Landlord's Agent in 2026
Kevin Tai
PREFERRED SHORE LLC
(941) 218-0111
12 in this area
177 Total Sales
12732 Lateral Root Dr Sarasota, FL 34238
Estimated Value: $516,000 - $589,000
5
Beds
3
Baths
2,631
Sq Ft
$214/Sq Ft
Est. Value
Highlights
- Open Floorplan
- Stone Countertops
- Hurricane or Storm Shutters
- Laurel Nokomis School Rated A-
- Home Office
- 2 Car Attached Garage
About This Home
As of March 2026Gated Community – Excellent Amenities – For Lease Welcome 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 primary suite featuring two walk in closets and a walk in shower. The open concept kitchen is equipped with newer appliances and seamlessly connects 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, 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. Located in an A rated school district, this home is approximately 8 minutes from the nationally ranked Pine View School, a 7 minute bike ride to Legacy Trail, and 17 to 25 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. Available Now – Contact us today to schedule your private showing and make this exceptional home your next address in Sarasota.
Home Details
Home Type
- Single Family
Year Built
- Built in 2022
Lot Details
- 6,524 Sq Ft Lot
- West Facing Home
- Irrigation Equipment
Parking
- 2 Car Attached Garage
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
- Property has a Home Owners Association
- Firstservice Management Association, Phone Number (866) 378-1099
- Promenade Estates Community
- Promenade Estates Ph II Subdivision
Listing and Financial Details
- Residential Lease
- Security Deposit $3,250
- Property Available on 8/12/25
- Tenant pays for carpet cleaning fee, cleaning fee, re-key fee
- The owner pays for recreational, trash collection
- 12-Month Minimum Lease Term
- Available 3/1/26
- $150 Application Fee
- 7-Month Minimum Lease Term
- Assessor Parcel Number 0139150255
Matterport 3D Tour
Floorplans
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 30, 2022
Closed on
Dec 21, 2022
Sold by
Dr Horton Inc
Bought by
Tsui Lily
Seller's Agent
Nicole Peterson
SM FLORIDA BROKERAGE LLC
Buyer's Agent
Matthew Redmer
WE GIVE REALTY, LLC
List Price
$575,990
Sold Price
$575,990
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,154
Avg. Annual Appreciation
-0.71%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Tsui Lily | $575,990 | Dhi Title Of Florida |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/01/2026 03/01/26 | Rented | $3,250 | 0.0% | -- | |
| 01/23/2026 01/23/26 | Under Contract | -- | -- | -- | |
| 10/07/2025 10/07/25 | Price Changed | $3,250 | -9.7% | $1 / Sq Ft | |
| 08/13/2025 08/13/25 | For Rent | $3,600 | 0.0% | -- | |
| 12/30/2022 12/30/22 | Sold | $575,990 | 0.0% | $221 / Sq Ft | View Prior Sale |
| 12/30/2022 12/30/22 | Pending | -- | -- | -- | |
| 12/30/2022 12/30/22 | For Sale | $575,990 | -- | $221 / Sq Ft |
Source: Stellar MLS
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 |
|---|---|---|---|---|
| 2025 | $6,278 | $480,700 | $115,800 | $364,900 |
| 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
Agents Affiliated with this Home
-
Kevin Tai
-
Nicole Peterson
N
Seller's Agent in 2022
Nicole Peterson
SM FLORIDA BROKERAGE LLC
(813) 433-4250
63 in this area
921 Total Sales
-
Matthew Redmer
M
Buyer's Agent in 2022
Matthew Redmer
WE GIVE REALTY, LLC
(321) 639-4663
2 in this area
168 Total Sales
Map
Source: Stellar MLS
MLS Number: A4661650
APN: 0139-15-0255
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Based on information submitted to the MLS GRID
Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
Nearby Homes
- 12709 Lateral Root Dr
- 5425 Cicerone St Unit 103
- 5625 Soft Skies Dr
- 5820 Millennium Silver Ct
- 12410 Osorio Ct Unit 203
- 12410 Osorio Ct Unit 103
- 5335 Cicerone St
- 5715 Woodland Sage Dr
- 5409 Bartolomeo St
- 5719 Woodland Sage Dr
- 12770 Indigo Breeze Dr
- 5583 Rain Lily Ct
- 5444 Lampiasi St
- 5755 Woodland Sage Dr
- 12457 Golden Sage Dr
- 12432 Golden Sage Dr
- 5555 Rain Lily Ct
- 12465 Golden Sage Dr
- 5610 Rain Lily Ct
- 5508 Eagle Creek Rd
- 12728 Lateral Root Dr
- 12736 Lateral Root Dr
- 12740 Lateral Root Dr
- 12724 Lateral Root Dr
- 12675 Night View Dr
- 12671 Night View Dr
- 12679 Night View Dr
- 12667 Night View Dr
- 12720 Lateral Root Dr
- 12729 Lateral Root Dr
- 12725 Lateral Root Dr
- 12744 Lateral Root Dr
- 12748 Lateral Root Dr
- 12733 Lateral Root Dr
- 12683 Night View Dr
- 12663 Night View Dr
- 12721 Lateral Root Dr
- 12737 Lateral Root Dr
- 12687 Night View Dr
- 12659 Night View Dr
Your Personal Tour Guide
Ask me questions while you tour the home.