940 Alameda Way, Sarasota, FL, 34234
About This Home
Introducing a perfectly positioned waterfront gem on Whitaker Bayou where the inlet opens up to Sarasota Bay. This charming 4BR/4BA is in the sought-after Indian Beach/Sapphire Shores community an exclusive location that captures both tranquility and convenience. The home is gated and, has been completely updated and offers stunning Bay and/or Bayou views from virtually every room. You will love the light and bright interior. A wall of windows spans through the living/dining area, opening up to the elegant pool and the large covered and screened patio area. 3 of the 4BR are ensuite, which is ideal for privacy. All of them in accordance with the theme of this property: Perfect & Seamless indoor /outdoor living! The master on the ground floor opens to the pool area, the 2nd suite opens to a large deck overlooking the Bayou and Bay and the 3rd suite (2nd floor) has a balcony that captures wonderful sunset views. Perfect for maritime enthusiasts, a beautiful extended dock, 120 foot of seawall, boatlift and immediate access to the bay. This waterfront property is also ideal for vacation rentals if your goal is to generate lucrative income. Upgrades include: new HVAC, newer roof and new water heater. A waterfront haven only steps away from cultural attractions, fine dining, and boutique shopping. Coastal living in one of Sarasota’s most desired downtown neighborhoods. Call for a private showing.
Getting Around
Car-Dependent
Some Transit
BikeableSchools
Construction
Condition
- Year built: 1956
Materials
- Foundation: Slab
- Roof: Shingle
- Construction materials: Block,Stucco,Wood Frame
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Disposal,Microwave,Range,Refrigerator
- Laundry features: In Garage
Bedroom2
- Features: No Closet
- Level: First
- Area: 180
- Dimensions: 15x12
Bedroom3
- Features: En Suite Bathroom,Walk-In Closet(s)
- Level: First
- Area: 210
- Dimensions: 15x14
Bedroom4
- Features: En Suite Bathroom,Walk-In Closet(s)
- Level: Second
- Area: 210
- Dimensions: 14x15
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Dining Room
- Level: First
- Area: 180
- Dimensions: 15x12
Features
- Ceiling Fan(s),Primary Bedroom Main Floor,Walk-In Closet(s)
- Door features: Outdoor Shower,Sliding Doors
- Window features: Blinds
- Flooring: Ceramic Tile,Engineered Hardwood,Vinyl
- Fireplace features: Wood Burning
- Fireplace: Yes
Heating & Cooling
- Heating features: Central
- Cooling features: Central Air
Interior Area
- Total structure area: 3,956
- Total interior livable area: 2,689 sqft
Kitchen
- Level: First
- Area: 300
- Dimensions: 12x25
Living Room
- Level: First
- Area: 567
- Dimensions: 27x21
Primary Bedroom
- Features: Walk-In Closet(s)
- Level: First
- Area: 221
- Dimensions: 17x13
Property
Details
- Parcel number: 2006150005
- Zoning: RSF2
- Special condition: None
Features
- Levels: Two
- Stories: 2
- Private pool: Yes
- Pool features: Heated
- Exterior features: Outdoor Shower,Rain Gutters
- Has view: Yes
- View description: Bay/Harbor - Partial,Intracoastal Waterway
- Has water view: Yes
- Water view: Bay/Harbor - Partial,Intracoastal Waterway
- On waterfront: Yes
- Waterfront features: Canal - Saltwater,Saltwater Canal Access,Davits,Lift,Seawall
- Waterbody name: WHITAKER BAYOU
Lot
- Lot size: 0.34 Acres
Parking
- Total spaces: 2
- Parking features: Garage - Attached
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Hurricane
- Lightning
- Coastal Flooding
- Inland Flooding
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Sarasota County and Florida
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $14,158 | $169,896 |
| Home Insurance * | $5,139 | $61,668 |
| Property Taxes | $4,005 | $48,060 |
| Electricity | $270 | $3,247 |
| Total | $23,572 | $282,864 |
Income You'd Need if You Spent...
Florida FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-01 | Price change | $3,150,000 |
| 2026-03-01 | Listed for sale | $3,360,000 |
| 2013-07-09 | Sold | $917,500 |
| 2013-04-13 | Price change | $1,150,000 |
| 2013-04-11 | Price change | $1,100,000 |
| 2013-02-14 | Listed for sale | $950,000 |
View on Zillow