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$670,000

12760 LATERAL ROOT DRIVE, SARASOTA, FL 34238

3D Tour
Active67 days on market

Beds

5

Baths

3

Sq Ft

2,631 sq ft

Year Built

2023

Lot Size

0.15 acres

Garage

2

About This Property

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.

Property Overview

Property TypeResidential
Sub TypeSingle Family Residence
MLS #A4701716
StatusActive
Year Built2023
Stories2
Total Rooms4
ConstructionBrick
RoofShingle
FoundationSlab
FacesSouth
SubdivisionPROMENADE ESTATES PH II
CountySarasota
OwnershipFee Simple

Interior Features

InteriorCeiling Fan(s)
FlooringCarpet, Ceramic Tile, Laminate
AppliancesDryer, Range, Washer
LaundryLaundry Room
CoolingCentral Air
HeatingCentral

Exterior & Lot

ExteriorNone
Lot Size0.15 acres (6,524 sq ft)
Road SurfaceAsphalt
0

Utilities

WaterNone
SewerPublic Sewer
UtilitiesCable Available

Parking

GarageYes (2 spaces)

HOA & Community

HOAYes
HOA Fee$188 / Monthly
Senior CommunityNo

Financial Details

List Price$670,000
Original Price$785,000
Annual Taxes$6,237 (2025)
ZoningRSF1
Parcel #0139150248

Directions

Honore to East Bay Street to Promenade Estates to front gate. Once through make a left on Lateral Root

Location

12760 LATERAL ROOT DRIVE, SARASOTA, FL 34238

Listing Information

OfficeFLORIDA DREAMIN' REALTY GROUP INC
ListedJuly 31, 2026

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Home Price

$670,000

20% ($134,000)
6.75%

Loan Term

Principal & Interest$3,476
Property Tax (est.)$614
Insurance (est.)$150
Total Monthly$4,241
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How to Buy This Home

Multiple financing options available for this $670,000 home in SARASOTA.

🏛️

FHA Loan

$23,450 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

$33,500 Down

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

🌾

USDA Loan

$0 Down

Zero down for eligible rural areas. Income limits apply.

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 10, 2026.

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