For sale Home

Listed Mar 4, 2026

$1,570,000 Est. $10,384/mo

5500 Merrimac Drive

  • 4

    Beds

  • 4

    Baths

  • 2,790

    Sq ft

The story

  • Pool
  • Waterfront

Live the Ultimate Florida Lifestyle in This Waterfront Paradise! Nestled in the heart of Phillippi Gardens, this extraordinary property offers the perfect blend of tranquility, luxury, and convenience. Set on an OVERSIZED .61-ACRE LOT WITH OVER 400 FEET OF PRIVATE WATER FRONTAGE. Along two serene waterways just off Phillippi Creek, this home is a true tropical oasis—peaceful and secluded, yet minutes from everything Sarasota has to offer. Inside, the residence showcases a flexible layout with FOUR SPACIOUS BEDROOMS, some easily adaptable for office, studio, or guest use, and FOUR FULL BATHROOMS making it ideal for hosting loved ones and guests. The interior has been thoughtfully updated from 2017 through 2024 blending modern comfort with timeless charm. Interior Highlights Include: An expansive great room with a DUAL-SIDED WOOD-BURNING FIREPLACE, a gourmet kitchen featuring stainless steel appliances, farmhouse sink and pot filler. Three bedrooms on the main level, including one en-suite, and a second-floor master suite with a PRIVATE BALCONY OFFERING BREATHTAKING SUNRISE AND SUNSET VIEWS. Step outside and feel like you're on vacation every day. The lush, tropical grounds are packed with resort-style amenities: Tiki hut with a full bar and grill, two fire pits, five-zone low-voltage night lighting creating a magical evening ambiance, heated pool and spa, boat lift, a new boathouse (2019) and new seawall (2023/2024). Additional Upgrades: Two new A/C units (2019), septic-to-sewer conversion (2018). Tucked away at the end of a quiet cul-de-sac, this home offers privacy without sacrificing accessibility. You're just a short bike ride to the Gulf beaches, near The Landings for shopping and dining, and minutes from downtown Sarasota’s vibrant arts and culture scene.

Facts & features

Home type

Home

Year built

1974

Floors

2

Lot size

1 acres

Price per sq ft

$563

Parking

2-car garage

Included features

  • Pool

    Yes

  • Fireplace

    Yes

  • Cooling

    Central Air, Zoned

  • Heating

    Central, Electric

  • Appliances

    Dishwasher, Microwave, Range, Refrigerator

  • Flooring

    Carpet, Vinyl

  • Roof

    Shingle

  • Lot Information

    Cul-De-Sac

  • Exterior

    Balcony, Outdoor Kitchen

  • Water Source

    Public

  • Sewer

    Public Sewer

  • View

    Water

Mortgage calculator

Estimated monthly payment

$10,384 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $8,356
  • Property tax $1,570
  • Insurance $458

Includes principal, interest, taxes & insurance.

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Listing Broker

COLDWELL BANKER REALTY

Broker Name

COLDWELL BANKER REALTY

Agent

Steve Abbe