

Overview
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Pricing, comps, HOA, the neighborhood. Answers before you fill out anything.
Open house
Sunday, Oct 11 · 12:00 PM to 6:00 PM
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
751 Maldives Trl 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 $519,990 (about $337/sqft), 55 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable. HOA runs $115 monthly.
MODEL HOME OPPORTUNITY! Welcome to The Bishop at Gracewater, a beautifully upgraded and fully furnished Luxury Villa where all the designer details have already been done for you! This highly desirable model offers 2 bedrooms plus a versatile flex room, abundant natural light from impact-rated windows, and custom touches throughout, including designer lighting, feature walls, upgraded window treatments, and stylish furnishings. The open-concept design showcases a chef-inspired kitchen with a generous island, gas cooktop, farmhouse sink, stainless steel appliances, abundant cabinetry, and designer finishes. Retreat to the luxurious owner's suite with a spa-inspired rain shower or relax and entertain in the fully screened lanai— the lanai furniture is included! Discover your everyday vacation at Gracewater! Your all-access pass to the Pura Vida Clubhouse brings resort-style living right to your neighborhood, featuring a beach-entry pool, cabanas, fitness center, pickleball courts, dog park, and an on-site Lifestyle Manager to help bring the community experience to life. This location is hard to beat—Gracewater is just minutes from UTC Mall, Downtown Sarasota, St. Armands Circle, and Sarasota's world-famous sugar-sand beaches. Why wait to design and furnish a new home when you can own the model? Come experience The Bishop and start enjoying the Gracewater lifestyle from day one! **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 is the fee 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
$519,990
$337 per sq ft
Beds and baths
2 beds, 2 baths
Size
1,542 sq ft
Time on market
55 days
Year built
2026
Monthly payment
About $3,403/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $3,789 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.
Offer
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