1023 TOCOBAGA LANE Sarasota, FL $ 3,395,000
1023 TOCOBAGA LANE
$ 3,395,000
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1023 TOCOBAGA LANE

Sarasota, FL, 34236
$ 3,395,000
Bedrooms3 Baths3.1 Sq 3,599

Monthly Estimate*

$ 20,904

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Single Family Home for sale in Sarasota, FL

for $3,395,000 with 3 bedrooms and 3 full baths, 1 half bath. This 3,599 square foot home was built in 1994 on a lot size of 0.35.

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.

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Single Family Active

Price

$ 3,395,000

Bedrooms

3

Full Bath

3

Half Bath

1

Property Type

Single Family

Taxes

$ 27,942

Style

Mediterranean

Lot Size

0.35

Year Built

1994

Town/City

Sarasota

County/Region

Sarasota

MLS | Web ID

A4694000

Features
General
Sewer Public Sewer
Heating Central Electric
Cooling Central Air Mini-Split Unit(s) Zoned
Utilities BB/HS Internet Available Cable Available Electricity Connected Fiber Optics Public Sewer Connected Water Connected
Possession Close Of Escrow
Roof Tile
Appliances Convection Oven Dishwasher Disposal Dryer Electric Water Heater Exhaust Fan Microwave Range Range Hood Refrigerator Washer Water Filtration System
Zoning RSF1
HOA Fee 2000
Garage Spaces 4
Patio/Porch Features Patio
Architectural Style Mediterranean
Pool Features Gunite Heated In Ground Pool Sweep Salt Water Tile
Security Features Gated Community Security Gate Security System Owned Smoke Detector(s)
Construction Materials Block Stucco
Pets Allowed Yes
Year Built 1994
View Water
Levels Three Or More
Property Subtype Single Family Residence
Tax Year 2025
Ownership Fee Simple
Waterfront Features Bay/Harbor Front
Community Features Bay/Harbor Front Dock Water Access Deed Restrictions Gated Community - No Guard
Assoc Fee Paid Per Annually
County Sarasota
New Construction false
Property Type Residential
Association Amenities Gated
Attached Garage true
Subdivision Name TOCOBAGA BAY
Facing Direction Southwest
Garage Y/N true
Total Rooms 11
Full Baths 3
Status Active
Directions N Tamiami Trail to left onto Hampton Road. Slight right onto Tahiti Pkwy. Right onto Palmetto Lane. Left onto Tocobaga Lane. Gate code required. Home is on the right.
High School Booker High
City SARASOTA
Association Name Tocobaga Homeowner Assoc - TJ Arenberg President
Senior Community Y/N false
MLS Area 34236 - Sarasota
Lot Size Units Square Feet
Lot Size Square Feet 15433
Carport Y/N false
Listing Terms Cash Conventional
Elementary School Gocio Elementary
Land Lease Y/N false
Tax Annual Amount 27942.47
Middle/Junior High School Booker Middle
Property Condition Completed
Additional Parcels Y/N false
Lease Considered Y/N true
Virtual Tour https://pix360.com/phototour3/42499/
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Owner
Tax Lot 4
Legal Description LOT 4 TOCOBAGA BAY
Water View Bay/Harbor - Partial
Water Access Type Bay/Harbor
Minimum Lease 3 Months
Water Access Y/N true
Monthly HOA Amount 166.67
Additional Rooms Bonus Room Formal Dining Room Separate Formal Living Room Separate Media Room Storage Rooms
Water View Y/N true
Flood Zone Code AE
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Interior
Interior Amenities Built-in Features Ceiling Fan(s) Crown Molding Dry Bar Elevator High Ceilings Smart Home Solid Wood Cabinets Split Bedroom Stone Counters Thermostat Walk-In Closet(s) Window Treatments
Flooring Carpet Tile Travertine
Furnished Y/N Furnished
Total Stories 3
Air Conditioning Y/N true
Heating Y/N true
Window Features Drapes Rods Shades Shutters Window Treatments
Fireplace Y/N false
Half Baths 1
Laundry Features Electric Dryer Hookup Inside Laundry Room Washer Hookup
Total Bedrooms 3
Total Baths 4
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Exterior
Exterior Amenities Awning(s) Balcony Courtyard French Doors Irrigation System Lighting Outdoor Grill Sliding Doors Storage
Vegetation Mature Landscaping Trees/Landscaped
Fencing Fenced
Parking Features Driveway Garage Door Opener Garage Faces Side Oversized Tandem
Lot Features City Lot Landscaped Level Street Dead-End
Water Source Public
Lot Size Area 15433
Foundation Details Stilt/On Piling
Spa false
Building Area Total 5676
Lot Size Acres 0.35
Road Surface Type Paved
Private Pool true
Waterfront Y/N false
Covered Spaces 4
Road Frontage Type Street Dead-End Street Paved Private Road
Road Responsibility Private Maintained Road
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* Excluded Features
List By
Michael Saunders & Company

Broker

LindaDriggs@michaelsaunders.com

Email

Affordability Calculator

$23,232
Per Month
90%
10%
0%
Monthly Principal & Interest
$20,904
Monthly Property Taxes
$2,329
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
Booker High High School High School
Pricing History
DatePricePrice ChangeDescription
6/9/2026$3,395,000 -2.86% Price Down
5/29/2026$3,495,000 Listed Price

Map


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1023 TOCOBAGA LANE, Sarasota, FL, 34236 is a Single Family Home for sale at $3,395,000 with 3,599 sqft and a lot size of 0.35. 1023 TOCOBAGA LANE has 3 bedrooms, 3.1 baths, and was built in 1994. The property's zip code is 34236 which is in Sarasota, FL