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$469,000

8531 KARPEAL DRIVE, SARASOTA, FL 34238

3D Tour
Active134 days on market

Beds

3

Baths

2

Sq Ft

1,780 sq ft

Year Built

2011

Lot Size

0.12 acres

Garage

2

About This Property

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.

Property Overview

Property TypeResidential
Sub TypeSingle Family Residence
MLS #A4691474
StatusActive
Year Built2011
Total Rooms8
ConstructionBlock, Stucco, Wood Siding
RoofShingle
FoundationSlab
FacesSouth
SubdivisionPALMER OAKS ESTATES
CountySarasota
OwnershipFee Simple

Interior Features

InteriorCeiling Fan(s), High Ceilings, Kitchen/Family Room Combo, Open Floorplan, Solid Wood Cabinets, Stone Counters, Thermostat, Walk-In Closet(s), Window Treatments
FlooringCarpet, Ceramic Tile
AppliancesDishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator
LaundryElectric Dryer Hookup, Laundry Room, Washer Hookup
WindowsShutters
CoolingCentral Air
HeatingCentral, Electric
SecurityClosed Circuit Camera(s), Gated Community, Security Gate, Security System, Security System Owned, Smoke Detector(s)

Exterior & Lot

ExteriorHurricane Shutters, Lighting, Private Entrance, Private Yard, Sliding Doors
Lot Size0.12 acres (5,183 sq ft)
Lot FeaturesCorner Lot, In County, Landscaped, Private
Road SurfacePaved
ViewWater
0

Utilities

WaterPublic
SewerPublic Sewer
UtilitiesCable Connected, Electricity Connected, Public, Sewer Connected, Underground Utilities, Water Connected

Parking

GarageYes (2 spaces)

HOA & Community

HOAYes
HOA Fee$707 / Quarterly
Senior CommunityNo

Financial Details

List Price$469,000
Original Price$550,000
Annual Taxes$4,843 (2025)
FinancingCash, Conventional, FHA, VA Loan
ZoningRSF4
Parcel #0095130023

Schools

ElementaryAshton Elementary
MiddleSarasota Middle
HighRiverview High

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.

Location

8531 KARPEAL DRIVE, SARASOTA, FL 34238

Listing Information

OfficeGO JULIE GO
ListedApril 29, 2026

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Home Price

$469,000

20% ($93,800)
6.75%

Loan Term

Principal & Interest$2,434
Property Tax (est.)$430
Insurance (est.)$150
Total Monthly$3,013
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Nearby Schools

How to Buy This Home

Multiple financing options available for this $469,000 home in SARASOTA.

🏛️

FHA Loan

$16,415 Down

Government-backed, low down payment. Credit scores as low as 580.

🎖️

VA Loan

$0 Down

Zero down for eligible veterans, active duty, and military families.

🏦

Conventional

$23,450 Down

Traditional financing. As low as 3-5% down with good credit.

Florida Down Payment Assistance Programs

You may qualify for up to $35,000 in assistance to cover your down payment and closing costs.

Florida Hometown Heroes

Up to $35,000

First-time buyers working in FL

FL Assist

Up to $10,000

FHA, VA, or USDA borrowers

FL HLP Second Mortgage

Up to $10,000

First-time buyers, 0% deferred

Sarasota County SHIP

Varies

Income-qualifying Sarasota residents

Can You Afford This Home?

Quick check based on the 28% debt-to-income rule. Not a guarantee — just a starting point.

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Listing information is deemed reliable but not guaranteed. All measurements and data should be independently verified. This information is provided by the Stellar MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. IDX information is provided exclusively 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. Data last updated: September 10, 2026.

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