Terrace Gardens Real Estate

Terrace Gardens Real Estate

Welcome to Terrace Gardens, a hidden gem nestled in the heart of Mid Town Sarasota, Florida. This charming subdivision offers a perfect blend of tranquility and convenience, making it an ideal destination for families, retirees, and anyone looking to enjoy the vibrant lifestyle that Sarasota has to offer.

Terrace Gardens is characterized by its lush landscapes, tree-lined streets, and a warm, welcoming community atmosphere. The homes here boast a variety of architectural styles, each with its unique charm, ensuring that there’s something for everyone. Residents enjoy spacious yards and well-maintained gardens, providing a serene retreat right at their doorstep.

One of the standout features of Terrace Gardens is its prime location. Just a stone's throw away, you’ll find an array of shopping, dining, and entertainment options. Whether you’re in the mood for a casual bite at a local café or a night out at one of Sarasota's renowned restaurants, everything you need is within easy reach. Additionally, the beautiful beaches of the Gulf Coast are just a short drive away, offering endless opportunities for sun-soaked days and sunset strolls by the water.

Families will appreciate the proximity to top-rated schools and parks, making it easy to enjoy outdoor activities and community events. With its friendly neighbors and sense of community, Terrace Gardens is more than just a place to live; it’s a place to thrive.

Discover the allure of Terrace Gardens, where comfort meets convenience in the heart of Mid Town Sarasota. Your dream home awaits!

Newest Listings in Terrace Gardens

Terrace Gardens SubDv. ⋅ 34237 Zip Code

BUILD YOUR DREAM HOME STEPS FROM PAYNE PARK & THE LEGACY TRAILLocated at 336 S Lime Avenue in Sarasota, this 10,765-square-foot corner lot offers an exceptional opportunity to build your dream home in one of Sarasota’s most connected locations. Whether you envision a spacious one-story home with approximately 2,900 square feet, a pool, and even a private pickleball court, or a larger two-story residence with an expansive yard, this property provides the flexibility to bring your vision to life.What makes this homesite truly special is its location. Just one house away, a pedestrian pathway provides direct access to both Payne Park and The Legacy Trail. In less than a minute, you can walk from your future front door to Payne Park’s playground, nature loop, fitness areas, skate park, tennis and pickleball courts, open green space, restaurant, and the future home of The Sarasota Players Theatre.The same pathway connects directly to The Legacy Trail, offering miles of paved pathways for walking, running, biking, and rollerblading. Few properties offer the convenience of having both a major city park and one of Sarasota’s most popular recreational trails practically outside your front door.Situated in the heart of Sarasota, you’ll also enjoy easy access to downtown dining, shopping, entertainment, cultural attractions, Marina Jack, Bayfront Park, and Sarasota’s beautiful waterfront. The free Bay Runner trolley is only a short distance away, providing convenient transportation throughout downtown and to Lido Key Beach.This lot is ready for its next chapter. The property has been professionally soil tested and evaluated, helping simplify the building process. Preliminary plans have already been created and are included with the sale. These plans illustrate a thoughtfully designed single-story home and demonstrate just one of the many possibilities for the property. Buyers may choose to utilize the existing plans or create a completely custom design tailored to their own lifestyle.With its generous size, prime corner location, direct park and trail access, and proximity to downtown Sarasota, 336 N Lime Avenue presents a unique opportunity to create something truly special.Don’t miss the chance to build your dream home where Sarasota’s outdoor recreation, cultural attractions, and downtown lifestyle all come together.

336 Lime Avenue, Sarasota

4 Beds ⋅ 3 Baths ⋅ Terrace Gardens SubDv. ⋅ 34237 Zip Code

Welcome to this exceptional ONE-STORY, NEWER CONSTRUCTION, 4 Bedroom, 3 Bath home featuring a Saltwater Pool, Lanai, Outdoor Kitchen and oversized 2 Car Garage. Offering over 2500 square feet of luxurious living space, this home is perfect for entertaining and enjoying the ultimate Florida lifestyle. Located in FLOOD ZONE X and just minutes to Downtown Sarasota, this custom-built home boasts all BLOCK construction, a metal roof, maintenance-free aluminum soffits and fascia, Impact Rated Windows, Doors and Sliders, a tankless water heater and a professionally designed custom landscaping package. Interior features have been thoughtfully designed and include 12 ft 8-inch ceilings in the Great Room and Kitchen, 8 ft solid core doors and engineered hardwood floors throughout the home. The well-appointed kitchen is sure to please the most discerning chef with custom wood Shaker Cabinets, an oversized island, Quartz countertops, Z-Line Appliances, double oven, an induction range with custom hood and includes a convenient Dry Bar with floating wood-stained shelves and a wine refrigerator. The Primary Suite is a sanctuary and exudes elegance with tray ceilings, a custom design wall featuring detailed trim work and sliding glass doors providing private access to the outdoor pool and patio oasis. Primary Bath delights with a freestanding soaking tub, an oversized shower with rain head, a makeup vanity and Quartz countertops. Entertain with style in the Great Room complete with fireplace, 50-inch oversized chandelier and wall to wall 8 ft pocketing sliding glass doors opening to the Lanai and Saltwater Pool. 3 additional bedrooms, one featuring a decorative custom accent wall perfect for an office/flex room, are all generously sized with built-in closets. The Laundry Room includes a custom tile floor, built-in cabinets, Quartz countertops and a Samsung Smart washer and dryer. Easy access to Downtown, the Legacy Trail, Payne Park, Sarasota Memorial Hospital, Siesta Key and all area beaches makes this Move-In Ready home a must see! Embrace Sarasota living at its finest!

201 S Shade Avenue, Sarasota

5 Beds ⋅ 6 Baths ⋅ Terrace Gardens SubDv. ⋅ 34237 Zip Code

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.

440 S Lime Avenue, Sarasota

3 Beds ⋅ 2 Baths ⋅ Terrace Gardens SubDv. ⋅ 34237 Zip Code

Charming 1950s Florida Ranch-Style Home with Separate One-Bedroom Apartment in Sought-After Terrace Gardens! Don’t miss this rare opportunity to own a classic mid-century Florida ranch home in the desirable Terrace Gardens community. Situated on an expansive corner lot, this single-family residence offers exceptional flexibility, income potential, and future development possibilities. The main home features 2 bedrooms and 1 bath, showcasing original wood floors in the bedrooms, generously sized closets, and a delightful lanai-style sitting room perfect for relaxing. A beautifully carved-out one-bedroom, one-bath apartment provides a private space ideal for guests, extended family, or rental income—both units are currently rented. Whether you're looking to generate income immediately or envision building your dream home in a neighborhood filled with new construction, this property offers endless possibilities. Enjoy the unbeatable location: bike the nearby Legacy Trail, explore downtown’s vibrant restaurants and cultural scene, play at Payne Park, or spend the day at the beach—all just minutes away.

2415 Pelican Drive, Sarasota

4 Beds ⋅ 3 Baths ⋅ Terrace Gardens SubDv. ⋅ 34237 Zip Code

Introducing THE RETREAT, a stunning two-story residence. FOUR (4) bedroom, THREE (3) bath. Paver driveway, 3 CAR GARAGE, LVP flooring. Home has been professionally staged. Pool size is 12 x 26 , leaving plenty of green space for pets in the backyard! Back yard fence will fully enclose the back yard with gates on both sides of the home. This exceptional new build boasts superior block construction, a durable metal roof, impact-resistant windows, doors, and sliders. Inside is a thoughtfully designed open floor plan, featuring soaring 10-foot ceilings and elegant 8-foot solid core doors that enhance the home’s impressiveness. The gourmet kitchen is complete with a 6-foot island, luxurious quartz countertops, custom shaker cabinetry, and a top-of-the-line appliance package, perfect for both daily meals and entertaining. The primary bedroom, located on the main level, is a serene retreat with stunning tray ceilings, large his/her walk-in closets, double vanity, and a spacious walk-in shower. Bedroom #2, also on the first floor, is versatile and can serve as an additional bedroom or a home office. Upstairs, you'll find two more generously sized bedrooms that share a beautifully appointed full bathroom. The home’s detailed interior is complemented by luxury vinyl plank flooring throughout both levels, providing durability and style. Outdoors, a gas-heated saltwater pool and paver deck creates the ideal setting for relaxation and entertainment. Conveniently located with easy access to downtown Sarasota, the Legacy Trail, Payne Park, Sarasota Memorial Hospital, and the world-renowned beaches of Longboat and Siesta Keys, this home offers the perfect blend of luxury, comfort, and convenience for modern family living. Experience elevated living at its finest in "your RETREAT"!

217 S Shade Avenue, Sarasota

5 Beds ⋅ 3 Baths ⋅ Terrace Gardens SubDv. ⋅ 34237 Zip Code

Pre-Construction. To be built. A custom ranch home with a high pitched metal roof and attached guest house on a 12,000 sq ft fully fenced lot on a quiet cul-de-sac, close to Sarasota downtown restaurants, shops and the Legacy Trail, an 18 1/2 mile recreational trail connecting Sarasota and the city of Venice. The trail is popoular for biking, walking and running with amenities like restrooms, playgrounds and bike repair stations. A short walk to Payne Park and the free Bay Runner trolly service that connects downtown, St. Armands Circle and Lido Beach. The home has an open floor plan with ceilings that tray up to 11'4". Sliding glass doors brining in the morning sunlight and overlooking the pool and extensive covered outdoor living space with grill area. The main house has 3 bedrooms, 2 full baths, foyer, dining room and great room. The fabulous kitchen with Viking appliancaes, custom cabinets, a large island, quartize countertops, walk-in pantry with a sink. Laundry room with washer, dryer and sink along with built in storage for hanging clothes. 2 Instant Hot water hearters (one in guest house). The attahed guest house has a living room, kitchenette, 2 bedroms, full bathroomm with 10'8" ceilings throghout and laundry with washer and dryer. and sliding glass doors overlooking the heated pool. there is also an outdoor shower.. The attached oversized 2 car garage with sink and EV charging station

263 Lime Circle, Sarasota

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Mikel Chaffee

Mike understands that buying and selling your home is one of, if not the biggest, financial decisions you will make. He knows first-hand the unparalleled value of hard work, dedication and exemplary service. With 13 homes sold in 2025 alone, putting him in the top percentile across the nation. Mike often works with his mom, Debi Chaffee Rose, as a mother-son team. Clients love their collaborative work and combined focus. Mike has a degree in management and operations, and for a number of years held his PGA Golf Certification. This experience gives him an intimate knowledge of many diverse golf and country club communities that make up the Florida lifestyle. 13 Years licensed as a Realtor, he is ready to put his experience to work, for you in any facet. Mike spends his free time with his beautiful wife Meghan, and their 4 Kids here in the town he was raised in, Bradenton Florida. They enjoy going and exploring the sunshine state together as a family.

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