7692 COVE TERRACE
SARASOTA, FL, 34231
Price$3,990,000
Beds3
Baths3
SqFt2,640
Baths3
SqFt2,640
Status:Active
Property Type:Residential
School:
Property Type:Residential
School:
One or more photo(s) has been virtually staged. A truly exceptional opportunity, this premier point-lot estate in Dolphin Cove represents one of Sarasota’s most coveted waterfront opportunities. Perfectly positioned on Sarasota Bay, the property boasts approximately 210 feet of deep-water frontage, ideal for large yachts and sailboats, with panoramic, unobstructed bay views that feel endless.
Whether your vision is to expand the existing residence, downsize in style, build a custom waterfront masterpiece, this rare property provides remarkable flexibility. The home now features a brand-new dock, along with newly enhanced elevation for peace of mind.
Tucked away on a quiet cul-de-sac, the residence is designed to maximize its stunning setting, with walls of windows framing the water from nearly every angle. The open-concept Florida-style layout includes a split floor plan with two primary suites, one offering direct pool access.
The chef’s kitchen is thoughtfully designed with premium finishes and functionality in mind: quartzite countertops (harder than granite with a soft, non-glare finish), custom solid-wood cabinetry, dual dishwashers, oversized sink, under-counter water filtration, double ovens with convection and roasting capabilities, a paneled refrigerator with ice maker, and two built-in wine refrigerators.
The living and dining areas are equipped with motorized sun-filtering blinds, allowing effortless control of light and views. The main primary suite features a spa-style bath with dual vanities, a Jacuzzi soaking tub, walk-in shower, walk-in closet, and an electric fireplace (with a wood-burning option behind it), all opening seamlessly to the backyard and waterfront beyond.
Outdoor living is elevated with a covered rear patio addition, complete with a professional-grade outdoor grill and rotisserie, finished in Italian shell-stone pavers compressed to 4% porosity—beautiful, durable, and resistant to staining. The PebbleTec swimming pool is surrounded by matching shell-stone decking accented with natural oblong shells that shimmer in the sunlight.
Boating enthusiasts will appreciate the brand new private dock with a 13,000-pound boat lift, strategically placed along the right side of the seawall to preserve uninterrupted water views—no dock blocking your horizon here.
Additional features include a concrete tile roof with a modified bitumen secondary membrane, hurricane-impact windows and doors, high-efficiency HVAC with updated ductwork, new water supply lines, an 80-gallon water heater, private well with zoned irrigation, and a two-and-a-half-car garage with sink and hurricane-rated doors.
The seller reports that county guidelines (buyer to verify) allow for a structure of approximately 5,537 square feet on the main level, with the potential for a second story—an exceptionally rare opportunity for waterfront construction of this scale.
This is a one-of-a-kind Sarasota Bay property offering privacy, scale, and timeless waterfront appeal. Please schedule s showing to fully appreciate the details and setting of this extraordinary home.
| Price | $3,990,000 | |
| Bedrooms | 3 | |
| Full Baths | 3 | |
| Half Baths | 0 | |
| Total Baths | 3 | |
| Lot Size Area | 15822 | |
| Lot Size Area Units | Square Feet | |
| Acres | 0.36 | |
| Property Type | Residential | |
| Sub type | Single Family Residence | |
| MLS Sub type | Single Family Residence | |
| Features | Built-in Features, Ceiling Fan(s), Crown Molding, Eating Space In Kitchen, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Pest Guard System, Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Walk-In Closet(s) | |
| Exterior Features | French Doors, Irrigation System, Lighting, Outdoor Grill, Rain Gutters, Sliding Doors | |
| Year Built | 1972 | |
| Subdivision | SOUTHPOINTE SHORES | |
| View | Water | |
| Roof | Tile | |
| Waterfront | SARASOTA BAY | |
| Heating | Central, Zoned | |
| Foundation | Slab | |
| Lot Description | Cul-De-Sac, FloodZone, In County, Level, Street Dead-End, Tip Lot | |
| Laundry Features | Inside, Laundry Room | |
| Pool features | Gunite, In Ground, Lighting | |
| Parking Description | Driveway, Garage Door Opener, Oversized | |
| Garage spaces | 2 | |
| Association Fee | 150 | |
| Directions | from Tamiami Trail turn onto Southpoint Dr, turn left onto Cove Terrace, the property is located on the right inn the cut-de-sac | |
| County | Sarasota | |
| Latitude | 27.240508 | |
| Longitude | -82.513798 | |
| Market Area | 34231 – Sarasota/Gulf Gate Branch | |
| Address | 7692 COVE TERRACE, SARASOTA, FL 34231 | |
| Postal Code | 34231 | |
| City | SARASOTA | |
| State | FL | |
| Country | United States | |
| Listing Office | BRIGHT REALTY | |
| Listing Office Phone | 941-552-6036 | |
| Listing Agent | Mariele Hoffman | |
| Listing Agent Phone | 941-225-0800 | |
| Special listing conditions | None | |
| Ownership | Fee Simple | |
| Virtual Tour URL | https://www.propertypanorama.com/instaview/stellar/A4680569 | |
| Elementary School | Gulf Gate Elementary | |
| Middle School | Brookside Middle | |
| High School | Riverview High | |
| Days on market | 17 | |
| MLS Status | Active | |
| Listing Date | Feb 10, 2026 | |
| Listing Last Modified | Feb 27, 2026 | |
| Tax ID | 0112130001 | |
| Tax Year | 2025 | |
| Tax Annual Amount | 24467 | |
| MLS Area | 34231 – Sarasota/Gulf Gate Branch | |
| MLS # | A4680569 | |
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