Steeve Cadeau
$10,500,0006 bd6.5 ba4,769 sqft$2,202 /sqft$62,134 /mo all-in ↓

3441 GULFMEAD DRIVE, SARASOTA, FL, 34242

Active69 days on marketListed May 26, 2026MLS #A4693315

New constructionWaterfrontPrivate poolSingle Family ResidenceGULFMEAD ESTATES

About this home

3441 GULFMEAD DRIVE

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.

Facts & features

The home at a glance

6

Bedrooms

6.5

Bathrooms

4,769

Sqft

0.41 ac

Lot size

4

Garage

2026

Year built

Two

Levels

$2,202

Per sqft

Private poolWaterfrontFireplaceWater view

Inside

FlooringEngineered Hardwood · Porcelain Tile
AppliancesBar Fridge · Built-In Oven · Cooktop · Dishwasher · Disposal · Dryer · Freezer · Gas Water Heater · Ice Maker · Microwave · Range · Washer
InteriorBuilt-in Features · Ceiling Fan(s) · Dry Bar · High Ceilings · Primary Bedroom Main Floor
LaundryLaundry Room
CoolingCentral Air
HeatingNatural Gas

Outside & construction

RoofMetal
ConstructionBlock
FoundationSlab
ViewWater
FacesWest
ExteriorIrrigation System · Lighting · Outdoor Grill · Outdoor Kitchen · Private Mailbox · Private Yard · Rain Gutters

Community & fees

Taxes (2025)$16,553/yr

Utilities & systems

UtilitiesElectricity Connected · Natural Gas Connected · Sewer Connected · Water Connected
WaterCanal/Lake For Irrigation

The numbers

What it really costs

Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.

$62,134 /mo · 10% down Conventional, 30-yr fixed at 6%

Principal & interest$56,658
PMI (est., until 20% equity)$3,938
Property tax — 2025 actual bill$1,379
Insurance (FL estimate)$160

The assumptions

Loan typeConventionalDown payment10% · $1,050,000Loan30-yr fixed at 6%Mortgage insuranceIncludedTaxesActual bill on recordInsuranceFlorida estimate

Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.

These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:

Andrew Acosta

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Run your own numbers

Loan type

FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.

Down payment10% · $1,050,000
Interest rate6.00%
Loan term

Estimated payment

$62,134/mo

Principal & interest$56,658
PMI (est., until 20% equity)$3,938
Property taxes (actual bill)$1,379
Est. insurance$160

Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.

Value check

Is the price right?

The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.

$/sqft vs Sarasota actives

$2,202 vs $343

Days on market

69 vs 62 typical

Where $2,202/sqft sits among the 400 Sarasota actives

262
59
41
20
11
7 · this home
$158–499$499–839$839–1180$1180–1521$1521–1861$1861+

The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.

Where it sits

Inside Bay Island

Map of 3441 GULFMEAD DRIVE inside its neighborhood boundary

Drive times from this address

Downtown Tampa72 min

Estimated driving times, typical traffic. Data © OpenStreetMap contributors.

Get to know Sarasota. See the full Sarasota guide →

Bay Island — neighborhood snapshot

Population

531

Median age

61

Median income

$151,850

Median home value

$2,000,000

Avg household

2

Households w/ children

31%

For the school run

Sarasota County School District

MiddleBrookside Middle School★★★★★
ElementaryPhillippi Shores Elementary School★★★★★
HighSarasota High School★★★★★

School assignments and ratings via edgeAI — always verify with the district.

The numbers that matter

The Sarasota market

Seller’s marketLeans seller4.6 months of inventoryBuyer’s market

$475K$495K

Sarasota median sold, yr/yr

95.2%

Sale-to-list ratio (12 mo)

153 of 400

Sarasota actives have cut their price

Median sold price, Sarasota, trailing 36 months (3-month rolling) · live MLS data.

This home is listed 2074% above the SARASOTA 34242 median. See the full Sarasota market guide →

Paper trail

This home's history

May 26, 2026Listed at $10,500,000 · 69 days on market since
2026Built · GULFMEAD ESTATES

Reality check

What actually sold near 3441 GULFMEAD DRIVE

Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.

3465 GULFMEAD DRIVESold · Aug ’25

$4,325,000

3465 GULFMEAD DRIVE · same community

5 bd · 5.5 ba · 4,641 sqft · $932/sqft · 81 DOM

455 CLEVELAND DRIVESold · Oct ’25

$5,150,000

455 CLEVELAND DRIVE

6 bd · 7 ba · 4,702 sqft · $1,095/sqft · 75 DOM

604 NORSOTA WAYSold · Feb ’26

$2,950,000

604 NORSOTA WAY

5 bd · 5.5 ba · 4,536 sqft · $650/sqft · 2 DOM

Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.

Your home team

The pros in your corner

Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.

Steeve Cadeau

Your agent

Steeve Cadeau

REALTOR® · CENTURY 21 Edge

Tours, negotiation, and every question about 3441 GULFMEAD DRIVE — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for 3441 GULFMEAD DRIVE — before you fall in love.

See it in person

Schedule a tour

Pick a day that works — this goes straight to Steeve's phone and CRM.

Goes straight to Steeve’s phone and CRM.

Straight answers

3441 GULFMEAD DRIVE FAQs

What would the monthly payment be for 3441 GULFMEAD DRIVE?+

With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $62,134/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.

What are the property taxes on 3441 GULFMEAD DRIVE?+

The most recent tax bill on record (2025) was $16,553. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.

How does the price compare to other homes in Sarasota?+

At $10,500,000, this home is listed about 1742% above the Sarasota median of $569,945. The market section on this page shows how the area is trending.

Which schools are assigned to 3441 GULFMEAD DRIVE?+

Brookside Middle School (middle), Phillippi Shores Elementary School (elementary), Sarasota High School (high) — Sarasota County School District. Always verify school assignments with the district before relying on them.

The brief

Three things that matter here

01Positioned at the premium end

$10,500,000 runs 2074% above the SARASOTA 34242 median — but at 4,769 sqft it's also nearly 3 times the size of the typical Sarasota listing.

02Waterfront living

This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.

03Strong assigned schools

Brookside Middle School, Phillippi Shores Elementary School, Sarasota High School — Phillippi Shores Elementary School rates 5 of 5. Always verify assignments with the district.

Listing courtesy of THE STUTZMAN REALTY GROUP, LLC · Faith Stutzman. MLS #A4693315.

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. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.

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