by Global Lifestyle Properties

See Home Value
$2,850,000
↑ $145K (5.1%)
● House - Off Market

7637 COVE TERRACE

SARASOTA, FL 34231
bedrooms
4 Beds
bathrooms
3 Baths, 2 Half Baths
square feet
3,799 Ft²
$17,043
Est. Monthly
$25
HOA / Fees

About This Property

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.
Unit Size
3,799 Ft²
Days on Market
191 days
Land Size
0.34 acres
Price per sqft
$788
Property Type
House
Property Taxes
$2,312
HOA Dues
$25
Year Built
2004

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Last updated: 2 months ago (Stellar MLS #A4684647)

Price History

Date / Event Date Event Price
Sep 22, 2026 Price Increased $2,995,000
↑ $145K (5.1%)
Price Increased
Sep 21, 2026 Sold
Sold
Aug 7, 2026 In contract -
In contract
May 30, 2026 Price Decreased $3,295,000
↓ $200K (5.7%)
Price Decreased
Mar 12, 2026 Listed by COLDWELL BANKER REALTY $3,495,000
Listed by COLDWELL BANKER REALTY
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Property Highlights

Garage
Air Conditioning
With View

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2008
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: 6
  • Building Quality: 1
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 3
  • Roof Shape Type: 8
  • Roof Cover Type: 4
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 735
  • Parking Space Count: 3
  • Patio Type: 5
  • Porch Type: 102
  • Pool Type: 8
  • Location Influence Type: 27

    Dimensions

  • Lot Size Square Feet: 14,650
  • Total Building Area: 4,534
  • Gross Building Area: 4,534
  • Building Area: 3,799
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 3,799
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 4
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SOUTHPOINTE SHORES UNIT 1
  • Land Acres: 0000000336
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 001
  • Legal Description 1: LOT 7 SOUTHPOINTE SHORES UNIT 1

Neighborhood

  • School District Name: Sarasota County School District
  • School Tax School District: L036 W190 A055
  • Census Tract: 002012

Zoning

  • Zoning: RSF1

Geography

  • Assessors Map Reference: 29-21
  • Account Number: 0112130031
  • Subdivision Tract Number: 1389
  • Parcel: 0112-13-0031
  • Lot: 7
  • Meridian: SEC 21 TWN 37S RNG 18E
  • Municipality: SARASOTA COUNTY
  • Latitude: 27.2417
  • Longitude: -82.5108

    Address

  • Full Address: 7637 Cove Ter
  • Legal Unit: 1
  • Address - House Number: 7637
  • Address - Street Name: Cove
  • Address - Suffix Type: Ter
  • State: FL
  • City Name: Sarasota
  • Carrier Code: C096
  • 4-Digit Zip Code: 5309
  • Zip Code: 34231

Valuation

    Tax

  • Total Area: 5,422
  • Tax Year: 2023
  • Tax Amount: $2,487,854
  • Tax Rate Code Area: 3692

    Appraisal Valuation

  • Standard Deviation: 0.1754
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 77
  • Final Value: 2,455,703
  • High Value: 2,886,674
  • Low Value: 2,024,732

    Market Valuation

  • Market Total Value: $2,361,700
  • Market Land Value: $777,200
  • Market Improvement Value: $1,584,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,361,700
  • Assessed Land Value: $777,200
  • Assessed Improvements Value: $1,584,500

    Sales

  • Current Sale Contract Date: May 21, 2015
  • Current Sale Recording Date: May 22, 2015
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2015063264
  • Previous Sale Recording Date: Sep 11, 2013
  • Previous Sale Contract Date: Sep 05, 2013
  • Previous Sale Amount: $185,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Southpointe Shores


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Frequently Asked Questions

When was property at 7637 Cove Terrace built and last sold?
The property at 7637 Cove Terrace was built in 2004 and last sold on May 21, 2015 for $1,500,000.
How much is this home worth?
The estimated value of the home located at 7637 Cove Terrace is $3,512,124.
What are some comparable homes to 7637 Cove Terrace?
There are currently no comparable homes to 7637 Cove Terrace.