7692 COVE TERRACE Sarasota, FL $ 3,990,000
7692 COVE TERRACE
$ 3,990,000
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7692 COVE TERRACE

Sarasota, FL, 34231
$ 3,990,000
Bedrooms3 Baths3.0 Sq 2,640

Monthly Estimate*

$ 24,567

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Single Family Home for sale in Sarasota, FL

for $3,990,000 with 3 bedrooms and 3 full baths. This 2,640 square foot home was built in 1972 on a lot size of 0.36.

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.

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Single Family Active

Price

$ 3,990,000

Bedrooms

3

Full Bath

3

Property Type

Single Family

Taxes

$ 24,467

Style

Single Family Residence

Lot Size

0.36

Year Built

1972

Town/City

Sarasota

County/Region

Sarasota

MLS | Web ID

A4680569

Features
General
Sewer Septic Tank
Heating Central Zoned
Cooling Central Air Zoned
Utilities Cable Available Electricity Available Fiber Optics Sprinkler Well
Roof Tile
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
Zoning RSF1
HOA Fee 150
Garage Spaces 2
Patio/Porch Features Covered Rear Porch
Pool Features Gunite In Ground Lighting
Construction Materials Block
Pets Allowed Yes
Year Built 1972
View Water
Levels One
Property Subtype Single Family Residence
Tax Year 2025
Ownership Fee Simple
Waterfront Features Bay/Harbor
Assoc Fee Paid Per Annually
County Sarasota
New Construction false
Property Type Residential
Attached Garage true
Subdivision Name SOUTHPOINTE SHORES
Facing Direction East
Garage Y/N true
Total Rooms 12
Full Baths 3
Status Active
Directions from Tamiami Trail turn onto Southpoint Dr turn left onto Cove Terrace the property is located on the right inn the cut-de-sac
High School Riverview High
City SARASOTA
Body of Water SARASOTA BAY
Senior Community Y/N false
MLS Area 34231 - Sarasota/Gulf Gate Branch
Lot Size Units Square Feet
Lot Size Square Feet 15822
Carport Y/N false
Elementary School Gulf Gate Elementary
Land Lease Y/N false
Tax Annual Amount 24467.43
Middle/Junior High School Brookside Middle
Additional Parcels Y/N false
Lease Considered Y/N true
Virtual Tour https://www.propertypanorama.com/instaview/stellar/A4680569
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Tenant
Tax Lot 79
Legal Description LOT 79 SOUTHPOINTE SHORES REPLAT OF UNIT 2
Water View Bay/Harbor - Full Gulf/Ocean - Full Gulf/Ocean to Bay
Water Access Type Bay/Harbor Intracoastal Waterway
Minimum Lease No Minimum
Water Access Y/N true
Monthly HOA Amount 12.5
Water View Y/N true
Flood Zone Code AE*
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Interior
Interior Amenities Built-in Features Ceiling Fan(s) Crown Molding Eating Space In Kitchen Kitchen/Family Room Combo Living Room/Dining Room Combo Open Floorplan Pest Guard System Primary Bedroom Main Floor Solid Surface Counters Solid Wood Cabinets Split Bedroom Stone Counters Thermostat Walk-In Closet(s)
Flooring Ceramic Tile Hardwood
Furnished Y/N Unfurnished
Total Stories 1
Air Conditioning Y/N true
Heating Y/N true
Window Features ENERGY STAR Qualified Windows Insulated Windows Low-Emissivity Windows Thermal Windows
Fireplace Y/N false
Half Baths 0
Laundry Features Inside Laundry Room
Total Bedrooms 3
Total Baths 3
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Exterior
Exterior Amenities French Doors Irrigation System Lighting Outdoor Grill Rain Gutters Sliding Doors
Parking Features Driveway Garage Door Opener Oversized
Lot Features Cul-De-Sac FloodZone In County Level Street Dead-End Tip Lot
Water Source Private Well
Lot Size Area 15822
Foundation Details Slab
Spa false
Building Area Total 3599
Lot Size Acres 0.36
Road Surface Type Paved
Private Pool true
Waterfront Y/N true
Covered Spaces 2
Road Frontage Type Street Dead-End Street Paved
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* Excluded Features
List By
Bright Realty

Broker

margeo2010@gmail.com

Email

Affordability Calculator

$26,606
Per Month
92%
8%
0%
Monthly Principal & Interest
$24,567
Monthly Property Taxes
$2,039
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
0 Elementary School
0 Middle School
Riverview High High School High School
Pricing History
DatePricePrice ChangeDescription
2/10/2026$3,990,000 Listed Price

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7692 COVE TERRACE, Sarasota, FL, 34231 is a Single Family Home for sale at $3,990,000 with 2,640 sqft and a lot size of 0.36. 7692 COVE TERRACE has 3 bedrooms, 3.0 baths, and was built in 1972. The property's zip code is 34231 which is in Sarasota, FL