Overview
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Pricing, comps, HOA, the neighborhood. Answers before you fill out anything.
New construction · 2026
Different rules apply when you buy new
Build snapshot
- Build year
- 2026
- Builder
- Ask the team — not on MLS
- Community
- GRACEWATER
- Type
- Villa
True monthly carry
- HOA
- ~$115/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
2849 Marrakesh Ln is a 2026-built home in Gracewater, Sarasota. Inside you'll find 2 bedrooms, 2 bathrooms, and 1,542 square feet of living space. Listed at $400,000 (about $259/sqft), 129 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable. HOA runs $115 monthly.
Under Construction. Welcome to The Bishop, a new construction Luxury Villa in the gated community of Gracewater, thoughtfully designed with 2 bedrooms, a spacious flex room, and an open-concept layout that blends style, comfort, and functionality. Natural light fills the entry, dining, and family rooms through abundant windows, creating a bright, welcoming atmosphere. The versatile flex room is ideal for a home office, hobby space, media room, or guest retreat. The designer kitchen features a gas cooktop, wall oven, and a large island overlooking the dining and family rooms, making it the perfect space for entertaining and everyday living. A wall of sliding glass doors opens to the extended lanai, seamlessly connecting indoor and outdoor living. Impact-resistant windows provide added security, storm protection, and peace of mind, while the gas tankless water heater delivers energy-efficient comfort year-round. **This property offers a limited time 7% employee pricing incentive.
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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: 21 closed townhouse or villa sales in 34234 over the last 8 months, Stellar MLS. A small sample in a thin market. A starting point, not a guarantee.
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. 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
$400,000
$259 per sq ft
Beds and baths
2 beds, 2 baths
Size
1,542 sq ft
Time on market
129 days
Year built
2026
Monthly payment
About $2,704/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $3,631 annual tax bill, insurance, and the $115/mo HOA fee.
HOA fee
$115/mo
Managed by Gracewater of Sarasota Association.
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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