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$550,000
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Property Description
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.
Full Property Details
Full Property Details for 8531 Karpeal Dr
General
- Price: $550,000
- HOA FEE: $236/month
- HOA FEE FREQ.: Quarterly
- Taxes: $4,843 (2025)
- Status: Active
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: A4691474
- Updated: 5/8/2026
- Added to Site: 13 day(s) ago
Rental Information
- Min. Lease: 3 Months
Interior
- Number of Rooms: 8
- Interior Features: Ceiling Fan(s), High Ceilings, Kitchen and Family Room Combination, Open Floorplan, Solid Wood Cabinets, Stone Counters, Thermostat, Walk-In Closet(s), Window Treatments
- Appliances: Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator
- Furnishings: Unfurnished
- Flooring: Carpet, Ceramic Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Electric Dryer Hookup, Laundry Room, Washer Hookup
Additional Information
- Shared Amenities: Gated, Maintenance, Pool
- Security/Safety: Closed Circuit Camera(s), Gated Community, Security Gate, Security System, Security System Owned, Smoke Detector(s)
Exterior
- Exterior Features: Hurricane Shutters, Lighting, Private Entrance, Private Yard, Sliding Doors
- Deck/Patio: Covered, Patio, Screened
- Porch/Patio/Deck: Covered, Patio, Screened
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
Location
- Area: 34238 - Sarasota/Sarasota Square
- County: Sarasota
- Development Name: 34238 - Sarasota/Sarasota Square
- Subdivision: PALMER OAKS ESTATES
- Driving 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.
- Direction Faces: South
School Information
- Elementary School: Ashton Elementary
- Middle School: Sarasota Middle
- High School: Riverview High
Community
- Community Name: 34238 - Sarasota/Sarasota Square
- Community Features: Association Recreation - Owned, Buyer Approval Required, Community Mailbox, Deed Restrictions, Gated Community - No Guard
- Optional Amenities: Gated, Maintenance, Pool
- Association: Yes
- Assoc. Name: Palmer Oaks Estates
- Number of Pets: 2
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable Connected, Electricity Connected, Public, Sewer Connected, Underground Utilities, Water Connected
Structural Information
- Architectural Info: Traditional
- Architectural Style: Traditional
- Builder: DR Horton
- Exterior Const.: Block, Stucco, Wood Siding
- Roof: Shingle
- Common Walls: Corner Unit
- Windows: Shutters
- Stories/Levels: One
- Square Feet: 1,780
- Sq. Ft. Source: Owner
- Year Built: 2011
Lot Features
- Property View: Water
- Lot Size (Acres): 0.12
- Lot Size (Sq. Ft.): 5,183
- Lot Size: 5183
- Frontage: Street Paved
- Street/Road Desc.: Paved
Water Features
- Water View: Yes
Financial Considerations
- Association Fee: $707
- Assoc Fee Freq.: Quarterly
- Assoc Fee Desc.: Required
- Tax Amount: $4,843
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: LOT 28, LESS MINERAL, RESOURCES & GROUNDWATER RIGHTS AS DESC IN ORI 2011039003, PALMER OAKS ESTATES, UNIT 1
- Flood Zone Info: X
- APN: 95130023
- Property ID: 95130023
Listed by Go Julie Go
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Schools
Schools serving 8531 Karpeal Dr
School District:Sarasota County School District
| Name | Grades | Distance |
|---|---|---|
Ashton Elementary School 5110 Ashton Road, Sarasota, FL 34233 | PK-5 | 1.1 mi |
Riverview High School, Sarasota, FL 1 Ram Way, Sarasota, FL 34231 | 9-12 | 3.6 mi |
Sarasota Middle School 4826 Ashton Road, Sarasota, FL 34233 | 6-8 | 1 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 8531 Karpeal Dr
Date
Details
Price
Change
Source
4/29/2026
Listed
$550,000
110.73%
MLS
6/20/2013
Sold
$261,000
—
Public Record
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
Tax History for 8531 Karpeal Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
$4,781
—
$361,600
-2%
2024
$4,781
4%
$370,100
-1%
2023
$4,599
26%
$375,000
42%
2021
$3,664
-12%
$263,800
-20%
2022
$4,183
14%
$328,800
31%
2021
$3,664
-1%
$251,400
-5%
2019
$3,698
7%
$265,900
7%
2018
$3,467
-4%
$249,000
-2%
2017
$3,594
-3%
$254,600
-2%
2016
$3,696
7%
$259,400
12%
2015
$3,446
4%
$232,000
5%
2014
$3,313
48%
$220,900
27%
2013
$2,240
—
$173,884
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 8531 Karpeal Dr
8531 Karpeal Drive, Sarasota, FL 34238 (MLS# A4691474) is a Single Family property with 3 bedrooms and 2 full bathrooms. 8531 Karpeal Drive is currently listed for $550,000 and was received on April 29, 2026. Want to learn more about 8531 Karpeal 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.

