1837 UPPER COVE TERRACE, Sarasota, FL, 34231 | $1,375,000

***CREATIVE SELLER FINANCING ARRANGEMENT AVAILABLE-PLEASE INQUIRE FOR MORE DETAILS*** THE HOME HAS NEVER FLOODED. IT SITS 16 FEET ABOVE SEA LEVEL AND IS LOCATED IN AN X FLOOD ZONE, WITH NO SPECIAL FLOOD HAZARD AREA. Nestled in the highly sought-after Coral Cove neighborhood, this exceptional waterfront home offers an unparalleled living experience in one of Sarasota’s most coveted West of the Trail locations. Boasting direct, bridge-free access to Little Sarasota Bay, this property is a true haven for boating enthusiasts. Additionally, it is situated in an X flood zone, eliminating the need for flood insurance and providing peace of mind while enjoying the waterfront lifestyle.
Tucked away on a private lot, this 3-bedroom, 2-bathroom retreat is surrounded by lush landscaping and overlooks a saltwater canal. A brand-new 33' composite boat and fishing dock, complete with water and electric connections, invites you to spend your days fishing, boating, and enjoying water sports just steps from your backyard. The outdoor space is a sanctuary of relaxation, featuring a spacious covered patio where breathtaking sunsets and the soothing sounds of a fountain create a tranquil setting. The option to add a pool makes the backyard even more enticing, allowing for endless possibilities.
Inside, the home exudes a welcoming ambiance, with tastefully designed interiors and luxury vinyl flooring flowing seamlessly throughout. Sunlight pours into the open and airy layout, creating a bright and inviting atmosphere perfect for both entertaining and everyday living. The kitchen is crafted for culinary enthusiasts, while the charming Florida room provides the ideal space to unwind with morning coffee. Three comfortable bedrooms and two well-appointed bathrooms provide ample space for residents and guests alike. The oversized garage, complete with a durable epoxy floor, offers ample space for vehicles, boats, and equipment.
This exceptional residence has been thoughtfully upgraded with numerous recent enhancements. In 2025, a full exterior repaint was completed, and the roof was replaced, ensuring long-term durability. The road was paved recently, adding to the home's well-maintained appearance. Brand-new insulation was installed, enhancing energy efficiency, and newly updated light fixtures, including can lighting in the kitchen, further elevate the space. Additional upgrades include fully renovated bathrooms completed in 2023, and a new A/C unit installed in 2022, offering both modern comfort and lasting peace of mind. For added reassurance, a Home Warranty is included. With no HOA restrictions, homeowners have the freedom to fully embrace the waterfront lifestyle without limitations.
Beyond the home itself, Coral Cove is a designated bird sanctuary, captivating nature enthusiasts. The neighborhood’s private 2-acre park features a boat ramp, day dock, and excellent fishing opportunities. Highly rated schools, world-renowned beaches such as Siesta Key Beach, and an array of upscale shopping and dining destinations—including downtown Sarasota and St. Armands Circle—are all just a short drive away. Outdoor lovers will also appreciate the proximity to the scenic Legacy Trail and the enchanting Marie Selby Botanical Gardens, offering endless opportunities for exploration.
This is more than just a home—it’s a lifestyle. Embrace this rare opportunity to own a piece of Florida’s paradise.

Features

  • Rooms: 12
  • Bedrooms: 3
  • Baths: 2 full
  • Lot Size: 103 x 146 x 37 x 64 x 145
  • Laundry: Laundry Room
  • Style: Florida, Ranch
  • Year Built: 1959
  • Garage: 3-car Boat, Circular Driveway, Driveway, Garage Door Opener, Golf Cart Parking, Oversized
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 1,964
  • Acreage: 0.38
  • Lot Size: 103 x 146 x 37 x 64 x 145
  • Est. Taxes: $12,364
  • Lot Desc: Landscaped, Level, Oversized Lot, Private
  • View: Trees/Woods
  • Elem. School: Gulf Gate Elementary
  • Middle School: Sarasota Middle
  • High School: Riverview High
  • Pet Policy: Yes
  • Appliances: Dryer, Refrigerator, Washer
  • MLS#: N6137432
  • Days on Market: 30 days
  • Website: https://www.raveis.com
    /eprop/N6137432/1837uppercoveterrace_sarasota_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is 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. (last updated 4/13/2025 5:30:09 AM)

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Brianna TurgeonVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 2104486

860.625.5780

Brianna.Turgeon@raveis.com

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1837 UPPER COVE TERRACE, Sarasota, FL, 34231

$1,375,000

The Real Team

Sales Associates

William Raveis Real Estate

Phone: 860.460.8722

KeepingItReal@Raveis.com

Brianna Turgeon

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 860.625.5780

Brianna.Turgeon@raveis.com

NMLS Mortgage Loan Originator ID 2104486

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,100,000 $1,100,000 $1,100,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.375% 6.625% 6.375%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.109% 6.764% 6.581%
Monthly Tax Payment $1,030 $1,030 $1,030
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $6,863 $7,043 $9,507
Total Monthly Payment $8,018 $8,198 $10,662

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.