NOT LISTED FOR SALE

12753 Lateral Root Dr Sarasota, FL 34238

Estimated Value: $921,000 - $1,123,774

5 Beds
4 Baths
3,840 Sq Ft
$264/Sq Ft Est. Value

Sale Details

Date Sold: June 30, 2023

Last sale price $983,962 $256 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $6,245 / mo

Highlights

  • 12 Feet of Lake Waterfront
  • Fitness Center
  • Media Room
  • Laurel Nokomis School Rated A-
  • Screened Pool
  • New Construction

About This Home

As of April 2024

One or more photo(s) has been virtually staged. One or more photo(s) has been virtually staged. Palmer Ranch. Brand new, never lived in, spacious luxury home with 5BR, 4BA, a 3 car garage, and an oversized, heated, saltwater pool located in highly regarded Palmer Ranch is offered now for an annual lease. Built on a premium preserve and partial lake homesite, this home includes almost $300,000 in design upgrades and builder options. They include many of the modern finishes desired by today's buyers, such as wood plank look porcelain tile floors throughout the first floor, a gourmet kitchen with built-in stainless steel appliances, modern two-tone kitchen cabinets, a large center island with high-level quartz counter tops and a designer backsplash. This popular Juniper floor plan features a first-floor Owner's Suite with an expansive bathroom, soaking tub, walk-in shower, double vanities, and a large walk-in closet. The floor plan also includes a guest suite on the first floor and a full bathroom with a frameless shower enclosure. The first-floor laundry room includes built-in cabinets and quartz countertops. The second level offers a spacious loft, 3 additional bedrooms with walk-in closets, and 2 large bathrooms. The extended lanai is pre-plumbed for an outdoor kitchen and offers ample space for sunning or dining alfresco. The saltwater, heated pool was enlarged to 35' by 16' for swimming laps. The pool also includes a large sun shelf with a bubbler and two decorative fountain bowls. The community is situated in a beautiful South Sarasota location near world-famous Siesta Key, Lido, Nokomis, Casey Key, and Venice Beaches, making every day feel like a vacation. The gated community offers a workout room, a tot lot, a pool with a splash pad, a flex field, a basketball court, a beach volleyball court, and both a small and large dog park. It is located in an excellent school district with highly rated schools. The community also offers easy access to downtown Sarasota and downtown Venice Island both with their many cultural and lifestyle offerings. Home is offered for sale as well.

Last Agent to Rent the Property

Ron Suponcic

COLDWELL BANKER REALTY Brokerage Phone: 941-383-6411 License #3011512 Listed on: 02/17/2024

Co-Listed By

Ron and Bozena Suponcic

COLDWELL BANKER REALTY Brokerage Phone: 941-383-6411 License #3043255

Last Renter's Agent

Carole Samuels

RE/MAX PALM License #3155464

RE/MAX PALM

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 7,668 Sq Ft Lot
  • 12 Feet of Lake Waterfront
  • Lake Front
  • East Facing Home
  • Landscaped
  • Private Lot
  • Irrigation

Parking

  • 3 Car Attached Garage

Property Views

  • Lake
  • Park or Greenbelt

Home Design

  • Bi-Level Home

Interior Spaces

  • 3,840 Sq Ft Home
  • Open Floorplan
  • Tray Ceiling
  • High Ceiling
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Great Room
  • Formal Dining Room
  • Media Room
  • Den
  • Loft
  • Bonus Room
  • Storage Room
  • Laundry Room
  • Inside Utility

Kitchen

  • Eat-In Kitchen
  • Built-In Convection Oven
  • Cooktop with Range Hood
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 4 Full Bathrooms

Home Security

  • Security System Owned
  • Smart Home
  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Pool

  • Screened Pool
  • Heated Lap Pool
  • Heated In Ground Pool
  • Gunite Pool
  • Saltwater Pool
  • Fence Around Pool
  • Pool Lighting

Outdoor Features

  • Screened Patio
  • Exterior Lighting

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Residential Lease
  • Security Deposit $5,500
  • Property Available on 3/1/24
  • Tenant pays for cleaning fee
  • The owner pays for grounds care, pest control, pool maintenance
  • 12-Month Minimum Lease Term
  • Available 4/15/24
  • $100 Application Fee
  • 7-Month Minimum Lease Term
  • Assessor Parcel Number 0139150216

Community Details

Overview

  • Property has a Home Owners Association
  • Access Property Mgmt/Lauren Ireland Association, Phone Number (813) 607-2220
  • Built by MI Homes
  • Promenade Estates Ph II Subdivision, Juniper Floorplan
  • Promenade Estates Community
  • Association Owns Recreation Facilities
  • Greenbelt

Recreation

  • Community Basketball Court
  • Recreation Facilities
  • Community Playground
  • Fitness Center
  • Community Pool

Security

  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2023 | New Construction

Lot Details

7,668 Sq Ft Lot

Parking

3

Rental Info

  • Furnished: Unfurnished
  • Lease Amount Frequency: Monthly
  • Pets Allowed: Number Limit, Pet Deposit
  • Available Date: 2024-03-01
  • Terms Of Lease: 1st Last and Sec Dep Required
  • Long Term YN: 1
  • Security Deposit: 5500
  • Pet Deposit Fee: 500
  • Pet Fee Non Refundable: 500
  • Expected Lease Date: 2024-04-15T00:00:00.000

Listing Details

  • Property Type: Residential Lease
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Fireplace: No
  • Living Area: 3840
  • Lot Size Acres: 0.18
  • New Construction: Yes
  • Year Built: 2023
  • Building Area Total: 4860
  • Lease Term: Twelve Months
  • Lot Size Sq Ft: 7668
  • Owner Pays: Grounds Care, Pest Control, Pool Maintenance
  • Tenant Pays: Cleaning Fee
  • Status: Leased
  • Co List Office Mls Id: MFR231502433
  • Co List Office Phone: 941-383-6411
  • ResoBuildingAreaSource: PublicRecords
  • Building Area Total Srch Sq M: 451.51
  • Minimum Lease: 7 Months
  • Number Of Pets: 1
  • RATIO Current Price By Calculate: 1.43
  • Water Access YN: 0
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 941-383-6411
  • Special Features: NewHome

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Laminate, Tile
  • Full Bathrooms: 4
  • Interior Amenities: Ceiling Fans(s), Eat-in Kitchen, High Ceilings, Open Floorplan, Primary Bedroom Main Floor, Smart Home, Solid Surface Counters, Split Bedroom, Tray Ceiling(s), Walk-In Closet(s)
  • Appliances Included: Built-In Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Electric Water Heater, Microwave, Range Hood, Refrigerator
  • Total Bedrooms: 5
  • Levels: Two
  • Spa Yn: No
  • Window Features: Blinds
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Bonus Room,Den/Library/Office,Formal Dining Room Separate,Great Room,Inside Utility,Loft,Media Room,Storage Rooms
  • Living Area Meters: 356.75

Exterior Features

  • Direction Faces: East
  • Pool Features: Gunite, Heated, In Ground, Lap, Lighting, Salt Water, Screen Enclosure
  • Exterior Features: Hurricane Shutters, Irrigation System, Lighting, Sliding Doors
  • Pool Private: Yes
  • View: Park/Greenbelt, Water
  • Waterfront: Yes
  • Patio and Porch Features: Screened
  • Road Surface Type: Asphalt
  • Water View: Lake
  • Water View YN: 1
  • Waterfront Feet Total: 12
  • Water Frontage Feet Lake: 12

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Oversized

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Fiber Optics, Public
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Buyer Approval Required, Fitness Center, Gated Community - No Guard, Playground, Pool
  • Association Amenities: Basketball Court, Fitness Center, Gated, Playground, Pool, Recreation Facilities
  • Association Name: Access Property MGMT/Lauren Ireland
  • Phone: 813-607-2220
  • Association: Yes
  • Security: Gated Community, Security System, Security System Owned, Smoke Detector(s)
  • Senior Community: No
  • Association Approval Required YN: 1
  • Pet Restrictions: Negotiable 1 dog, max up to 20lbs
  • Association Fee Requirement: Required
  • Max Pet Weight: 20
  • Pet Size: Very Small (Under 15 Lbs.)

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00
  • Application Fee: 100

Schools

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

Lot Info

  • Parcel Number: 0139150216
  • Lot Features: Greenbelt, Landscaped, Private, Paved

Building Info

  • Builder Name: MI Homes

Multi Family

  • Waterfront Features: Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2023
Closed on
Jun 30, 2023
Sold by
M I Homes Of Sarasota Llc
Bought by
Heron Inc Revocable Trust
Seller's Agent
Stellar Non-Member Agent
STELLAR NON-MEMBER OFFICE
Buyer's Agent
Ron Suponcic
COLDWELL BANKER REALTY
List Price
$983,962
Sold Price
$983,962
Views
177
Current Estimated Value
$1,014,944

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,982
Avg. Annual Appreciation
1.12%

Purchase Details

Closed on
Jul 21, 2022
Sold by
Forestar Usa Real Estate Group Inc
Bought by
M/I Homes Of Sarasota Llc
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Heron Inc Revocable Trust $983,962 M/I Title
M/I Homes Of Sarasota Llc $1,260,000 Gray Robinson Pa
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/15/2024 04/15/24 Rented $5,500 0.0% --
03/14/2024 03/14/24 Under Contract -- -- --
02/17/2024 02/17/24 For Rent $5,500 0.0% --
06/30/2023 06/30/23 Sold $983,962 0.0% $259 / Sq Ft View Prior Sale
06/30/2023 06/30/23 For Sale $983,962 -- $259 / Sq Ft
06/26/2022 06/26/22 Pending -- -- --
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 $9,927 $769,400 $136,200 $633,200
2024 $1,521 $780,800 $136,200 $644,600
2023 $1,521 $129,000 $129,000 $0
2022 $1,814 $152,800 $152,800 $0
2021 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4600102

Stellar MLS

APN: 0139-15-0216

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