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$2,800,000

Active

940 Alameda Way, Sarasota, FL 34234

4 beds · 4 baths · 2,689 sq ft

Listing courtesy of CHARITY & WEISS INTERNATIONAL LLC · MLS# A4711603

Listed today

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

About this home

A wonderful waterfront retreat on Whitaker Bayou is waiting for you, where the inlet opens into the sparkling waters of Sarasota Bay. Nestled behind a private gate in the highly sought-after Indian Beach/Sapphire Shores neighborhood, this beautifully renovated 4-bedroom, 4-bath residence offers the perfect blend of luxury, privacy, and effortless coastal living. Designed to maximize its exceptional waterfront setting, the home features breathtaking bay and bayou views from nearly every room. The light-filled interior welcomes you with an open-concept living and dining area framed by a dramatic wall of windows that seamlessly connects the indoors to the resort-style outdoor living spaces. Step outside to your pool, expansive covered and screened lanai, and landscaped grounds—creating the ideal setting for entertaining or simply enjoying the waterfront lifestyle. Three of the four bedrooms are private ensuite retreats. The first-floor primary suite opens directly to the pool, while a second ensuite bedroom features a spacious deck overlooking the bayou and Sarasota Bay. Upstairs, the third ensuite offers its own private balcony with stunning sunset views. Every space has been thoughtfully designed to embrace seamless indoor-outdoor living. Boating enthusiasts will appreciate the exceptional waterfront amenities, including approximately 120 feet of seawall, an extended dock, a boat lift, and immediate access to Sarasota Bay and beyond. In addition to its appeal as a full-time residence or seasonal getaway, this property also presents an outstanding opportunity as a high-demand vacation rental with excellent income potential. Ideally located just minutes from downtown Sarasota, you'll enjoy easy access to world-class cultural attractions, acclaimed restaurants, boutique shopping, and the area's renowned Gulf Coast beaches. This is a rare opportunity to own a move-in-ready waterfront sanctuary in one of Sarasota's most desirable neighborhoods. Schedule your private showing today.

Facts

Property type
Single Family Residence
Year built
1956
Bathrooms
4 full
Living area
2,689 sqft
Lot size
0.34 acres
Waterfront
Yes · 120 ft
Water access
Canal - Saltwater
Water view
Yes
Private pool
Yes
Exposure
North
Furnished
Unfurnished
Flood zone
AE
CDD
No
55+ community
No
Annual taxes
$23,384/yr
Listed
Nov 3, 2026
MLS #
A4711603

Virtual tour

Tours are hosted by the seller’s chosen provider, not by Lasbury-Tracy Realty. Opening one loads content from that company and shares your IP address with them.

Estimate the monthly payment

Estimate by Lasbury Tracy Realty — not a loan offer

Starting figures for 940 ALAMEDA WAY. 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

$18,440

$14,158 of that is principal & interest. 23% is taxes, insurance and fees — which is why those inputs matter more here than the rate does.

Principal & interest
$14,158
Property taxes
$1,949
Homeowners insurance
$2,333
Flood insurance
$0
HOA / condo fees
$0
Mortgage insurance (PMI)
$0
Total per month
$18,440

Over the life of the loan

Loan amount
$2,240,000
Down payment
$560,000
Total interest
$2,856,997
Principal + interest paid
$5,096,997
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.

940 Alameda Way, Sarasota, FL 34234

Listing courtesy of CHARITY & WEISS INTERNATIONAL LLC · MLS# A4711603 · Active

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

In person · Tue, Nov 3 · Midday (12-3)

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 Nov 3, 2026, 12:50 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]