Greg Martin
STERLING REALTY
(941) 260-0717
59 Total Sales
1 in Palmer Ranch
$638,000 Price
5121 Flagstone Dr Sarasota, FL 34238
Palmer Ranch AreaEstimated Value: $386,000 - $445,410
2
Beds
2
Baths
1,723
Sq Ft
$236/Sq Ft
Est. Value
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
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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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 17, 2025
Closed on
Mar 25, 2026
Sold by
Bought by
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
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
$16,353
Avg. Annual Appreciation
12.09%
Purchase Details
Closed on
Jan 26, 2019
Sold by
Bought by
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
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Sarasota, FL
-
Greg Martin
-
Catie Seip
Catie Seip
Responds QuicklyEXP REALTY LLC
(813) 578-4631
64 Total Sales
1 in Palmer Ranch
$729,990 Price
-
Diane Goodwin
Diane Goodwin
Responds QuicklyEXP REALTY LLC
(941) 413-1168
34 Total Sales
1 in Palmer Ranch
$790,000 Price
-
Kevin Tai
Kevin Tai
PREFERRED SHORE LLC
(941) 231-5680
169 Total Sales
11 in Palmer Ranch
$165K - $900K Price Range
-
Tonna Gruber
Tonna Gruber
KW SUNCOAST
(941) 260-0696
144 Total Sales
4 in Palmer Ranch
$200K - $1.2M Price Range
-
Paula Mapp
Paula Mapp
MAPP REALTY & INVESTMENT CO
(941) 344-3129
46 Total Sales
3 in Palmer Ranch
$245K - $398K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $390,000 | Simplifile | ||
| -- | Amrock |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $712,500 | ||
| Previous Owner | $532,500 | ||
| Previous Owner | $510,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $2,647 | $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
Seller's Agent in 2026
Olivia Marciniak
Michael Saunders
(941) 400-1623
18 Total Sales
-
Colby Lengel
Buyer's Agent in 2026
Colby Lengel
COMPASS FLORIDA LLC
(941) 779-6227
51 Total Sales
Map
Source: Stellar MLS
MLS Number: A4675325
APN: 0115-01-0036
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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.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID
Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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