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$3,499,000

Pending

7689 Cove Ter, Sarasota, FL 34231

4 beds · 4 baths · 4,564 sq ft

Listing courtesy of COLDWELL BANKER REALTY · MLS# A4708504

0 days on market

Refreshed from the Stellar MLS feed . This listing’s MLS record last changed .

About this home

Designed around the water and the Sarasota outdoor lifestyle, this Southpointe Shores residence places boating and resort-style entertaining at the center of everyday living. Positioned just moments from the open waters of Little Sarasota Bay, the property boasts nearly 100 feet of waterfront, a newer private dock with a 27,000-pound boat lift, and effortless access to the Intracoastal Waterway and Sarasota Bay. From spontaneous sunset cruises to days spent fishing and exploring the Gulf Coast, this is a waterfront setting created for those who want to make the most of Sarasota boating. Equally impressive is the recently reimagined outdoor living space. An expansive waterfront terrace surrounds the heated resort-style pool and spa, complete with a sun shelf and waterfall features, while a generous covered lounge and dining area with summer kitchen and built-in grill creates an inviting setting for entertaining throughout the year. Pocketing walls of glass disappear into the home, seamlessly connecting the pool deck to the interior while peaceful water views provide the backdrop from morning through sunset. Spanning more than 4,500 square feet across two levels, the beautifully updated residence combines generous proportions with an open, comfortable floor plan. Wood-grain tile flooring connects the main living spaces, while high ceilings and abundant glass fill the interior with natural light and maintain a constant connection to the waterfront. At the heart of the home, the chef’s kitchen has been thoughtfully updated with contemporary custom cabinetry, quartz countertops, high-end appliances, a built-in Miele coffee station, center island with breakfast bar, and full-sized wine cooler. The adjoining family room features vaulted ceilings, water views, and a well-appointed wet bar with built-in shelving, creating another natural gathering space for family and guests. Two guest suites with updated en-suite baths are conveniently located on the main level, along with a dedicated laundry room. Upstairs, the expansive primary suite becomes a private waterfront retreat with sweeping views, fireplace, custom walk-in closet, and marble en-suite bath. A study and additional bedroom complete this level, offering flexibility for guests, a home office, fitness room, or nursery. Extensive improvements enhance both the home and waterfront, including impact windows and sliding glass doors (2020), a newer seawall (2019), tile roof (2016), updated electrical wiring, modernized baths, and newer HVAC and water heater systems. These updates make the residence exceptionally well suited for immediate enjoyment.

Facts

Property type
Single Family Residence
Year built
1964
Bathrooms
4 full
Living area
4,564 sqft
Lot size
0.36 acres
Waterfront
Yes · 98 ft
Water access
Bay/Harbor, Intracoastal Waterway
Water view
Yes
Private pool
Yes
Exposure
North
Furnished
Unfurnished
Flood zone
AE
CDD
No
55+ community
No
Annual taxes
$18,202/yr
Listed
Oct 5, 2026
MLS #
A4708504

Price & status history

  1. Listed for $3,499,000
  2. Status changed to Pending

Virtual tour

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Estimate the monthly payment

Estimate by Lasbury Tracy Realty — not a loan offer

Starting figures for 7689 COVE TER. 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 — 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 — 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 — your down payment is 20% or more.

Estimated total monthly payment

$22,126

$17,693 of that is principal & interest. 20% is taxes, insurance and fees — which is why those inputs matter more here than the rate does.

Principal & interest
$17,693
Property taxes
$1,517
Homeowners insurance
$2,916
Flood insurance
$0
HOA / condo fees
$0
Mortgage insurance (PMI)
$0
Total per month
$22,126

Over the life of the loan

Loan amount
$2,799,200
Down payment
$699,800
Total interest
$3,570,225
Principal + interest paid
$6,369,425
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 — 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

Pick a day that suits you — a licensed Lasbury Tracy agent confirms personally, usually within minutes. No account needed.

7689 Cove Ter, Sarasota, FL 34231

Listing courtesy of COLDWELL BANKER REALTY · MLS# A4708504 · Pending

How would you like to see it?
Which day?
What time of day?

In person · Thu, Oct 29 · Morning (9-12)

No account, no obligation. Prefer to talk? (941) 474-5585

Where this home is

Opens on aerial — on this coast the canal, the lot and the neighbours answer more questions than a street grid does.

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Listing information is provided in part by Stellar MLS, as distributed by MLS GRID. Based on information submitted to the MLS as of Oct 28, 2026, 8:57 PM (ET). All data is obtained from various sources and may not have been verified by broker or MLS. All information provided is deemed reliable but is not guaranteed and should be independently verified. 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. Some IDX listings have been excluded from this website.

Lasbury Tracy Realty Inc. · [email protected]