8531 Karpeal Dr, photo 1
Active
1 / 39

Overview

3 bd2 ba1,780 sqft2 car garageSingle Family
TypeSingle Family
HOA$707/qtr
Built2011
Lot5,183 sqft
Living area1,780 sqft
Price / sqft$263
Garage2 car

Ask anything about this home

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

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), 167 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
167 days
Annual tax
$4,843
HOA
$707/qtr
Flood zone
X · Low risk
Lot
5,183 sqft
Type
Single Family Residence

At a glance

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

Payment

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

Details

Type
Single Family Residence
Year Built
2011
Lot
5,183 sqft
Cooling
Central Air
Heating
Central, Electric
Parking
-
Days on Market
167
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

Price history

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
4/27/2026
Listed for sale
Source: Stellar MLS #A4691474
$550,000
$309/sqft

Neighborhood

8531 Karpeal Dr
Sarasota, FL, 34238 · 34238 - Sarasota/Sarasota Square

Market insights

Offer Insights

Choose an offer strength

List price: $469,000
$455,000 – $469,000
97.1% – 100% of listTops out right at the list price
80% of listList price
85 of the last 169 home closings in 34238 landed at this number or higher (50%). The median one sat 38 days before it went under contract, and this one is on day 167 after a $81,000 cut.

Sample: 169 closed home sales in 34238 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

Talk through an offer with our team

Calculator

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

Not sure what you can afford?

Put in your household income and we will tell you where this payment sits.

Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. HOA includes any condo dues 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.

Quick answers.

Price

$469,000

$263 per sq ft

Beds and baths

3 beds, 2 baths

Size

1,780 sq ft

Time on market

167 days

Year built

2011

Monthly payment

About $3,320/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $4,843 annual tax bill, insurance, and the $707/qtr HOA fee.

HOA fee

$707/qtr

Managed by Palmer Oaks Estates.

Flood zone

Zone X

That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.

Offer

What should I offer?

Have another question?

Brokered byGO JULIE GOListing agent: Julie LalandeListing data from Stellar MLS, MLS# A4691474.

Keep exploring Florida

Pick up where you left off, or see what else is out there.