$10,500,000
3441 Gulfmead Drive
Sarasota, FL 34242
Listing updated: June 1, 2026 at 8:51 AM ET
Listing courtesy of The Stutzman Realty Group, Llc · Faith Stutzman · MLS #A4693315 · Active · 941-260-0709Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Garage spaces
Flood zone
About this home
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.
Local Insight
At $2,202 per square foot for brand-new construction in Gulfmead Estates, you're paying a premium that reflects the waterfront location and turnkey condition, though that price point puts you in rarefied territory even for Sarasota's high-end market. The AE flood zone designation is a meaningful consideration here—you'll want to verify flood insurance costs and elevation requirements, as this will impact both your annual expenses and resale appeal. The 0.41-acre lot is relatively modest for a $10.5M property, so this is really about the water access and new-construction quality rather than expansive grounds.
AI-generated insight based on listing data and neighborhood context. Verify independently.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history6 days on market
- Status: ActiveMay 26, 2026
- Listed$10,500,000May 26, 2026
- Price increased$10,500,000
Facts & features
- Property type
- Residential
- Sub type
- Single Family Residence
- Status
- Active
- Days on market
- 6
- Cumulative DOM
- 308
- Subdivision
- Gulfmead Estates
- County
- Sarasota
- Year built
- 2026
- Living area
- 4,769 sq ft
- Price/sq ft
- $2,202
- Building area
- 6,565 sq ft (Builder)
- Lot size
- 17,842 sq ft
- Lot category
- 1/4 to less than 1/2
- Flood zone
- AE (12115C0141G)
- Garage
- 4 spaces
- Pool
- Private pool
- Annual taxes
- $16,553 (2025)
- Parcel #
- 2019110038
- Zoning
- RSF1
- MLS #
- A4693315
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Interior Details
- Bedrooms
- 6
- Full bathrooms
- 6
- Half bathrooms
- 1
- Flooring
- Hardwood, Tile
- Appliances
- Bar Fridge, Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Freezer, Gas Water Heater, Ice Maker, Microwave, Range, Washer
- Interior features
- Built-in Features, Ceiling Fans(s), Dry Bar, High Ceilings, Primary Bedroom Main Floor
- Laundry
- Laundry Room
- Stories / Levels
- Two
- Direction faces
- West
- Fireplace
- Yes
- New construction
- Yes
Heating & Cooling
- Heating
- Natural Gas
- Cooling
- Central Air
Parking
- Garage spaces
- 4
- Attached garage
- Yes
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- CDD
- No
- Min lease term
- 1 Week
- Ownership
- Fee Simple
- Available for lease
- Yes
- Lease restrictions
- No
Exterior & Construction
- Exterior features
- Lighting, Outdoor Grill, Outdoor Kitchen, Private Mailbox, Private Yard, Rain Gutters
- Construction materials
- Block
- Roof
- Metal
- Foundation
- Slab
- Pool
- Private pool
- Waterfront
- Yes
- Water access
- Yes
- Water view
- Yes
- Road surface
- Asphalt
Utilities
- Sewer
- Public Sewer
- Water source
- Canal/Lake For Irrigation
- Utilities
- Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Schools
Letter grades: Florida DOE 2024–25 school grades (Orange, Seminole, Lake, Osceola, Brevard). Assigned schools from the listing agent — verify enrollment with the district.
Room Details
| Room | Level | Dimensions |
|---|---|---|
| Primary Bedroom | First | |
| Kitchen | First | |
| Living Room | First |
Listing Details
- Listing date
- 2026-05-26
- On market date
- 2026-05-26
- Original list price
- $10,500,000
- Occupant type
- Vacant
- MLS area
- 34242 - Sarasota/Crescent Beach/Siesta Key
- Listing AOR
- Sarasota - Manatee
- Status changed
- 2026-05-26
- Tax legal description
- LOT 7 GULFMEAD ESTATES
Flood risk
FEMA Special Flood Hazard Area (1% annual-chance / “100-year” floodplain). Flood insurance is generally required by mortgage lenders.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
Go down Gulfmead Drive, house will be to your right.
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Listings courtesy of Stellar MLS as distributed by MLS GRID
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.
Based on information submitted to the MLS GRID as of June 1, 2026 at 8:51 AM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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