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$1,024,999

1563 LUGANO CIRCLE, NOKOMIS, FL 34275

Active3 days on market

Beds

5

Baths

5

Sq Ft

3,982 sq ft

Year Built

2027

Lot Size

0.23 acres

Garage

2

About This Property

Under Construction. ****SPECIAL FINANCING AVAILABLE FOR A LIMITED TIME ONLY FROM PREFERRED LENDER. RESTRICTIONS APPLY, FOR QUALIFIED BUYERS, SUBJECT TO APPLICABLE TERMS AND CONDITIONS. SUBJECT TO CHANGE WITHOUT NOTICE**** Welcome to The Madison—a spacious, elegantly designed two story home that blends luxury, comfort, and modern functionality. With 5 bedrooms and 5 bathrooms, this thoughtfully crafted residence offers ample room for both relaxation and entertaining. The first floor boasts a den, off the entry; a gourmet kitchen, with well appointed finishes, premium cabinetry, and an expansive island ideal for gathering; and a lanai, off the great room, via a large sliding glass door, creating an inviting indoor–outdoor living experience perfect for Florida evenings. A second owner's suite and additional pool bath finish off the first floor. Upstairs, the owner’s suite serves as a private retreat with generous space and refined details. The second story also includes three additional bedrooms, two full bathrooms, and a versatile bonus room—ideal for a media lounge, playroom, or home office. Every corner of The Madison showcases thoughtful design and elevated style, making it a standout choice for those seeking a home that feels both elevated and welcoming.

Property Overview

Property TypeResidential
Sub TypeSingle Family Residence
MLS #R4912104
StatusActive
Year Built2027
Total Rooms8
ConstructionBlock
RoofTile
FoundationSlab
FacesNorth
SubdivisionCASSATA LAKES
CountySarasota
OwnershipFee Simple
New ConstructionYes

Interior Features

InteriorOpen Floorplan, Tray Ceiling(s), Walk-In Closet(s)
FlooringCarpet, Tile
AppliancesDishwasher, Disposal, Microwave, Range
LaundryInside
CoolingCentral Air
HeatingHeat Pump

Exterior & Lot

ExteriorIrrigation System
Lot Size0.23 acres (9,800 sq ft)
Road SurfaceAsphalt
0

Utilities

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

Parking

GarageYes (2 spaces)

HOA & Community

HOAYes
HOA Fee$342 / Quarterly
Senior CommunityNo

Financial Details

List Price$1,024,999
Original Price$1,015,000
Annual Taxes$500 (2026)
ZoningRSF4
Parcel #0380020149

Schools

ElementaryLaurel Nokomis Elementary
MiddleLaurel Nokomis Middle
HighVenice Senior High

Directions

From I-75, take Exit 195 for County Road 762 toward Laurel Rd. Head West on Laurel Rd. E. After 1.8 miles, turn Right onto Kings Way Dr. Turn Right onto Lugano Circle. Follow signs for the M/I Homes Sales Center.

Location

1563 LUGANO CIRCLE, NOKOMIS, FL 34275

Listing Information

OfficeFLORIWEST REALTY GROUP, LLC
ListedOctober 5, 2026

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Home Price

$1,024,999

20% ($205,000)
6.75%

Loan Term

Principal & Interest$5,318
Property Tax (est.)$940
Insurance (est.)$150
Total Monthly$6,408
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Nearby Schools

Financing a Luxury Home

Specialized financing for this $1,024,999 property in NOKOMIS. Luxury purchases typically require jumbo or portfolio lending.

💎

Jumbo Loan

$102,500 Down

For homes exceeding conforming loan limits. Typically requires 10-20% down, strong credit, and reserves.

🎖️

VA Jumbo

$0 Down

VA-eligible borrowers can go above conforming limits with zero down in many cases.

🏦

Portfolio Loan

$153,750 Down

Held by the lender, not sold. Flexible terms for high-net-worth buyers with non-traditional income.

🔑

Bridge Loan

$205,000 Down

Short-term financing to buy before selling. Ideal for move-up buyers in competitive markets.

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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 8, 2026.

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