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$515,000

8418 NANDINA DRIVE, SARASOTA, FL 34240

3D Tour
Active104 days on market

Beds

4

Baths

3

Sq Ft

2,139 sq ft

Year Built

2013

Lot Size

0.12 acres

Garage

2

About This Property

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.

Property Overview

Property TypeResidential
Sub TypeSingle Family Residence
MLS #A4697149
StatusActive
Year Built2013
Stories2
Total Rooms4
ConstructionBlock, Stone, Stucco, Wood Frame
RoofShingle
FoundationSlab
FacesWest
SubdivisionPALMER LAKE A REP
CountySarasota
OwnershipFee Simple

Interior Features

InteriorCeiling Fan(s), High Ceilings, Primary Bedroom Main Floor, Stone Counters, Thermostat, Window Treatments
FlooringCeramic Tile, Luxury Vinyl
AppliancesDishwasher, Dryer, Microwave, Range, Refrigerator, Washer
LaundryInside, Laundry Room
WindowsShutters, Window Treatments
CoolingCentral Air
HeatingCentral
SecuritySmoke Detector(s)

Exterior & Lot

ExteriorHurricane Shutters, Sliding Doors
Lot Size0.12 acres (5,040 sq ft)
Road SurfaceAsphalt, Paved
ViewWater
0

Utilities

WaterPublic
SewerPublic Sewer
UtilitiesCable Available, Electricity Connected, Public, Sewer Connected, Water Connected

Parking

GarageYes (2 spaces)

HOA & Community

HOAYes
HOA Fee$618 / Quarterly
Senior CommunityNo

Financial Details

List Price$515,000
Original Price$545,000
Annual Taxes$4,985 (2025)
FinancingCash, Conventional, FHA, VA Loan
ZoningRSF1
Parcel #0232020014

Schools

ElementaryTatum Ridge Elementary
MiddleMcIntosh Middle
HighSarasota High

Directions

Head East on Bee Ridge Rd, Go around all the traffic circles till you reach Lorraine Rd, At the Lorraine Rd traffic circle, take the 3rd exit onto Lorraine Rd, Turn left onto Palmer Blvd, Turn left onton Nandina Dr., Home will be on the left.

Location

8418 NANDINA DRIVE, SARASOTA, FL 34240

Listing Information

OfficeLOYD ROBBINS & CO. LLC
ListedJune 24, 2026

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Home Price

$515,000

20% ($103,000)
6.75%

Loan Term

Principal & Interest$2,672
Property Tax (est.)$472
Insurance (est.)$150
Total Monthly$3,294
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Nearby Schools

How to Buy This Home

Multiple financing options available for this $515,000 home in SARASOTA.

🏛️

FHA Loan

$18,025 Down

Government-backed, low down payment. Credit scores as low as 580.

🎖️

VA Loan

$0 Down

Zero down for eligible veterans, active duty, and military families.

🏦

Conventional

$25,750 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: October 4, 2026.

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