940 ALAMEDA WAY, SARASOTA, FL, 34234
Active160 days on marketListed Mar 1, 2026MLS #A4683727
Come see it
Upcoming open house
Sun, Aug 9
1:00 PM – 3:00 PM
About this home
940 ALAMEDA WAY
Introducing a spectacular waterfront retreat on Whitaker Bayou, 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 an elegant pool, expansive covered and screened lanai, and beautifully 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.
Facts & features
The home at a glance
4
Bedrooms
4
Bathrooms
2,689
Sqft
0.34 ac
Lot size
2
Garage
1956
Year built
Two
Levels
$1,041
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$18,267 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$18,267/mo
Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
vs edgeAI estimate
+17.8%
$/sqft vs Sarasota actives
$1,041 vs $344
Days on market
160 vs 62 typical
Where $1,041/sqft sits among the 400 Sarasota actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Indian Beach / Sapphire Shores
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Sarasota. See the full Sarasota guide →
Indian Beach / Sapphire Shores — neighborhood snapshot
Population
3,193
Median age
51
Median income
$82,133
Median home value
$455,294
Avg household
2
Households w/ children
145
For the school run
Sarasota County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Sarasota market
$475K → $493K
Sarasota median sold, yr/yr
95.2%
Sale-to-list ratio (12 mo)
162 of 400
Sarasota actives have cut their price
Median sold price, Sarasota, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 762% above the SARASOTA 34234 median. See the full Sarasota market guide →
Paper trail
This home's history
Reality check
What actually sold near 940 ALAMEDA WAY
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Feb ’26$1,200,000
213 COSMOPOLITAN COURT
3 bd · 3.5 ba · 2,588 sqft · $464/sqft · 136 DOM
Sold · May ’26$1,105,000
211 COSMOPOLITAN COURT UNIT 211
3 bd · 3.5 ba · 2,588 sqft · $427/sqft · 22 DOM
Sold · Jun ’26$2,600,000
111 S PINEAPPLE AVENUE UNIT 1204
3 bd · 3.5 ba · 2,845 sqft · $914/sqft · 289 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Leliana Vazquez
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 940 ALAMEDA WAY — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 940 ALAMEDA WAY — before you fall in love.
See it in person
Schedule a tour
Live availability from Leliana's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
940 ALAMEDA WAY FAQs
What would the monthly payment be for 940 ALAMEDA WAY?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $18,267/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 940 ALAMEDA WAY?+
The most recent tax bill on record (2025) was $23,384. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Sarasota?+
At $2,800,000, this home is listed about 396% above the Sarasota median of $565,000. The market section on this page shows how the area is trending.
Which schools are assigned to 940 ALAMEDA WAY?+
Booker High School (high), Booker Middle School (middle), Emma E. Booker Elementary School (elementary) — Sarasota County School District. Always verify school assignments with the district before relying on them.
The brief
Four things that matter here
01Positioned at the premium end
$2,800,000 runs 762% above the SARASOTA 34234 median — but at 2,689 sqft it's also 60% larger than the typical Sarasota listing.
02Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
03Time on market is leverage
160 days on market against a Sarasota median of 62 — sellers in this position are usually ready to negotiate.
04The price has already moved
Listed at $3,360,000, now $2,800,000 — a $560K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of CHARITY & WEISS INTERNATIONAL LLC · Annabel Serio. MLS #A4683727.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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