Active

$3,495,000

Features:
  • 3 Bedrooms
  • 4 Bathrooms
  • 3599 sq ft
Overview
  • ID: MFRA4694000
  • Bedrooms: 3
  • Bathrooms: 4
  • Size: 3599 sq ft
Property Details
Remarks
Sophisticated gated living just moments from the heart of downtown Sarasota. Evoking the timeless elegance of Palm Beach with the warmth of Old Florida charm, this exceptional Spanish Mediterranean residence is tucked within the exclusive gated waterfront enclave of Tocobaga Bay. One of only 9 private residences in the community, ideally positioned just moments from Sarasota’s renowned dining, arts, shopping, and waterfront attractions. Surrounded by lush tropical landscaping and tranquil water views, the home is thoughtfully designed for both sophisticated entertaining and relaxed everyday living. Expansive interiors are filled with natural light, highlighted by a grand foyer, travertine flooring, oversized floor-to-ceiling picture windows, motorized shades, and custom window treatments throughout. The residence features 3 bedrooms, each with its own ensuite bath, along with a media room or private office and a private 3-stop elevator. The oversized 4-car garage offers exceptional storage and ample space for vehicles, golf carts, kayaks, and recreational equipment, while the air-conditioned bonus room provides flexibility for a fitness studio, game room, private office, or additional storage. The newly renovated chef’s kitchen is beautifully appointed with premium finishes including a La Cornue gas cooktop, Sub-Zero refrigerator, custom Campbell Cabinetry, spacious walk-in pantry, oversized center island and Taj Mahal quartz countertops and backsplash. The oversized living room offers an inviting atmosphere for gathering, while the separate formal dining room is perfectly suited for elegant dinners and entertaining. The primary suite serves as a peaceful sanctuary complete with its own Juliette balcony, dual custom walk-in closets, and a spacious ensuite bath. Two additional guest suites occupy the third floor, each with private baths, offering ideal comfort and separation for family and guest. Designed to embrace Sarasota’s indoor-outdoor lifestyle, the open-air heated saltwater pool is surrounded by lush tropical landscaping and expansive patio space for lounging and dining. Additional improvements: new tile roof (2023), new irrigation system (2024), updated water heaters (2023 & 2024), electrical panels (2024), and updated A/C units. Residents enjoy access to the community day dock with direct bay access, perfect for boating and waterfront enjoyment. Perfectly located near Sarasota’s renowned beaches, St. Armands Circle, The Bay Park, and the iconic Ringling Bridge, this remarkable residence offers an exceptional lifestyle just minutes from the energy and culture of downtown Sarasota. Offered fully furnished and ready for immediate enjoyment.
Financial Considerations
Price:
$3,495,000
HOA Fee:
2000
Tax Amount:
$27942.47
Price per SqFt:
$971.1
Tax Legal Description:
LOT 4 TOCOBAGA BAY
Exterior Features
Lot Size:
15433
Lot Features:
City Limits, Landscaped, Level, Street Dead-End, Paved, Private
Waterfront:
No
Parking Spaces:
N/A
Parking:
Driveway, Garage Door Opener, Garage Faces Side, Oversized, Tandem
Roof:
Tile
Pool:
Yes
Pool Features:
Gunite, Heated, In Ground, Pool Sweep, Salt Water, Tile
Interior Features
Bedrooms:
3
Bathrooms:
4
Heating:
Central, Electric
Cooling:
Central Air, Mini-Split Unit(s), Zoned
Appliances:
Convection Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Range Hood, Refrigerator, Washer, Water Filtration System
Furnished:
Yes
Floor:
Carpet, Tile, Travertine
Levels:
Three Or More
Additional Features
Property Sub Type:
Single Family Residence
Style:
N/A
Year Built:
1994
Construction Type:
Block, Stucco
Garage Spaces:
Yes
Covered Spaces:
N/A
Direction Faces:
Southwest
Pets Allowed:
Yes
Special Condition:
None
Additional Features:
Awning(s), Balcony, Courtyard, French Doors, Lighting, Outdoor Grill, Sliding Doors, Storage
Additional Features 2:
3 months minimum and no more than once per year.
Map
  • Address
    1023 TOCOBAGA LN
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