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7637 COVE TERRACE

House For Sale
$3,295,000

BTC: 54.55298013

ETH: 2,066.23230847

-$200K (2026/05/30)
111 days
Waterfront
4 bds
3 ba
3,799 sqft

Overview

Price improved to sell! 7637 Cove Terrace, an elegant 4-bedroom, 3 full bath and 2 half bath custom residence located in the coveted waterfront community of Southpointe Shores. Beautifully renovated in 2023, offering 3,799 square ft of heated living space, this meticulously maintained home combines Florida architectural style with modern comfort and exceptional boating amenities. Set on a 0.34-acre lot with over 100 feet of direct saltwater canal frontage, the property provides sailboat depth-water access plus a large private dock equipped with electric and water, and has been upgraded with TWO Boat lifts: a 40,000lb lift and an additional 10,000K lift, making it an outstanding choice for boating enthusiasts. Enjoy serene views of the wide canal with deep water access to the Intracoastal Waterway from your own backyard. Inside, the home welcomes you with an open, light-filled layout enhanced by tray ceilings, crown molding, granite counters, walk-in closets, and a spacious primary suite on the main floor. The gourmet kitchen, remodeled in 2024, features Thermador™ appliances, a walk-in pantry, a gas cooktop, range hood, dishwasher, refrigerator, and built-in island seating, flowing seamlessly into the living and dining areas — ideal for everyday living or entertaining. All three guest bedrooms are located on the main level, each offering generous dimensions and built-in closets, with Bedroom 2 featuring an en-suite bath. An oversized second-floor bonus space provides flexibility for a game room, media room, office, or guest retreat and includes a terrace, a powder room, a wet bar and a beverage refrigerator for ease of entertaining. The outdoor living space is exceptional: the private screened area hosts the heated pool and in-ground spa, both resurfaced in 2023, expansive covered lanai with new travertine, outdoor kitchen, balcony, fenced yard, and thoughtful exterior details such as French doors, lighting, rain gutters, and sliding glass doors. Whether relaxing or hosting, this home’s outdoor spaces offer year-round enjoyment. For added peace of mind, the home is elevated to nearly 12 feet — well above FEMA flood plain requirements. A host of thoughtful upgrades further protect and elevate your lifestyle: new hurricane-grade front entry doors (2024), a fully redone 100.7-foot seawall (2015), two 5-ton A/C units (2026 & 2024, each with a transferable 10-year warranty), and fresh interior and exterior paint (2024). The home is also equipped with gas, and a dedicated 45-gallon water heater for the primary suite. Tile roof and block/stucco construction ensure lasting durability. To top it all off, storage is never a concern — enjoy an attached 2-car garage plus an additional oversized 1-car garage, perfect for a third vehicle or extra storage for your water toys! Nestled within the desirable Southpointe Shores community, this home benefits from top-rated school zones and a serene, upscale waterfront atmosphere. The neighborhood’s private boat ramp, available for a minimal annual fee, enhances its appeal for boating enthusiasts. Perfectly situated close to Sarasota’s premier shopping, dining, beaches, and marinas, the property still offers the tranquility, water access, and elevated coastal living that define a true retreat.

Location

Details

Type:
Residential
Parking:
Garage Door Opener / Oversized
Year Built:
2004
Lot:
0.34 Acres
Heating:
Central / Electric
Price/sqft:
$867
Cooling:
Central Air
HOA:
$295

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,644,000
$866K – $3.8M
Confidence Low
List vs. estimate
$1.7M above estimate
List $3,295,000 · +100.4%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$867
+180.2% vs. city median $309
Based on
8 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$27,740
2025
HOA
$295/yr
Pool
In Ground
View
Pool, Water
Waterfront
Canal - Saltwater
Garage
3 car garage
Pets
Allowed
All facts and features
  • Flooring

    • Carpet

    • Ceramic Tile

    • Other

    • Hardwood

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    Appliances

    • Cooktop

    • Dishwasher

    • Disposal

    • Dryer

    • Microwave

    • Range Hood

    • Refrigerator

    • Washer

    Other interior features

    • Ceiling Fan(s)

    • Crown Molding

    • Eating Space In Kitchen

    • Kitchen/Family Room Combo

    • Living Room/Dining Room Combo

    • Open Floorplan

    • Primary Bedroom Main Floor

    • Solid Surface Counters

    • Stone Counters

    • Thermostat

    • Tray Ceiling(s)

    • Walk-In Closet(s)

    Bedrooms and bathrooms

    • Bedrooms: 4

    • Bathrooms: 2

    • Full bathrooms: 3

  • Parking

    • Garage Door Opener

    • Oversized

    Property

    • Levels: Two

    • Pool Private: Yes

    • Exterior Features: Balcony / French Doors / Lighting / Outdoor Grill / Private Entrance / Private Yard / Rain Gutters / Sidewalk / Sliding Doors

    Lot

    • Lot: 0.34 Acres

    Other Property Information

    • Parcel Number: 0112130031

    • Zoning: RSF-1

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • BB/HS Internet Available

    • Cable Available

    • Electricity Connected

    • Natural Gas Connected

    • Public

    • Sewer Connected

    • Underground Utilities

    • Water Connected

  • Other financial information

    • HOA: $295

    • HOA Frequency: Annually

    • Annual tax amount: $27,740

  • Source details

    • MLS ID: A4684647

    Other facts

    • Construction Materials: Block / Stucco

    • Foundation Details: Slab

    • Laundry Features: Inside / Laundry Room

    • Lot Features: In County

    • Patio And Porch Features: Covered / Deck / Screened

    • Pool Features: In Ground / Screen Enclosure

    • Direction Faces: Northwest

    • Other Structures: Other / Outdoor Kitchen

    • Architectural Style: Florida

    • Waterfront: Yes

    • Garage Spaces: 3

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 3799

    • Water Source: Public

    • Subdivision Name: SOUTHPOINTE SHORES UNIT 1

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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: COLDWELL BANKER REALTY