NOT LISTED FOR SALE

1605 Caribbean Dr Sarasota, FL 34231

Coral Cove/Holiday Harbor Neighborhood

Estimated Value: $3,821,000 - $4,769,278

3 Beds
5 Baths
4,200 Sq Ft
$1,050/Sq Ft Est. Value

Last Sold February 09, 2022

Last sale price $4,700,000 $1,119 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $26,761/month

1 Day on Market

Highlights

  • Boat Ramp
  • Property fronts an intracoastal waterway
  • Open Floorplan
  • Riverview High School Rated A
  • In Ground Pool
  • 3-minute walk to Coral Cove Park

About This Home

As of February 2022

Showstopping views overlooking Little Sarasota Bay on prominent Caribbean Drive. This exceptional residence features spectacular views with a single level floor plan. Poised West of the Trail this magnificent home is a statement capturing picturesque views of the bay and intracoastal waterway. Welcoming entry showcases the home’s high ceilings, open floor plan and views! Updated spaces with timeless selections make this home warm and inviting. The large kitchen is fully updated with abundant cabinet space, two islands, pantry and room for entertaining. The split floor plan lives large with separate office and bonus/games room featuring bar. Extensively renovated throughout to include updated bathrooms, tile flooring throughout, new roof, three new ac systems. The outdoor spaces are expansive with multiple entertaining areas, pool and dock with boat lift. The garage is spacious with 3 bays and room for storage. Rarely available Caribbean drive is the most desirable peninsula on Sarasota’s mainland. Video tour available https://player.vimeo.com/video/573794623

Last Agent to Sell the Property

Blair Weigel

SARASOTA PREMIER PROPERTIES License #3215067 Listed on: 01/07/2022

Last Buyer's Agent

Dion Souza

SARABAY REAL ESTATE INC License #3304623

SARABAY REAL ESTATE INC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,035

Year Built

  • Built in 1995

Lot Details

  • 0.48 Acre Lot
  • Property fronts an intracoastal waterway
  • Property Fronts a Bay or Harbor
  • Street terminates at a dead end
  • South Facing Home
  • Chain Link Fence
  • Irrigation
  • Property is zoned RSF1

Parking

  • 3 Car Attached Garage
  • Side Facing Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 4,200 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Crown Molding
  • High Ceiling
  • Ceiling Fan
  • Sliding Doors
  • Family Room
  • Separate Formal Living Room
  • Den
  • Bonus Room
  • Utility Room
  • Tile Flooring
  • Water Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Gunite Pool

Outdoor Features

  • Covered patio or porch
  • Exterior Lighting
  • Rain Gutters

Schools

  • Gulf Gate Elementary School
  • Brookside Middle School
  • Riverview High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 5 / H
  • Assessor Parcel Number 0110070019

Community Details

Overview

  • Property has a Home Owners Association
  • Coral Cove Community
  • Coral Cove Subdivision

Recreation

  • Boat Ramp

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,035

Year Built

Built in 1995

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Water Extras: Dock w/Electric, Dock w/Water Supply, Lift, Seawall - Concrete
  • Water View: Yes
  • Construction Materials: Block, Stucco
  • Living Area: 4200.00
  • Homestead: Yes
  • Lot Size Acres: 0.48
  • Year Built: 1995
  • Building Area Total: 5504.00
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4521593?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4521593?w=Customer
  • Lot Size Sq Ft: 20761
  • Building Search Sq Meters: 511.34
  • Directions to Property: From Stickney Point Road- South on Tamiami Trail, Right on Caribbean Drive, Home on Right
  • Escrow State: FL
  • List Office Head Office Key Nume: 1047698
  • Status: Sold
  • Tax Year: 2021
  • Special Features: None

Interior Features

  • Room Count: 8
  • Living Area Units: Square Feet
  • Additional Rooms: Bonus Room, Den/Library/Office, Family Room, Formal Living Room Separate, Inside Utility
  • Flooring: Tile
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Crown Molding, High Ceiling(s), Master Bedroom Main Floor, Open Floorplan, Solid Surface Counters, Split Bedroom, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • Living Area Meters: 390.19
  • Street Number Modifier: 1605

Exterior Features

  • Direction Faces: South
  • Water Extras: Yes
  • Waterfront Feet Bay Harbor: 75
  • Waterfront Feet ICW: 75
  • Water Access: Bay/Harbor, Intracoastal Waterway
  • Pool Features: Gunite, In Ground
  • Exterior Features: Fenced, Irrigation System, Lighting, Rain Gutters, Sliding Doors
  • Roof: Tile
  • Water View: Bay/Harbor - Full, Intracoastal Waterway
  • Flood Zone Code: AE
  • Flood Zone Date: 07/12/2021
  • Water Access: Yes
  • Pool Private: Yes
  • View: Water
  • Water Body Name: LITTLE SARASOTA BAY
  • Waterfront: Yes
  • Patio and Porch Features: Covered
  • Road Surface Type: Asphalt

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Faces Side, Off Street

Utilities

  • Utilities: Cable Available, Electricity Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside
  • Sewer: Septic Tank
  • Water Source: Public
  • Number Of Septics: 1

Condo/Co-op/Association

  • S W Subdiv Community Name: Coral Cove
  • Community Features: Community Boat Ramp
  • Association Fee Requirement: Optional
  • Association: Yes

Fee Information

  • Waterfront Frontage: 150

Schools

  • Elementary School: Gulf Gate Elementary
  • Middle School: Brookside Middle
  • High School: Riverview High
  • Elementary School: Gulf Gate Elementary
  • High School: Riverview High
  • Middle Or Junior School: Brookside Middle

Lot Info

  • Total Acreage: 1/4 to less than 1/2
  • Zoning: RSF1
  • Parcel Number: 0110070019
  • Fencing: Chain Link
  • Lot Features: In County, Street Dead-End, Street Paved
  • Lot Size Square Meters: 1929

Rental Info

  • Minimum Lease: No Minimum
  • Additional Lease Restrictions: County may impose rental restrictions. Buyer and buyer's agent responsible to verify all information.
  • Furnished: Unfurnished
  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 23034.71
  • Tax Block: H
  • Tax Book Number: 10-7
  • Tax Lot: 5

Multi Family

  • Waterfront Features: Bay/Harbor, Intracoastal Waterway

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2022
Closed on
Feb 9, 2022
Sold by
Blair A Weigel Revocable Trust
Bought by
Baum Craig R and Singleton Lisa A
Seller's Agent
Blair Weigel
SARASOTA PREMIER PROPERTIES
Buyer's Agent
Dion Souza
SARABAY REAL ESTATE INC
List Price
$4,500,000
Sold Price
$4,700,000
Premium/Discount to List
$200,000
4.44%
Current Estimated Value
$4,158,634

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$541,366
Avg. Annual Appreciation
0.67%

Purchase Details

Closed on
Apr 26, 2018
Sold by
Albright Sandra M and Sandra M Albright Trust
Bought by
Weigel Blair A and Blair A Weigel Revocable Trust

Purchase Details

Closed on
Aug 2, 1996
Sold by
Albright Christopher R and Albright Sandra M
Bought by
Albright Sandra M
Source: Public Records

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Baum Craig R $4,700,000 Syprett Meshad Pa
Weigel Blair A $21,000 Attorney
Albright Sandra M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baum Craig R $3,000,000
Previous Owner Albright Sandra M $250,000
Previous Owner Albright Christopher R $250,000
Previous Owner Albright Sandra M $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/09/2022 02/09/22 Sold $4,700,000 +4.4% $1,119 / Sq Ft
01/08/2022 01/08/22 Pending -- -- --
01/07/2022 01/07/22 For Sale $4,500,000 -- $1,071 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $47,894 $3,268,900 $2,154,500 $1,114,400
2023 $47,894 $4,084,685 $0 $0
2022 $23,563 $1,973,003 $0 $0
2021 $23,667 $1,915,537 $0 $0
2020 $23,035 $1,823,902 $0 $0
2019 $21,601 $1,718,282 $0 $0
2018 $12,383 $976,411 $0 $0
2017 $12,341 $956,328 $0 $0
2016 $12,332 $2,022,000 $1,311,600 $710,400
2015 $12,561 $1,546,700 $924,300 $622,400
2014 $12,520 $909,128 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2022

    Blair Weigel

    SARASOTA PREMIER PROPERTIES

    (941) 400-5416

    1 in this area

    26 Total Sales

    Section Image
  • Dion Souza

    Buyer's Agent in 2022

    Dion Souza

    SARABAY REAL ESTATE INC

    (941) 302-3881

    1 in this area

    76 Total Sales

    Section Image
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Map

Source: Stellar MLS

MLS Number: A4521593

Stellar MLS

APN: 0110-07-0019

Florida Sarasota County Sarasota 34231 Coral Cove/Holiday Harbor

1605 Caribbean Dr, Sarasota, FL

This home is located at 1605 Caribbean Dr, Sarasota, FL 34231 since 07 January 2022 and is currently estimated at $4,412,093, approximately $1,050 per square foot. This property was built in 1995. 1605 Caribbean Dr is a home located in Sarasota County with nearby schools including Gulf Gate Elementary School, Riverview High School, and Brookside Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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