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Overview

3 bd2 ba1,918 sqft2 car garageSingle Family
TypeSingle Family
HOA$1,560/qtr
Built2022
Lot6,534 sqft
Living area1,918 sqft
Price / sqft$373
Garage2 car

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Pricing, comps, HOA, the neighborhood. Answers before you fill out anything.

About this home

Ceiling Fans(s)Crown MoldingOpen FloorplanPrimary Bedroom Main FloorSolid Surface CountersSolid Wood CabinetsSplit BedroomThermostat

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.

From the listing

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.

The essentials

Built
2022
Price / sqft
$373
On market
327 days
Annual tax
$6,987
HOA
$1,560/qtr
Flood zone
X · Low risk
Lot
6,534 sqft
Type
Single Family Residence

At a glance

Single family
Built 2022
Waterfront
Lake Front
Community pool
Fitness center too
2 car garage
Driveway
6,534 sqft lot
Lot size

Payment

Est. monthly payment
$5,189/mo
Down payment (20%)
$143,000
Property taxes
$582/mo
HOA
$1,560/qtr
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Single Family Residence
Year Built
2022
Lot
6,534 sqft
Cooling
Central Air
Heating
Central, Electric, Natural Gas, Solar
Parking
Driveway, Garage Door Opener
Waterfront
Lake Front
Days on Market
327
Ceiling Fans(s)
Crown Molding
Open Floorplan
Primary Bedroom Main Floor
Solid Surface Counters
Solid Wood Cabinets
Split Bedroom
Thermostat
Walk-in Closet(s)
Garden
Hurricane Shutters
Lighting
Rain Gutters
Sidewalk
Association Recreation - Owned
Buyer Approval Required
Clubhouse
Community Mailbox
Deed Restrictions
Dog Park
Fitness Center
Gated Community - No Guard
Golf Carts OK
No Truck/Rv/Motorcycle Parking
Pool
Restaurant
Sidewalks
Tennis Court(s)
Street Lights
Convection Oven
Dishwasher
Disposal
Dryer
Microwave
Range
Refrigerator
Tankless Water Heater
Washer
Elementary
Laurel Nokomis Elementary
Middle
Laurel Nokomis Middle
High
Venice Senior High

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

Homestead exemption on file Flood Zone X
Annual Tax (2024)
$6,987
Parcel #
0138110363

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
Esplanade On Palmer Ranch
County
Sarasota
MLS Area
34238 - Sarasota/Sarasota Square
Lot Size
6,534 sqft
Cul-De-SacLandscapedSidewalk
HOA
$1,560/qtr
Taylor Young

Price history

Date
Event
Price
9/18/2026
Price change
Source: Stellar MLS #A4672385
$715,000-1.4%
$373/sqft
-
Price change
Source: Stellar MLS #A4672385
$725,000-6.5%
$378/sqft
11/17/2025
Listed for sale
Source: Stellar MLS #A4672385
$775,000
$404/sqft

Neighborhood

5451 Lago Maggio St
Sarasota, FL, 34238 · 34238 - Sarasota/Sarasota Square

Market insights

Offer Insights

Choose an offer strength

List price: $715,000
$695,000 – $715,000
97.1% – 100% of listTops out right at the list price
80% of listList price
85 of the last 169 home closings in 34238 landed at this number or higher (50%). The median one sat 38 days before it went under contract, and this one is on day 327 after a $60,000 cut.

Sample: 169 closed home sales in 34238 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

Talk through an offer with our team

Calculator

Est. monthly payment
$5,189/mo
Principal & interest$3,729
Property taxes$582
Insurance$358
HOA$520
Down payment20% · $143,000
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%. 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.

Offer

What should I offer?

Have another question?

Brokered byMICHAEL SAUNDERS & COMPANYListing agent: Philip Pisano, IIIListing data from Stellar MLS, MLS# A4672385.

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