$3,950,000
NEW CONSTRUCTION

Estimated payment $24,571/month

Total Views 3,062
5 Beds
6 Baths
5,650 Sq Ft
$699 Price per Sq Ft

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

Marni Hayden

CHROME REALTY LLC Brokerage Phone: 941-363-6300 License #0709074 Listed on: 06/23/2025

Co-Listing Agent

Bret Lageson

CHROME REALTY LLC Brokerage Phone: 941-363-6300 License #3327415

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

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$34,585

Year Built

Built in 2023 | New Construction

Lot Details

0

HOA Fees

$208 per month

Parking

3

Listing Details

  • HOA Fee Includes: Maintenance Structure, Maintenance, Private Road
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Cement Siding
  • Fireplace: Yes
  • Living Area: 5650
  • Lot Size Acres: 0.36
  • New Construction: Yes
  • Year Built: 2023
  • Building Area Total: 7111
  • Lot Size Sq Ft: 15710
  • Directions to Property: US 41 to west on Hampton Rd, North on Palmetto Lane to Tocobaga Lane
  • Status: Active
  • Co List Office Mls Id: MFR281532291
  • Co List Office Phone: 941-363-6300
  • Ownership: Fee Simple
  • Available for Lease YN: 1
  • Escrow City: Sarasota
  • Escrow Postal Code: 34236
  • Escrow State: FL
  • Escrow Street Name: Main Street
  • Escrow Street Number: 1330
  • List Office Head Office Key Nume: 524918236
  • Minimum Lease: 6 Months
  • RATIO Current Price By Calculate: 699.12
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number YN: 0
  • Water Access YN: 0
  • MFR_InLawSuiteYN: 1
  • MFR_CommunityAssociationWaterFeatures: Bay/Harbor Front,Dock,Fishing
  • MFR_InLawSuiteDescription: 1 Bathroom,1 Bedroom,Attached,Kitchen
  • Attribution Contact: 941-363-6300
  • Tax Year: 2024
  • Special Features: 4098

Interior Features

  • Fireplace Features: Electric
  • Living Area Units: Square Feet
  • Flooring: Tile
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Interior Amenities: Built-in Features, Ceiling Fans(s), Crown Molding, Kitchen/Family Room Combo, Open Floorplan, Smart Home, Solid Surface Counters, Solid Wood Cabinets, Stone Counters, Thermostat, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Refrigerator, Washer
  • Foundation Details: Slab, Stem Wall
  • Total Bedrooms: 5
  • Levels: Two
  • Other Equipment: Irrigation Equipment
  • Street Number Modifier: 1076
  • Additional Rooms: Interior In-Law Suite w/No Private Entry
  • Living Area Meters: 524.90
  • Room Count: 8

Exterior Features

  • Direction Faces: East
  • Pool Features: Gunite, Heated, In Ground, Lighting, Salt Water, Tile
  • Exterior Features: Balcony, French Doors, Garden, Lighting
  • Roof: Metal
  • Pool Private: Yes
  • Waterfront: No
  • Road Surface Type: Asphalt, Paved
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 3
  • Garage Yn: Yes

Utilities

  • Utilities: Public
  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Golf Carts OK, Irrigation-Reclaimed Water
  • Association Amenities: Gated
  • Association Fee: 2500
  • Association Fee Frequency: Annually
  • Association Name: AKEY HOWARD
  • Association: Yes
  • Security: Gated Community, Security Gate, Security Lights, Security System
  • Senior Community: Yes
  • Association: TOCOBAGA BAY
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 2500.00
  • Total Monthly Fees: 208.33
  • Monthly HOA Amount: 208.33

Schools

  • Elementary School: Gocio Elementary
  • High School: Booker High
  • Middle Or Junior School: Booker Middle

Lot Info

  • Parcel Number: 2007010042
  • Additional Parcels: No
  • Flood Zone Code: AE
  • Homestead YN: 1
  • Lot Size Square Meters: 1460

Rental Info

  • Pets Allowed: Cats OK, Dogs OK
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: SEE RULES AND REGULATIONS

Tax Info

  • Tax Annual Amount: 34585
  • Tax Lot: 9

Multi Family

  • Approval Process: SEE HOA RULES

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2025 06/23/25 For Sale $3,950,000 -- $699 / Sq Ft
Source: Stellar MLS

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 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,480,000 Construction
Closed $150,000 Commercial
Source: Public Records

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Source: Stellar MLS

MLS Number: A4656429

Stellar MLS

APN: 2007-01-0042