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$10,500,000

3441 GULFMEAD DRIVE, SARASOTA, FL 34242

3D Tour
Active17 days on market

Beds

6

Baths

7

Sq Ft

4,769 sq ft

Year Built

2026

Lot Size

0.41 acres

Garage

4

About This Property

Pre-Construction. To be built. This luxurious grand canal-front estate offers direct deep-water boating to the Gulf, out of one of the most exclusive neighborhoods on north Siesta Key. This in progress New Construction property by Pham Development is on an expansive 17,842 SF and 0.41 acre lot, with a 4,769 SF traditional-style home to be built. Enjoy two separate guests suites on top of the two 2-car garages, for a total of 4 garage spaces, both with elevator access to the above suites. The master bedroom will have water views, and the grand entry home hosts a total of 6 bedrooms, 6 baths, and 1 powder bath. This property's deep-water grand canal with no bridges is ideal for yachts and boats, with up to a 13-foot draft. A new dock and boat lift is set to be installed. Inside, expansive living spaces boast high-end finishes and top-of-the-line appliances, blending timeless elegance with modern comfort. Enjoy the water, and a large backyard perfect for entertaining, a private pool, and new lush landscaping—making this the ultimate waterfront estate for family.

Property Overview

Property TypeResidential
Sub TypeSingle Family Residence
MLS #A4702153
StatusActive
Year Built2026
Total Rooms3
ConstructionBlock
RoofMetal
FoundationSlab
FacesWest
SubdivisionGULFMEAD ESTATES
CountySarasota
OwnershipFee Simple
New ConstructionYes

Interior Features

InteriorBuilt-in Features, Ceiling Fan(s), Dry Bar, High Ceilings, Primary Bedroom Main Floor, Thermostat, Walk-In Closet(s)
FlooringEngineered Hardwood, Porcelain Tile
AppliancesBar Fridge, Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Freezer, Gas Water Heater, Ice Maker, Microwave, Range, Washer
LaundryLaundry Room
WindowsStorm Window(s)
CoolingCentral Air
HeatingNatural Gas
FireplaceYes ()

Exterior & Lot

ExteriorIrrigation System, Lighting, Outdoor Grill, Outdoor Kitchen, Private Mailbox, Private Yard, Rain Gutters
Lot Size0.41 acres (17,842 sq ft)
Road SurfaceAsphalt
ViewWater

Pool & Spa

Private PoolYes
Pool FeaturesHeated, In Ground, Salt Water
SpaHeated, In Ground

Waterfront

WaterfrontYes
FeaturesCanal - Saltwater

Utilities

WaterCanal/Lake For Irrigation
SewerPublic Sewer
UtilitiesElectricity Connected, Natural Gas Connected, Sewer Connected

Parking

GarageYes (4 spaces)

HOA & Community

HOANo
Senior CommunityNo

Financial Details

List Price$10,500,000
Annual Taxes$16,553 (2025)
ZoningRSF1
Parcel #2019110038

Schools

ElementaryPhillippi Shores Elementary
MiddleBrookside Middle
HighSarasota High

Directions

Go down Gulfmead Drive, house will be to your right.

Location

3441 GULFMEAD DRIVE, SARASOTA, FL 34242

Listing Information

OfficePHAM REALTY GROUP LLC
ListedAugust 18, 2026

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Home Price

$10,500,000

20% ($2,100,000)
6.75%

Loan Term

Principal & Interest$54,482
Property Tax (est.)$9,625
Insurance (est.)$150
Total Monthly$64,257
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Nearby Schools

Financing a Luxury Home

Specialized financing for this $10,500,000 property in SARASOTA. Luxury purchases typically require jumbo or portfolio lending.

💎

Jumbo Loan

$1,050,000 Down

For homes exceeding conforming loan limits. Typically requires 10-20% down, strong credit, and reserves.

🎖️

VA Jumbo

$0 Down

VA-eligible borrowers can go above conforming limits with zero down in many cases.

🏦

Portfolio Loan

$1,575,000 Down

Held by the lender, not sold. Flexible terms for high-net-worth buyers with non-traditional income.

🔑

Bridge Loan

$2,100,000 Down

Short-term financing to buy before selling. Ideal for move-up buyers in competitive markets.

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Listing information is deemed reliable but not guaranteed. All measurements and data should be independently verified. This information is provided by the Stellar MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. 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 last updated: September 4, 2026.

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