$629,999

12732 Lateral Root Dr Sarasota, FL 34238

Estimated payment $4,269/month

Total Views 1,119
5 Beds
3 Baths
2,631 Sq Ft
$239 Price per Sq Ft

Highlights

  • Popular Property
  • Open Floorplan
  • Home Office
  • Laurel Nokomis School Rated A-
  • Stone Countertops
  • Hurricane or Storm Shutters

About This Home

NO CDD - Gated Community - Excellent Amenities - Seller's Financing/ Seller's Carryback available with lower interest rateWelcome to modern living in Promenade Estates at Palmer Ranch! Built in 2022 with sturdy block construction throughout, this home brings together thoughtful design, everyday comfort, and long-term peace of mind. This spacious 5-bedroom, 3-bathroom home offers the perfect blend of comfort and convenience. One bedroom and a full bathroom are thoughtfully located on the ground floor—ideal for guests or multigenerational living—while the remaining four bedrooms and two bathrooms are upstairs, including the generous master suite featuring two walk-in closets and walk-in shower.The open-concept kitchen is equipped with newer appliances, seamlessly connecting to the main living space for easy entertaining. A two-car garage adds storage and function to this already impressive layout.Promenade Estates is a gated, amenity-rich newer community with NO CDD fees, offering residents access to a sparkling community pool, playground, dog park, basketball and beach volleyball courts, and a splash pad with water slides—perfect for fun and relaxation.Promenade Estates located in an A-rated school district, the home is just approximately 8 minutes to the nationally-ranked Pine View School, 7-minute bike ride to Legacy Trail, and 17-25 mins minutes to the world-famous Siesta Key Beach. Everyday essentials like groceries and banks are only 5 minutes away, and a variety of dining options are within a 10-minute drive.Don’t miss your chance to live in one of Sarasota’s most sought-after communities. Schedule your private showing today!

Listing Agent

Kevin Tai

PREFERRED SHORE LLC Brokerage Phone: 941-999-1179 License #3336230

PREFERRED SHORE LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,278

Year Built

  • Built in 2022

Lot Details

  • 6,524 Sq Ft Lot
  • West Facing Home
  • Irrigation Equipment
  • Property is zoned RSF1

HOA Fees

  • $220 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 2,631 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Combination Dining and Living Room
  • Home Office
  • Hurricane or Storm Shutters

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Schools

  • Laurel Nokomis Elementary School
  • Laurel Nokomis Middle School
  • Venice Senior High School

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Firstservice Management Association, Phone Number (866) 378-1099
  • Promenade Estates Community
  • Promenade Estates Ph Ii Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,278

Year Built

Built in 2022

Lot Details

0

HOA Fees

$220 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 2631
  • Lot Size Acres: 0.15
  • New Construction: No
  • Year Built: 2022
  • Building Area Total: 3236
  • Lot Size Sq Ft: 6524
  • Directions to Property: From Clark Rd, head south on Honore Ave, turn Right on Promenade Estate Blvd, turn left on Lateral Root Dr, the house will be on the right side.
  • Status: Active
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 508758250
  • Minimum Lease: 7 Months
  • Number Of Pets: 3
  • RATIO Current Price By Calculate: 239.45
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 0
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 941-999-1179
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 3
  • Interior Amenities: Living Room/Dining Room Combo, Open Floorplan, Stone Counters, Thermostat, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 5
  • Levels: Two
  • Other Equipment: Irrigation Equipment
  • Stories: 2
  • Street Number Modifier: 12732
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 244.43
  • Room Count: 8

Exterior Features

  • Direction Faces: West
  • Exterior Features: Hurricane Shutters, Lighting, Rain Gutters, Sidewalk
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

  • Utilities: Cable Available, Electricity Connected, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 220
  • Association Fee Frequency: Monthly
  • Association Name: FirstService Management
  • Phone: 866-378-1099
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Pet Restrictions: For additional info, please review HOA DOCS
  • Association Fee Requirement: Required
  • Association Email: jodi.sondergaard@fsresidential.com
  • Pet Size: Extra Large (101+ Lbs.)

Fee Information

  • Total Annual Fees: 2640.00
  • Total Monthly Fees: 220.00
  • Monthly HOA Amount: 220.00

Schools

  • Elementary School: Laurel Nokomis Elementary
  • High School: Venice Senior High
  • Middle Or Junior School: Laurel Nokomis Middle

Lot Info

  • Zoning: RSF1
  • Parcel Number: 0139150255
  • Additional Parcels: No
  • Flood Zone Code: X
  • Homestead YN: 0
  • Lot Size Square Meters: 606

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Breed Restrictions, Cats OK, Dogs OK, Number Limit, Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: For additional info, please review HOA DOCS

Tax Info

  • Tax Annual Amount: 6278.42
  • Tax Block: 1
  • Tax Book Number: 55-92-105
  • Tax Lot: 255

Multi Family

  • Approval Process: For additional info, please review HOA DOCS

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,555 $485,100 $115,800 $369,300
2023 $6,555 $512,400 $109,000 $403,400
2022 $1,519 $127,500 $127,500 $0
2021 $0 $0 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2025 05/22/25 For Sale $629,999 +9.4% $239 / Sq Ft
12/30/2022 12/30/22 Sold $575,990 0.0% $221 / Sq Ft
12/30/2022 12/30/22 Pending -- -- --
12/30/2022 12/30/22 For Sale $575,990 -- $221 / Sq Ft
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $575,990 Dhi Title Of Florida
Source: Public Records

About the Listing Agent

Kevin Tai

PREFERRED SHORE LLC

(941) 304-1850

Section Image

Award-Winning & Top-Producing Agent in Sarasota & Manatee Counties
As the team lead of TAI Properties Group at Preferred Shore, I’m proud to lead a dedicated group of 7 experienced professionals who bring unmatched local knowledge, integrity, and results to every transaction. With a strong reputation as a trusted and well-known real estate expert in the Sarasota and Manatee County area, I’ve built my business on referrals and long-term relationships.

At TAI Properties Group, we

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Source: Stellar MLS

MLS Number: A4653034

Stellar MLS

APN: 0139-15-0255