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91
Photos
5500 Merrimac DRIVE, Sarasota, FL 34231
$2,400,000 Asking Price
$---/mo Est. Payment Get Prequalified »
4
beds
4
baths
2,790
sqft
Built in
1974
One or more photo(s) has been virtually staged. PRIVATE WATERFRONT PENINSULA! This property is the quintessential location for living an incredible Florida lifestyle. The home itself is unique, offering space that lends itself to anything you can imagine. With four bedrooms, some of which can be configured to other uses, and 4 full baths, this home is made for entertaining. But you may find the pièce de résistance is outside, as the oversized .61-acre lot is beautifully situated on two waterways just off Phillippi Creek. With over 400 feet of private water frontage, this property is truly your tropical oasis, quiet and peaceful, yet close to everything you need. The house itself has been continuously updated from 2017-2024. Exploring the interior, you will find a great room with a dual sided wood burning fireplace, large, updated kitchen with stainless steel appliances, farmhouse sink and pot filler. With 3 bedrooms on the first floor (one en-suite), and a master suite on the 2nd floor, there is room for residents and guests alike. The balcony off the 2nd floor provides gorgeous views, morning and night, with big blue-sky views to sunrises and sunsets. Want to feel like you are on vacation every day of the year? This home is made for tropical living. It has an outdoor tiki hut with a bar and grill, 2 outdoor fire pits, 5 zone outdoor exterior low voltage automatic night lighting, a pool, spa and boat lift. Other upgrades include a new boat house in 2019, new seawall in 2023/2024, two new A/C in 2019, and septic to sewer conversion in 2018. Tucked away at the end of cul-de-sac in Phillippi Gardens, the location is ideal, While the neighbor is private and quiet, it is close to The Landings and other shopping and eatery venues, a short bike ride to Gulf beaches, and not far from the vibrant downtown of Sarasota and all its cultural and recreational offerings. You truly must see this amazing property to appreciate all it has to offer.
Features & Amenities
Interior
- General:
- Ceiling Fan(s)
- Appliances:
- Dishwasher, Microwave, Range, Refrigerator
- Laundry:
- Inside
- Flooring:
- Carpet, Vinyl
- A/C:
- true, Central Air, Zoned
- Heating:
- true, Central, Electric
- Fireplace:
- Wood Burning, Fireplace
Exterior
- General:
- Balcony, Outdoor Kitchen, Sliding Doors
- Pool:
- In Ground
Construction
- Roofing:
- Shingle
- General:
- Stucco, Two, Slab
Location
- Road/Access:
- Paved
- Originating MLS:
- Stellar MLS
- County:
- Sarasota
Lot
- Zoning:
- RSF2, LOT 162 PHILLIPPI GARDENS UNIT 8 OR 1006-864, 0086060021
- View:
- Water
Utilities
- Utilities:
- Cable Connected, Electricity Connected
- Water:
- Public
- Sewer:
- Public Sewer
Financial
- Source:
- Stellar MLS
- Buyers Agent Compensation:
- 3%
- NA Compensation:
- 3%
This listing courtesy of:
COLDWELL BANKER REALTY, Steve Abbe
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About Sarasota, FL
Housing
- Number of Units
- 152,825
- Median Home Value
- $341,369
- Median Rent
- $1,292
27.49% of housing units are renter occupied.
18.88% are vacant.
Commute
- Car
-
66.43%
- Public Transportation
-
0.60%
- Walk to Work
-
0.72%
- Work from Home
-
31.09%
- Other
-
0.55%
The median travel time to work is 16 minutes.
People
- Population
- 264,751
- Median Age
- 51.20
- Median Household Size
- 2.39
Education
- High School
-
26.25%
- Associate’s Degree
-
8.64%
- Bachelor’s Degree
-
22.70%
- Graduate Degree
-
17.31%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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