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$2,890,000
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Property Description
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.
Full Property Details
Full Property Details for 7631 Cove Terrace
General
- Price: $2,890,000
- HOA FEE: $25/month
- HOA FEE FREQ.: Annually
- Taxes: $12,532 (2025)
- Status: Active
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: A4700159
- Updated: 8/10/2026
- Added to Site: 25 day(s) ago
Rental Information
- Min. Lease: No Minimum
Interior
- Number of Rooms: 9
- Interior Features: Ceiling Fan(s), Central Vacuum, Crown Molding, Eating Space In Kitchen, Kitchen and Family Room Combination, Open Floorplan, Primary Bedroom Main Floor, Solid Wood Cabinets, Stone Counters, Tray Ceiling(s), Walk-In Closet(s)
- Appliances: Built-In Oven, Cooktop, Dishwasher, Dryer, Microwave, Range, Range Hood, Refrigerator, Washer
- Furnishings: Negotiable
- Flooring: Epoxy, Tile, Travertine
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Laundry Room
Additional Information
- Shared Amenities: Park
- Pool: Yes
- Private Pool: Yes
- Pool Description: In Ground, Salt Water, Screen Enclosure
- Spa: Yes
- Spa Description: Heated, In Ground
Exterior
- Exterior Features: Lighting, Outdoor Grill, Outdoor Kitchen, Sliding Doors
- Deck/Patio: Covered, Deck, Patio, Porch, Screened
- Porch/Patio/Deck: Covered, Deck, Patio, Porch, Screened
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 3
- Covered Spaces: 3
- Parking Features: Driveway, Electric Vehicle Charging Station(s)
Location
- Area: 34231 - Sarasota/Gulf Gate Branch
- County: Sarasota
- Development Name: 34231 - Sarasota/Gulf Gate Branch
- Subdivision: SOUTHPOINTE SHORES
- Driving Directions: From US 41 and Clark Road, head south on US 41. Turn right onto Sandalwood Drive, then take the first left onto Cove Terrace. Continue to 7631 Cove Terrace.
- Direction Faces: Northwest
School Information
- Elementary School: Lakeview Elementary
- Middle School: Brookside Middle
- High School: Riverview High
Community
- Community Name: 34231 - Sarasota/Gulf Gate Branch
- Community Features: Community Boat Ramp, Water Access, Waterfront
- Optional Amenities: Park
- Association: Yes
- Assoc. Name: Southpointe Shores Homeowners Association
Heating & Cooling
- Cooling Type: Central Air, Humidity Control, Mini-Split Unit(s)
- Heating Type: Central
Utilities
- Sewer: Septic Tank
- Water District: LITTLE SARASOTA BAY
- Water: Public
- Utility Description: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Structural Information
- Architectural Info: Custom, Key West
- Architectural Style: Custom, Key West
- Exterior Const.: Block, Stucco
- Roof: Metal
- Stories/Levels: Two
- Square Feet: 3,496
- Sq. Ft. Source: Public Records
- Year Built: 2002
Lot Features
- Property View: Garden, Water
- Lot Size (Acres): 0.35
- Lot Size (Sq. Ft.): 15,078
- Lot Size: 15078
- Frontage: Street Dead-End, Street Paved
- Street/Road Desc.: Paved
Water Features
- Water Front: Yes
- Water View: Yes
- Water Access: Yes
- Water Access Desc: Canal - Saltwater, Intracoastal Waterway
- Water Extras: Yes
- Water Front Name: LITTLE SARASOTA BAY
- Water Front Desc.: Waterfront, Saltwater Canal
Green Features
- Indoor Air Quality: Moisture Control, Ventilation
Financial Considerations
- Association Fee: $295
- Assoc Fee Freq.: Annually
- Assoc Fee Desc.: Optional
- Tax Amount: $12,532
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: LOT 6 SOUTHPOINTE SHORES UNIT 1
- Flood Zone Info: X500
- APN: 112130030
- Property ID: 112130030
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Schools
Schools serving 7631 Cove Terrace
School District:Sarasota County School District
| Name | Grades | Distance |
|---|---|---|
Gulf Gate Elementary School 6500 South Lockwood Ridge Road, Sarasota, FL 34231 | PK-5 | 1.4 mi |
Riverview High School, Sarasota, FL 1 Ram Way, Sarasota, FL 34231 | 9-12 | 2.8 mi |
Brookside Middle School 3636 South Shade Avenue, Sarasota, FL 34239 | 6-8 | 4.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 7631 Cove Terrace
Date
Details
Price
Change
Source
7/18/2026
Listed
$2,890,000
221.11%
MLS
7/20/2012
Sold
$900,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 7631 Cove Terrace
Year
Property Taxes
Change
Tax Assessment
Change
2025
$12,532
3%
$1,044,215
3%
2024
$12,216
3%
$1,014,786
3%
2023
$11,857
2%
$985,229
3%
2022
$11,585
1%
$956,533
5%
2021
$11,430
—
$913,527
1%
2021
$11,430
2%
$900,914
2%
2019
$11,166
2%
$880,659
2%
2018
$10,959
1%
$864,238
3%
2017
$10,830
—
$839,008
2%
2016
$10,841
20%
$821,751
23%
2015
$9,056
-8%
$667,100
-3%
2014
$9,825
1%
$685,800
3%
2013
$9,726
—
$667,800
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 7631 Cove Terrace
7631 Cove Terrace, Sarasota, FL 34231 (MLS# A4700159) is a Single Family property with 4 bedrooms and 3 full bathrooms. 7631 Cove Terrace is currently listed for $2,890,000 and was received on July 18, 2026. Want to learn more about 7631 Cove Terrace? Do you have questions about finding other Single Family real estate for sale in Sarasota? You can browse all Sarasota real estate or contact a Coldwell Banker agent to request more information.

