Active

$3,990,000

Features:
  • 3 Bedrooms
  • 3 Bathrooms
  • 2640 sq ft
Overview
  • ID: MFRA4680569
  • Bedrooms: 3
  • Bathrooms: 3
  • Size: 2640 sq ft
Property Details
Remarks
A truly exceptional opportunity, this premier point-lot estate in Dolphin Cove represents one of Sarasota’s most coveted waterfront opportunities. Perfectly positioned on Sarasota Bay, the property boasts approximately 210 feet of deep-water frontage, ideal for large yachts and sailboats, with panoramic, unobstructed bay views that feel endless. Whether your vision is to expand the existing residence, downsize in style, build a custom waterfront masterpiece, this rare property provides remarkable flexibility. The home now features a brand-new dock, along with newly enhanced elevation for peace of mind. Tucked away on a quiet cul-de-sac, the residence is designed to maximize its stunning setting, with walls of windows framing the water from nearly every angle. The open-concept Florida-style layout includes a split floor plan with two primary suites, one offering direct pool access. The chef’s kitchen is thoughtfully designed with premium finishes and functionality in mind: quartzite countertops (harder than granite with a soft, non-glare finish), custom solid-wood cabinetry, dual dishwashers, oversized sink, under-counter water filtration, double ovens with convection and roasting capabilities, a paneled refrigerator with ice maker, and two built-in wine refrigerators. The living and dining areas are equipped with motorized sun-filtering blinds, allowing effortless control of light and views. The main primary suite features a spa-style bath with dual vanities, a Jacuzzi soaking tub, walk-in shower, walk-in closet, and an electric fireplace (with a wood-burning option behind it), all opening seamlessly to the backyard and waterfront beyond. Outdoor living is elevated with a covered rear patio addition, complete with a professional-grade outdoor grill and rotisserie, finished in Italian shell-stone pavers compressed to 4% porosity—beautiful, durable, and resistant to staining. The PebbleTec swimming pool is surrounded by matching shell-stone decking accented with natural oblong shells that shimmer in the sunlight. Boating enthusiasts will appreciate the brand new private dock with a 13,000-pound boat lift, strategically placed along the right side of the seawall to preserve uninterrupted water views—no dock blocking your horizon here. Additional features include a concrete tile roof with a modified bitumen secondary membrane, hurricane-impact windows and doors, high-efficiency HVAC with updated ductwork, new water supply lines, an 80-gallon water heater, private well with zoned irrigation, and a two-and-a-half-car garage with sink and hurricane-rated doors. The seller reports that county guidelines (buyer to verify) allow for a structure of approximately 5,537 square feet on the main level, with the potential for a second story—an exceptionally rare opportunity for waterfront construction of this scale. This is a one-of-a-kind Sarasota Bay property offering privacy, scale, and timeless waterfront appeal. Please schedule s showing to fully appreciate the details and setting of this extraordinary home.
Financial Considerations
Price:
$3,990,000
HOA Fee:
150
Tax Amount:
$24467.43
Price per SqFt:
$1511.36
Tax Legal Description:
LOT 79 SOUTHPOINTE SHORES REPLAT OF UNIT 2
Exterior Features
Lot Size:
15822
Lot Features:
Cul-De-Sac, FloodZone, In County, Level, Street Dead-End, Paved, Tip Lot
Waterfront:
Yes
Parking Spaces:
N/A
Parking:
Driveway, Garage Door Opener, Oversized
Roof:
Tile
Pool:
Yes
Pool Features:
Gunite, In Ground, Lighting
Interior Features
Bedrooms:
3
Bathrooms:
3
Heating:
Central, Zoned
Cooling:
Central Air, Zoned
Appliances:
Built-In Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Kitchen Reverse Osmosis System, Microwave, Range Hood, Refrigerator, Washer, Water Filtration System, Water Purifier, Whole House R.O. System, Wine Refrigerator
Furnished:
Yes
Floor:
Ceramic Tile, Wood
Levels:
One
Additional Features
Property Sub Type:
Single Family Residence
Style:
N/A
Year Built:
1972
Construction Type:
Block
Garage Spaces:
Yes
Covered Spaces:
N/A
Direction Faces:
East
Pets Allowed:
Yes
Special Condition:
None
Additional Features:
French Doors, Lighting, Outdoor Grill, Rain Gutters, Sliding Doors
Additional Features 2:
N/A
Map
  • Address
    7692 COVE TER
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