500 Harbor Cove Circle, FL500 Harbor Cove Circle, FL500 Harbor Cove Circle, FL
Stellar MLS
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$12,250,000

500 Harbor Cove Circle

Longboat Key, FL 34228

Listing updated: June 22, 2026 at 2:23 PM ET

Active
Stellar MLSListing courtesy of Coldwell Banker Realty · Rinat Sikdar · MLS #A4697649 · Active · 941-383-6411
5
Beds
6
Baths
5,120
Sq Ft
0.35
Acres
2026
Built
WaterfrontWater accessPrivate poolNew construction4-car garage$2,393/sqft
Single Family Residence

Property type

2026

Year built

15,053 sqft

Lot size

$2,393

Price / sq ft

No HOA

HOA dues

0

Days on market

4

Garage spaces

AE

Flood zone

About this home

Under Construction. Now nearing completion and expected to be delivered in approximately 60 days. Positioned within the exclusive Harbor Section of Bay Isles on Longboat Key, 500 Harbor Cove Circle is a newly constructed waterfront estate offering a rare combination of exceptional boating access, modern architecture, resort-inspired living, and one of the Gulf Coast’s most coveted addresses. Located behind the double gates of Bay Isles and directly across from The St. Regis Longboat Key Resort, residents enjoy immediate proximity to world-class hospitality, fine dining, marina services, championship golf, and tennis, while ownership includes access to the Bay Isles Beach Club. Encompassing 5,120 square feet under air and 8,564 square feet total, the residence features 5 bedrooms, 5 full baths, 1 half bath, a private office, elevator access to all levels, and a 4-car garage. A fully integrated smart home automation system provides seamless control of lighting, climate, security, audio, window treatments, pool and spa functions, and key home systems throughout the property. The arrival experience unfolds through a lagoon-inspired reflecting pool, floating stairway, and lush tropical landscaping, creating a dramatic resort-style arrival. Architectural lighting, natural stone, warm wood accents, and expansive walls of glass establish a sophisticated coastal aesthetic throughout the residence. Inside, expansive living spaces are enhanced by Venetian plaster, custom millwork, large-format stone surfaces, and carefully curated architectural details. One of the home’s defining architectural statements is a dramatic 20+ foot monolithic travertine feature wall wrapping an entire corner of the residence, creating a striking design element rarely found in residential construction. The chef’s kitchen is anchored by an oversized Calacatta marble waterfall island, premium custom cabinetry, integrated appliances, and generous entertaining space. Designed for seamless indoor-outdoor living, the residence opens to expansive covered terraces, a resort-style pool and spa, and a fully equipped outdoor kitchen featuring a grill, pizza oven, refrigeration, and multiple gathering spaces. Wellness-focused amenities include a private fitness area, sauna, cold plunge, and dedicated spaces for relaxation and recovery, creating a private wellness retreat. For boating enthusiasts, the property offers approximately 100 feet of protected waterfront frontage with direct access to Sarasota Bay and the Gulf of Mexico in less than two minutes. The dock is designed to accommodate a substantial yacht while still providing room for multiple additional lifts for a tender, fishing boat, personal watercraft, and other recreational vessels—an increasingly rare offering among Florida’s premier waterfront estates. One of the Gulf Coast’s rare opportunities to enjoy new construction, large-yacht capability, and resort-inspired living within the exclusive Harbor Section of Bay Isles.

Local Insight

At $12.25M for a brand-new 5,120-square-foot home, you're paying $2,393/sqft in Bay Isles—solidly at the top tier for Longboat Key new construction, so the value hinges entirely on waterfront orientation and finishes since the lot is modest at 0.35 acres. The AE flood zone designation is a significant consideration that will affect insurance costs and potential future regulations, particularly relevant given Florida's changing flood risk landscape. The no-HOA structure is a genuine plus for a property at this price point, though you'll want to verify what Bay Isles' community amenities actually include before assuming you're getting resort-level perks.

AI-generated insight based on listing data and neighborhood context. Verify independently.

Estimated monthly payment

Principal & interest$61,943
Property taxes$1,718
Home insurance (est.)$5,615

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 history0 days on market

  1. Status: Active
    Jun 22, 2026
  2. Listed$12,250,000
    Jun 22, 2026
  3. Price increased$12,250,000

Facts & features

Property type
Residential
Sub type
Single Family Residence
Status
Active
Days on market
0
Subdivision
Bay Isles
County
Sarasota
Year built
2026
Living area
5,120 sq ft
Price/sq ft
$2,393
Building area
8,564 sq ft (Builder)
Lot size
15,053 sq ft
Lot category
1/4 to less than 1/2
Flood zone
AE
Garage
4 spaces
Pool
Private pool
Annual taxes
$20,619 (2025)
Parcel #
0009060005
MLS #
A4697649

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Interior Details

Bedrooms
5
Full bathrooms
5
Half bathrooms
1
Flooring
Hardwood, Other
Appliances
Built-In Oven, Dishwasher, Dryer, Refrigerator, Washer
Interior features
Elevator, Sauna, Smart Home
Laundry
Laundry Room
Stories / Levels
Three Or More
Direction faces
North
New construction
Yes

Heating & Cooling

Heating
Central, Electric
Cooling
Central Air

Parking

Garage spaces
4
Attached garage
Yes

HOA & Financial

HOA fee
$0 / Annually
Monthly HOA
$0/mo
Total monthly fees
$203/mo
Total annual fees
$2,433
HOA name
Ken Kandefer
CDD
No
Min lease term
1-2 Years
Ownership
Fee Simple
Available for lease
Yes
Lease restrictions
Yes
Additional lease restrictions
Review HOA documents
Approval process
Review HOA documents

Exterior & Construction

Exterior features
Balcony, Lighting, Sliding Doors
Construction materials
Block, Stucco
Roof
Metal
Foundation
Slab
Pool
Private pool
Waterfront
Yes
Water access
Yes
Water view
Yes
Road surface
Paved

Utilities

Sewer
Public Sewer
Water source
Public
Utilities
BB/HS Internet Available, Electricity Connected, Sewer Connected, Water Connected

Community

Pets allowed
Yes

Schools

ElementarySouthside ElementaryGreatSchools ↗
MiddleBooker MiddleGreatSchools ↗
High SchoolRiverview HighGreatSchools ↗

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

RoomLevelDimensions
Primary BedroomSecond
Primary BathroomSecond
KitchenSecond
Living RoomSecond

Listing Details

Listing date
2026-06-22
On market date
2026-06-22
Original list price
$12,250,000
Occupant type
Vacant
MLS area
34228 - Longboat Key
Listing AOR
Sarasota - Manatee
Status changed
2026-06-22
Tax legal description
LOT 67 BAY ISLES UNIT 1

Flood risk

High riskFEMA Zone AE

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

North on Gulf of Mexico Dr, turn Right into Harbourside Dr, speak with guard at the gate then make an immediate Right onto Harbor Sound, Right on Harbor Cove.

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MLS GRID

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 22, 2026 at 2:23 PM 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.

Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA