CENTURY 21 Edge
$3,500$5,0003 bd2 ba1,782 sqft$2 /sqft$490 /mo all-in ↓

8525 KARPEAL DRIVE, SARASOTA, FL, 34238

Active3984 days on marketMLS #A4120652

Priced 99% below the SARASOTA 34238 medianReduced $2KSingle Family ResidencePALMER OAKS ESTATES UNIT 1

About this home

8525 KARPEAL DRIVE

Palmer Ranch 6 month rental. Rented January - May 2027. Palmer Oaks, a gated community at the edge of South Sarasota's Palmer Ranch - close to I-75 and 5 miles to the white sands of Siesta Key beach. Built in 2011 by D R Horton, this three bedroom/two bath/two car garage home overlooks a pond and fountain. Spacious living room/dining room with new Luxury vinyl plank flooring as you walk through the front door. New upgrades such as LVP flooring in the living/dining room and a large custom closet in the Master bedroom. Relax and entertain in the combined family room and kitchen area with 18” ceramic tile floors, maple wood cabinets, granite countertops, stone backsplash and center island. Both bathrooms have granite countertops and there are dual sinks in the master bath. Two additional bedrooms and the lanai overlooking the pond create plenty of living space. Full size washer and dryer. The heated community pool is located nearby. Palmer Oaks is a maintenance free community conveniently located close to shopping, restaurants, markets, I-75, the Legacy Biking Trail and the world-famous Siesta Key Beach. This beautiful home is the perfect location for your Florida get a way. Available now for 6 months or longer. Tenant to pay utilities on a 6 month + lease.

Facts & features

The home at a glance

3

Bedrooms

2

Bathrooms

1,782

Sqft

0.11 ac

Lot size

2

Garage

2011

Year built

One

Levels

$2

Per sqft

Water viewTurnkeyPets allowed

Inside

FlooringCarpet · Ceramic Tile
AppliancesDishwasher · Disposal · Dryer · Microwave · Range · Refrigerator · Washer
InteriorCeiling Fan(s) · Eating Space In Kitchen · In Wall Pest System · Kitchen/Family Room Combo · Living Room/Dining Room Combo · Solid Wood Cabinets · Stone Counters · Walk-In Closet(s)
CoolingCentral Air
HeatingCentral
FurnishedTurnkey

Outside & construction

ViewWater
ParkingGarage Door Opener
ExteriorHurricane Shutters · Irrigation System · Sliding Doors

Community & fees

Taxes (2021)$3,699/yr
PetsYes
CommunityGated · Irrigation-Reclaimed Water · Pool

Utilities & systems

UtilitiesUnderground Utilities

The numbers

What it really costs

Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.

$490 /mo · 3.5% down FHA, 30-yr fixed at 6%

Principal & interest$21
FHA mortgage insurance (est.)$2
Property tax — 2021 actual bill$308
Insurance (FL estimate)$160

The assumptions

Loan typeFHADown payment3.5% · $123Loan30-yr fixed at 6%Mortgage insuranceIncludedTaxesActual bill on recordInsuranceFlorida estimate

FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.

These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:

Andrew Acosta

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Run your own numbers

Loan type
Down payment3.5% · $123
Interest rate6.00%
Loan term

Estimated payment

$490/mo

Principal & interest$21
FHA mortgage insurance (est.)$2
Property taxes (actual bill)$308
Est. insurance$160

Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.

Value check

Is the price right?

The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.

$/sqft vs Sarasota actives

$2 vs $345

Days on market

3984 vs 61 typical

Where $2/sqft sits among the 400 Sarasota actives

108 · this home
152
49
35
25
31
$2–255$255–508$508–760$760–1013$1013–1266$1266+

The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.

Where it sits

Inside Sarasota

Map of 8525 KARPEAL DRIVE

Drive times from this address

Downtown Tampa61 min
Tampa Int’l Airport (TPA)72 min

Estimated driving times, typical traffic. Data © OpenStreetMap contributors.

Get to know Sarasota. See the full Sarasota guide →

SARASOTA 34238 — neighborhood snapshot

Population

22,808

Median age

63.9

Median income

$94,583

Median home value

$532,800

Avg household

1.94

Households w/ children

1,611

For the school run

Sarasota County School District

ElementaryLaurel Nokomis School★★★★
HighVenice Senior High School★★★★

School assignments and ratings via edgeAI — always verify with the district.

The numbers that matter

The Sarasota market

Seller’s marketLeans seller4.5 months of inventoryBuyer’s market

$475K$493K

Sarasota median sold, yr/yr

95.2%

Sale-to-list ratio (12 mo)

162 of 400

Sarasota actives have cut their price

Median sold price, Sarasota, trailing 36 months (3-month rolling) · live MLS data.

This home is listed 99% below the SARASOTA 34238 median. See the full Sarasota market guide →

Paper trail

This home's history

CurrentPrice reduced to $3,500 $2K
2011Built · PALMER OAKS ESTATES UNIT 1

Reality check

What actually sold near 8525 KARPEAL DRIVE

Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.

5232 PARISIENNE PLACE UNIT 101B31Sold · Mar ’26

$475,000

5232 PARISIENNE PLACE UNIT 101B31

3 bd · 2 ba · 1,798 sqft · $264/sqft · 54 DOM

5255 BOUCHARD CIRCLE UNIT 102Sold · May ’26

$400,000

5255 BOUCHARD CIRCLE UNIT 102

2 bd · 2 ba · 1,798 sqft · $222/sqft · 35 DOM

5206 BOUCHARD CIRCLE UNIT 101Sold · Jul ’26

$460,000

5206 BOUCHARD CIRCLE UNIT 101

2 bd · 2 ba · 1,798 sqft · $256/sqft · 18 DOM

Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.

Your home team

The pros in your corner

Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.

Kamilla Pagotto

Your agent

Kamilla Pagotto

REALTOR® · CENTURY 21 Edge

Tours, negotiation, and every question about 8525 KARPEAL DRIVE — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for 8525 KARPEAL DRIVE — before you fall in love.

See it in person

Schedule a tour

Live availability from Kamilla's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.

Straight answers

8525 KARPEAL DRIVE FAQs

What would the monthly payment be for 8525 KARPEAL DRIVE?+

With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $490/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.

What are the property taxes on 8525 KARPEAL DRIVE?+

The most recent tax bill on record (2021) was $3,699. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.

Are pets allowed at 8525 KARPEAL DRIVE?+

The listing reports pets: Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.

How does the price compare to other homes in Sarasota?+

At $3,500, this home is listed about 99% below the Sarasota median of $569,000. The market section on this page shows how the area is trending.

Which schools are assigned to 8525 KARPEAL DRIVE?+

Laurel Nokomis School (elementary), Venice Senior High School (high) — Sarasota County School District. Always verify school assignments with the district before relying on them.

The brief

Five things that matter here

01Under the SARASOTA 34238 market on paper

$3,500 is 99% below the SARASOTA 34238 median of $265,000, and at $2/sqft it sits under the Sarasota average of $496.

02Water views

The water view is part of what you're buying — views hold value independently of the structure.

03Time on market is leverage

3984 days on market against a Sarasota median of 61 — sellers in this position are usually ready to negotiate.

04Strong assigned schools

Laurel Nokomis School, Venice Senior High School — Laurel Nokomis School rates 4 of 5. Always verify assignments with the district.

05The price has already moved

Listed at $5,000, now $3,500 — a $2K cut. The full history is in the market section below.

Listing courtesy of JENNETTE PROPERTIES, INC. · Margaret Young. MLS #A4120652.

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.

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