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About This Home

This 3-bedroom, 3-bathroom single family at 7692 COVE TERRACE in SARASOTA, FL is listed for $3,990,000 ($1,511 per sqft). Built in 1972, the home offers 2,640 sqft of living space on a 0.36 acres lot.

Agent Description

One or more photo(s) has been virtually staged. A truly exceptional opportunity, this premier point-lot estate in Dolphin Cove represents one of Sarasota’s most coveted waterfront opportunities. Perfectly positioned on Sarasota Bay, the property boasts approximately 210 feet of deep-water frontage, ideal for large yachts and sailboats, with panoramic, unobstructed bay views that feel endless.

Whether your vision is to expand the existing residence, downsize in style, build a custom waterfront masterpiece, this rare property provides remarkable flexibility. The home now features a brand-new dock, along with newly enhanced elevation for peace of mind.

Tucked away on a quiet cul-de-sac, the residence is designed to maximize its stunning setting, with walls of windows framing the water from nearly every angle. The open-concept Florida-style layout includes a split floor plan with two primary suites, one offering direct pool access.

The chef’s kitchen is thoughtfully designed with premium finishes and functionality in mind: quartzite countertops (harder than granite with a soft, non-glare finish), custom solid-wood cabinetry, dual dishwashers, oversized sink, under-counter water filtration, double ovens with convection and roasting capabilities, a paneled refrigerator with ice maker, and two built-in wine refrigerators.

The living and dining areas are equipped with motorized sun-filtering blinds, allowing effortless control of light and views. The main primary suite features a spa-style bath with dual vanities, a Jacuzzi soaking tub, walk-in shower, walk-in closet, and an electric fireplace (with a wood-burning option behind it), all opening seamlessly to the backyard and waterfront beyond.

Outdoor living is elevated with a covered rear patio addition, complete with a professional-grade outdoor grill and rotisserie, finished in Italian shell-stone pavers compressed to 4% porosity—beautiful, durable, and resistant to staining. The PebbleTec swimming pool is surrounded by matching shell-stone decking accented with natural oblong shells that shimmer in the sunlight.

Boating enthusiasts will appreciate the brand new private dock with a 13,000-pound boat lift, strategically placed along the right side of the seawall to preserve uninterrupted water views—no dock blocking your horizon here. Additional features include a concrete tile roof with a modified bitumen secondary membrane, hurricane-impact windows and

doors, high-efficiency HVAC with updated ductwork, new water supply lines, an 80-gallon water heater, private well with zoned irrigation, and a two-and-a-half-car garage with sink and hurricane-rated doors. The seller reports that county guidelines (buyer to verify) allow for a structure of approximately 5,537 square feet on the main level, with

the potential for a second story—an exceptionally rare opportunity for waterfront construction of this scale. This is a one-of-a-kind Sarasota Bay property offering privacy, scale, and timeless waterfront appeal. Please schedule s showing to fully appreciate the details and setting of this extraordinary home.

Key Features

  • Built in 1972
  • 0.36 acre lot
  • Private pool
  • Waterfront

Property Details

3 full
1972

Amenities

PoolWaterfront

Monthly Cost Estimate

$21,339/mo

20% down · 6.5% · 30 years

Principal$2,886
Interest$17,290
Insurance$1,164

Estimates only. Actual payments may vary.

Location

7692 COVE TERRACE

SARASOTA, FL 34231

SOUTHPOINTE SHORES

Features & Amenities

Interior Features

Built-in FeaturesCeiling Fans(s)Crown MoldingEat-in KitchenKitchen/Family Room ComboLiving Room/Dining Room ComboOpen FloorplanPest Guard SystemPrimary Bedroom Main FloorSolid Surface CountersSolid Wood CabinetsSplit BedroomStone CountersThermostatWalk-in Closet(s)

Exterior Features

LevelPavedFrench DoorsLightingOutdoor GrillRain GuttersSliding DoorsPool

Property Details

Flooring

TileTile - CeramicWood

Construction

Block

Parking

DrivewayGarageGarage - AttachedOversized

Heating

CentralZoned (Heating)

Cooling

Central AirZoned

Appliances

CooktopDishwasherDryerGarbage DisposerMicrowaveOven - ConvectionRangeRefrigeratorRefrigerator - Wine StorageWasherWater - Purifier

Questions & Answers

This 3-bedroom, 3-bathroom single family at 7692 COVE TERRACE is listed at $3,990,000 ($1,511/sqft). The estimated monthly payment is $17,290 based on 20% down at 6.5% interest.

Key features include: Built in 1972, 0.36 acre lot, Private pool, Waterfront. Interior Features: Built-in Features, Ceiling Fans(s), Crown Molding. Exterior Features: Level, Paved, French Doors.

This property is listed by Mariele Hoffman and can be reached at 9412250800 or margeo2010@gmail.com.

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MH

Mariele Hoffman

Agent at BRIGHT REALTY

(941) 225-0800

Listed by BRIGHT REALTY · View on Broker Site

MLS# A4680569· Source: listhub· Updated 59 days ago

Copyright © 2026 Sarasota Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

7692 COVE TERRACE, SARASOTA, FL 34231

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