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About this home
5451 Lago Maggio St is a 2022-built home in Esplanade On Palmer Ranch, Sarasota. Inside you'll find 3 bedrooms, 2 bathrooms, and 1,918 square feet of living space. Listed at $715,000 (about $373/sqft), 327 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable. HOA runs $1,560 quarterly.
Experience waterfront living at its finest in this pristine Arezzo floor plan featuring 3 bedrooms, 2 baths, and a versatile den, all enhanced by an extended lanai showcasing breathtaking, unobstructed water views from a premium southern-exposure lot. Nestled within the gated Esplanade on Palmer Ranch community, this meticulously maintained home offers an efficient open floor plan with modern kitchen appointments including white maple cabinets, quartz countertops, and gas cooking, while solar panels with battery storage keep electric bills averaging just $35 monthly. The property features extensive custom landscaping, remote-controlled hurricane screens, whole house water filtration, and numerous premium upgrades throughout. Beyond the home itself, residents enjoy an exceptional resort-style lifestyle with state-of-the-art fitness center, wellness services, resort-style pool and spa, pickleball, tennis, bocce courts, dog parks, walking paths with private Legacy Bike Trail access, and the exclusive Bahama Bar offering restaurant and full-service bar—all within a vibrant community offering a full calendar of activities and social opportunities. This is more than a home—it's your gateway to the waterfront lifestyle you've been dreaming of. Remote Controlled Hurricane screens/ shutters, Solar power system with battery storage.
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The essentials
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Districts can re-zone, so verify directly with the district before relying on these.
Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. HOA is the fee reported on the listing. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.
Quick answers.
Price
$715,000
$373 per sq ft
Beds and baths
3 beds, 2 baths
Size
1,918 sq ft
Time on market
327 days
Year built
2022
Monthly payment
About $5,189/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $6,987 annual tax bill, insurance, and the $1,560/qtr HOA fee.
HOA fee
$1,560/qtr
Managed by Taylor Young.
Flood zone
Zone X
That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.
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