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Overview

4 bd3 ba2,139 sqft2 car garageSingle Family
TypeSingle Family
HOA$618/qtr
Built2013
Lot5,040 sqft
Living area2,139 sqft
Price / sqft$241
Garage2 car

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About this home

Ceiling Fans(s)High CeilingsPrimary Bedroom Main FloorStone CountersThermostatWindow TreatmentsHurricane ShuttersDishwasher

8418 Nandina Dr is a 2013-built home in Palmer Lake A Rep, Sarasota. Inside you'll find 4 bedrooms, 3 bathrooms, and 2,139 square feet of living space. Listed at $515,000 (about $241/sqft), 109 days on market. Flood zone X500 - outside the FEMA high-risk areas, which keeps insurance manageable. HOA runs $618 quarterly.

From the listing

Virtually Staged. Positioned on a lake front homesite in Palmer Lake and built in 2013, this 4-bedroom, 2.5-bathroom residence offers 2,139 square feet of living space with a first-floor primary suite, recent interior updates, and a newly screened lanai overlooking the water. Recent improvements completed between 2025 and 2026 include all new kitchen appliances, a new washer and dryer, luxury vinyl plank flooring throughout the home, updated electrical fixtures, new ceiling fans, refreshed landscaping with new mulch, a new screened lanai, and fresh interior and exterior paint. The floor plan is designed for functionality with an open-concept kitchen, dining, and living area, a pantry closet, under-stair storage, a dedicated laundry room, and an additional first-floor half bath. The kitchen features granite countertops, a center island, and brand-new appliances. The primary suite is located on the main level and includes a spacious walk-in closet and en-suite bath. Upstairs, three additional bedrooms and a full bathroom provide flexible living arrangements. Additional features include dual HVAC systems, hurricane shutters, and a two-car garage. The screened lanai provides a covered outdoor living area with lake views, maintenance free living, and fencing is permitted within the community, subject to applicable community guidelines and approvals. Located east of Interstate 75, Palmer Lake offers convenient access to shopping, dining, area beaches, and regional commuting routes. This property combines recent updates, functional living space, and a waterfront setting in a well-positioned location.

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The essentials

Built
2013
Price / sqft
$241
On market
109 days
Annual tax
$4,985
HOA
$618/qtr
Flood zone
X500 · Low risk
Lot
5,040 sqft
Type
Single Family Residence

At a glance

Single family
Built 2013
Water views
Water
2 car garage
Driveway
5,040 sqft lot
Lot size
2,139 sqft
Living area

Payment

Est. monthly payment
$3,565/mo
Down payment (20%)
$103,000
Property taxes
$415/mo
HOA
$618/qtr
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Single Family Residence
Year Built
2013
Lot
5,040 sqft
Cooling
Central Air
Heating
Central
Parking
Driveway, Garage Door Opener, On Street
Days on Market
109
Ceiling Fans(s)
High Ceilings
Primary Bedroom Main Floor
Stone Counters
Thermostat
Window Treatments
Hurricane Shutters
Dishwasher
Dryer
Microwave
Range
Refrigerator
Washer
Elementary
Tatum Ridge Elementary
Middle
McIntosh Middle
High
Sarasota High

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

Flood Zone X500
Annual Tax (2025)
$4,985
Parcel #
0232020014

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
Palmer Lake A Rep
County
Sarasota
MLS Area
34240 - Sarasota
Lot Size
5,040 sqft
HOA
$618/qtr
Sunstate Property Management

Price history

Date
Event
Price
9/25/2026
Price change
Source: Stellar MLS #A4697149
$515,000-2.8%
$241/sqft
-
Price change
Source: Stellar MLS #A4697149
$530,000-2.8%
$248/sqft
6/23/2026
Listed for sale
Source: Stellar MLS #A4697149
$545,000
$255/sqft

Neighborhood

8418 Nandina Dr
Sarasota, FL, 34240 · 34240 - Sarasota

Market insights

Offer Insights

Choose an offer strength

List price: $515,000
$505,000 – $515,000
98.2% – 100% of listTops out right at the list price
80% of listList price
114 of the last 226 home closings in 34240 landed at this number or higher (50%). The median one sat 24 days before it went under contract, and this one is on day 109 after a $30,000 cut.

Sample: 226 closed home sales in 34240 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

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Calculator

Est. monthly payment
$3,565/mo
Principal & interest$2,686
Property taxes$415
Insurance$258
HOA$206
Down payment20% · $103,000
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

$515,000

$241 per sq ft

Beds and baths

4 beds, 3 baths

Size

2,139 sq ft

Time on market

109 days

Year built

2013

Monthly payment

About $3,565/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $4,985 annual tax bill, insurance, and the $618/qtr HOA fee.

HOA fee

$618/qtr

Managed by Sunstate Property Management.

Flood zone

Zone X500

That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.

Offer

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Brokered byLOYD ROBBINS & CO. LLCListing agent: Ali MarksListing data from Stellar MLS, MLS# A4697149.

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