$1,299,000
5381 Palos Verdes Drive
Sarasota, FL 34231
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Garage spaces
Flood zone
About this home
Exceptional waterfront living on Phillippi Creek. This is a boater’s paradise with rare, unobstructed access to Phillippi Creek. This exceptional waterfront property offers 202 feet of solid seawall with no mangroves, expansive water views, and the privacy of a tucked-away cul-de-sac location. With ample space to park a boat or RV and a long private driveway, this home is perfectly suited for those who value both convenience and a true Florida waterfront lifestyle. A paver brick entry welcomes you to this Spanish Mediterranean–style residence, highlighted by a striking curved front door and timeless architectural details throughout. Inside, the open floor plan features tile flooring, graceful archways, wood crown molding, and wood beams in the living room. Large windows and sliding glass doors fill the home with natural light while framing stunning views of Phillippi Creek. The kitchen is designed for both functionality and entertaining, offering granite countertops, a large breakfast bar, custom cabinetry, and a spacious butler’s pantry. A separate laundry room includes built-in cabinetry for additional storage. The primary suite features sliding glass doors leading outdoors, creating a seamless connection to the waterfront setting. Step outside to enjoy a lagoon-style pool and the tranquil sights and sounds of the creek, ideal for relaxing or hosting guests. With direct water access, generous outdoor space, and a peaceful yet central location just minutes from Siesta Key, downtown Sarasota, and central Sarasota, this is a rare opportunity to own a private waterfront retreat with exceptional boating access and enduring architectural appeal. All information provided by the sellers is deemed reliable but is not guaranteed. Buyers are encouraged to verify all information independently.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history140 days on market
- Status: ActiveApr 20, 2026
- Listed$1,500,000Jan 9, 2026
- Price reduced$1,299,000
Virtual Tour
Facts & features
- Property type
- Residential
- Sub type
- Single Family Residence
- Status
- Active
- Days on market
- 140
- Subdivision
- River Forest
- County
- Sarasota
- Year built
- 1952
- Living area
- 1,956 sq ft
- Price/sq ft
- $664
- Building area
- 3,446 sq ft (Public Records)
- Lot size
- 17,155 sq ft
- Lot category
- 1/4 to less than 1/2
- Flood zone
- AE (12115C0144G)
- Garage
- 2 spaces
- Pool
- Private pool
- Annual taxes
- $7,868 (2025)
- Parcel #
- 0086050028
- Zoning
- RSF2
- MLS #
- A4677221
Interior Details
- Bedrooms
- 3
- Full bathrooms
- 2
- Flooring
- Tile
- Appliances
- Dishwasher, Microwave, Range, Refrigerator
- Interior features
- Ceiling Fans(s), Crown Molding, Solid Surface Counters, Wet Bar
- Laundry
- Inside
- Stories / Levels
- One
- Direction faces
- South
Heating & Cooling
- Heating
- Electric
- Cooling
- Central Air
Parking
- Garage spaces
- 2
- Attached garage
- Yes
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- CDD
- No
- Min lease term
- 1 Month
- Listing terms
- Cash, Conventional
- Ownership
- Fee Simple
- Available for lease
- Yes
- Lease restrictions
- Yes
- Additional lease restrictions
- County restrictions apply.
Exterior & Construction
- Exterior features
- Lighting, Sliding Doors
- Construction materials
- Block, Stucco
- Roof
- Shingle, Tile
- Foundation
- Slab
- Pool
- Private pool
- Waterfront
- Yes
- Water access
- Yes
- Water view
- Yes
- Road surface
- Paved
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- BB/HS Internet Available, Cable Connected, Electricity Connected, Public
Community
- Pets allowed
- Yes
Schools
Letter grades: Florida DOE 2024–25 school grades (Orange, Seminole, Lake, Osceola, Brevard). Assigned schools from the listing agent — verify enrollment with the district.
Room Details
| Room | Level | Dimensions |
|---|---|---|
| Bedroom 2 | First | 12x14 |
| Dining Room | First | 10x12 |
| Great Room | First | 18x20 |
| Kitchen | First | 17x6 |
| Primary Bedroom | First | 14x14 |
| Laundry | First | 20x23 |
| Bedroom 3 | First | 10x11 |
Listing Details
- Listing date
- 2026-01-08
- On market date
- 2026-01-09
- Original list price
- $1,500,000
- Occupant type
- Owner
- MLS area
- 34231 - Sarasota/Gulf Gate Branch
- Listing AOR
- Sarasota - Manatee
- Status changed
- 2026-04-20
- Tax legal description
- PORTION OF LOTS 23 & 24 BEING DESC AS COM AT NLY MOST COR OF LOT 23 TH SELY ALG CURVE TO LEFT 24.77 FT FOR POB TH CONT ALG CURVE TO LEFT 24.81 FT TH S-40- 47-W 70 FT TH S-21-13-53-W 119.23 FT M/L TO
Flood risk
FEMA Special Flood Hazard Area (1% annual-chance / “100-year” floodplain). Flood insurance is generally required by mortgage lenders.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
South on US 41 to East on Carmilfra Way. Continue to Palos Verdes. Home is at the end of the cul-de-sac.
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Listings courtesy of Stellar MLS as distributed by MLS GRID
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.
Based on information submitted to the MLS GRID as of May 31, 2026 at 4:06 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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