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3441 Gulfmead Dr, Sarasota, FL, 34242

6beds
7baths
4,769sqft
$10,500,000
$2,202price/sqft
$77,662/moest. monthly cost
$3,106,480/yrincome needed

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.

Getting Around

2
WalkingCar-Dependent
0
TransitNo Nearby Transit
34
BikeSomewhat Bikeable

Schools

6/10
Brookside Middle SchoolGrades 6-82.0 mi
5/10
Sarasota High SchoolGrades 9-122.4 mi

Construction

Condition

  • Property condition: Pre-Construction
  • New construction: Yes
  • Year built: 2026

Materials

  • Foundation: Slab
  • Roof: Metal
  • Construction materials: Block

Other

  • Builder name: Pham Development

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Bar Fridge,Oven,Cooktop,Dishwasher,Disposal,Dryer,Freezer,Gas Water Heater,Ice Maker,Microwave,Range,Washer
  • Laundry features: Laundry Room

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 7
  • Full bathrooms: 6
  • 1/2 bathrooms: 1

Features

  • Built-in Features,Ceiling Fan(s),Dry Bar
  • Flooring: Engineered Hardwood,Porcelain Tile
  • Fireplace features: Electric
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 6,565
  • Total interior livable area: 4,769 sqft

Kitchen

  • Level: First

Living Room

  • Level: First

Primary Bedroom

  • Features: Walk-In Closet(s)
  • Level: First

Property

Details

  • Parcel number: 2019110038
  • Zoning: RSF1
  • Special condition: None

Features

  • Levels: Two
  • Stories: 2
  • Private pool: Yes
  • Pool features: Heated,In Ground,Salt Water
  • Exterior features: Irrigation System,Lighting,Private Mailbox,Private Yard,Rain Gutters
  • Spa features: Heated,In Ground
  • Has view: Yes
  • View description: Canal
  • Has water view: Yes
  • Water view: Canal
  • On waterfront: Yes
  • Waterfront features: Canal - Saltwater,Saltwater Canal Access,Gulf/Ocean to Bay Access,Lift,Seawall
  • Residential vegetation: Mature Landscaping,Trees/Landscaped

Lot

  • Lot size: 0.41 Acres

Parking

  • Total spaces: 4
  • Parking features: Garage - Attached
  • Has garage: Yes
  • Attached garage spaces: 4
  • Covered spaces: 4

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

  • Coastal Flooding
    Coastal FloodingVery High
  • Hurricane
    HurricaneRelatively High
  • Lightning
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Coastal Flooding
Hurricane
Lightning
Tsunami

FEMA Declared Disasters in Sarasota County and Florida

Coastal Storm
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Tropical Depression
Tropical Storm

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

MonthlyAnnual
Mortgage $53,093$637,116
Home Insurance *$10,855$130,260
Property Taxes $13,235$158,820
Electricity $479$5,759
Total$77,662$931,944
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$2,662,697/yr
40% on housing$2,329,860/yr
45% on housing$2,070,986/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

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.

Insurance Growth Rate5-year average: 15.0%
15.0%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 6.6%
6.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$2,202This listing

vs Other Active Listings

Avg $/sqft

ZIP 34242$1,087
Sarasota County$344

vs Homes Sold Last Month

Median $/sqft

ZIP 34242$616
Sarasota County$245

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

DateEventPrice
2026-03-30Listed for sale$10,500,000
2026-03-30Listing removed$10,500,000
2026-02-11Listed for sale$10,500,000
2026-02-11Listing removed$10,500,000
2026-01-07Listed for sale$10,500,000
2026-01-07Listing removed$10,500,000
2025-11-21Listed for sale$10,500,000
2025-11-20Listing removed$10,500,000
2025-10-05Listed for sale$10,500,000
2025-10-05Listing removed$10,500,000
2025-07-25Listed for sale$10,500,000
2025-06-16Sold$2,000,000
2013-03-13Listing removed$1,800
2013-03-08Listed for rent$1,800

New Construction

AgentFaith Stutzman
BrokeragePHAM REALTY GROUP LLC

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