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.
Property Details
Price:
$2,995,000
MLS #:
A4709668
Status:
Active
Beds:
3
Baths:
3.5
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
TOCOBAGA BAY
Neighborhood:
34236sarasota
Listed Date:
Oct 19, 2026
Finished Sq Ft:
3,599
Total Sq Ft:
5,676
Lot Size:
15,433 sqft / 0.35 acres (approx)
Year Built:
1994
See this Listing
Schools
Elementary School:
Gocio Elementary
Middle School:
Booker Middle
High School:
Booker High
Interior
Appliances
Convection Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Range Hood, Refrigerator, Washer, Water Filtration System
Bathrooms
3 Full Bathrooms, 1 Half Bathroom
Cooling
Central Air, Mini-Split Unit(s), Zoned
Flooring
Carpet, Tile, Travertine
Heating
Central, Electric
Interior Features
Built-in Features, Ceiling Fan(s), Crown Molding, Dry Bar, Elevator, High Ceilings, Smart Home, Smart Thermostat, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Walk-In Closet(s), Window Treatments
Laundry Features
Electric Dryer Hookup, Inside, Laundry Room, Sink, Washer Hookup
Levels
Three Or More
Exterior
Architectural Style
Mediterranean
Association Amenities
Gated
Attached Garage YN
1
Community Features
Bay/Harbor Front, Dock, Water Access, Deed Restrictions, Gated Community – No Guard
Construction Materials
Block, Stucco
Direction Faces
Southwest
Exterior Features
Awning(s), Balcony, Courtyard, French Doors, Irrigation System, Lighting, Outdoor Grill, Sliding Doors, Storage
Fencing
Fenced
Lot Features
City Lot, Landscaped, Level, Rectangular Lot, Street Dead-End
Open Parking YN
1
Parking Features
Driveway, Garage Door Opener, Garage Faces Side, Oversized, Tandem
Patio And Porch Features
Patio
Roof
Tile
Security Features
Gated Community, Security Gate, Security System Owned, Smart Security, Smoke Detector(s)
View
Water
Waterfront Features
Bay/Harbor Front
Window Features
Drapes, Rods, Shades, Shutters, Window Treatments
Financial
HOA Fee
$2,000
HOA Fee Frequency
Annually
HOA Name
Tocobaga Homeowner Assoc – TJ Arenberg, President
Tax Year
2025
Taxes
$27,942
Map
Community
- Address1023 TOCOBAGA LANE SARASOTA FL
- SubdivisionTOCOBAGA BAY
- CitySARASOTA
- CountySarasota
- Zip Code34236
Market Summary
Current real estate data for Single Family in SARASOTA as of Oct 19, 2026
1,805
Single Family Listed
117
Avg DOM
459
Avg $ / SqFt
$1,336,552
Avg List Price
Property Summary
- Located in the TOCOBAGA BAY subdivision, 1023 TOCOBAGA LANE SARASOTA FL is a Single Family for sale in SARASOTA, FL, 34236. It is listed for $2,995,000 and features 3 beds, 4 baths, and has approximately 3,599 square feet of living space, and was originally constructed in 1994. The current price per square foot is $832. The average price per square foot for Single Family listings in SARASOTA is $459. The average listing price for Single Family in SARASOTA is $1,336,552. To schedule a showing of MLS#a4709668 at 1023 TOCOBAGA LANE in SARASOTA, FL, contact your InvestPro Properties, Inc. agent at 561-203-7022.
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Courtesy of MICHAEL SAUNDERS & COMPANY. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Orlando/Tampa – FL. Detailed information about real estate listings held by brokerage firms other than InvestPro Properties, Inc. include the name of the listing broker. Neither the listing company nor InvestPro Properties, Inc. shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. Orlando/Tampa – FL. All rights reserved. 1023 TOCOBAGA LANE
SARASOTA, FL
