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For sale
  • Price cut: $200K (5/30)
    $3,295,000

    7637 COVE TERRACE, SARASOTA, FL 34231

    4beds
    3,799sqft
    : 
    $21,389/mo
    Get pre-qualified
    Single Family Residence
    Built in 2004
    0.34 Acres Lot
    $3,068,900 Zestimate®
    $867/sqft
    $25/mo HOA

    What's special

    Fenced yardBuilt-in island seatingOutdoor kitchenStone countersOpen light-filled layoutSailboat depth-water accessTray ceilings
    Price improved to sell! 7637 Cove Terrace, an elegant 4-bedroom, 3 full bath and 2 half bath custom residence located in the coveted waterfront community of Southpointe Shores. Beautifully renovated in 2023, offering 3,799 square ft of heated living space, this meticulously maintained home combines Florida architectural style with modern comfort and exceptional boating amenities. Set on a 0.34-acre lot with over 100 feet of direct saltwater canal frontage, the property provides sailboat depth-water access plus a large private dock equipped with electric and water, and has been upgraded with TWO Boat lifts: a 40,000lb lift and an additional 10,000K lift, making it an outstanding choice for boating enthusiasts. Enjoy serene views of the wide canal with deep water access to the Intracoastal Waterway from your own backyard. Inside, the home welcomes you with an open, light-filled layout enhanced by tray ceilings, crown molding, granite counters, walk-in closets, and a spacious primary suite on the main floor. The gourmet kitchen, remodeled in 2024, features Thermador™ appliances, a walk-in pantry, a gas cooktop, range hood, dishwasher, refrigerator, and built-in island seating, flowing seamlessly into the living and dining areas — ideal for everyday living or entertaining. All three guest bedrooms are located on the main level, each offering generous dimensions and built-in closets, with Bedroom 2 featuring an en-suite bath. An oversized second-floor bonus space provides flexibility for a game room, media room, office, or guest retreat and includes a terrace, a powder room, a wet bar and a beverage refrigerator for ease of entertaining. The outdoor living space is exceptional: the private screened area hosts the heated pool and in-ground spa, both resurfaced in 2023, expansive covered lanai with new travertine, outdoor kitchen, balcony, fenced yard, and thoughtful exterior details such as French doors, lighting, rain gutters, and sliding glass doors. Whether relaxing or hosting, this home’s outdoor spaces offer year-round enjoyment. For added peace of mind, the home is elevated to nearly 12 feet — well above FEMA flood plain requirements. A host of thoughtful upgrades further protect and elevate your lifestyle: new hurricane-grade front entry doors (2024), a fully redone 100.7-foot seawall (2015), two 5-ton A/C units (2026 & 2024, each with a transferable 10-year warranty), and fresh interior and exterior paint (2024). The home is also equipped with gas, and a dedicated 45-gallon water heater for the primary suite. Tile roof and block/stucco construction ensure lasting durability. To top it all off, storage is never a concern — enjoy an attached 2-car garage plus an additional oversized 1-car garage, perfect for a third vehicle or extra storage for your water toys! Nestled within the desirable Southpointe Shores community, this home benefits from top-rated school zones and a serene, upscale waterfront atmosphere. The neighborhood’s private boat ramp, available for a minimal annual fee, enhances its appeal for boating enthusiasts. Perfectly situated close to Sarasota’s premier shopping, dining, beaches, and marinas, the property still offers the tranquility, water access, and elevated coastal living that define a true retreat.
    138 days
    |
    600
    |
    19
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    Zillow last checked:

    Listing updated:

    Listed by:

    Julie Lojacono Mackie 773-704-1438,

    COLDWELL BANKER REALTY 941-383-6411

    Source: Stellar MLS,MLS#: A4684647MLS LogoOriginating MLS: Sarasota - Manatee

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 5
      • Full bathrooms: 3
      • 1/2 bathrooms: 2
      Rooms
      • Room types: Family Room, Media Room
      Primary bedroom
      • Features: En Suite Bathroom, Walk-In Closet(s)
      • Level: First
      • Area: 345 Square Feet
      • Dimensions: 23x15
      Bedroom 2
      • Features: En Suite Bathroom, Built-in Closet
      • Level: First
      • Area: 168 Square Feet
      • Dimensions: 14x12
      Bedroom 3
      • Features: Built-in Closet
      • Level: First
      • Area: 195 Square Feet
      • Dimensions: 15x13
      Bedroom 4
      • Features: Built-in Closet
      • Level: First
      • Area: 182 Square Feet
      • Dimensions: 14x13
      Dining room
      • Level: First
      • Area: 210 Square Feet
      • Dimensions: 15x14
      Kitchen
      • Features: Kitchen Island, Pantry
      • Level: First
      • Area: 234 Square Feet
      • Dimensions: 18x13
      Living room
      • Level: First
      • Area: 380 Square Feet
      • Dimensions: 19x20
      Heating
      • Central, Electric
      Cooling
      • Central Air
      Appliances
      • Included: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Range Hood, Refrigerator, Washer
      • Laundry: Inside, Laundry Room
      Features
      • Ceiling Fan(s), Crown Molding, Eating Space In Kitchen, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Stone Counters, Thermostat, Tray Ceiling(s), Walk-In Closet(s)
      • Flooring: Carpet, Ceramic Tile, Other, Hardwood
      • Doors: French Doors, Outdoor Grill, Sliding Doors
      • Has fireplace: No
      Interior area
      • Total structure area: 5,422
      • Total interior livable area: 3,799 sqft

      Property

      Parking
      • Total spaces: 3
      • Parking features: Garage Door Opener, Oversized
      • Attached garage spaces: 3
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Covered, Deck, Screened
      • Exterior features: Balcony, Lighting, Outdoor Grill, Private Entrance, Private Yard, Rain Gutters, Sidewalk
      • Has private pool: Yes
      • Pool features: In Ground, Screen Enclosure
      • Has spa: Yes
      • Spa features: In Ground
      • Fencing: Fenced
      • Has view: Yes
      • View description: Pool, Water, Canal, Intracoastal Waterway
      • Has water view: Yes
      • Water view: Water,Canal,Intracoastal Waterway
      • Waterfront features: Canal - Saltwater, Saltwater Canal Access, Bridges - No Fixed Bridges, Lift, Sailboat Water, Seawall
      Lot
      • Size: 0.34 Acres
      • Features: In County
      • Residential vegetation: Mature Landscaping, Trees/Landscaped
      Details
      • Additional structures: Other, Outdoor Kitchen
      • Parcel number: 0112130031
      • Zoning: RSF-1
      • Special conditions: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Florida
      • Property subtype: Single Family Residence
      Materials
      • Block, Stucco
      • Foundation: Slab
      • Roof: Tile
      Condition
      • New construction: No
      • Year built: 2004

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Public
      • Utilities for property: BB/HS Internet Available, Cable Available, Electricity Connected, Natural Gas Connected, Public, Sewer Connected, Underground Utilities, Water Connected

      Community & HOA

      Community
      • Security: Security System Owned, Smoke Detector(s)
      • Pet fee: $0 monthly
      • Subdivision: SOUTHPOINTE SHORES UNIT 1
      HOA
      • Has HOA: Yes
      • HOA fee: $25 monthly
      Location
      • Region: Sarasota

      Financial & listing details

      • Price per square foot: $867/sqft
      • Tax assessed value: $2,475,400
      • Annual tax amount: $27,740
      • Date on market: 3/14/2026
      • Cumulative days on market: 139 days
      • Listing terms: Cash,Conventional,FHA,VA Loan
      • Ownership: Fee Simple
      • Total actual rent: 0
      • Electric utility on property: Yes
      • Road surface type: Paved, Asphalt

        Estimated market value

        $3,068,900

        $2.92M - $3.22M

        $7,593/mo

        Price history

        DateEventPrice
        5/30/2026Price change$3,295,000-5.7%$867/sqft
        Source: Stellar MLS #A4684647 Report a problem
        3/14/2026Listed for sale$3,495,000+133%$920/sqft
        Source: Stellar MLS #A4684647 Report a problem
        5/22/2015Sold$1,500,000+710.8%$395/sqft
        Source: Stellar MLS #A4116977 Report a problem
        9/11/2013Sold$185,000-3.6%$49/sqft
        Source: Public Record Report a problem
        12/12/2012Sold$192,000+49.1%$51/sqft
        Source: Public Record Report a problem
        8/20/2012Sold$128,800-26%$34/sqft
        Source: Public Record Report a problem
        6/13/2012Sold$174,000-77.4%$46/sqft
        Source: Public Record Report a problem
        11/5/2008Sold$769,800+133.3%$203/sqft
        Source: Public Record Report a problem
        10/29/1993Sold$330,000$87/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$27,740 -5.4%$2,144,867 +10%
        2024$29,333 +17.9%$1,949,879 +13.2%
        2023$24,879 +19.4%$1,722,435 +10%
        2022$20,836 +14.8%$1,565,850 +10%
        2021$18,156 +3.2%$1,423,500 +5.5%
        2020$17,601 -5.1%$1,349,600 -4.7%
        2019$18,540 $1,416,250 +10%
        2018$18,540 +10.7%$1,287,500 +0.1%
        2017$16,741 +30.9%$1,286,800 +5%
        2016$12,785 $1,225,400 +17.3%
        2015$12,785 +0.3%$1,044,700 +13.1%
        2014$12,747 0%$923,400
        2013$12,751 -17.8%$923,400 -18.9%
        2012$15,512 +1.1%$1,138,100 -0.6%
        2011$15,335 -1.5%$1,144,413 +1.5%
        2010$15,567 -26%$1,127,500 -16.1%
        2009$21,034 $1,343,100 -18.3%
        2008$21,034 -11.7%$1,644,800 -10.8%
        2007$23,816 $1,844,712 +2.5%
        2006-- $1,799,719 +3%
        2005-- $1,747,300 +144%
        2004$10,654 +18%$716,100 +22.1%
        2003$9,030 +57.8%$586,600 +58.4%
        2002$5,724 +7.2%$370,294 +1.6%
        2001$5,340 +2.6%$364,463 +3%
        2000$5,205 $353,848
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 34231

        Getting around

        45 / 100
        Car-Dependent
        29 / 100
        Some Transit
        42 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Gulf Gate Elementary
        • Middle: Brookside Middle
        • High: Riverview High

        Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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