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3638 San Remo Terrace

Updated Feb 13, 2026

Myron Robbins Of Buffalo Management Group Purchases Sarasota Home From Stu Cook For $7.5M
SOLDSingle Family

Myron Robbins Of Buffalo Management Group Purchases Sarasota Home From Stu Cook For $7.5M

3638 San Remo Terrace

$7,500,000

$1,645/SF

Building Size

4,559 SF

Asset Type

Single Family

Closing

Jan 30, 2026

About this deal

AI

The transaction involved a single-family home sold for $7,500,000. The property is located at 3638 San Remo Terrace in the Sarasota market, encompasses 4,559 square feet, and sits on a 0.36-acre lot.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $7,500,000
  • Square Footage: 4,559 SF
  • Price Per Square Foot: $1,645
  • Buyer: Myron Robbins - Buffalo Management Group
  • Seller: Stu Cook
  • Buyer's Representative: Adnan Dedic - Compass
  • Seller's Representative: Joel Schemmel - Douglas Elliman

Stu Cook, known as the bassist for Creedence Clearwater Revival, sold the property, which had been extensively renovated in 2016. The modern four-bedroom, 4.5-bath home includes features such as water views, a chef’s kitchen, a gym, an elevator, a Zen garden, a pool with spa, and a boat dock with lift.

Players

Joel Schemmel

Sotheby's International Realty

Broker

$15.3M

vol

3 deals

Broker

Sarasota Single Family Market Snapshot

Boundary boundary · Single Family · Sale transactions

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Deal FAQ

About $1.6K per square foot on a published $7.5M for 4,559 square feet (2026).

Visit Joel Schemmel to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.12%

Cash-on-Cash

-0.60%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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