8871 FISHERMENS BAY DRIVE, Sarasota, FL, 34231 | $1,395,000

Under contract-accepting backup offers. Key West–style Southern coastal charm defines this exceptional tri-level residence in a private, gated enclave of just 20 homes. A welcoming, wrap-around veranda sets the tone for effortless entertaining—or serene relaxation—complete with partial views of Sarasota Bay directly across the street.

Step inside to discover an entertainer’s dream: A flowing floor plan with formal dining room, family room, living room and wet bar, plus a generously appointed kitchen and informal eating area with large windows overlooking the towering oak lined street and on towards the bay. Unique architectural details abound, with Palladian windows to brick flooring in both living and family rooms, while a gorgeous wood burning fireplace is the focal point of the living room. A first-floor laundry/butler’s pantry adds everyday convenience.

Designed to balance privacy and togetherness, the tri-level layout places secondary bedrooms on their own floor, both sharing a full bathroom as well as a versatile bonus room ideal for a home office, study or TV lounge. The entire top floor is devoted to the owner’s suite, featuring a spacious bedroom, dual-vanity bath with walk-in shower, separate sitting area, and an oversized walk-in closet/dressing room with its own private balcony—perfect for checking the weather before you dress for the day!

Outside, nearly half an acre of lush grounds invites imagination: an inground pool, wide-open lawn spaces, and across the street, your assigned community boat slip at the shared dock along with the community's sunset pier. Spend your days exploring Midnight Pass or cruising the intracoastal—no fixed bridges stand between you and the open Gulf—or simply enjoy nightly sunsets over Siesta Key from Fishermen’s Bay Pier.

Immaculately maintained, this move-in-ready home boasts an 8-year-young septic system, full PEX repiping, all-new back-lawn sod, newer A/C units, public water plus a dedicated irrigation well, and is just minutes from shopping, dining, and Siesta Key’s legendary quartz-sand beaches. Live the coastal lifestyle you’ve been dreaming of—right here in Sarasota!

Features

  • Amenities: Gated
  • Rooms: 10
  • Bedrooms: 3
  • Baths: 3 full
  • Laundry: Inside
  • Style: Coastal, Florida, Key West, Other
  • Year Built: 1989
  • Garage: Covered, Driveway, Electric Vehicle Charging Station(s), Ground Level, Off Street
  • Heating: Electric, Heat Pump, Zoned
  • Cooling: Central Air, Zoned
  • Approx Sq. Feet: 3,214
  • Acreage: 0.48
  • Est. Taxes: $7,650
  • HOA Fee: $1,500 Annually
  • Lot Desc: Landscaped
  • View: Pool, Trees/Woods, Water
  • Elem. School: Gulf Gate Elementary
  • Middle School: Brookside Middle
  • High School: Riverview High
  • Pool: Gunite, In Ground, Salt Water
  • Pets Allowed: Yes
  • Appliances: Dishwasher, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Range Hood, Refrigerator, Washer
  • MLS#: A4649888
  • Days on Market: 4 days
  • Buyer Broker Compensation: 2.50%
  • Website: https://www.raveis.com
    /mls/A4649888/8871fishermensbaydrive_sarasota_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is 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. (last updated 5/5/2025 8:32:29 PM)

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

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Our Insurance Division:

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8871 FISHERMENS BAY DRIVE, Sarasota, FL, 34231

$1,395,000

Benge Redding Team

Sales Associates

William Raveis Real Estate

Phone: 941.894.4216

BengeRedding@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,116,000 $1,116,000 $1,116,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.125% 6.625% 6.375%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.861% 6.739% 6.560%
Monthly Tax Payment $638 $638 $638
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $6,781 $7,146 $9,645
Total Monthly Payment $7,544 $7,909 $10,408

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.