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$1,299,000 -$201,000 (-13.4%) Price Reduced

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 2 Full Baths
  • 1,956 Sq. Ft.
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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.

Full Property Details for 5381 Palos Verdes Dr

General

  • Price: $1,299,000
  • Taxes: $7,867 (2025)
  • Status: Active
  • Type: Single Family
  • Source: MidFloridaRegionalMLS
  • MLS ID: A4677221
  • Updated: 3/17/2026
  • Added to Site: 100 day(s) ago

Rental Information

  • Min. Lease: 1 Month

Interior

  • Number of Rooms: 7
  • Interior Features: Ceiling Fan(s), Crown Molding, Solid Surface Counters, Wet Bar
  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Furnishings: Unfurnished
  • Flooring: Tile

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 3

Other Rooms

  • Laundry: Inside

Additional Information

  • Pool: Yes
  • Private Pool: Yes
  • Pool Description: In Ground

Exterior

  • Exterior Features: Lighting, Sliding Doors
  • Deck/Patio: Deck, Patio, Porch
  • Porch/Patio/Deck: Deck, Patio, Porch

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 2
  • Covered Spaces: 2

Location

  • Area: 34231 - Sarasota/Gulf Gate Branch
  • County: Sarasota
  • Development Name: 34231 - Sarasota/Gulf Gate Branch
  • Subdivision: RIVER FOREST
  • Driving Directions: South on US 41 to East on Carmilfra Way. Continue to Palos Verdes. Home is at the end of the cul-de-sac.
  • Direction Faces: South

School Information

  • Elementary School: Phillippi Shores Elementary
  • Middle School: Brookside Middle
  • High School: Riverview High

Community

  • Community Name: 34231 - Sarasota/Gulf Gate Branch
  • Community Features: Dock, Waterfront

Heating & Cooling

  • Cooling Type: Central Air
  • Heating Type: Electric

Utilities

  • Sewer: Public Sewer
  • Water District: PHILLIPPI CREEK
  • Water: Public
  • Utility Description: BB/HS Internet Available, Cable Connected, Electricity Connected, Public

Structural Information

  • Architectural Info: Mediterranean
  • Architectural Style: Mediterranean
  • Exterior Const.: Block, Stucco
  • Roof: Shingle, Tile
  • Windows: Rods
  • Stories/Levels: One
  • Square Feet: 1,956
  • Sq. Ft. Source: Public Records
  • Year Built: 1952

Lot Features

  • Property View: Water
  • Lot Size (Acres): 0.39
  • Lot Size (Sq. Ft.): 17,155
  • Lot Size: 17155
  • Lot Dimensions: 25 x 250
  • Frontage: Street Paved
  • Street/Road Desc.: Paved

Water Features

  • Water Front: Yes
  • Water View: Yes
  • Water Access: Yes
  • Water Access Desc: Bay/Harbor, Creek, Gulf/Ocean, Intracoastal Waterway
  • Water Extras: Yes
  • Water Front Name: PHILLIPPI CREEK
  • Water Front Desc.: Waterfront, Creek

Financial Considerations

  • Tax Amount: $7,867.53
  • Tax Year: 2025

Disclosures and Reports

  • Ownership: Fee Simple
  • Special Conditions: None
  • 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 Zone Info: AE
  • APN: 86050028
  • Property ID: 86050028

Listed by Re/Max Alliance Group

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Listing agent

— 5381 Palos Verdes Dr —

  • Re/Max Alliance Group

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 5381 Palos Verdes Dr

School District:Sarasota County School District
NameGradesDistance
Phillippi Shores Elementary School
4747 South Tamiami Trail, Sarasota, FL 34231
PK-50.8 mi
Riverview High School, Sarasota, FL
1 Ram Way, Sarasota, FL 34231
9-120.9 mi
Brookside Middle School
3636 South Shade Avenue, Sarasota, FL 34239
6-81.8 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 5381 Palos Verdes Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/17/2026
Price Reduced
$1,299,000
-13.4%
MLS
1/09/2026
Listed
$1,500,000
117.39%
MLS
7/08/2004
Sold
$690,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 5381 Palos Verdes Dr

Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,932
-19%
$636,410
-8%
2024
$8,522
3%
$694,974
3%
2023
$8,275
2%
$674,732
6%
2021
$8,108
—
$636,000
-3%
2022
$8,105
—
$655,080
3%
2021
$8,108
-1%
$638,100
14%
2019
$8,185
10%
$561,762
10%
2018
$7,457
—
$510,693
-13%
2017
$7,462
9%
$586,100
14%
2016
$6,837
-9%
$512,700
34%
2015
$7,500
36%
$383,691
10%
2014
$5,516
10%
$348,810
10%
2013
$5,009
—
$317,100
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Re/Max Alliance Group

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5381 Palos Verdes Drive, Sarasota, FL 34231 (MLS# A4677221) is a Single Family property with 3 bedrooms and 2 full bathrooms. 5381 Palos Verdes Drive is currently listed for $1,299,000 and was received on January 09, 2026. Want to learn more about 5381 Palos Verdes Drive? Do you have questions about finding other Single Family real estate for sale in Sarasota? You can browse all Sarasota real estate or contact a Coldwell Banker agent to request more information.

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