

Overview
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Pricing, comps, HOA, the neighborhood. Answers before you fill out anything.
New construction · 2027
Different rules apply when you buy new
Build snapshot
- Build year
- 2027
- Builder
- Ask the team — not on MLS
- Community
- GRACEWATER AT SARASOTA
- Type
- Single Family Residence
True monthly carry
- HOA
- ~$250/mo
- CDD bond
- Yes — typically $1,500–$3,500/yr
- Builder incentives
- Ask — change weekly
What we'll do for you on a new build
Builder contract redlines
Builder contracts favor the builder. We mark up the clauses you should push back on before you sign.
11-month inspection
Your 1-year warranty expires quietly. We book an independent inspection at month 11 — saves $5K+ on average in caught defects.
Verified incentives
We verify the current builder incentives every time we walk a community. Rate buy-downs, design-center credits, closing costs — all itemized.
CDD heads-up.This community is in a Community Development District — there's a separate annual bond payment ($1,500–$3,500 typical) on top of HOA that builders often roll into the mortgage statement. Worth knowing before you write an offer.
About this home
654 Maldives Trl is a 2027-built home in Gracewater At Sarasota, Sarasota. Inside you'll find 3 bedrooms, 3 bathrooms, and 2,219 square feet of living space. Listed at $790,000 (about $356/sqft), 3 days on market. Flood zone x - outside the FEMA high-risk areas, which keeps insurance manageable. HOA runs $250 monthly.
Virtually Staged. Under Construction. New construction pond-view home in Gracewater, a gated community in Sarasota just west of I-75 and about 10 minutes from downtown. Now under construction with estimated completion by January 2027. This single-story Waters Edge by Privada Homes offers 3 bedrooms plus a den/office, 3 baths and 2,219 sq. ft. of living area, with an open kitchen and great room, a paver lanai, a front porch and an attached 2-car garage. Upgrades include outdoor kitchen prep with a gas stub and sink rough-in, pool prep with electric and gas, an 8-foot privacy wall, a walk-in shower in a secondary bath and an epoxy garage floor. Built with concrete block and impact-rated windows and sliders throughout, with 10-foot ceilings, 8-foot interior doors and an 8-foot impact garage door. The kitchen has quartz countertops, soft-close cabinetry with 42-inch uppers, stainless appliances and a natural gas range. Also included: a natural gas tankless water heater, 16 SEER2 heat pump system, paver driveway and walkway, structured wiring and a 10-year structural warranty. Homeowners will enjoy the Pura Vida Club, with a beach-entry pool with cabanas and lap lanes, four pickleball courts, a fitness center, a covered outdoor lounge, a dog park and a lifestyle coordinator. Siesta Key and Lido Key beaches are about 20 minutes away, with Sarasota-Bradenton International Airport and University Town Center close by.
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The essentials
At a glance
Payment
Details
Districts can re-zone, so verify directly with the district before relying on these.
Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
Price history
Neighborhood
Market insights
Offer Insights
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Sample: 105 closed home sales in 34234 over the last 8 months, Stellar MLS. A starting point, not a guarantee.
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Property taxes estimated at 1.55% of price a year. Insurance estimated at 0.60%. HOA includes any condo dues reported on the listing. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.
Quick answers.
Price
$790,000
$356 per sq ft
Beds and baths
3 beds, 3 baths
Size
2,219 sq ft
Time on market
3 days
Year built
2027
Monthly payment
About $5,785/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $0 annual tax bill, insurance, and the $250/mo HOA fee.
HOA fee
$250/mo
Managed by Castle Group.
Flood zone
Zone X
That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.
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