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About this home
940 Alameda Way is a 1956-built home in Owens Alan T, Sarasota. Inside you'll find 4 bedrooms, 4 bathrooms, and 2,689 square feet of living space. Listed at $2,800,000 (about $1,041/sqft), 12 days on market. Flood zone AE - confirm flood insurance requirements with your lender.
A wonderful waterfront retreat on Whitaker Bayou is waiting for you, where the inlet opens into the sparkling waters of Sarasota Bay. Nestled behind a private gate in the highly sought-after Indian Beach/Sapphire Shores neighborhood, this beautifully renovated 4-bedroom, 4-bath residence offers the perfect blend of luxury, privacy, and effortless coastal living. Designed to maximize its exceptional waterfront setting, the home features breathtaking bay and bayou views from nearly every room. The light-filled interior welcomes you with an open-concept living and dining area framed by a dramatic wall of windows that seamlessly connects the indoors to the resort-style outdoor living spaces. Step outside to your pool, expansive covered and screened lanai, and landscaped grounds—creating the ideal setting for entertaining or simply enjoying the waterfront lifestyle. Three of the four bedrooms are private ensuite retreats. The first-floor primary suite opens directly to the pool, while a second ensuite bedroom features a spacious deck overlooking the bayou and Sarasota Bay. Upstairs, the third ensuite offers its own private balcony with stunning sunset views. Every space has been thoughtfully designed to embrace seamless indoor-outdoor living. Boating enthusiasts will appreciate the exceptional waterfront amenities, including approximately 120 feet of seawall, an extended dock, a boat lift, and immediate access to Sarasota Bay and beyond. In addition to its appeal as a full-time residence or seasonal getaway, this property also presents an outstanding opportunity as a high-demand vacation rental with excellent income potential. Ideally located just minutes from downtown Sarasota, you'll enjoy easy access to world-class cultural attractions, acclaimed restaurants, boutique shopping, and the area's renowned Gulf Coast beaches. This is a rare opportunity to own a move-in-ready waterfront sanctuary in one of Sarasota's most desirable neighborhoods. Schedule your private showing today.
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Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. 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
$2,800,000
$1,041 per sq ft
Beds and baths
4 beds, 4 baths
Size
2,689 sq ft
Time on market
12 days
Year built
1956
Monthly payment
About $17,952/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $23,384 annual tax bill, insurance.
Flood zone
Zone AE
That is a high-risk designation, so a lender will normally require flood insurance. Confirm the current rate before you write an offer.
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