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Overview

4 bd3 ba2,574 sqft2 car garageSingle Family
TypeSingle Family
HOA$12.5/mo
Built2026
Lot9,100 sqft
Living area2,574 sqft
Price / sqft$196
Garage2 car

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

New construction · 2026

Different rules apply when you buy new

Build snapshot

Build year
2026
Builder
Ask the team — not on MLS
Community
MAGNOLIA BAY
Type
Single Family Residence

True monthly carry

HOA
~$13/mo
CDD bond
Yes — typically $1,500–$3,500/yr
Builder incentives
Ask — change weekly

What we'll do for you on a new build

Builder contract redlines

Builder contracts favor the builder. We mark up the clauses you should push back on before you sign.

11-month inspection

Your 1-year warranty expires quietly. We book an independent inspection at month 11 — saves $5K+ on average in caught defects.

Verified incentives

We verify the current builder incentives every time we walk a community. Rate buy-downs, design-center credits, closing costs — all itemized.

CDD heads-up.This community is in a Community Development District — there's a separate annual bond payment ($1,500–$3,500 typical) on top of HOA that builders often roll into the mortgage statement. Worth knowing before you write an offer.

About this home

Tray Ceiling(s)Walk-in Closet(s)SidewalkDeed RestrictionsParkPoolDishwasherDisposal

121 Shady Edge Loop is a 2026-built home in Magnolia Bay, Nokomis. Inside you'll find 4 bedrooms, 3 bathrooms, and 2,574 square feet of living space. Listed at $505,000 (about $196/sqft), 93 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable. HOA runs $12.5 monthly.

From the listing

Under Construction. Brand new, energy-efficient home available by Aug 2026! The Prato floorplan features an open-concept floorplan with 5 bedrooms, 3 bathrooms and a 2-car garage. The first-floor flex room is perfect for a home office. Convenient second-floor laundry room. New energy-efficient move-in ready homes in Nokomis, FL include a washer, dryer, fridge, and whole home blinds, plus they can be closing-ready in 60 days or less–guaranteed. (You'll be reimbursed up to $5,000 in expenses related to delays we cause.) Have it all: Relax in your private primary suite, enjoy the covered back patio, and experience resort-style amenities, all with easy access to Venice and Sarasota. Each of our homes is built with innovative, energy-efficient features designed to help you enjoy more savings, better health, real comfort and peace of mind.

The essentials

Built
2026
Price / sqft
$196
On market
93 days
Annual tax
$1
HOA
$12.5/mo
Flood zone
X · Low risk
Lot
9,100 sqft
Type
Single Family Residence

At a glance

Single family
Built 2026
Community pool
Shared amenity
2 car garage
Garage Door Opener
9,100 sqft lot
Lot size
2,574 sqft
Living area

Payment

Est. monthly payment
$2,899/mo
Down payment (20%)
$101,000
Property taxes
$0/mo
HOA
$12.5/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Single Family Residence
Year Built
2026
Lot
9,100 sqft
Cooling
Central Air
Heating
Electric
Parking
Garage Door Opener
Days on Market
93
Tray Ceiling(s)
Walk-in Closet(s)
Sidewalk
Deed Restrictions
Park
Pool
Dishwasher
Disposal
Microwave
Range
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.

In a CDD (Community Development District) Flood Zone X
Annual Tax (2026)
$1
Parcel #
0362010137

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
Magnolia Bay
County
Sarasota
MLS Area
34275 - Nokomis/North Venice
Lot Size
9,100 sqft
HOA
$12.5/mo
Home River Group - Tampa

Price history

Date
Event
Price
8/18/2026
Price change
Source: Stellar MLS #TB8527471
$505,000+1.0%
$196/sqft
7/10/2026
Listed for sale
Source: Stellar MLS #TB8527471
$500,000
$194/sqft

Neighborhood

121 Shady Edge Loop
Nokomis, FL, 34275 · 34275 - Nokomis/North Venice

Market insights

Offer Insights

Choose an offer strength

List price: $505,000
$490,000 – $505,000
97.1% – 100% of listTops out right at the list price
80% of listList price
169 of the last 334 home closings in 34275 landed at this number or higher (51%). The median one sat 39 days before it went under contract, and this one is on day 93.

Sample: 334 closed home sales in 34275 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

Talk through an offer with our team

Calculator

Est. monthly payment
$2,899/mo
Principal & interest$2,634
Property taxes$0
Insurance$253
HOA$13
Down payment20% · $101,000
Interest rate6.80%
Loan term

Not sure what you can afford?

Put in your household income and we will tell you where this payment sits.

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

$505,000

$196 per sq ft

Beds and baths

4 beds, 3 baths

Size

2,574 sq ft

Time on market

93 days

Year built

2026

Monthly payment

About $2,899/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $1 annual tax bill, insurance, and the $12.5/mo HOA fee.

HOA fee

$12.5/mo

Managed by Home River Group - Tampa.

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 byMERITAGE HOMES OF FL REALTYListing agent: Bryan SumnerListing data from Stellar MLS, MLS# TB8527471.

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