$2,000,000
Active Under Contract2500 Monterey St, Sarasota, FL 34231
3 beds Β· 3 baths Β· 2,434 sq ft
Listing courtesy of OWN SRQ LLC Β· MLS# A4699306
48 days on market
Refreshed from the Stellar MLS feed . This listingβs MLS record last changed .
About this home
Whatβs special
- 170 ft water frontage
- Phillippi Creek waterfront
- Boat dock with lift
- Jet ski lift
- Heated saltwater pool
- Custom outdoor kitchen
- Metal standing seam roof
- PGT impact windows
AI-selected highlights from the listing description below.
Under contract-accepting backup offers. Modern Waterfront Living on Phillippi Creek with 170 Ft Water Frontage: this stunning residence was completely rebuilt down to the studs in 2023, this move-in ready modern contemporary waterfront residence sits on a rare 0.36-acre lot with 170 feet of water frontage and complete privacy across the creekβoffering open water views, and breathtaking westerly Sarasota sunsets. Home has never had water intrusion from any storms due to its elevation. Located on a quiet cul-de-sac just 5 miles to Downtown Sarasota and 3 miles to Siesta Key, the property combines convenience with a peaceful waterfront setting. The home has never flooded and was thoughtfully renovated with long-term durability and quality construction in mind. Boating enthusiasts will appreciate the 5ft +/- water depth at the dock, with additional dredging happening along the creek and an expansive boat dock with new flow-through composite decking, boat lift, and separate double jet ski lift. Enjoy direct access to Sarasota Bay and the Gulf of America just minutes from your backyard. Inside, soaring ceilings and expansive PGT impact windows and sliders fill the home with natural light while framing serene water views. The open-concept living space is centered around a chefβs kitchen featuring a dramatic oversized quartz waterfall island, sleek quartz countertops & backsplash, custom cabinetry, and premium appliancesβ designed for both daily living and entertaining. The primary bedroom suite offers generous proportions and a fully customized walk-in closet with boutique-level organization the size of its own bedroom. The comprehensive 2023 renovation included full re-plumbing, all new electrical wiring, and fully remodeled bathrooms. Additional upgrades since then include a handcrafted iron front entry door, modern 4 panel garage door with side mounted motor, epoxy flooring and metal standing seam roof. Outdoor living rivals a private resort with a heated saltwater pool and a 2025 custom outdoor kitchen equipped with gas grill, flat-top hibachi grill, built-in TV, refrigerators, and wine cooler. Exterior enhancements include motorized screen, artificial turf for low maintenance, oversized 5 car paver driveway, landscape lighting, leaf guard gutters, and a 12x34 ft shed on an extended concrete pad down to the water's edge. A rare combination of modern construction, deep water access, wide water frontage, and close proximity to Sarasotaβs top destinationsβthis is move in ready waterfront living without settling. It's not just renovated; it's a rare package. All furnishings are negotiable.
Facts
- Property type
- Single Family Residence
- Year built
- 1986
- Bathrooms
- 3 full
- Living area
- 2,434 sqft
- Lot size
- 0.36 acres
- Waterfront
- Yes Β· 173 ft
- Water access
- Canal - Brackish, Canal - Saltwater, Creek
- Water view
- Yes
- Private pool
- Yes
- Exposure
- East
- Furnished
- Negotiable
- Flood zone
- AE
- CDD
- No
- 55+ community
- No
- Annual taxes
- $10,090/yr
- Listed
- Jul 7, 2026
- MLS #
- A4699306
Price & status history
- Listed for $2,000,000
- Status changed to Active Under Contract
Virtual tour
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Estimate the monthly payment
Estimate by Lasbury Tracy Realty β not a loan offerStarting figures for 2500 MONTEREY ST. Everything below is editable.
AssumptionNot a quoted rate. Ask a lender what you actually qualify for today.
From this listingThe seller's most recent annual tax bill as reported to the MLS. Your bill will differ β Florida reassesses on sale and homestead caps reset.
Editable estimateA placeholder, not a quote. On the Gulf Coast this is the line item most likely to be wrong: premiums swing on roof age, wind mitigation, elevation, and carrier appetite. Get a real quote before you rely on this number.
Starts at $0Deliberately zero until you enter a figure β we will not inflate a payment with a guess. Many homes here need it; ask us for the property's flood zone and the current policy's premium.
Include condo, HOA, and master-association dues. CDD assessments usually arrive on the tax bill instead.
AssumptionNot applied β your down payment is 20% or more.
Estimated total monthly payment
$12,621
$10,113 of that is principal & interest. 20% is taxes, insurance and fees β which is why those inputs matter more here than the rate does.
- Principal & interest
- $10,113
- Property taxes
- $841
- Homeowners insurance
- $1,667
- Flood insurance
- $0
- HOA / condo fees
- $0
- Mortgage insurance (PMI)
- $0
- Total per month
- $12,621
Over the life of the loan
- Loan amount
- $1,600,000
- Down payment
- $400,000
- Total interest
- $2,040,712
- Principal + interest paid
- $3,640,712
- Paid off in
- 2056
Interest is the exact schedule total for a fixed-rate loan held to term and assumes no extra payments. Taxes, insurance and fees are not included in these lifetime figures because they change every year.
Calculated on this page from the figures above β nothing is sent anywhere and no lender is quoting you. Figures are estimates for planning only, not a pre-approval, commitment to lend, or a statement of the taxes and insurance you will actually be charged. Lasbury Tracy Realty Inc. is a real estate brokerage, not a lender or an insurance agent.
Take a tour
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2500 Monterey St, Sarasota, FL 34231
Listing courtesy of OWN SRQ LLC Β· MLS# A4699306 Β· Active Under Contract
Where this home is
Opens on aerial β on this coast the canal, the lot and the neighbours answer more questions than a street grid does.
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