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$715,000

5451 LAGO MAGGIO STREET, SARASOTA, FL 34238

3D Tour
Active234 days on market

Beds

3

Baths

2

Sq Ft

1,918 sq ft

Year Built

2022

Lot Size

0.15 acres

Garage

2

About This Property

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.

Property Overview

Property TypeResidential
Sub TypeSingle Family Residence
MLS #A4672385
StatusActive
Year Built2022
Stories1
Total Rooms7
ConstructionBlock, Stucco
RoofTile
FoundationSlab
FacesNorth
SubdivisionESPLANADE ON PALMER RANCH
CountySarasota
OwnershipFee Simple
FurnishedNegotiable

Interior Features

InteriorCeiling Fan(s), Crown Molding, Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Thermostat, Walk-In Closet(s)
FlooringCarpet, Ceramic Tile, Hardwood
AppliancesConvection Oven, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Tankless Water Heater, Washer
LaundryLaundry Room
WindowsBlinds, Display Window(s), Double Pane Windows, Solar Screens
CoolingCentral Air
HeatingCentral, Electric, Natural Gas, Solar
SecurityGated Community, Smoke Detector(s)

Exterior & Lot

ExteriorGarden, Hurricane Shutters, Irrigation System, Lighting, Rain Gutters, Sidewalk
Lot Size0.15 acres (6,534 sq ft)
Lot FeaturesCul-De-Sac, Landscaped, Sidewalk
Road SurfacePaved
ViewWater
0

Waterfront

WaterfrontYes
FeaturesLake Front

Utilities

WaterPublic
SewerPublic Sewer
UtilitiesCable Connected, Electricity Connected, Fire Hydrant, Natural Gas Connected, Sewer Connected, Solar, Street Lights, Underground Utilities, Water Connected

Parking

GarageYes (2 spaces)

HOA & Community

HOAYes
HOA Fee$1,560 / Quarterly
Senior CommunityNo

Financial Details

List Price$715,000
Original Price$775,000
Annual Taxes$6,987 (2024)
FinancingCash, Conventional
ZoningRSF1
Parcel #0138110363

Schools

ElementaryLaurel Nokomis Elementary
MiddleLaurel Nokomis Middle
HighVenice Senior High

Directions

From Clark Road, go south on Honore Avenue past 2nd roundabout. Community is on the right side. Take your 2nd gate entrance, you will need a code to enter (listing agent will provide the code), go thru gate to left on Lago Maggio Street (1st St), home is 8th house on the right. No sign.

Location

5451 LAGO MAGGIO STREET, SARASOTA, FL 34238

Listing Information

OfficeMICHAEL SAUNDERS & COMPANY
ListedNovember 17, 2025

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Home Price

$715,000

20% ($143,000)
6.75%

Loan Term

Principal & Interest$3,710
Property Tax (est.)$655
Insurance (est.)$150
Total Monthly$4,515
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Nearby Schools

How to Buy This Home

Multiple financing options available for this $715,000 home in SARASOTA.

🏦

Conventional

$35,750 Down

Traditional financing. As low as 3-5% down with good credit.

Florida Down Payment Assistance Programs

You may qualify for up to $35,000 in assistance to cover your down payment and closing costs.

Florida Hometown Heroes

Up to $35,000

First-time buyers working in FL

FL Assist

Up to $10,000

FHA, VA, or USDA borrowers

FL HLP Second Mortgage

Up to $10,000

First-time buyers, 0% deferred

Sarasota County SHIP

Varies

Income-qualifying Sarasota residents

Can You Afford This Home?

Quick check based on the 28% debt-to-income rule. Not a guarantee — just a starting point.

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Listing information is deemed reliable but not guaranteed. All measurements and data should be independently verified. This information is provided by the Stellar MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: September 18, 2026.

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