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$550,000

506 SUN CHASER DRIVE, NOKOMIS, FL 34275

3D Tour
Active144 days on market

Beds

5

Baths

4

Sq Ft

2,830 sq ft

Year Built

2024

Lot Size

0.16 acres

Garage

2

About This Property

Better than brand new and only 2 years old, this energy-efficient San Marino floor plan by Meritage Homes is available now in the heart of Nokomis, located within a gated community for added privacy and peace of mind. What truly sets this home apart, and is rarely found in today’s market, is the combination of 5 true bedrooms, a spacious loft, and a dedicated flex room / home office, a layout that offers a level of space and flexibility most homes simply cannot match. Offering 5 bedrooms, 3.5 bathrooms, and a 2-car garage, this thoughtfully designed home features an open-concept layout with a highly desirable first-floor primary suite. As you enter, you’re welcomed by a versatile flex space and private office, leading into a beautifully appointed kitchen with 42-inch upper cabinets, quartz countertops, an under-mount sink, stainless steel appliances, and a corner pantry with custom wood shelving. The main living areas showcase modern tile flooring, while the primary suite offers plush carpeting, dual vanities, a spacious walk-in shower with seamless glass, and a large walk-in closet. Sliding glass doors open to a covered lanai overlooking a stunning water view with a preserve behind it, creating a private and peaceful setting. Upstairs, the rare layout continues with a large loft ideal for entertaining or additional living space, along with four spacious bedrooms, and two offering large walk-in closets, and two full bathrooms. Additional highlights include a large main-level laundry room, ample storage throughout, all appliances included, and full hurricane impact windows and doors for added peace of mind. Even better, this home is NOT located in a flood zone, meaning most lenders will not require flood insurance, a huge long-term savings. Current homeowner’s insurance is approximately $2,200 per year, which is extremely attractive for a home of this size and age. With an incredibly low HOA of just $150 per year, this home also offers convenient access to I-75 and is just minutes from shopping, dining, and the vibrant downtown areas of Sarasota and Venice. It is also ideally located near some of the area’s top-rated schools including Laurel Nokomis School, Venice High School, and the highly sought-after Gifted Pine View School. Residents of Magnolia Bay enjoy resort-style amenities including a clubhouse, pool, fitness center, pickleball courts, and more. This is your opportunity to own a like-new home with a floor plan and value that are truly hard to find.

Property Overview

Property TypeResidential
Sub TypeSingle Family Residence
MLS #N6144206
StatusActive
Year Built2024
Total Rooms10
ConstructionBlock, Wood Frame
RoofShingle
FoundationSlab
FacesWest
SubdivisionMAGNOLIA BAY
CountySarasota
OwnershipFee Simple

Interior Features

InteriorTray Ceiling(s), Walk-In Closet(s)
FlooringCarpet, Ceramic Tile
AppliancesCooktop, Dishwasher, Disposal, Microwave, Range, Washer
LaundryInside, Laundry Room
CoolingCentral Air
HeatingElectric

Exterior & Lot

ExteriorSidewalk
Lot Size0.16 acres (7,102 sq ft)
Lot Dimensions50 x 130
Road SurfaceAsphalt
ViewWater
0

Waterfront

WaterfrontYes
FeaturesLake Front, Pond

Utilities

WaterPublic
SewerPublic Sewer
UtilitiesPublic

Parking

GarageYes (2 spaces)

HOA & Community

HOAYes
HOA Fee$150 / Annually
Senior CommunityNo

Financial Details

List Price$550,000
Original Price$599,900
Annual Taxes$9,278 (2025)
FinancingCash, Conventional, FHA, VA Loan
ZoningRES
Parcel #0364050218

Schools

ElementaryLaurel Nokomis Elementary
MiddleLaurel Nokomis Middle
HighVenice Senior High

Directions

From I-75/FL-681 Exit head west and turn left at Honore Ave. Drive 2.1 miles and turn right on Ranch Rd. be sure to turn onto the second Ranch Rd., there are two and our community is located off of the second one. Community approximately 1/2 mile ahead. GPS will bring you to house, small for sale sign in mulch area.

Location

506 SUN CHASER DRIVE, NOKOMIS, FL 34275

Listing Information

OfficeEVOLVE REAL ESTATE
ListedMay 5, 2026

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Home Price

$550,000

20% ($110,000)
6.75%

Loan Term

Principal & Interest$2,854
Property Tax (est.)$504
Insurance (est.)$150
Total Monthly$3,508
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Nearby Schools

How to Buy This Home

Multiple financing options available for this $550,000 home in NOKOMIS.

🏛️

FHA Loan

$19,250 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

$27,500 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 15, 2026.

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