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About this home
12704 Lateral Root Dr is a 2021-built home in Promenade Estates Ph 1, Sarasota. Inside you'll find 4 bedrooms, 3 bathrooms, and 2,045 square feet of living space. Listed at $560,000 (about $274/sqft), 1 days on market. Flood zone X* - outside the FEMA high-risk areas, which keeps insurance manageable. HOA runs $269 monthly.
Welcome to 12704 Lateral Root Drive, a beautifully maintained 4-bedroom, 2.5-bath home offering 2,045 square feet of comfortable single-story living in the desirable Promenade Estates at Palmer Ranch. Built in 2021, this thoughtfully designed home combines an open, functional floor plan with modern finishes and plenty of space for everyday living and entertaining. The open-concept kitchen, dining and living areas create an inviting gathering space, while four bedrooms provide flexibility for family, guests, a home office or hobby space. One of the standout upgrades is the owner-extended lanai, which creates a significantly larger outdoor living and entertaining area complete with a full screened cage and paver flooring—the perfect setting for outdoor dining, relaxing or entertaining while enjoying Florida’s year-round lifestyle. A two-car garage provides additional storage and convenience, while the home’s Palmer Ranch location offers easy access to shopping, dining, recreation and some of Sarasota’s most popular Gulf Coast beaches. With its spacious floor plan, upgraded outdoor living area and desirable location, 12704 Lateral Root Drive offers an excellent opportunity to enjoy the Sarasota lifestyle.
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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.
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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
$560,000
$274 per sq ft
Beds and baths
4 beds, 3 baths
Size
2,045 sq ft
Time on market
3 days
Year built
2021
Monthly payment
About $3,932/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $5,549 annual tax bill, insurance, and the $269/mo HOA fee.
HOA fee
$269/mo
Managed by First Service Residential.
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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