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7631 COVE TERRACE

House For Sale
$2,890,000

BTC: 44.33875422

ETH: 1,518.94210150

14 days
Waterfront
4 bds
3 ba
3,496 sqft

Overview

Imagine having your own private outdoor paradise designed for a relaxing life on the water. This custom designed Key West style residence in Southpointe Shores offers deep sailboat water on a rare wide natural bayou with more than 100 feet of waterfront, complemented by a new Atkins seawall, a 30 foot Cool Touch dock, a 27,000 pound boat lift, second wet slip capability, and a fish cleaning station. Built by Graber Homes and extensively and beautifully renovated, the residence features an open floor plan with living and dining areas that transition naturally to the kitchen and waterfront. Renewal by Andersen sliding doors frame the canal and provide direct access to the outdoor living spaces. Travertine flooring extends throughout the entire first level. The kitchen includes fine wood custom Campbell Cabinetry, Calacatta marble countertops and backsplash, a large entertaining island, a walk in pantry, and gourmet appliances featuring a new Sub Zero refrigerator, a Wolf wall oven, two Miele dishwashers, a Wolf coffee station, and a 48 inch Fulgor Milano induction range. Additionally, the first floor offers a roomy primary suite with two walk in closets and an updated Campbell Cabinetry bath with dual vanities, a walk in shower, and a clawfoot tub, along with a pool bath and an oversized laundry room. The second level offers three guest bedrooms, a full bath with a marble walk in shower and Campbell Cabinetry, and a large bonus room currently arranged as a home gym. New wood look tile flooring extends throughout the second floor. Outdoor spaces include a 7 foot deep saltwater pool and deep seat gas heated spa, a built in 48 inch Lynx outdoor kitchen, professionally designed Artistic paver patios and walkways, a gas fire pit in a private seating area, a second patio for sunbathing, and a stunning landscaped pond with waterfalls inspired by Marie Selby Botanical Gardens. The home also features a 14 speaker indoor and outdoor NHT sound system for entertaining. The entirely fenced backyard provides privacy with direct access to the dock and waterfront. Recent improvements include a whole house 26KW Generac generator, three new Bryant HVAC systems with new ductwork and Knauf insulation, an Aprilaire whole home fresh air and dehumidification system, whole house water filtration, new Starlink internet, two 48 amp Tesla charging stations, and a large air conditioned three car garage with hanging rack storage along the ceiling. Located West of the Trail, Southpointe Shores offers a friendly optional HOA, a private gated neighborhood boat ramp and park, and easy access to Midnight Pass, Sarasota Bay, Siesta Key, downtown Sarasota, shopping, and dining.

Location

Details

Type:
Residential
Parking:
Driveway / Electric Vehicle Charging Station(s)
Year Built:
2002
Lot:
0.35 Acres
Heating:
Central
Price/sqft:
$827
Cooling:
Central Air / Humidity Control / Mini-Split Unit(s)
HOA:
$295

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,074,450
$879K – $3.9M
Confidence Low
List vs. estimate
$1.8M above estimate
List $2,890,000 · +169.0%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$826
+156.4% vs. city median $322
Based on
8 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$12,532
2025
HOA
$295/yr
Pool
In Ground
View
Garden, Water
Waterfront
Canal - Saltwater
Garage
3 car garage
Pets
Allowed
All facts and features
  • Flooring

    • Epoxy

    • Tile

    • Travertine

    Heating

    • Central

    Cooling

    • Central Air

    • Humidity Control

    • Mini-Split Unit(s)

    Appliances

    • Built-In Oven

    • Cooktop

    • Dishwasher

    • Dryer

    • Microwave

    • Range

    • Range Hood

    • Refrigerator

    • Washer

    Other interior features

    • Ceiling Fan(s)

    • Central Vacuum

    • Crown Molding

    • Eating Space In Kitchen

    • Kitchen/Family Room Combo

    • Open Floorplan

    • Primary Bedroom Main Floor

    • Solid Wood Cabinets

    • Stone Counters

    • Tray Ceiling(s)

    • Walk-In Closet(s)

    Bedrooms and bathrooms

    • Bedrooms: 4

    • Full bathrooms: 3

  • Parking

    • Driveway

    • Electric Vehicle Charging Station(s)

    Property

    • Levels: Two

    • Pool Private: Yes

    • Exterior Features: Lighting / Outdoor Grill / Outdoor Kitchen / Sliding Doors

    Lot

    • Lot: 0.35 Acres

    Other Property Information

    • Parcel Number: 0112130030

    • Zoning: RMF1

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Electricity Connected

    • Natural Gas Connected

    • Sewer Connected

    • Water Connected

  • Other financial information

    • HOA: $295

    • HOA Frequency: Annually

    • Annual tax amount: $12,532

  • Source details

    • MLS ID: A4700159

    Other facts

    • Construction Materials: Block / Stucco

    • Foundation Details: Slab

    • Fireplace Features: Gas

    • Laundry Features: Laundry Room

    • Lot Features: In County / Oversized Lot / Street Dead-End

    • Patio And Porch Features: Covered / Deck / Patio / Porch / Screened

    • Pool Features: In Ground / Salt Water / Screen Enclosure

    • Direction Faces: Northwest

    • Architectural Style: Custom / Key West

    • Waterfront: Yes

    • Fireplace: Yes

    • Water Body Name: LITTLE SARASOTA BAY

    • Garage Spaces: 3

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 3496

    • Water Source: Public

    • Subdivision Name: SOUTHPOINTE SHORES

Private inquiry
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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: FIRST LIGHT REAL ESTATE