ActiveOpen House

8531 Karpeal Dr, Sarasota, FL, 34238

$263/sqft·Palmer Oaks Estates

3 bd2 ba1,780 sqft2 car garageSingle Family
Listed by GO JULIE GO· Last updated · MLS# A4691474

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Pricing, comps, HOA, the neighborhood. Answers before you fill out anything.

Est. monthly payment
$3,320/mo
Down payment (20%)
$93,800
Property taxes
$404/mo
HOA
$707/qtr
Rate assumed
6.8% · 30 yr
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At a glance

Single family
Built 2011
Water views
Water
Community pool
Shared amenity
2 car garage
5,183 sqft lot
Lot size

Open house

Sunday, Sep 13· 5:00 PM to 8:00 PM

Call for gate access 941-350-8378

About this home

Ceiling Fans(s)High CeilingsKitchen/Family Room ComboOpen FloorplanSolid Wood CabinetsStone CountersThermostatWalk-in Closet(s)

8531 Karpeal Dr is a 2011-built home in Palmer Oaks Estates, Sarasota. Inside you'll find 3 bedrooms, 2 bathrooms, and 1,780 square feet of living space. Listed at $469,000 (about $263/sqft), 134 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable. HOA runs $707 quarterly.

From the listing

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.

The essentials

Built
2011
Price / sqft
$263
On market
136 days
Annual tax
$4,843
HOA
$707/qtr
Flood zone
X · Low risk
Lot
5,183 sqft
Type
Single Family Residence

Location

8531 Karpeal Dr
Sarasota, FL, 34238·34238 - Sarasota/Sarasota Square
Type
Single Family Residence
Year Built
2011
Lot
5,183 sqft
Cooling
Central Air
Heating
Central, Electric
Parking
-
Days on Market
136
Ceiling Fans(s)
High Ceilings
Kitchen/Family Room Combo
Open Floorplan
Solid Wood Cabinets
Stone Counters
Thermostat
Walk-in Closet(s)
Window Treatments
Hurricane Shutters
Lighting
Private Entrance
Private Yard
Association Recreation - Owned
Buyer Approval Required
Community Mailbox
Deed Restrictions
Gated Community - No Guard
Pool
Dishwasher
Disposal
Electric Water Heater
Microwave
Range
Refrigerator

Elementary

Ashton Elementary

Middle

Sarasota Middle

High

Riverview High

Districts can re-zone, so verify directly with the district before relying on these.

Flood Zone X

Annual Tax (2025)

$4,843

Parcel #

0095130023

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision

Palmer Oaks Estates

County

Sarasota

MLS Area

34238 - Sarasota/Sarasota Square

Lot Size

5,183 sqft

Corner LotIn CountyLandscapedPrivatePaved
HOA
$707/qtr
Palmer Oaks Estates
Date
Event
Price
6/30/2026
Price change
Source: Stellar MLS #A4691474
$469,000-4.1%
$263/sqft
Price change
Source: Stellar MLS #A4691474
$489,000-11.1%
$275/sqft
4/29/2026
Listed for sale
Source: Stellar MLS #A4691474
$550,000
$309/sqft
Est. monthly payment$3,320/mo
Principal & interest$2,446
Property taxes$404
Insurance$235
HOA$236
Down payment20% · $93,800
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. HOA is the fee reported on the listing. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Offer Insights

Choose an offer strength

List price: $469,000
$460,000 – $469,000
97.9% – 100% of listTops out right at the list price
80% of listList price
37 of the last 72 home closings in 34238 landed at this number or higher (51%). The median one sat 35 days before it went under contract, and this one is on day 136 after a $81,000 cut.

Sample: 72 closed home sales in 34238 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

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