8531 Karpeal Drive

SARASOTA, FL
$ 469,000 Beds 3 Baths 2 Sq 1,780 Virtual Tour
Monthly Estimate* How much can I afford?

Virtually Staged. Nestled on a desirable corner lot in the gated Palmer Oaks community of Palmer Ranch, this beautifully maintained 3-bedroom, 2-bath home offers exceptional privacy and beautiful Florida living. The home presents in mint condition throughout, with thoughtful updates and classic charm that make it move-in ready. The traditional Florida style made of solid concrete block/stucco and panels along the front for a cottage appeal—often characterized by clean lines, practical yet elegant design suited to the subtropical climate—features a welcoming facade with well-kept landscaping that sets a beautiful first impression. A two-car garage with a durable speckled epoxy-coated floor provides secure parking and extra storage. Inside, the large open floor plan creates a bright, airy atmosphere perfect for everyday living and entertaining. The spacious kitchen boasts all GE appliances, ample counter space and ample cabinetry for storage. There is a separate laundry room with hookups. The master suite is a true retreat, complete with an ensuite bath featuring both a soaking tub and a separate shower, plus a large walk-in closet for ample storage. The two additional bedrooms share a full bath accessible via the hallway, offering flexibility for family, guests, or a home office. Additional highlights include: A new air conditioning system installed in 2025 for reliable year-round comfort. Hurricane shutters on the exterior for protection during strong storms. Elegant plantation shutters on the interior windows, providing privacy and excellent control over sunlight. A private screened lanai that overlooks the serene lake while maintaining a sense of seclusion and tranquility. The gated community offers a large pool and cabana with restrooms.

Active

  • Price
  • $ 469,000
  • City
  • SARASOTA
  • Bedrooms
  • 3
  • Full Bathrooms
  • 2
  • County
  • Sarasota
  • Half Bathrooms
  • 0
  • Area
  • Sarasota/Sarasota Square
  • Lot Size
  • 0.12 Acres
  • Zip
  • 34238
  • Sqr Footage
  • 1,780
  • Year Built
  • 2011
  • Taxes
  • $ 4843
  • Style
  • Traditional
  • MLS#
  • A4691474
Listed By: with . - 941-350-8378
Data Source: Stellar MLS

Features

General

Sewer Public Sewer
Heating Central,Electric
Cooling Central Air
Utilities Cable Connected,Electricity Connected,Public,Sewer Connected,Underground Utilities,Water Connected
Possession Close Of Escrow
Roof Shingle
Appliances Dishwasher,Disposal,Electric Water Heater,Microwave,Range,Refrigerator
Zoning RSF4
HOA Fee 707
Garage Spaces 2
Association Fee Includes Pool Maintenance
Patio/Porch Features Covered,Patio,Screened
Architectural Style Traditional
Security Features Closed Circuit Camera(s),Gated Community,Security Gate,Security System,Security System Owned,Smoke Detector(s)
Construction Materials Block,Stucco,Wood Siding
Pets Allowed Cats OK,Dogs OK
Year Built 2011
View Water
Levels One
Property Subtype Single Family Residence
Tax Year 2025
Ownership Fee Simple
Community Features Association Recreation - Owned,Buyer Approval Required,Community Mailbox,Deed Restrictions,Gated Community - No Guard,Pool
Assoc Fee Paid Per Quarterly
County Sarasota
New Construction false
Property Type Residential
Association Amenities Gated,Maintenance,Pool
Attached Garage true
Subdivision Name PALMER OAKS ESTATES
Facing Direction South
Garage Y/N true
Total Rooms 8
Full Baths 2
Status Active
Directions Head south on Honore Avenue from Clark Road for a short distance (roughly 1 mile or less). Palmer Oaks will be on the east side of Honore Avenue. Drive past the main community entrance, make a U-turn at the next opportunity to access the entrance gate to the properly. Once inside the gate turn South until at 8531 Karpeal Dr. on the corner.
High School Riverview High
City SARASOTA
Association Name Palmer Oaks Estates
Senior Community Y/N false
MLS Area 34238 - Sarasota/Sarasota Square
Lot Size Units Square Feet
Lot Size Square Feet 5183
Carport Y/N false
Listing Terms Cash,Conventional,FHA,VA Loan
Elementary School Ashton Elementary
Property Attached Y/N false
Land Lease Y/N false
Tax Annual Amount 4843
Home Warranty Y/N false
Middle/Junior High School Sarasota Middle
Property Condition Completed
Additional Parcels Y/N false
Lease Considered Y/N true
AssociationName2 Palmer Oaks
Building Area Units Square Feet
Living Area Units Square Feet
Builder Name DR Horton
Standard Status Active
Occupancy Type Vacant
Tax Lot 28
Legal Description LOT 28, LESS MINERAL, RESOURCES & GROUNDWATER RIGHTS AS DESC IN ORI 2011039003, PALMER OAKS ESTATES, UNIT 1
Water View Lake
Pet Size Limit Large (61-100 Lbs.)
Minimum Lease 3 Months
Water Access Y/N false
Monthly HOA Amount 235.67
Additional Rooms Great Room,Inside Utility
Water View Y/N true
Flood Zone Code X
In Law Suite YN false
Flood Zone Code X Yes

Interior Features

Interior Amenities Ceiling Fan(s),High Ceilings,Kitchen/Family Room Combo,Open Floorplan,Solid Wood Cabinets,Stone Counters,Thermostat,Walk-In Closet(s),Window Treatments
Flooring Carpet,Ceramic Tile
Furnished Y/N Unfurnished
Common Walls Corner Unit
Air Conditioning Y/N true
Heating Y/N true
Window Features Shutters
Fireplace Y/N false
Laundry Features Electric Dryer Hookup,Laundry Room,Washer Hookup
Total Bedrooms 3
LivingAreaSource Owner
Total Baths 2

Exterior Features

Exterior Amenities Hurricane Shutters,Lighting,Private Entrance,Private Yard,Sliding Doors
Vegetation Trees/Landscaped
Lot Features Corner Lot,In County,Landscaped,Private
Water Source Public
Lot Size Area 5183
Foundation Details Slab
Building Area Total 2561
Lot Size Acres 0.12
Road Surface Type Paved
Private Pool false
Waterfront Y/N false
Covered Spaces 2
Road Frontage Type Street Paved
Road Responsibility Public Maintained Road

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Cape Coral, FL office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Ashton Elementary Elementary School
Middle School Sarasota Middle Middle School
High School Riverview High High School

Price History

4/29/2026 Listed $550,000
5/17/2026 6% - $519,519
6/20/2026 6% - $489,000
6/30/2026 4% - $469,000

Property vs Zip Code Average in 34238

Price
AVG $800K
$470K
Taxes
AVG $5,995
$4,843
Year Built
AVG 2003
2011

Areas That We Cover

8531 Karpeal Drive SARASOTA, FL is a Single Family Home for sale at $469000 with 1780 sqft and a lot size of 0.12 Acres Acre(s). 8531 Karpeal Drive SARASOTA has 3 bedrooms, 2 baths and was built in 2011. The property's zip code is 34238 which is in SARASOTA, FL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.