Skip to main content
1 / 38

$560,000

12704 LATERAL ROOT DRIVE, SARASOTA, FL 34238

3D Tour
Active1 days on market

Beds

4

Baths

3

Sq Ft

2,045 sq ft

Year Built

2021

Lot Size

0.14 acres

Garage

—

About This Property

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.

Property Overview

Property TypeResidential
Sub TypeSingle Family Residence
MLS #A4708679
StatusActive
Year Built2021
Stories1
Total Rooms10
ConstructionStucco
RoofShingle
FoundationSlab
FacesWest
SubdivisionPROMENADE ESTATES PH 1
CountySarasota
OwnershipFee Simple

Interior Features

InteriorOpen Floorplan, Primary Bedroom Main Floor, Stone Counters, Walk-In Closet(s)
FlooringCarpet, Tile
AppliancesDishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
LaundryLaundry Room
CoolingCentral Air
HeatingElectric

Exterior & Lot

ExteriorOther
Lot Size0.14 acres (6,024 sq ft)
Road SurfaceAsphalt
0

Utilities

WaterPublic
SewerPublic Sewer
UtilitiesElectricity Connected

Parking

GarageYes

HOA & Community

HOAYes
HOA Fee$269 / Monthly
Senior CommunityNo

Financial Details

List Price$560,000
Annual Taxes$5,549 (2025)
ZoningRSF1
Parcel #0139070047

Directions

From Bay enter the back gate and turn left on Lateral Root Drive. Property is located on the right.

Location

12704 LATERAL ROOT DRIVE, SARASOTA, FL 34238

Listing Information

OfficePREFERRED SHORE LLC
ListedOctober 7, 2026

Schedule a Tour

Pick a Day

Preferred Time

Scheduling is free, and you can cancel anytime.

Home Price

$560,000

20% ($112,000)
6.75%

Loan Term

Principal & Interest$2,906
Property Tax (est.)$513
Insurance (est.)$150
Total Monthly$3,569
Full Calculator →

How to Buy This Home

Multiple financing options available for this $560,000 home in SARASOTA.

🏛️

FHA Loan

$19,600 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

$28,000 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.

More Homes in Sarasota

More Homes in Sarasota

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 8, 2026.

Call (813) 733-7907TextContact