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$3,395,000
$943/sqft3% reduced
HOA: $2,000/anTaxes: $27,942/yr11d on market

Tocobaga Bay

1023 TOCOBAGA LN, SARASOTA, FL, 34236

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3 Beds|4 Baths|3,599 Sq Ft|Built 1994|4 Car Garage
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C2C

Coast 2 Coast Home Realty

Licensed Florida Realtors

4.9· 214 reviews

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Buyer Insights

Here's what we know about this listing.

Why this home stands out

  • Price reduced 3% ($100,000 off original)
  • Fresh listing — 11 days on market
  • Updated today

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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.

Subdivision
TOCOBAGA BAY
County
Sarasota
Zip Code
34236
Community
Tocobaga Bay

School Report Card

Source: FL Dept. of Education

ABCDF
Elementary
Middle
High
Type
Single Family Residence
Living Area
3,599 sqft
Construction
Block, Stucco
Roof
Tile
Flooring
Carpet, Tile, Travertine
Pool
Yes
HOA
$2,000 / Annually
  • Built-in Features
  • Ceiling Fans(s)
  • Crown Molding
  • Dry Bar
  • Elevator
  • High Ceilings
  • Smart Home
  • Solid Wood Cabinets
  • Split Bedroom
  • Stone Counters
  • Thermostat
  • Walk-in Closet(s)
  • Window Treatments
  • Awning(s)
  • Balcony
  • Courtyard
  • French Doors
  • Lighting
  • Outdoor Grill
  • Sliding Doors
  • Storage
  • Convection Oven
  • Dishwasher
  • Disposal
  • Dryer
  • Electric Water Heater
  • Exhaust Fan
  • Microwave
  • Range
  • Range Hood
  • Refrigerator
  • Washer
  • Water Filtration System
  • Electric Dryer Hookup
  • Inside
  • Laundry Room
  • Washer Hookup
  • Patio
  • City Limits
  • Landscaped
  • Level
  • Street Dead-end
  • Paved
  • Private
  • Bb/hs Internet Available
  • Cable Available
  • Electricity Connected
  • Fiber Optics
  • Public
  • Sewer Connected
  • Water Connected
  • Deed Restrictions
  • Gated Community - No Guard
  • Bay/harbor Front
  • Dock
  • Water Access
  • Gated
Bedrooms
3
Bathrooms
4
Year Built
1994
Construction
Block, Stucco
Flooring
Carpet, Tile, Travertine
Roof
Tile
Garage Spaces
4
Cooling
Central Air, Mini-split Unit(s), Zoned
Heating
Central, Electric
Waterfront
No
Pet Restrictions
Yes
Lot Size
0.35 acres
Senior Community
No
Building Elevator
Pet Size
# of Pets
Max Pet Weight
Tax Year
2025
Annual Tax Amount
$27,942

Association Fees

  • HOA Fee

    Tocobaga Homeowner Assoc - TJ Arenberg, President

    $2,000/ Annually

Down Payment20% — $679,000
Interest Rate6.50%
Loan Term
Est. Mortgage
$17,167
HOA Fee
$167
Est. Property Tax
$2,329
Est. Insurance
$1,132
Total Est. Monthly Cost$20,794

* Estimates are for illustration purposes only and do not constitute an offer of financial advice. Actual rates, payments, insurance, and taxes will vary based on credit, location, and other factors. Contact a licensed mortgage professional for a personalized quote. Homeowners insurance estimate based on Florida averages.

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