2629 Waterfront CircleNew Construction Home in Sarasota, FL

Who is building this home?

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

About this home

**Rare Never-Occupied Lakefront Selby in Monterey at Lakewood Ranch** Experience a rare ready-now opportunity in Monterey at Lakewood Ranch with this never-occupied Toll Brothers Selby. This 4-bedroom, 3.5-bath Transitional-style residence offers the appeal of new construction without the current build wait. Set on a premium lakefront homesite with no neighbor directly behind, the home offers a peaceful waterfront backdrop and a greater sense of privacy than many traditional homesites. For buyers seeking immediate ownership in Monterey, this property presents a compelling opportunity in a community where no quick move-in homes are currently available. The Selby floor plan was designed for beauty, function, and sophistication, with the refined flow luxury buyers expect. A grand foyer creates a memorable first impression and leads into an open great room designed for gathering, natural light, and everyday comfort. The kitchen overlooks the casual dining area and great room, creating a central living space that feels equally suited for entertaining, hosting guests, or enjoying quiet evenings at home. A large center island, generous cabinet and counter space, and walk-in pantry further enhance the kitchen’s livability. The primary suite offers a private retreat with dual walk-in closets and a relaxing bath featuring dual sinks, a luxe shower, linen storage, and a private water closet. Two secondary bedrooms include roomy closets and share a hall bath, while an additional secondary bedroom features a walk-in closet and private bath, creating excellent flexibility for guests, family, or work-from-home needs. The covered lanai extends the home’s living space outdoors and is accessed from the great room through multi-slide doors, allowing the lakefront setting to become part of daily living. Premium selections include an alternate kitchen layout, epoxy-coated garage floor, whole-house gutters, spray foam insulation, masonry core foam insulation package, pool prep package, and outdoor kitchen prep package. Monterey at Lakewood Ranch is a private gated Toll Brothers community designed around luxury homes, natural Florida ponds and lakes, and an elevated amenity lifestyle. Future community amenities are planned to include a resort-style pool, tennis courts, pickleball courts, fitness center, walking trails, dog park, open green space, and more. Located within the highly regarded Lakewood Ranch area, Monterey offers access to the broader lifestyle the region is known for, including nearby dining, shopping, recreation, events, golf, polo, and Gulf Coast beaches. For the buyer who wants a never-occupied Toll Brothers home, lakefront setting, no rear neighbor, documented upgrades, and the ability to move without waiting for a future build, this Selby residence is an exceptional opportunity in Monterey at Lakewood Ranch.

Home details and costs

MLS number

A4696784

Property type

Single Family Residence

Build stage

Move-In Ready

Builder

Toll Brothers

Floor plan

Selby

Heated square feet

2,828 sq ft

Total under roof

4,063 sq ft

Stories

1 Story

Lot size

0.23 acres

Subdivision

Monterey/lakewood Ranch

HOA fee

$1,055.25/quarter

Annual property tax

$3,070 (current assessment)

Days on market

106 days

What would this home actually cost per month?

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

Principal and interest

$6,650

Property tax (estimated)

$1,679

Homeowners insurance

$267

HOA

$352

PMI (under 20% down)

$438

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

What is negotiable on this home?

Here is what this listing's numbers say about the builder's position.

• On the market 106 daysWorth knowing

  Past the 90-day mark is where most builders start getting more flexible on concessions, even while holding the published price.

• Reduced $30,000 (3%)Worth knowing

  Originally listed at $1,199,000. 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.

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