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940 ALAMEDA WAY

House For Sale
$2,950,000

BTC: 49.08485857

ETH: 1,689.57617411

-$410K (2026/05/20)
97 days
Waterfront
4 bds
4 ba
2,689 sqft

Overview

Introducing a perfectly positioned waterfront gem on Whitaker Bayou where the inlet opens up to Sarasota Bay. This charming 4BR/4BA is in the sought-after Indian Beach/Sapphire Shores community an exclusive location that captures both tranquility and convenience. The home is gated and, has been completely updated and offers stunning Bay and/or Bayou views from virtually every room. You will love the light and bright interior. A wall of windows spans through the living/dining area, opening up to the elegant pool and the large covered and screened patio area. 3 of the 4BR are ensuite, which is ideal for privacy. All of them in accordance with the theme of this property: Perfect & Seamless indoor /outdoor living! The master on the ground floor opens to the pool area, the 2nd suite opens to a large deck overlooking the Bayou and Bay and the 3rd suite (2nd floor) has a balcony that captures wonderful sunset views. Perfect for maritime enthusiasts, a beautiful extended dock, 120 foot of seawall, boatlift and immediate access to the bay. This waterfront property is also ideal for vacation rentals if your goal is to generate lucrative income. Upgrades include: new HVAC, newer roof and new water heater. A waterfront haven only steps away from cultural attractions, fine dining, and boutique shopping. Coastal living in one of Sarasota’s most desired downtown neighborhoods. Call for a private showing.

Location

Details

Type:
Residential
Parking:
No Data
Year Built:
1956
Lot:
0.34 Acres
Heating:
Central
Price/sqft:
$1,097
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,725,000
$1.0M – $2.8M
Confidence Low
List vs. estimate
$1.2M above estimate
List $2,950,000 · +71.0%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$1,097
+233.2% vs. city median $329
Based on
8 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$23,384
2025
Pool
Heated
Waterfront
Canal - Saltwater
Garage
2 car garage
All facts and features
  • Flooring

    • Ceramic Tile

    • Engineered Hardwood

    • Vinyl

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Disposal

    • Microwave

    • Range

    • Refrigerator

    Other interior features

    • Ceiling Fan(s)

    • Primary Bedroom Main Floor

    • Walk-In Closet(s)

    Bedrooms and bathrooms

    • Bedrooms: 4

    • Full bathrooms: 4

  • Property

    • Levels: Two

    • Pool Private: Yes

    • Exterior Features: Outdoor Shower / Rain Gutters / Sliding Doors

    Lot

    • Lot: 0.34 Acres

    Other Property Information

    • Parcel Number: 2006150005

    • Zoning: RSF2

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Public

  • Other financial information

    • Annual tax amount: $23,384

  • Source details

    • MLS ID: A4683727

    Other facts

    • Construction Materials: Block / Stucco / Wood Frame

    • Foundation Details: Slab

    • Fireplace Features: Wood Burning

    • Laundry Features: In Garage

    • Pool Features: Heated

    • Window Features: Blinds

    • Direction Faces: North

    • Waterfront: Yes

    • Fireplace: Yes

    • Water Body Name: WHITAKER BAYOU

    • Garage Spaces: 2

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 2689

    • Water Source: Public

    • Subdivision Name: OWENS ALAN T

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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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: CHARITY & WEISS INTERNATIONAL LLC