
1076 Tocobaga Ln Sarasota, FL 34236
Downtown Sarasota NeighborhoodEstimated payment $24,571/month
Highlights
- New Construction
- Senior Community
- 0.36 Acre Lot
- Heated In Ground Pool
- Gated Community
- Open Floorplan
About This Home
Modern Key West Luxury on Sarasota Bay – Custom Maglich Home in Exclusive Gated Community. Welcome to Tocobaga Bay, an ultra-exclusive, gated enclave of just nine custom homes nestled directly on Sarasota Bay. This stunning 2023 Maglich Homes build offers the perfect blend of coastal elegance and cutting-edge design in one of Sarasota’s most coveted waterfront communities. Spanning over 5,600 square feet under air, this modern Key West-style home is designed to impress at every turn. Step inside to soaring 10-foot ceilings, wood-look tile flooring throughout, and a modern open floor plan built for both entertaining and everyday luxury. The heart of the home features a designer chef’s kitchen, a spacious walk-in pantry, and high-end Thermador appliances, including a gas range w/ steamer oven, and a built-in espresso machine. A striking double-sided fireplace anchors the expansive living and dining areas. This home offers five spacious bedrooms with 4 full and 2 half bathrooms, including a private ground-floor mother-in-law suite—ideal for guests or multigenerational living—and a massive upstairs primary suite with serene bay views from a private balcony. Each additional bedroom is generously sized with ample natural light and privacy. Need a home office? There’s a dedicated private workspace, plus a third-floor bonus area with a rooftop deck ready to be turned into the perfect retreat for sunset gatherings. The home is also elevator shaft-ready for future convenience. Enjoy Florida living year-round with a custom-designed pool and spa, and a giant 2-car garage with a 3rd garage door for golf cart access. Tocobaga Bay combines privacy, luxury, and location—all just minutes from downtown Sarasota, award-winning beaches, top-rated schools, and The Bay Park just a safe short walk from your house (a $300 million dollar waterfront public park project). This is a one-of-a-kind opportunity that needs to be felt in person to grasp. Schedule your private showing today.
Listing Agent
CHROME REALTY LLC Brokerage Phone: 941-363-6300 License #0709074 Listed on: 06/23/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $34,585
Year Built
- Built in 2023 | New Construction
Lot Details
- 0.36 Acre Lot
- East Facing Home
- Garden
HOA Fees
- $208 Monthly HOA Fees
Parking
- 3 Car Attached Garage
Home Design
- Bi-Level Home
- Slab Foundation
- Stem Wall Foundation
- Metal Roof
- Cement Siding
- Block Exterior
Interior Spaces
- 5,650 Sq Ft Home
- Open Floorplan
- Built-In Features
- Crown Molding
- Ceiling Fan
- Electric Fireplace
- Window Treatments
- French Doors
- Family Room Off Kitchen
- Living Room
- Dining Room
- Tile Flooring
Kitchen
- Microwave
- Dishwasher
- Stone Countertops
- Solid Wood Cabinet
- Disposal
Bedrooms and Bathrooms
- 5 Bedrooms
- Walk-In Closet
- In-Law or Guest Suite
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
- Home Security System
- Security Lights
- Security Gate
- Smart Home
Eco-Friendly Details
- Reclaimed Water Irrigation System
Pool
- Heated In Ground Pool
- Gunite Pool
- Saltwater Pool
- Pool Tile
- Pool Lighting
Outdoor Features
- Balcony
- Exterior Lighting
Schools
- Gocio Elementary School
- Booker Middle School
- Booker High School
Utilities
- Central Air
- Heating System Uses Natural Gas
- Thermostat
- Gas Water Heater
Listing and Financial Details
- Visit Down Payment Resource Website
- Tax Lot 9
- Assessor Parcel Number 2007010042
Community Details
Overview
- Senior Community
- Association fees include maintenance structure, maintenance, private road
- Akey Howard Association
- Tocobaga Bay Association
- Tocobaga Bay Community
- Tocobaga Bay Subdivision
- The community has rules related to allowable golf cart usage in the community
Security
- Gated Community
Map
Home Values in the Area
Average Home Value in this Area
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2024 | $5,899 | $2,338,827 | -- | -- |
2023 | $5,899 | $451,300 | $451,300 | $0 |
2022 | $5,559 | $432,500 | $432,500 | $0 |
2021 | $4,713 | $298,100 | $298,100 | $0 |
2020 | $4,538 | $279,200 | $279,200 | $0 |
2019 | $4,244 | $261,300 | $261,300 | $0 |
2018 | $4,014 | $250,600 | $250,600 | $0 |
2017 | $3,807 | $220,440 | $0 | $0 |
2016 | $3,323 | $200,400 | $200,400 | $0 |
2015 | $3,884 | $229,400 | $229,400 | $0 |
2014 | $3,648 | $213,700 | $0 | $0 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
06/23/2025 06/23/25 | For Sale | $3,950,000 | -- | $699 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | $355,000 | Attorney | |
Warranty Deed | $275,000 | Attorney | |
Warranty Deed | $320,000 | -- | |
Warranty Deed | $225,000 | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $1,480,000 | Construction | |
Closed | $150,000 | Commercial |
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Source: Stellar MLS
MLS Number: A4656429

APN: 2007-01-0042
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