Overview
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About this home
12760 Lateral Root Dr is a 2023-built home in Promenade Estates Ph II, Sarasota. Inside you'll find 5 bedrooms, 3 bathrooms, and 2,631 square feet of living space. Listed at $670,000 (about $255/sqft), 41 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable. HOA runs $188 monthly.
5 Bedroom - 3 Bathroom home in the heart of Palmer Ranch. Palmer Ranch is centrally located in Sarasota, really in the heart of everything. Siesta Key beach is about 8 miles away, downtown Sarasota is roughly 12 miles, and shopping, dining, and everyday essentials are all right there in the surrounding area. The SRQ airport runs about 23 miles. It's one of those locations that just makes daily life easier, without residents really having to think about it. Freshly painted, new enclosed patio and outside barbeque area.
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The essentials
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Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
Price history
Neighborhood
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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
$670,000
$255 per sq ft
Beds and baths
5 beds, 3 baths
Size
2,631 sq ft
Time on market
72 days
Year built
2023
Monthly payment
About $4,537/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $6,237 annual tax bill, insurance, and the $188/mo HOA fee.
HOA fee
$188/mo
Managed by Promenade Estates.
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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