Keys of Sarasota
Talk to George

George Predescu

REALTOR® · Horizon Realty International

1023 Tocobaga Lane, Sarasota, FL 34236

EmailFacebook
For sale

$2,995,000

Listing courtesy of MICHAEL SAUNDERS & COMPANY · MLS# A4709668 · Listed October 19, 2026

  • 3Beds
  • 4Baths
  • 3,599Sq ft
  • 1994Built
  • Private pool
  • Water view
  • New this week

About this home

Sophisticated gated living just moments from the heart of downtown Sarasota. Evoking the timeless elegance of Palm Beach with the warmth of Old Florida charm, this exceptional Spanish Mediterranean residence is tucked within the exclusive gated waterfront enclave of Tocobaga Bay. One of only 9 private residences in the community, ideally positioned just moments from Sarasota's renowned dining, arts, shopping and waterfront attractions. Surrounded by lush tropical landscaping and tranquil water views, the home is thoughtfully designed for both sophisticated entertaining and relaxed everyday living. Expansive interiors are filled with natural light, highlighted by a grand foyer, travertine flooring, oversized floor-to-ceiling picture windows, motorized shades, and custom window treatments throughout. The residence features 3 bedrooms, each with its own en-suite bath, along with a media room or private office and a private 3-stop elevator. The oversized 4-car garage offers exceptional storage and ample spaces for vehicles, golf carts, kayaks, and recreational equipment, while the air-conditioned bonus room appointed with premium finishes including a La Cornue gas cooktop, Sub-Zero refrigerator, custom Campbell Cabinetry, spacious walk-in pantry, oversized center island and Taj Mahal quartz countertops and backsplash. The oversized living room offers an inviting atmosphere for gathering, while the separate formal dining room is perfectly suited for elegant dinners and entertaining. The primary suite serves as a peaceful sanctuary complete with its own Juliette balcony, dual custom walk-in closets, and a spacious en-suite bath. Two additional guest suites occupy the third floor, each with private baths, offering ideal comfort and separation for family and guest. Designed to embrace Sarasota's indoor-outdoor lifestyle, the open-air heated saltwater pool is surrounded by lush tropical landscaping and expansive patio space for lounging and dining. Additional improvements: new tile roof (2023), new irrigation system (2024), updated water heaters (2023 & 2024), electrical panels (2024), and updated A/C units. Residents enjoy access to the community day dock with direct bay access, perfect for boating and waterfront enjoyment. Perfectly located near Sarasota's renowned beaches, St. Armanda Circle, The Bay Park, and the iconic Ringling Bridge, this remarkable residence offers an exceptional lifestyle just minutes from the energy and culture of downtown Sarasota. Offered fully furnished and ready for immediate enjoyment.

Read more ›

Details

  • Single Family

    Type

  • 1994

    Year built

  • 0.35 acres

    Lot

  • $167/mo

    HOA

  • $27,942/yr

    Property tax

  • AE

    Flood zone

  • $832

    Price per sq ft

Interior

Bedrooms
3
Bathrooms
4 (1 half)
Living area
3,599 sq ft
Stories
3
Furnished
Furnished

Features

  • Built-in Features
  • Ceiling Fans(s)
  • Crown Molding
  • Dry Bar
  • Elevator
  • High Ceilings
  • Smart Home
  • Solid Wood Cabinets
  • Split Bedroom
  • Stone Counters
  • Thermostat
  • Walk-In Closet(s)
  • Window Treatments

Flooring

  • Carpet
  • Tile
  • Travertine

Laundry

  • Electric Dryer Hookup
  • Inside
  • Laundry Room
  • Sink
  • Washer Hookup

Windows

  • Drapes
  • Rods
  • Shades
  • Shutters
  • Window Treatments

Pool & water

Pool
Private

Pool

  • In Ground
  • Gunite
  • Heated
  • Pool Sweep
  • Salt Water
  • Tile

Exterior & lot

Lot size
0.35 acres
Roof
Tile
Construction
Block, Stucco
View
Water

Features

  • Awning(s)
  • Balcony
  • Courtyard
  • Lighting
  • Outdoor Grill
  • Storage

Patio & porch

  • Patio

Lot

  • City Limits
  • Landscaped
  • Level
  • Rectangle
  • Street Dead-End
  • Paved
  • Private

Parking

  • Driveway
  • Garage Door Opener
  • Garage Faces Side
  • Oversized
  • Tandem
Show all details (Community & HOA · Appliances · Costs & building · Utilities & land) ›

Community & HOA

Community
Tocobaga Bay
Subdivision
Tocobaga Bay
County
Sarasota
HOA
$167/mo ($2,000 annually)

Amenities

  • Gated

Community

  • Deed Restrictions
  • Gated Community - No Guard

Appliances

  • Convection Oven
  • Dishwasher
  • Disposal
  • Dryer
  • Electric Water Heater
  • Exhaust Fan
  • Microwave
  • Range
  • Range Hood
  • Refrigerator
  • Washer
  • Water Filtration System

Costs & building

Property tax
$27,942 (2025)
Flood zone
AE
Price per sq ft
$832
Year built
1994
Heating
Central, Electric
Cooling
Central Air, Mini-Split Unit(s), Zoned
Days listed
0

Security

  • Gated Community
  • Security Gate
  • Security System Owned
  • Smart Security System
  • Smoke Detector(s)

Utilities & land

Zoning
RSF1
Water
Public
Sewer
Public Sewer
Road
Paved

Utilities

  • BB/HS Internet Available
  • Cable Available
  • Electricity Connected
  • Fiber Optics
  • Public
  • Sewer Connected
  • Water Connected

Location

1023 TOCOBAGA LN

Monthly payment

$17,640 / month

Principal & interest
$15,144
Property taxes
$2,329
HOA
$167
Home insurance
enter below

Estimate only, not a loan offer. Rate is a starting value; taxes and HOA are as reported by the listing agent. Florida insurance (including flood) varies widely. Ask George for a lender referral.

Similar homes for sale in Sarasota (34236)

See all homes for sale in ZIP 34236 ›

Recently sold nearby

Sales in 34236 over the last month. Properties displayed may be listed or sold by various participants in the MLS.

Information deemed reliable but not guaranteed.

Listings courtesy of Stellar MLS as distributed by MLS GRID

Based on information submitted to the MLS GRID as of Oct 19, 2026, 6:45 PM EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by MLS GRID.

Some IDX listings have been excluded from this website (this site shows active for-sale and for-rent listings in its service area and honors seller opt-out requests).

Notice a listing that's inaccurate? Email listings@keysofsarasota.com and we'll correct or remove it. See our full IDX / DMCA policy for details.