64 photos in the listing
1023 Tocobaga Lane
Sarasota, FL 34236 · Sarasota County
$2,995,000
3
Beds
4
Baths
3,599
Sq ft
1994
Year built
Location
About this home
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 & features
Interior
- Bedrooms
- 3
- Bathrooms
- 4
- Living area
- 3,599 sq ft
- Stories
- 3
- Flooring
- Carpet, Tile, Travertine
- Appliances
- Convection Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Range Hood, Refrigerator, Washer, Water Filtration System
- Features
- 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
- Cooling
- Central Air, Mini-Split Unit(s), Zoned
- Heating
- Central, Electric
Exterior & lot
- Lot size
- 0.35 acres
- Construction
- Block, Stucco
- Roof
- Tile
- Features
- Awning(s), Balcony, Courtyard, Lighting, Outdoor Grill, Storage
- Pool
- Yes
Financial
- Price / sqft
- $832/sqft
- Annual tax
- $27,942.47
- Tax year
- 2025
- HOA fee
- $2,000
- HOA billed
- Annually
Utilities
- Utilities
- BB/HS Internet Available, Cable Available, Electricity Connected, Fiber Optics, Public, Sewer Connected, Water Connected
- Water
- Public
- Sewer
- Public Sewer
Property
- Property type
- Single Family
- Year built
- 1994
- Subdivision
- Tocobaga Bay
- Days on market
- Today
Estimate your monthly cost
Twenty percent down over thirty years at 6.5%. Insurance is not included.
- Principal & interest
- $15,144
- Property tax
- $2,329
- HOA dues
- $167
- Estimated monthly
- $17,640
Ask about this property
Answered from this listing’s own figures and the sales around it.
Similar homes nearby
Price history
From the property’s MLS record.
| Date | Event | Price | Change |
|---|---|---|---|
| Oct 19, 2026 | Listed | $2,995,000 | — |
Neighbourhood
The schools below come from the MLS record for this home. Walking, transit and cycling figures for Sarasota, FL are not connected yet, so this page does not show them.
About this area
SARASOTA, FL sits in Sarasota County. Asking prices on the 8 nearest homes we hold run from $1,849,000 to $5,750,000, with $3,074,500 in the middle. Those are asking prices, not closed sales. The MLS record names Gocio Elementary (elementary), Booker Middle (middle), Booker High (high) as the assigned schools.
Written from this listing’s own record and the homes we hold nearby.
- Elementary school
- Gocio Elementary
- Assigned school from the MLS record
- Middle school
- Booker Middle
- Assigned school from the MLS record
- High school
- Booker High
- Assigned school from the MLS record
Frequently asked questions
What would 1023 TOCOBAGA LANE, SARASOTA cost per month?
About $17,640 a month: $15,144 principal and interest, $2,329 property tax, $167 HOA. That assumes 20% down at 6.5% over 30 years, and leaves out insurance.
Is 1023 TOCOBAGA LANE, SARASOTA priced fairly?
Comparable homes nearby put it between $2,679,330 and $3,082,670, with $2,881,000 in the middle. Those are asking prices, not closed sales: 8 properties of the same type within three miles, each within 20% of this one's size and a bedroom either way, at a median of $801 a square foot.
How does 1023 TOCOBAGA LANE, SARASOTA compare to nearby homes?
8 comparable properties within three miles. The nearest: 922 INDIAN BEACH DRIVE, SARASOTA, FL at $1,950,000, 3,234 sq ft, 0.5 miles away; 1111 RITZ CARLTON DRIVE, SARASOTA, FL at $3,850,000, 4,276 sq ft, 1.01 miles away; 1719 7TH STREET, SARASOTA, FL at $1,849,000, 3,338 sq ft, 1.14 miles away.
How long has 1023 TOCOBAGA LANE, SARASOTA been on the market?
It came on the market today.
Has the price of 1023 TOCOBAGA LANE, SARASOTA changed?
The price has not moved since it was listed.
How big is 1023 TOCOBAGA LANE, SARASOTA?
3 bed, 4 bath, 3,599 square feet. That is $832 a square foot.
What year was 1023 TOCOBAGA LANE, SARASOTA built?
Built in 1994.
What is the HOA fee at 1023 TOCOBAGA LANE, SARASOTA?
The association fee works out to $167 a month.
What are the property taxes at 1023 TOCOBAGA LANE, SARASOTA?
Property tax works out to about $2,329 a month, $27,942 a year, on the 2025 assessment.
Is 1023 TOCOBAGA LANE, SARASOTA still available?
It is still on the market.
Listing
- Listed by
- Linda Driggs
- Brokerage
- MICHAEL SAUNDERS & COMPANY
- MLS number
- MFR814137425
Listing information is deemed reliable but is not guaranteed.