Under Contract

$2,995,000

1023 Tocobaga LnSarasota, FL 34236

  • 3 beds
  • 3.5 baths
  • 3,599 sqft
  • 0.35 acres
  • 16 days on market

About this home

Under contract-accepting backup offers. 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 en-suite 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 spaces for vehicles, golf carts, kayaks, and recreational equipment, while the air-conditioned bonus room 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 en-suite 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. Armanda 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.

Facts

Property type
Single Family Residence
Year built
1994
Stories
3
Garage spaces
0
Lot size
0.35 acres
Pool
Yes
Waterfront
No
Water view
Bay/Harbor - Partial
Subdivision
TOCOBAGA BAY
Community
Tocobaga Bay
County
Sarasota
HOA fee
$2,000 / annually
CDD
0
Annual taxes
$27,942 (2025)
Flood zone
AE
Pets
Yes
New construction
No
MLS #
A4709668

Features

Interior
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
Appliances
Convection Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Range Hood, Refrigerator, Washer, Water Filtration System
Flooring
Carpet, Tile, Travertine
Heating
Central, Electric
Cooling
Central Air, Mini-Split Unit(s), Zoned
Exterior
Awning(s), Balcony, Courtyard, Lighting, Outdoor Grill, Storage
Patio & porch
Patio
Pool features
In Ground, Gunite, Heated, Pool Sweep, Salt Water, Tile
Parking
Driveway, Garage Door Opener, Garage Faces Side, Oversized, Tandem
Construction
Block, Stucco
Roof
Tile
Lot
City Limits, Landscaped, Level, Rectangle, Street Dead-End, Paved, Private
View
Water
Community features
Deed Restrictions, Gated Community - No Guard
Association amenities
Gated
Utilities
BB/HS Internet Available, Cable Available, Electricity Connected, Fiber Optics, Public, Sewer Connected, Water Connected
Water
Public
Sewer
Public Sewer
Elementary school
Gocio Elementary
Middle school
Booker Middle
High school
Booker High

Location

Stellar MLS Listing courtesy of MICHAEL SAUNDERS & COMPANY. MLS # A4709668.

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Stellar MLS

Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2026, Stellar MLS. Last updated: 2026-11-04 1:45 PM EST.