1806 Caribbean DRIVE, Sarasota, FL, 34231 | $1,300,000

No expense spared on this Sarasota Bay access 3 bedroom, 2 bath coastal renovation. Sitting 16’ above elevation (flood zone X) in the highly sought after bayfront neighborhood of Coral Cove. The only bayfront neighborhood in Sarasota county with a boat ramp, dock, and 2 acre park on the water. All new hurricane impact windows/doors/sliders/garage door, custom wooden plantation shutters, all new Ruud 2-speed air conditioning system/ductwork/vents/returns, Nest controls, new plumbing, new septic and drain field, updated electrical including meter/disconnect/panel/outlets, new flooring, new custom Kimal interior doors and Emtek hardware, new wooden trim Floors/windows/doors, interior walls re-textured, paint inside and out, high-end lighting fixtures, vanities, toilets, plumbing fixtures, and door hardware purchased at Hydrologic, whole home water softener system. New stucco and paint, new aluminum fascia/soffit/gutters, all new cypress ceilings front entryway and rear patio, new (12 car) paver driveway with 3 entrances, new sconce lighting, electrical outlets and ring amera/floodlight system, new paver patio with aluminum high ceiling cage and upgraded mosquito/noseeum screen. Boat/RV parking area with gravel base and 50 amp power. New irrigation system (well), landscape lighting, new tropical landscape package, premium grade astroturf with putting green, basketball goal, aluminum (black) fence with multiple gates. Double entryway doors featuring 8 glass panes and digital Emtek hardware, premium Titan LVT flooring, custom dry bar with upper and lower cabinets and GE Profile stainless wine/beverage fridge. Kitchen/dining room granite counter tops, new cabinets and hardware including sliding shelves, white/black GE Cafe refrigerator, range, microwave, dishwasher. Primary bedroom: Custom nickel groove wooden accent wall, walk in custom closet, oversized fan. Primary bathroom: Madeli floating vanity with double sinks and Delta faucets, Madeli LED touchscreen mirror with anti-fog, custom walk-in glass shower with Delta 6 zone system, seamless 3” hexagon premium tile flooring. Guest bedroom #1: Double sliders to paver patio, custom closet, oversized fan, wall mounted 55” smart TV. Guest bedroom #2: Premium Titan LVT flooring in bedroom and closet, custom closet, oversized fan, wall mounted 55” smart TV. Guest bathroom: Madeli floating vanity with double sinks and Delta faucets, Madeli LED touchscreen mirror with anti-fog, overhead lights, ultra quiet exhaust fan, Toto toilet, custom walk-in glass shower with Delta 3 zone system including handheld, custom oversized linen closet, seamless 3” hexagon premium tile flooring. Laundry room: All new cabinets, custom utility sink and folding table, food pantry, SpeedQueen commercial washer and dryer, and attic access. All new Clopay cat 5 hurricane rated 2 car garage door/rails/springs/ultra quiet opener, epoxy floor, mini-split ac system with dehumidifier, 100 pound ice maker, commercial storage racks, wall mount systems, L-shaped wooden workbench, wifi and smart tv. All new paver patio, all new aluminum high ceiling cage with mosquito/noseeum screen, cypress ceiling, area for summer kitchen buildout. 1806 Caribbean Drive is completely remodeled with designer grade features, move-in ready, and available furnished. Bring your boat and start living the ultimate bayfront lifestyle without the worry of flooding or costly flood insurance.

Features

  • Rooms: 8
  • Bedrooms: 3
  • Baths: 2 full
  • Laundry: Inside, Laundry Room
  • Year Built: 1961
  • Garage: 2-car Boat, Circular Driveway, Garage Faces Side, Guest, RV Parking
  • Heating: Central, Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 1,848
  • Acreage: 0.3
  • Est. Taxes: $5,898
  • HOA Fee: $200 Annually
  • Pet Policy: Yes
  • Appliances: Bar Fridge, Dryer, Microwave, Range, Refrigerator, Washer
  • MLS#: A4643806
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /eprop/A4643806/1806caribbeandrive_sarasota_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is 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. (last updated 4/17/2025 3:02:10 PM)
Listing courtesy of RE/MAX ALLIANCE GROUP   Phone: 941-954-5454

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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1806 Caribbean DRIVE, Sarasota, FL, 34231

$1,300,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,040,000 $1,040,000 $1,040,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.125% 6.500% 6.375%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.861% 6.637% 6.540%
Monthly Tax Payment $492 $492 $492
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $6,319 $6,574 $8,988
Total Monthly Payment $6,936 $7,191 $9,605

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.