$1,950,000
NEW CONSTRUCTION $3M PRICE DROP

5174 Sandy Cove Ave Sarasota, FL 34242

Estimated payment $12,255/month

Total Views 22,019
5 Beds
4 Baths
3,723 Sq Ft
$524 Price per Sq Ft

Highlights

  • 275 Feet of Salt Water Canal Waterfront
  • Dock has access to electricity and water
  • New Construction
  • Phillippi Shores Elementary School Rated A
  • Boat Lift
  • Heated In Ground Pool

About This Home

Pre-Construction. To be built. PLEASE READ Pre-Construction. This is your opportunity to take over this project in it's current condition. Welcome to 5174 Sandy Cove Ave, a pinnacle of contemporary elegance nestled in the heart of Sarasota, Florida. Crafted by architect Mark Sultana. This 3900 sq foot new construction home epitomizes the fusion of exquisite design and impeccable craftsmanship, promising an unparalleled sanctuary for its new owner. Positioned just minutes from Sarasota's pristine white sand beaches, dynamic city life, and a wealth of amenities, this residence seamlessly harmonizes tranquility with convenience. Its proximity to major thoroughfares, shopping districts, culinary delights, and recreational hubs ensures a lifestyle of unparalleled ease and accessibility. The expansive backyard, complete with an open pool area and 275 feet of corner canal lot, featuring a dock and 20,000 lb boat lift, offers endless opportunities for relaxation, recreation, and waterfront adventures, providing direct access to Sarasota's endless waterways. Thoughtfully designed with energy efficiency and cutting-edge smart home technology, this residence promises a lifestyle that transcends the ordinary, ensuring comfort and sophistication for generations to come. 5174 Sandy Cove Ave isn't just a home—it's a lifestyle, an embodiment of coastal living in one of Sarasota's most coveted neighborhoods. Seize the opportunity to make this exceptional property your own and embark on the ultimate Florida dream.

Currently the elevated slab has been poured and ready . A new 275 foot seawall has been completed and the 20,000 lb boat lift and dock are also in place. You have the ability to take over the existing plans and bring on your own builder or complete yourself. There is also the opportunity to do a redesign should you desire something different on this footprint.

Listing Agent

Troy Jenkins

REALTY EXECUTIVES GALLERY Brokerage Phone: 941-376-8769 License #0699946 Listed on: 12/06/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,385

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 0.35 Acre Lot
  • 275 Feet of Salt Water Canal Waterfront
  • Property fronts a saltwater canal
  • Cul-De-Sac
  • North Facing Home
  • Irrigation Equipment
  • Property is zoned RSF2

Parking

  • 3 Car Attached Garage

Home Design

  • Home in Pre-Construction
  • Home is estimated to be completed on 3/31/25
  • Coastal Architecture
  • Contemporary Architecture
  • Split Level Home
  • Slab Foundation
  • Metal Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 3,723 Sq Ft Home
  • Elevator
  • Open Floorplan
  • Built-In Features
  • Bar Fridge
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Insulated Windows
  • Living Room
  • Canal Views

Kitchen

  • Range
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Ceramic Tile
  • Travertine

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Upstairs
  • 4 Full Bathrooms

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Hurricane or Storm Shutters
  • Storm Windows

Pool

  • Heated In Ground Pool
  • Heated Spa
  • Gunite Pool
  • Outdoor Shower
  • Outside Bathroom Access
  • Pool Lighting

Outdoor Features

  • Fixed Bridges
  • Access to Saltwater Canal
  • Seawall
  • Boat Lift
  • Dock has access to electricity and water
  • Dock made with Composite Material
  • Covered Patio or Porch
  • Outdoor Kitchen
  • Exterior Lighting
  • Outdoor Grill

Additional Homes

  • 330 SF Accessory Dwelling Unit
  • One Bathroom Guest House

Location

  • Flood Zone Lot
  • Flood Insurance May Be Required

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • High Speed Internet

Community Details

  • No Home Owners Association
  • Built by Tidewater Builders
  • Sara Sands Community
  • Sara Sands Subdivision
  • The community has rules related to allowable golf cart usage in the community

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,385

Year Built

Built in 2024 | New Construction

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Condition: Pre-Construction
  • Property Sub Type: Single Family Residence
  • Architectural Style: Coastal, Contemporary
  • Construction Materials: Block, Stucco
  • Fireplace: Yes
  • Living Area: 3723
  • Lot Size Acres: 0.35
  • New Construction: Yes
  • Year Built: 2024
  • Building Area Total: 3900
  • Lot Size Sq Ft: 15404
  • Directions to Property: Higel south to left on sandy Nook to Right on Sandy Cove to property at end of road in right
  • Status: Active
  • Ownership: Fee Simple
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 730876208
  • Minimum Lease: 1 Month
  • RATIO Current Price By Calculate: 523.77
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number YN: 0
  • Water Access YN: 1
  • MFR_InLawSuiteYN: 1
  • MFR_DockDescription: Dock - Composite,Dock w/Electric,Dock w/Water Supply,Lift
  • MFR_DockYN: 1
  • MFR_InLawSuiteDescription: 1 Bathroom
  • MFR_InLawSuiteUnderAirSqFt: 330.00
  • Attribution Contact: 941-376-8769
  • Tax Year: 2023
  • Special Features: 4098

Interior Features

  • Fireplace Features: Gas
  • Living Area Units: Square Feet
  • Flooring: Travertine
  • Full Bathrooms: 4
  • Interior Amenities: Built-in Features, Ceiling Fans(s), Elevator, Open Floorplan, PrimaryBedroom Upstairs, Solid Surface Counters
  • Appliances Included: Bar Fridge, Dishwasher, Disposal, Dryer, Range, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 5
  • Levels: Multi/Split
  • Other Equipment: Irrigation Equipment
  • Spa Features: Heated
  • Spa Yn: Yes
  • Window Features: Double Pane Windows, Insulated Windows, Storm Window(s)
  • Street Number Modifier: 5174
  • Living Area Meters: 345.88
  • Room Count: 5

Exterior Features

  • Direction Faces: North
  • Other Structures: Outdoor Kitchen
  • Pool Features: Gunite, Heated, In Ground, Lighting, Outside Bath Access
  • Exterior Features: Hurricane Shutters, Lighting, Outdoor Grill, Outdoor Kitchen, Outdoor Shower
  • Roof: Metal
  • Home Warranty: Yes
  • Pool Private: Yes
  • View: Water
  • Water Body Name: GRAND CANAL
  • Waterfront: Yes
  • Patio and Porch Features: Covered
  • Road Surface Type: Asphalt
  • Water Access: Canal - Saltwater
  • Water Extras: Bridges - Fixed,Lift,Seawall - Concrete
  • Water Extras YN: 1
  • Water Frontage Feet Canal Salt: 275
  • Water View: Canal
  • Water View YN: 1
  • Waterfront Feet Total: 275
  • Flood Zone Date: 2016-11-04
  • Flood Zone Panel: 12115C0143F
  • Projected Completion Date: 2025-03-31T00:00:00.000

Garage/Parking

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

Utilities

  • Utilities: BB/HS Internet Available, Public, Sewer Connected
  • Cooling: Central Air
  • Heating: Central, Electric, Heat Pump
  • Laundry Features: Upper Level
  • Sewer: Public Sewer
  • Water Source: Canal/Lake For Irrigation

Condo/Co-op/Association

  • Community Features: Golf Carts OK
  • Association: No
  • Security: Security System
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: RSF2
  • Parcel Number: 0081140015
  • Additional Parcels: No
  • Lot Features: Cul-De-Sac, Flood Insurance Required, FloodZone, In County
  • Flood Zone Code: AE
  • Homestead YN: 0
  • Lot Size Square Meters: 1431
  • Zoning Compatible YN: 1

Green Features

  • Green Verification Count: 0

Building Info

  • Builder Name: Tidewater Builders

Rental Info

  • Furnished: Unfurnished
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Lease guidelines per county restrictions

Tax Info

  • Tax Annual Amount: 22385
  • Tax Book Number: 10-9
  • Tax Lot: 26

Multi Family

  • Waterfront Features: Canal - Saltwater, Canal Front

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 $22,385 $1,944,700 $1,462,000 $482,700
2023 $22,385 $1,827,700 $1,253,100 $574,600
2022 $16,962 $1,580,300 $1,117,400 $462,900
2021 $13,798 $1,111,300 $777,400 $333,900
2020 $12,941 $1,019,800 $696,200 $323,600
2019 $10,934 $811,400 $450,700 $360,700
2018 $12,345 $927,000 $618,000 $309,000
2017 $12,551 $927,100 $593,300 $333,800
2016 $11,810 $852,800 $504,000 $348,800
2015 $10,785 $753,100 $487,800 $265,300
2014 $10,324 $597,256 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2025 09/03/25 For Sale $1,950,000 0.0% --
08/31/2025 08/31/25 Off Market $1,950,000 -- --
08/14/2025 08/14/25 For Sale $1,950,000 0.0% $524 / Sq Ft
07/31/2025 07/31/25 Off Market $1,950,000 -- --
07/27/2025 07/27/25 Price Changed $1,950,000 0.0% --
07/27/2025 07/27/25 Price Changed $1,950,000 -2.5% $524 / Sq Ft
07/10/2025 07/10/25 Price Changed $1,999,000 0.0% --
07/10/2025 07/10/25 Price Changed $1,999,000 -2.5% $537 / Sq Ft
07/05/2025 07/05/25 Price Changed $2,050,000 0.0% $551 / Sq Ft
07/05/2025 07/05/25 Price Changed $2,050,000 -0.5% --
06/29/2025 06/29/25 Price Changed $2,060,000 0.0% --
06/29/2025 06/29/25 Price Changed $2,060,000 -0.5% $553 / Sq Ft
06/22/2025 06/22/25 Price Changed $2,070,000 0.0% $556 / Sq Ft
06/22/2025 06/22/25 Price Changed $2,070,000 -0.5% --
06/14/2025 06/14/25 Price Changed $2,080,000 0.0% --
06/14/2025 06/14/25 Price Changed $2,080,000 -0.5% $559 / Sq Ft
06/10/2025 06/10/25 Price Changed $2,090,000 0.0% --
06/10/2025 06/10/25 Price Changed $2,090,000 -0.5% $561 / Sq Ft
06/05/2025 06/05/25 Price Changed $2,100,000 0.0% --
06/05/2025 06/05/25 Price Changed $2,100,000 +5.0% $564 / Sq Ft
06/05/2025 06/05/25 Price Changed $2,000,000 0.0% $537 / Sq Ft
06/05/2025 06/05/25 Price Changed $2,000,000 0.0% --
06/05/2025 06/05/25 For Sale $2,000,000 -13.0% --
05/31/2025 05/31/25 Off Market $2,300,000 -- --
05/07/2025 05/07/25 Price Changed $2,300,000 0.0% --
05/07/2025 05/07/25 Price Changed $2,300,000 +4.5% $618 / Sq Ft
03/24/2025 03/24/25 Price Changed $2,200,000 0.0% $591 / Sq Ft
03/19/2025 03/19/25 Price Changed $2,200,000 -44.9% --
02/19/2025 02/19/25 Price Changed $3,995,000 +73.7% $1,073 / Sq Ft
02/19/2025 02/19/25 Price Changed $2,300,000 -4.2% --
01/07/2025 01/07/25 For Sale $2,400,000 -51.0% --
12/06/2024 12/06/24 For Sale $4,900,000 +988.9% $1,316 / Sq Ft
11/26/2013 11/26/13 Sold $450,000 -35.3% $133 / Sq Ft
03/18/2013 03/18/13 Pending -- -- --
05/08/2012 05/08/12 For Sale $695,000 -- $206 / Sq Ft
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,300,000 None Listed On Document
Warranty Deed $100 --
Warranty Deed $450,000 None Available
Warranty Deed $315,000 --
Warranty Deed $275,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,150,000 New Conventional
Previous Owner $250,000 Credit Line Revolving
Previous Owner $200,000 Credit Line Revolving
Previous Owner $350,000 Commercial
Previous Owner $75,000 Commercial
Previous Owner $283,500 Commercial
Previous Owner $220,000 Commercial
Source: Public Records

Source: Stellar MLS

MLS Number: A4631631

Stellar MLS

APN: 0081-14-0015