Active
$2,250,000
Est. $13,361/mo

440 S Lime Ave, Sarasota, FL, 34237

$655/sqft·Terrace Gardens B

5 bd6 ba3,434 sqft3 car garageSingle Family
Listed by COLDWELL BANKER REALTY· Last updated · MLS# A4666533

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Est. monthly payment
$13,361/mo
Down payment (20%)
$450,000
Property taxes
$501/mo
Rate assumed
6.8% · 30 yr
View full breakdown

At a glance

Single family
Built 2026
Private pool
In Ground
3 car garage
0.28 acres
Lot size
3,434 sqft
Living area

New construction · 2026

Different rules apply when you buy new

Build snapshot

Build year
2026
Builder
Ask the team — not on MLS
Community
TERRACE GARDENS B
Type
Single Family Residence

True monthly carry

HOA
None / TBD
CDD bond
No CDD disclosed
Builder incentives
Ask — change weekly

What we'll do for you on a new build

Builder contract redlines

Builder contracts favor the builder. We mark up the clauses you should push back on before you sign.

11-month inspection

Your 1-year warranty expires quietly. We book an independent inspection at month 11 — saves $5K+ on average in caught defects.

Verified incentives

We verify the current builder incentives every time we walk a community. Rate buy-downs, design-center credits, closing costs — all itemized.

About this home

Built-in FeaturesOpen FloorplanPrimary Bedroom Main FloorSidewalkSliding DoorsDishwasherDisposalDryer

440 S Lime Ave is a 2026-built home in Terrace Gardens B, Sarasota. Inside you'll find 5 bedrooms, 6 bathrooms, and 3,434 square feet of living space. Listed at $2,250,000 (about $655/sqft), 258 days on market. Flood zone X500 - outside the FEMA high-risk areas, which keeps insurance manageable.

From the listing

Pre-Construction. To be built. Welcome to this stunning 3,434 sq. ft. single-story residence, where modern luxury meets timeless Italian craftsmanship. Ideally located within Sarasota city limits, this property qualifies for weekly rentals—a rare and highly desirable feature that opens the door to significant income opportunities in one of the area’s most sought-after vacation rental markets. This 5-bedroom, 5.5-bathroom residence is designed with both style and functionality in mind. Showcasing imported Italian fixtures, custom cabinetry, and premium flooring throughout, every detail reflects Milano Homes’ signature quality and sophistication. The expansive open-concept kitchen and living area are perfect for entertaining, while floor-to-ceiling hurricane-rated windows and sliding glass doors bathe the space in natural light and create a seamless connection to the outdoors. Step outside to your private retreat featuring a sparkling pool, sun-soaked deck, and ample space for relaxation or entertaining under the Florida sky. Perfectly positioned just minutes from downtown Sarasota, residents and guests will enjoy easy access to boutique shopping, fine dining, award-winning beaches, the scenic Legacy Trail, and local parks with tennis and pickleball courts. Whether you’re looking for a full-time residence, seasonal escape, or an income-producing short-term rental, this home offers a rare opportunity to enjoy the Sarasota lifestyle while capitalizing on high-demand weekly rental potential. Work hand-in-hand with the dedicated Milano Homes professionals to personalize this custom residence, creating a one-of-a-kind dream home tailored just for you.

The essentials

Built
2026
Price / sqft
$655
On market
342 days
Annual tax
$6,011
Flood zone
X500 · Low risk
Lot
12,029 sqft
Type
Single Family Residence

Location

440 S Lime Ave
Sarasota, FL, 34237·34237 - Sarasota
Type
Single Family Residence
Year Built
2026
Lot
12,029 sqft
Cooling
Central Air
Heating
Central
Parking
-
Pool
In Ground
Days on Market
342
Built-in Features
Open Floorplan
Primary Bedroom Main Floor
Sidewalk
Sliding Doors
Dishwasher
Disposal
Dryer
Refrigerator
Washer

Elementary

Alta Vista Elementary

Middle

Brookside Middle

High

Sarasota High

Districts can re-zone, so verify directly with the district before relying on these.

Flood Zone X500

Annual Tax (2023)

$6,011

Parcel #

2029140036

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision

Terrace Gardens B

County

Sarasota

MLS Area

34237 - Sarasota

Lot Size

12,029 sqft

Date
Event
Price
10/4/2025
Listed for sale
Source: Stellar MLS #A4666533
$2,250,000
$655/sqft
Est. monthly payment$13,361/mo
Principal & interest$11,735
Property taxes$501
Insurance$1,125
Down payment20% · $450,000
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Offer Insights

Choose an offer strength

List price: $2,250,000
$2.18M – $2.25M
96.8% – 100% of listTops out right at the list price
80% of listList price
24 of the last 46 home closings in 34237 landed at this number or higher (52%). The median one sat 46 days before it went under contract, and this one is on day 342.

Sample: 46 closed home sales in 34237 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

Talk through an offer with our team

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