1525 Caribbean Drive?
There are currently no comparable homes to 1525 Caribbean Drive.