Seller's Agent in 2026
Olivia Marciniak
Michael Saunders
(941) 400-1623
1 in this area
17 Total Sales
5121 Flagstone Dr Sarasota, FL 34238
2
Beds
2
Baths
1,723
Sq Ft
7,405
Sq Ft Lot
Highlights
- Pond View
- Open Floorplan
- Community Pool
- Ashton Elementary School Rated A
- Wood Flooring
- Shutters
About This Home
As of March 2026One or more photo(s) has been virtually staged. Discover an incredible opportunity in The Hamptons at Palmer Ranch. This 2-bedroom, 2-bath, plus den home offers the perfect canvas to update, customize, and create your dream space. Nestled on a peaceful lakefront lot, it features open living areas, spacious bedrooms, a versatile den ideal for an office, and a screened porch. Sliders fill the home with natural light and showcase beautiful pond views. Whether for a primary residence, seasonal retreat, or investment, this property offers strong potential in a premier community. Enjoy a resort-style pool and an unbeatable location just minutes to Siesta Key Beach, Legacy Trail, shopping, dining, and downtown Sarasota.
Last Agent to Sell the Property
MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-951-6660 License #3536044 Listed on: 12/17/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,246
Year Built
- Built in 1999
Lot Details
- 7,404 Sq Ft Lot
- Southeast Facing Home
- Property is zoned RSF1
HOA Fees
- $284 Monthly HOA Fees
Parking
- 2 Car Attached Garage
Home Design
- Slab Foundation
- Tile Roof
- Concrete Siding
Interior Spaces
- 1,723 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Shutters
- Sliding Doors
- Living Room
- Pond Views
- Dishwasher
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Screened Patio
- Exterior Lighting
Schools
- Ashton Elementary School
- Sarasota Middle School
- Riverview High School
Additional Features
- Reclaimed Water Irrigation System
- Central Heating and Cooling System
Listing and Financial Details
- Visit Down Payment Resource Website
- Legal Lot and Block 7 / D
- Assessor Parcel Number 0115010036
Community Details
Overview
- Association fees include escrow reserves fund, fidelity bond, ground maintenance, pool
- Progressive Community Management Association, Phone Number (941) 921-5393
- Visit Association Website
- The Hamptons Community
- The Hamptons Subdivision
- The community has rules related to deed restrictions
Recreation
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 17, 2025
Closed on
Mar 25, 2026
Sold by
Fava Tobye and Daniels-Fava Tobye E
Bought by
William J Drees Revocable Living Trust and Drees
Seller's Agent
Olivia Marciniak
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Colby Lengel
COMPASS FLORIDA LLC
List Price
$429,000
Sold Price
$390,000
Premium/Discount to List
-$39,000
-9.09%
Views
153
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
434.56%
Purchase Details
Closed on
Jan 26, 2019
Sold by
Daniels Fava Tobye E and Daniels Fava Tobye E
Bought by
Daniels Fava Tobye E and Fava Ronald B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,000
Interest Rate
4.54%
Mortgage Type
FHA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $390,000 | Simplifile (Recording Service) | |
| Interfamily Deed Transfer | -- | Amrock |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $510,000 | FHA |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/25/2026 03/25/26 | Sold | $390,000 | -4.6% | $226 / Sq Ft |
| 02/20/2026 02/20/26 | Pending | -- | -- | -- |
| 02/16/2026 02/16/26 | Price Changed | $409,000 | -2.4% | $237 / Sq Ft |
| 01/26/2026 01/26/26 | Price Changed | $419,000 | -2.3% | $243 / Sq Ft |
| 12/17/2025 12/17/25 | For Sale | $429,000 | -- | $249 / 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 | $2,526 | $255,993 | -- | -- |
| 2024 | $2,404 | $248,778 | -- | -- |
| 2023 | $2,404 | $241,532 | $0 | $0 |
| 2022 | $2,305 | $234,497 | $0 | $0 |
| 2021 | $2,260 | $227,667 | $0 | $0 |
| 2020 | $2,253 | $224,524 | $0 | $0 |
| 2019 | $2,666 | $219,476 | $0 | $0 |
| 2018 | $2,542 | $211,250 | $0 | $0 |
| 2017 | $2,528 | $206,905 | $0 | $0 |
| 2016 | $2,521 | $253,100 | $66,300 | $186,800 |
| 2015 | $2,563 | $230,900 | $61,500 | $169,400 |
| 2014 | $2,569 | $196,693 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Olivia Marciniak
-
Colby Lengel
Buyer's Agent in 2026
Colby Lengel
COMPASS FLORIDA LLC
(941) 779-6227
1 in this area
44 Total Sales
Map
Source: Stellar MLS
MLS Number: A4675325
APN: 0115-01-0036
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Based on information submitted to the MLS GRID
Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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