7007 Point of Rocks RoadNew Construction Home in Sarasota, FL
Sarasota, FL 34242 · Sarasota County
$8,000,000
$1601/sq ft
Photos of 7007 Point of Rocks Road
1 / 30Who is building this home?
This home is listed as built by EBG. Builder quality, warranty responsiveness, and willingness to fix punch-list items vary enormously between companies in Tampa Bay.
Compare Tampa Bay builder scorecards →About this home
Investor's Dream - Short term rentals allowed here at this amazing Siesta Key home. Designed specifically to cater to large groups, this brand new home comes fully furnished and ready to produce an impressive income. Just steps away from Siesta Key's public beach access onto Crescent Beach, all the boxes are checked here. 8 bedrooms, all en suite with 8 bathrooms and a powder room too. Amazing resort style pool & spa boasting a rain/waterfall feature and impressive outdoor living. Luxury finishes are seen throughout such as an elevator, high end appliances, solid wood cabinetry, stone surfaces, bar, oversized island, and more!
Home details and costs
- MLS number
- A4635010
- Property type
- Single Family Residence
- Build stage
- Move-In Ready
- Builder
- EBG
- Heated square feet
- 4,997 sq ft
- Total under roof
- 6,469 sq ft
- Stories
- 3+ Story
- Lot size
- 0.21 acres
- Subdivision
- Point O Rocks Terrace Add
- HOA fee
- No HOA
- Annual property tax
- $10,665 (current assessment)
- Days on market
- 607 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
$60,701
$800,000 down (10%) on a $7,200,000 loan
- Principal and interest
- $45,509
- Property tax (estimated)
- $11,925
- Homeowners insurance
- $267
- PMI (under 20% down)
- $3,000
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.
The tax figure in the MLS looks like a bare-lot assessment. It lists $10,665 a year, while taxing this purchase price works out closer to $143,100. On new construction the county reassesses once the house is finished, so budget from the higher number.
Estimates only. Actual taxes, insurance, and assessments vary by address and change year to year.
Get the real numbers on this homeWhat is negotiable on this home?
This listing shows real leverage signals. Here is what its own numbers say.
On the market 607 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.
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.
Virtual tour
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Listed by Own Srq 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. 7007 Point of Rocks Road, Sarasota, FL 34242 is presented by Barrett Henry, REMAX Collective. Prices, availability, and incentives change without notice.