To schedule a showing of 1023 Tocobaga Lane, Sarasota, Florida, Call David Shippey at 863-521-4517 TODAY!

$3,250,000 Reduced -$145,000
1023 Tocobaga Lane
Sarasota, FL 34236
  • 3Beds
  • 4.00Total Baths
  • 3 Full, 1 HalfBaths
  • 3,599SqFt
  • 1994Year Built
  • 0.35Acres
  • MLS# A4694000
  • Residential
  • SingleFamilyResidence
  • Active

  • Approx Time on Market1 month, 20 days
  • Area34236 - Sarasota
  • CountySarasota
  • Subdivision Tocobaga Bay

Overview

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.



Agriculture / Farm

Association Fees / Info

Community Features:  Dock, Waterfront, WaterAccess, Gated

Pets Allowed:  Yes

Hoa Frequency Rate:  2000

Association:  Yes

Association Amenities:  Gated

Hoa Fees Frequency:  Annually

Bathroom Info

Total Baths:  4.00

Fullbaths:  3

Building Info

Window Features:  Drapes, Rods, Shutters, WindowTreatments

Roof:  Tile

Building Area Source:  PublicRecords

Buyer Compensation

Exterior Features

Style:  SpanishMediterranean

Pool Features:  Gunite, Heated, InGround, PoolSweep, SaltWater, Tile

Patio:  Patio, Balcony

Pool Private:  Yes

Exterior Features:  Awnings, Balcony, Courtyard, FrenchPatioDoors, SprinklerIrrigation, Lighting, OutdoorGrill, Storage

Fees / Restrictions

Financial

Original Price:  $3,495,000

Disclosures:  CovenantsRestrictionsDisclosure

Fencing:  Fenced

Garage / Parking

Parking Features:  Driveway, Garage, GarageDoorOpener, Oversized, GarageFacesSide, Tandem

Attached Garage:  Yes

Garage:  Yes

Green / Env Info

Interior Features

Floors:  Carpet, Tile, Travertine

Levels:  ThreeOrMore

Laundry Features:  WasherHookup, ElectricDryerHookup, Inside, LaundryRoom

Interior Features:  BuiltInFeatures, CeilingFans, CrownMolding, DryBar, Elevator, HighCeilings, StoneCounters, SplitBedrooms, SmartHome, WalkInClosets, WoodCabinets, WindowTreatments, SeparateFormalDiningRoom, SeparateFormalLivingRoom

Appliances:  ConvectionOven, Dryer, Dishwasher, ExhaustFan, ElectricWaterHeater, Disposal, Microwave, Range, Refrigerator, RangeHood, WaterPurifier, Washer

Lot Info

Direction Remarks:  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.

Lot Size Units:  Acres

Lot Size Acres:  0.35

Lot Sqft:  15,433

Vegetation:  PartiallyWooded

Lot Desc:  CityLot, DeadEnd, Flat, Level, PrivateRoad, Landscaped

Misc

Other

Special Conditions:  None

Security Features:  SecuritySystemOwned, SecurityGate, SmokeDetectors, GatedCommunity

Other Rooms Info

Property Info

Section:  13

Class Type:  SingleFamilyResidence

Property Sub Type:  SingleFamilyResidence

Property Condition:  NewConstruction

Construction Materials:  Block, Stucco

Total Stories:  3

Foundation:  PillarPostPier

Human Modified:  Yes

Room Info

Total Rooms:  11

Sqft Info

Sqft:  3,599

Bulding Area Sqft:  5,676

Living Area Units:  SquareFeet

Living Area Source:  PublicRecords

Tax Info

Tax Year:  2,025

Tax Lot:  4

Tax Legal Description:  LOT 4 TOCOBAGA BAY

Tax Annual Amount:  27942.47

Tax Book Number:  34-50

Unit Info

Utilities / Hvac

Heating:  Central, Electric

Water Source:  Public

Sewer:  PublicSewer

Cool System:  CentralAir, Ductless, Zoned, CeilingFans

Cooling:  Yes

Heating:  Yes

Utilities:  CableAvailable, ElectricityConnected, FiberOpticAvailable, HighSpeedInternetAvailable, MunicipalUtilities, SewerConnected, WaterConnected

Waterfront / Water

Waterfront Features:  BayAccess

View:  Yes

View:  Bay, Water

Schools

Elem:  Gocio Elementary

Middle:  Booker Middle

High:  Booker High

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.

This listing courtesy of Michael Saunders & Company 

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Price & Status History (on davidshippey.com since Fri, May 22nd 2026)
  • Original Price: $3,495,000
  • Current Price: $3,250,000
  • Price Reduced: $245,000
Date ChangedFromTo
07/10/2026$3,395,000 $3,250,000 Reduced by $145,000
06/09/2026$3,495,000 $3,395,000 Reduced by $100,000

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If you have any questions on 1023 Tocobaga Lane, Sarasota, Florida, please call David Shippey at 863-521-4517.


MLS# A4694000 located at 1023 Tocobaga Lane, Sarasota, Florida is brought to you by David Shippey REALTOR®

1023 Tocobaga Lane, Sarasota, Florida has 3 Beds, 3 Full Bath, and 1 Half Bath.
The MLS Number for 1023 Tocobaga Lane, Sarasota, Florida is A4694000.
The price for 1023 Tocobaga Lane, Sarasota, Florida is $3,250,000.
The status of 1023 Tocobaga Lane, Sarasota, Florida is Active.
The subdivision of 1023 Tocobaga Lane, Sarasota, Florida is Tocobaga Bay.
The home located at 1023 Tocobaga Lane, Sarasota, Florida was built in 2026.