Neighborhood · Sarasota, Florida
Coral Cove
Waterfront living on Sarasota's Gulf-close coast
4
Homes for sale
$2,486,000
Median list price
$585
Avg price / sqft
33
Median days on market
Coral Cove is a small, water-oriented pocket on Sarasota's coast, where most of what comes to market sits on or near the water and comes with a pool. It's the kind of place that trades in privacy and proximity to the Gulf rather than the density of downtown, though the beaches of Lido Key and the arts-and-dining energy of the Rosemary District are both easy reaches. Buyers who like the historic, tree-shaded character of nearby Indian Beach / Sapphire Shores will recognize the appeal here.
The market is thin and high-end: just four active listings, with a median list price of $2,486,000 and a wide spread from $499,900 to $5,500,000. Homes are large — a median of 4,606 square feet at about $585 per square foot — and three of the four actives are waterfront. If you're shopping the broader Sarasota homes for sale at this level, expect limited inventory and a real premium for water frontage.
Coral Cove is a community in Sarasota, Florida.
Quick facts
$499,900 – $5.5M price range
4,606 sqft median home
$21/mo median HOA
$12,500/mo median rent
4 sold in 12 months
Drive times
On the market now
Homes for sale in Coral Cove
$2,997,000
1707 CARIBBEAN DRIVE, SARASOTA
4 bd · 3.5 ba · 5,012 sqft
$5,500,000
1541 CARIBBEAN DRIVE, SARASOTA
5 bd · 5 ba · 6,035 sqft
$499,900$515,000
7503 STARFISH DRIVE, SARASOTA
3 bd · 2 ba · 1,383 sqft
$1,975,000$2,350,000
7430 COVE TERRACE, SARASOTA
3 bd · 3.5 ba · 4,200 sqft
Every active listing inside the Coral Cove boundary
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Browse Coral Cove
By feature — on the live map
Where the market lives
The numbers that matter
The Coral Cove market
4
Sold, last 12 months
$830,000
Median sold price
97%
Sale-to-list ratio
What sellers actually get vs asking
29 days
Median time to sell
Coral Cove vs Sarasota
Median list price
Price per sqft
Days on market
Median sold price — 3-yr, 3-mo rolling
▲ 4.4% yr/yr
Homes sold per month
Live Stellar MLS data — every listing and closed sale inside the Coral Cove boundary. Rolling medians smooth single-month swings in small communities.
For the school run
Schools Coral Cove is zoned for
Attendance boundaries overlapping this community — always verify zoning with the district.
What it really costs
Owning here
Owning the median Coral Cove home
≈ $14,733/mo
$2,486,000 median · 20% down · 30-yr fixed at 6.9% · taxes/HOA from live listing data · insurance is a Florida estimate.
$21/mo
Median HOA
From current listings inside the boundary
$12,500/mo
Median rent
Homes for rent inside the boundary
Population
493
Median age
44
Median income
$145,556
Median home value
$655,700
Beyond the listings
Living in Coral Cove
Food & Drink
Top 5% in the U.S.Coffee Connoisseur
Morning java. Cup of Joe. Caffeine in an IV. Whatever they call it, this population loves coffee and the culture around it.
Hobbies & Interests
Top 11% in the U.S.Handcrafted
The only thing more beautiful than handmade decor? The hands that made it. This population appreciates the time and care put into one-of-a-kind pieces.
Beliefs
Top 15% in the U.S.Mindfulness & Spirituality
Seeking peace and well-being through meditation, gratitude and spirituality.
Attitudes
Top 18% in the U.S.Deal Seekers
These people are hunting discounts, contests, and promotions. The population loves a good sale, and they can't wait to share their bargain finds and winnings with friends and family.
Hobbies & Interests
Top 20% in the U.S.Bookish
Always seeking the next book, article, or poem to read, this activity is prevalent in areas where reading is a way of life. Although a solo activity, the expression of the love of books is a bonding, communal experience.
Culture
Top 21% in the U.S.Artistic Appreciation
Galleries, city murals, and skillful latte art gets this population excited. They're always on the lookout for creative expression.
Straight answers
Coral Cove FAQs
Is Coral Cove a good place to live?+
It suits buyers who want a quiet, water-oriented setting with quick access to the Gulf and downtown Sarasota. Most homes come with a pool and many sit on the water, and the neighborhood is close to beaches on Lido Key and dining downtown. Assigned schools include Gulf Gate Elementary, Brookside Middle, and Riverview High.
Is Coral Cove expensive?+
Yes — it's a high-end pocket, with a median list price of $2,486,000 and asking prices ranging from $499,900 to $5,500,000. At about $585 per square foot, the premium reflects large homes and waterfront frontage on three of the four current listings.
What do homes cost in Coral Cove?+
Active listings carry a median list price of $2,486,000, while the four homes sold in the past year closed at a median of $830,000 — a gap that reflects which homes actually trade versus what's listed today. The typical home is about 4,606 square feet at roughly $585 per square foot.
How is the market in Coral Cove?+
Inventory is very tight, with only four active listings and four sales in the past 12 months. Homes that sell move at a median of 33 days on market, and sellers are getting about 97% of their asking price on average.
What about HOA and property taxes?+
The HOA burden here is minimal, with a median of just $21 a month. Property taxes run higher given the home values — a median of $16,849 a year.
Keep exploring
More Sarasota neighborhoods
Neighborhood boundary by edgeAI; listings matched to the polygon. 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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