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Move-In ReadyNew Construction$165,000 price cut

1720 Alderman StreetNew Construction Home in Sarasota, FL

Sarasota, FL 34236 · Sarasota County

$1,695,000

$1,860,000

$683/sq ft

3 Beds4 Baths2,480 sq ft2-Car GarageBuilt 2024

Photos of 1720 Alderman Street

1720 Alderman Street, Sarasota, photo 1 of 301 / 30

Who is building this home?

This home is listed as built by Gulfside Homes, floor plan F. Builder quality, warranty responsiveness, and willingness to fix punch-list items vary enormously between companies in Tampa Bay.

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About this home

One or more photo(s) has been virtually staged. Discover Laurel on the Water — a rare waterfront enclave of seven canal-front townhomes at 1720 Alderman St, Sarasota. This newly constructed three-story residence with elevator blends striking contemporary design with effortless coastal living just blocks from downtown. Thoughtfully oriented to maximize light and water views, the home showcases expansive impact glazing, multiple balconies, and a dramatic waterfall-edge kitchen island with premium appliances and custom cabinetry. A versatile first-floor great room with a private entrance functions perfectly as an office, guest suite, or media space. The open plan flows seamlessly to outdoor living and water-facing vistas—ideal for entertaining or quiet relaxation. A private slip is available; the property sits off Hudson Bayou with direct access leading to Sarasota Bay for easy waterfront recreation (kayak, paddleboarding). Laurel on the Water delivers maintenance-free living with a resort-style pool, lush landscaping, and a spacious two-car garage for secure parking and storage. Live moments from Sarasota’s cultural core: the Ringling Museum, theaters, ballet and opera, and an exceptional dining scene featuring numerous Zagat-rated restaurants. Marina Jack, world-class beaches, including Siesta Key, are just minutes away, and multiple golf courses are within a short drive. 1720 Alderman St is more than a home—it's a refined waterfront lifestyle in one of Sarasota’s most coveted neighborhoods. Schedule your private showing today.

Home details and costs

MLS number
A4629855
Property type
Townhouse
Build stage
Move-In Ready
Builder
Gulfside Homes
Floor plan
F
Heated square feet
2,480 sq ft
Total under roof
3,154 sq ft
Stories
3+ Story
Lot size
0.26 acres
Subdivision
Laurel on the Water
HOA fee
No HOA
Annual property tax
$20,000 (current assessment)
Days on market
682 days

Heads up on that tax figure. On new construction, the number in the MLS is often the tax on the bare lot, not the finished home. Expect it to jump once the county reassesses with the house on it. How Florida reassesses new builds

What would this home actually cost per month?

Pre-filled with this listing's price and HOA. Adjust anything to match your situation.

Estimated monthly payment

$13,012

$169,500 down (10%) on a $1,525,500 loan

Principal and interest
$9,642
Property tax (estimated)
$2,468
Homeowners insurance
$267
PMI (under 20% down)
$636

CDD defaults to zero, and that is often wrong.Many Tampa Bay new-construction communities carry a Community Development District assessment of roughly $1,500 to $3,000 a year on top of HOA, and it is rarely included in a builder's payment estimate. Ask whether this address is in a CDD before you budget.

Estimates only. Actual taxes, insurance, and assessments vary by address and change year to year.

Get the real numbers on this home

What is negotiable on this home?

This listing shows real leverage signals. Here is what its own numbers say.

  • On the market 682 daysStrong signal

    Past six months on a finished home means the builder has been carrying taxes, insurance, and interest on it the whole time. That cost is real and it is why concessions get easier the longer a home sits.

  • Reduced $165,000 (9%)Strong signal

    Originally listed at $1,860,000. A builder that has already cut once has acknowledged the first number did not work. That is a different conversation than one who has never moved.

  • Finished and standingWorth knowing

    A completed home with a Certificate of Occupancy is inventory, not a future sale. Builders treat standing inventory very differently from a lot they have not broken ground on.

Where builders actually give

Rarely on the published base price. It sets the comp for every unsold home behind this one, and protecting it protects their appraisals. The real room is in closing cost credits, interest rate buydowns, and upgrades moved into the base. Asking for the right one in the right order is most of the job.

Ask Barrett what this builder will move on

Assigned schools

Elementary
Southside Elementary
Middle
Booker Middle
High
Sarasota High

School assignments come from the MLS and change. Confirm directly with the district before relying on them.

Virtual tour

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Other new construction homes in Sarasota

Listed by Exp Realty Llc. Listing data provided courtesy of Stellar MLS via Bridge Interactive. Information is deemed reliable but not guaranteed and is provided for consumers' personal, non-commercial use. 1720 Alderman Street, Sarasota, FL 34236 is presented by Barrett Henry, REMAX Collective. Prices, availability, and incentives change without notice.

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