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Listed by COLDWELL BANKER REALTY

Status: Active

5500 Merrimac Dr 
Sarasota, FL 34231

$1,875,000

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One or more photo(s) has been virtually staged. DOUBLE LOT ON A 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.
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Bedrooms
4
Baths
4
House Size
2,790 sqft
Year Built
1974
Lot Size
0.61 ac

Location

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Interior Information

appliances
Dishwasher
Microwave
Range
Refrigerator
cooling
Central Air
Zoned
fireplace
Wood Burning
flooring
Carpet
Vinyl
heating
Central
Electric
laundry features
Inside
view
Canal
Water

Exterior Information

features
Balcony
Outdoor Kitchen
pool
In Ground
Private
road surface
Paved
roof
Shingle

Property Information

construction
Stucco
foundation
Slab
lot
Cul-de-sac
Waterfront
parking
Attached
sewer
Public Sewer
subdivision name
Phillippi Gardens 08
utilities
Cable Available
Cable Connected
Electricity Connected
water source
Public
  • Listed By Steve Abbe
  • (941) 383-6411
  • COLDWELL BANKER REALTY
  • (941) 383-6411
  • ellen.oday@floridamoves.com
  • MLS A4652628

Monthly Payments Calculator

Estimated Monthly Cost

$11,742

30 year fixed·6.9% interest rate
Principal & Interest
$9,879
Property Taxes
$1,563
Home Insurance
$300
HOA Fees
$0
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