Listing Details for MLS #A4451863
7692 Cove Ter, Sarasota, Fl

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Land - Residential Real Estate in Sarasota

Listing Price: $2,350,000 (Mortgage Calculator →)Property Use: Residential
Days on Market: 88

Description of Property

This is a rare opportunity to own a spectacular west-facing "point property" which boasts 210 feet of deep sailboat water frontage and 270 degrees of unobstructed views. Located in the exclusive waterfront subdivision of Southpointe Shores, this unique Tip property offers amazing views from almost every room. Whether you are looking to downsize, build new, or expand, this one-of-a-kind property will accommodate you. Located on a quiet cul de sac, this 3 bedroom/3 bath 2,640 SF home is an open concept ranch with unlimited possibilities & room for expansion. Improvements include hurricane impact windows & doors (inc. garage), concrete tile roof with modified Bitimen secondary membrane system, gourmet kitchen remodel, lavishly renovated laundry & bathrooms, high efficiency A/C system w/ new duct work, water supply line repipe, covered porch addition w/ BBQ area, boat dock w/ 13,000 lb boat lift and Trex decking, renovated Pebble Tech pool w/ new pump/filter and expansive shell stone paver deck, newer paver driveway, tile & wood flooring throughout, private well for irrigation, w/ new pump, & MUCH more! Although a gorgeous home exists on this lot, highest/best use may be to demolish & construct YOUR dream home w/ a much larger footprint! This property will SOON boast an entirely new massive seawall system. Sellers have retained a marine contractor, & are in process of obtaining permits to replace the entire seawall system with new seawall panels (incl 60 year warranty!) monster seawall cap & tiebacks.

Location is PRIME! A Quiet cul de Sac in Southpointe Shores--- Live Your BEST Life in Paradise! - MLS #A4451863 - SARASOTA
This Spectacular Lot Features 15,822 Square Feet of Property with a PRIME Tip Lot Location! - MLS #A4451863 - SARASOTA
Current Home is 2,640 SF Heated, 3,599 Total SF.  This Lot Allows for a MUCH Larger Footprint, Should You Desire. - MLS #A4451863 - SARASOTA
Amazing 270 Degree View from Your Lot! - MLS #A4451863 - SARASOTA
Home Situated Currently on This Lot, But Best Use May Be YOUR Dream Home! Plenty of Space to Expand! - MLS #A4451863 - SARASOTA
210 Feet of Deep Sailboat Water on This Seawall- Recently Improved- Monster Seawall Cap and 10,000 pound Boat Lift with New Trex Dock - MLS #A4451863 - SARASOTA
Panoramic View from This Lot is Incredible!! 270 Degrees- Even with Your Boat Docked Steps Away From Your Home, You  Still Have an Unobstructed Water View! - MLS #A4451863 - SARASOTA
Space to Leave Green and Build Up- Or to Expand Your Footprint as You Desire in Coveted Southpointe Shores! - MLS #A4451863 - SARASOTA

Property Details At A Glance

Property Type: Land
Property Use or Sub Type: Residential
City: Sarasota
County: Sarasota
Subdivision: Southpointe Shores / Southpointe Shores
Annual Tax: $11,334

HOA Fee: $150 Annually
Association Fee Requirement: Optional
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.


Elementary School: Gulf Gate Elementary
Middle/Junior High School: Brookside Middle
High School: Sarasota High

Waterfront Info

Water Front: Yes
Water Frontage: Bay/Harbor
Water Access: Yes
Water Access Type: Bay/Harbor, Intracoastal Waterway
Waterfront Feet: 210
Water View: Yes
Water View: Bay/Harbor - Full

Water Extras:

  • Dock - Composite
  • Dock w/Electric
  • Sailboat Water
  • Seawall - Concrete

Exterior & Construction

Security Features: Security Fencing/Lighting/Alarms, Security Lights
Other Structures: Other
Vegetation: Mature Landscaping


  • Cable Connected
  • Electricity Available
  • Fiber Optics
  • Sprinkler Well
  • Underground Utilities

Sewer: Public Sewer
Water Source: Public

Community Features:

  • Community Boat Ramp
  • Park
  • Water Access

Association Amenities:

  • Dock
  • Park
  • Private Boat Ramp

Lot Information

Lot Features:

  • Cleared
  • Cul-de-sac
  • Curb and Gutters
  • Flood Plain
  • In County
  • Irregular Lot
  • Level/Flat
  • Room For Pool
  • Street Paved
  • Tip Lot

Flood Zone Code: AE/VE
Flood Zone Date: 2019-11-11
Flood Zone Panel: 0207F
Acreage Description: 1/4 Acre to 21779 Sq. Ft.
Lot Size (acres): 0.36
Lot Size (sq. ft.): 15,822 square feet
Lot Dimensions: Irregular
Road Frontage: City Street
Front Footage: 50
Front Exposure: East
Site Improvements: Irrigation Equipment
Current Adjacent Use: Residential

Legal Description & Other Information

Financing Available: Cash, Conventional
Pets Allowed/Pet Policies: Yes
Zoning: RSF1
Parcel Number: 0112130001
Disclosures: Seller Property Disclosure
Easements: None
Section: 21
Range: 18E



Listing courtesy of SHOWTIME REALTY. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.

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