$519,519
8531 Karpeal Drive
Sarasota, FL 34238
Listing updated: May 24, 2026 at 5:06 PM ET
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Garage spaces
Flood zone
About this home
One or more photo(s) has been 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.
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 history25 days on market
- Status: ActiveApr 29, 2026
- Listed$550,000Apr 29, 2026
- Price reduced$519,519
Facts & features
- Property type
- Residential
- Sub type
- Single Family Residence
- Status
- Active
- Days on market
- 25
- Subdivision
- Palmer Oaks Estates
- County
- Sarasota
- Year built
- 2011
- Living area
- 1,780 sq ft
- Price/sq ft
- $292
- Building area
- 2,561 sq ft (Public Records)
- Lot size
- 5,183 sq ft
- Lot category
- 0 to less than 1/4
- Flood zone
- X (12115C0164G)
- Garage
- 2 spaces
- Annual taxes
- $4,843 (2025)
- Parcel #
- 0095130023
- Zoning
- RSF4
- MLS #
- A4691474
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Interior Details
- Bedrooms
- 3
- Full bathrooms
- 2
- Flooring
- Carpet, Ceramic Tile
- Appliances
- Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator
- Interior features
- Ceiling Fans(s), High Ceilings, Kitchen/Family Room Combo, Open Floorplan, Solid Wood Cabinets, Stone Counters, Thermostat, Walk-In Closet(s), Window Treatments
- Laundry
- Electric Dryer Hookup, Laundry Room, Washer Hookup
- Stories / Levels
- One
- Direction faces
- South
Heating & Cooling
- Heating
- Central, Electric
- Cooling
- Central Air
Parking
- Garage spaces
- 2
- Attached garage
- Yes
HOA & Financial
- HOA fee
- $707 / Quarterly
- Monthly HOA
- $236/mo
- Total monthly fees
- $236/mo
- Total annual fees
- $2,828
- HOA name
- Palmer Oaks Estates
- CDD
- No
- Min lease term
- 3 Months
- Listing terms
- Cash, Conventional, FHA, VA Loan
- Ownership
- Fee Simple
- Available for lease
- Yes
- Lease restrictions
- Yes
- Additional lease restrictions
- Max 3 times per year. HOA Approval
- Approval process
- Form attachred
Exterior & Construction
- Exterior features
- Hurricane Shutters, Lighting, Private Entrance, Private Yard, Sliding Doors
- Construction materials
- Block, Stucco, Wood Siding
- Roof
- Shingle
- Foundation
- Slab
- Water view
- Yes
- Road surface
- Paved
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Cable Connected, Electricity Connected, Public, Sewer Connected, Underground Utilities, Water Connected
Community
- Pets allowed
- Cats OK, Dogs OK
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 |
|---|---|---|
| Living Room | First | 14x17 |
| Dining Room | First | 10x15 |
| Kitchen | First | 9x16 |
| Primary Bedroom | First | 14x15 |
| Bedroom 1 | First | 11x12 |
| Bedroom 2 | First | 10x12 |
| Bathroom 2 | First | 5x8 |
| Laundry | First | 8.5x5.5 |
Listing Details
- Listing date
- 2026-04-27
- On market date
- 2026-04-29
- Original list price
- $550,000
- Occupant type
- Vacant
- MLS area
- 34238 - Sarasota/Sarasota Square
- Listing AOR
- Sarasota - Manatee
- Status changed
- 2026-04-29
- Tax legal description
- LOT 28, LESS MINERAL, RESOURCES & GROUNDWATER RIGHTS AS DESC IN ORI 2011039003, PALMER OAKS ESTATES, UNIT 1
Flood risk
Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
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.
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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 24, 2026 at 5:06 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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