$429,000
$20K PRICE DROP

5677 Fossano Dr Unit 506 Sarasota, FL 34238

Estimated payment $3,280/month

Total Views 4,392
3 Beds
2 Baths
2,045 Sq Ft
$210 Price per Sq Ft

Highlights

  • Lake Front
  • Access To Lake
  • Reverse Osmosis System
  • Laurel Nokomis School Rated A-
  • Fitness Center
  • 2.76 Acre Lot

About This Home

Stunning water views from this immaculate "2-Story" Condo at The Isles on Palmer Ranch-not in a flood zone, minutes away from Siesta Key Beaches! This large 3-bedroom 2-bath, two car garage with storage cabinets and granite work area in the garage. This is a bright and spacious condo that is maintenance free! The location allows for the most exquisite water views, nature & wildlife from the Great Room, Primary Bedroom, Kitchen, Dinette and the screened Lanai. A spacious upgraded kitchen makes cooking and entertaining easy and fun. Kitchen has new cabinets new granite and backsplash with new led lights with Reverse Osmosis Systems (all installed in 2021). A breakfast bar has been enlarged to accommodate underneath two large cabinets. The primary bathroom has dual sinks, a separate shower, a garden large tub, well-organized walk-in-closet. Split Plan with 3 Bedrooms, one of bedroom can be use as office with elegant French Doors. Laundry Room (Washer & Dryer included), Hurricane Shutters that can be closed in 5 minutes from inside of the unit (installed in 2024) & a Security System are added bonuses that includes in HOA dues. Additional Updates include Air conditioner and air handler (installed in 2022). Whole unit has new vinyl flooring, new light fixture and ceiling fans, crown molding (all upgraded in 2021). The Community has resort style amenities including a huge heated lagoon pool, lighted tennis courts, basketball court, bocce courts, pickleball court, playground, walking trails & a shuffleboard court. The clubhouse has meeting/dining/card rooms, kitchen, fitness center & an Activities Director and onsite management. HOA fees covers TV Cable, Internet, ADT Alarm System, Water, Trash removal, Exterior maintenance. All located within the master planned community of Palmer Ranch with nearby shopping, Publix, Costco, medical facilities & I-75 access. This Condo is great for a primary or 2nd home with a maintenance free lifestyle with all the benefits of resort living! Minutes from the recently voted #1 Beach in America (Siesta Key Beach) by Trip Advisor! Also minutes away from Legacy Trails.

Listing Agent

Oksana Arritt

IMPERIAL REALTY OF FLORIDA INC Brokerage Phone: 407-346-4746 License #3233966 Listed on: 07/26/2025

Co-Listing Agent

Tetyana Vyushkina

IMPERIAL REALTY OF FLORIDA INC Brokerage Phone: 407-346-4746 License #3161333

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,883

Year Built

  • Built in 2011

Lot Details

  • Lake Front
  • End Unit
  • North Facing Home
  • Irrigation Equipment

HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Entry on the 2nd floor
  • Block Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,045 Sq Ft Home
  • 2-Story Property
  • Crown Molding
  • High Ceiling
  • Ceiling Fan
  • Blinds
  • Living Room
  • Dining Room
  • Inside Utility
  • Lake Views
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal
  • Reverse Osmosis System

Flooring

  • Concrete
  • Tile
  • Luxury Vinyl Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Upstairs
  • En-Suite Bathroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Garden Bath

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Access To Lake
  • Balcony
  • Screened Patio

Utilities

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

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, common area taxes, pool, internet, maintenance structure, ground maintenance, security, sewer, trash, water
  • Jennifer Randall Association, Phone Number (941) 922-1892
  • Visit Association Website
  • Lakeside At The Isles Condominium, Section 1 Association, Phone Number (941) 444-7090
  • The Isles On Palmer Ranch Community
  • Lakeside At Isles On Palmer Ranch Subdivision

Amenities

  • Clubhouse
  • Community Mailbox

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool

Pet Policy

  • No limit on the number of pets
  • Dogs and Cats Allowed
  • Extra large pets allowed

Security

  • Hurricane or Storm Shutters
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,883

Year Built

Built in 2011

Lot Details

0

HOA Fees

$775 per month

Parking

2

Listing Details

  • HOA Fee Includes: Cable TV, Common Area Taxes, Pool, Internet, Maintenance Structure, Maintenance Grounds, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Construction Materials: Stucco
  • Fireplace: No
  • Living Area: 2045
  • Lot Size Acres: 2.76
  • New Construction: No
  • Year Built: 2011
  • Building Area Total: 2671
  • Lot Size Sq Ft: 120242
  • Status: Active
  • Co List Office Mls Id: MFR272507888
  • Co List Office Phone: 407-346-4746
  • Ownership: Fee Simple
  • Entry Level: 2
  • Building Area Total Srch Sq M: 248.14
  • Escrow State: FL
  • Floor Number: 2
  • Minimum Lease: No Minimum
  • Number Of Pets: 10+
  • RATIO Current Price By Calculate: 209.78
  • Water Access YN: 1
  • Condo Fees Term: Quarterly
  • Property Description: End Unit
  • MFR_InLawSuiteYN: 0
  • MFR_DockYN: 0
  • MFR_CommunityAssociationWaterFeatures: Water Access
  • Attribution Contact: 407-346-4746
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Luxury Vinyl, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Crown Molding, Eat-in Kitchen, High Ceilings, PrimaryBedroom Upstairs, Stone Counters, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Kitchen Reverse Osmosis System, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Block
  • Total Bedrooms: 3
  • Levels: Two
  • Other Equipment: Irrigation Equipment
  • Stories: 2
  • Window Features: Blinds
  • Additional Rooms: Inside Utility
  • Living Area Meters: 189.99

Exterior Features

  • Direction Faces: North
  • Exterior Features: Balcony, Hurricane Shutters
  • Roof: Tile
  • Pool Private: No
  • View: Water
  • Waterfront: Yes
  • Patio and Porch Features: Patio, Screened
  • Road Surface Type: Concrete
  • Water Access: Lake
  • Water View: Lake
  • Water View YN: 1
  • Waterfront Feet Total: 0
  • Flood Zone Panel: 12115C0229G

Garage/Parking

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

Utilities

  • Utilities: Cable Connected, Electricity Connected, Public, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside, Laundry Room, Same Floor As Condo Unit
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Clubhouse, Community Mailbox, Fitness Center, Pool, Tennis Court(s)
  • Association Amenities: Cable TV
  • Association Fee Frequency: Quarterly
  • Association Name: Jennifer Randall
  • Phone: 941-922-1892
  • Association: Yes
  • Security: Fire Sprinkler System, Security System, Smoke Detector(s)
  • Senior Community: No
  • Association #2 Fee: 1182
  • Association #2 Fee Frequency: Quarterly
  • Association: Lakeside at the Isles Condominium, Section 1
  • Association Phone #2: 941-444-7090
  • Association 2 YN: 1
  • Association Approval Required YN: 1
  • Association Fee Requirement: Required
  • Condo Fees: 1142
  • Condo Land Included YN: 0
  • Association Email: jrandall@castlegroup.com
  • Monthly Condo Fee Amount: 381
  • Pet Size: Extra Large (101+ Lbs.)
  • Association URL: https://islesofsarasotahoa.sites.townsq.i

Fee Information

  • Total Annual Fees: 9296.00
  • Total Monthly Fees: 774.67

Lot Info

  • Zoning: RSF2
  • Parcel Number: 0137021030
  • Additional Parcels: No
  • Flood Zone Code: X

Rental Info

  • Furnished: Negotiable
  • Pets Allowed: Cats OK, Dogs OK
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: https://isleslakesidehoa.us/ https://pinnaclecam.com/

Tax Info

  • Tax Annual Amount: 2883
  • Tax Lot: 506

Multi Family

  • Waterfront Features: Lake Front
  • Approval Process: Buyers must contact association directly to verify information

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 $2,806 $231,290 -- --
2023 $2,806 $224,553 $0 $0
2022 $2,669 $218,013 $0 $0
2021 $2,644 $211,663 $0 $0
2020 $2,702 $208,936 $0 $0
2019 $2,602 $204,239 $0 $0
2018 $2,535 $200,431 $0 $0
2017 $2,522 $196,309 $0 $0
2016 $2,534 $268,100 $0 $268,100
2015 $2,574 $244,100 $0 $244,100
2014 $2,563 $186,620 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/21/2025 11/21/25 For Rent $2,500 0.0% --
10/31/2025 10/31/25 Price Changed $429,000 -4.5% $210 / Sq Ft
07/26/2025 07/26/25 For Sale $449,000 +55.9% $220 / Sq Ft
12/01/2020 12/01/20 Sold $288,000 -4.0% $141 / Sq Ft View Prior Sale
10/16/2020 10/16/20 Pending -- -- --
08/26/2020 08/26/20 For Sale $299,900 -- $147 / Sq Ft
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $288,000 Fidelity Natl Ttl Of Fl Inc
Special Warranty Deed $235,651 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $229,677 FHA
Source: Public Records

Source: Stellar MLS

MLS Number: S5131461

Stellar MLS

APN: 0137-02-1030