John Carpenter
$4,300$4,5002 bd2 ba1,068 sqft$4 /sqft$191 /mo all-in ↓

8370 WINGATE DRIVE UNIT 714, SARASOTA, FL, 34238

Active576 days on marketListed Jan 5, 2025MLS #A4634408

Priced 99% below the Sarasota medianReduced $200WaterfrontFully furnishedCondominiumPINESTONE AT PALMER RANCH

About this home

8370 WINGATE DRIVE UNIT 714

Rented January - May 1, 2027. Three (3) month minimum. Welcome to Lakefront Escape, your serene getaway in Sarasota. This 2 bedroom, 2 bathroom, ground floor condo with water view offers a perfect blend of relaxation and adventure, making it an ideal retreat to unwind and explore the beautiful surroundings. Three month minimum rental required in the Pinestone At Palmer Ranch community. With two bedrooms, this property accommodates up to four guests. The primary bedroom features a walk-in closet, while the guest bedroom offers a standard closet for your convenience. Each room is designed to provide a restful ambiance, ensuring a peaceful night's sleep after a day of exploration.The condo features two bathrooms, providing ample space for everyone to refresh and rejuvenate. A side by side full size washer and dryer is in the condo for your convenience. Enjoy the inviting living area, perfect for gathering with loved ones or enjoying a movie night on the smart TV. The fully equipped kitchen is complete with modern appliances such as a refrigerator, microwave, dishwasher, and Keurig coffee maker, making meal preparation a breeze. Local grocery shopping includes, Publix, Sprouts, Costco, Target or check out one of the local restaurants. Step outside to discover the outdoor amenities, including the Pinestone Community heated pool and hot tub, lounge chairs & tables, perfect for soaking up the sun. The property also features a grilling station and outdoor dining area around the pool, ideal for al fresco dining and enjoying the beautiful Florida weather. Stay active in the Pinestone Community with access to a fitness room, 1/2 basketball/pickleball court, and 2 tennis/pickleball courts, bocce ball, corn hole and shuffleboard. Enjoy time with family and friends around the fire pit or outdoor semi circle seating area. For those looking to explore, the Palmer Ranch walking paths and Legacy Trail are close by for walking or biking. The 18.5 mile Legacy Trail goes from the historic Venice Train Depot to near Downtown Sarasota. The stunning beaches of Siesta Key, Venice Beach and Lido are just a short drive away, along with the vibrant downtown Sarasota and St. Armands Circle, filled with shops, restaurants, and cultural attractions such as the Ringling Museum, Ringling Museum of Art, Marie Selby Botanical Gardens, Asolo Repertory Theatre, Marietta Museum of Art & Whimsy, The Sarasota Ballet, Jazz Club of Sarasota, Florida Studio Theatre, The Circus Arts Conservatory, Sarasota Art Museum, Sarasota Contemporary Dance. Whether you're seeking a peaceful escape or an adventure-filled vacation, Lakefront Escape is the perfect choice. Book your stay today and experience the best of Sarasota living! Seasonal months are January through April.

Facts & features

The home at a glance

2

Bedrooms

2

Bathrooms

1,068

Sqft

18.61 ac

Lot size

1996

Year built

One

Levels

$4

Per sqft

WaterfrontWater viewFurnished

Inside

FlooringTile
AppliancesCooktop · Dishwasher · Dryer · Electric Water Heater · Exhaust Fan · Freezer · Microwave · Range · Refrigerator · Washer
InteriorCeiling Fan(s) · Eating Space In Kitchen · Living Room/Dining Room Combo · Open Floorplan · Primary Bedroom Main Floor · Walk-In Closet(s) · Window Treatments
LaundryLaundry Closet
CoolingCentral Air
HeatingCentral · Electric · Heat Pump
FurnishedFurnished

Outside & construction

ViewWater
ParkingGuest
ExteriorSliding Doors · Tennis Court(s)

Community & fees

PetsNo
CommunityAssociation Recreation - Owned · Clubhouse · Fitness Center · Gated Community - No Guard · Irrigation-Reclaimed Water · No Truck/RV/Motorcycle Parking · Pool · Tennis Court(s)

Utilities & systems

UtilitiesElectricity Connected · Fire Hydrant · Public · Sewer Connected · Water Connected
WaterPublic

The numbers

What it really costs

Principal and interest plus estimated taxes and insurance. Run your own numbers below.

$191 /mo · 3.5% down FHA, 30-yr fixed at 6%

Principal & interest$25
FHA mortgage insurance (est.)$2
Est. property taxes (1.1%/yr)$4
Insurance (FL estimate)$160

The assumptions

Loan typeFHADown payment3.5% · $151Loan30-yr fixed at 6%Mortgage insuranceIncludedTaxesEstimated at 1.1%/yrInsuranceFlorida estimate

FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.

These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:

Andrew Acosta

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Run your own numbers

Loan type
Down payment3.5% · $151
Interest rate6.00%
Loan term

Estimated payment

$191/mo

Principal & interest$25
FHA mortgage insurance (est.)$2
Est. property taxes$4
Est. insurance$160

Includes FHA mortgage insurance and the financed 1.75% upfront premium. Estimates only — taxes at 1.1%/yr and typical insurance; your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.

Value check

Is the price right?

The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.

$/sqft vs Sarasota actives

$4 vs $343

Days on market

576 vs 62 typical

Where $4/sqft sits among the 400 Sarasota actives

111 · this home
146
50
36
27
30
$4–253$253–502$502–751$751–1000$1000–1249$1249+

The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.

Where it sits

Inside Sarasota

Map of 8370 WINGATE DRIVE UNIT 714

Drive times from this address

Downtown Tampa69 min

Estimated driving times, typical traffic. Data © OpenStreetMap contributors.

Get to know Sarasota. See the full Sarasota guide →

The numbers that matter

The Sarasota market

Seller’s marketLeans seller4.6 months of inventoryBuyer’s market

$475K$495K

Sarasota median sold, yr/yr

95.2%

Sale-to-list ratio (12 mo)

160 of 400

Sarasota actives have cut their price

Median sold price, Sarasota, trailing 36 months (3-month rolling) · live MLS data.

This home is listed 99% below the Sarasota median. See the full Sarasota market guide →

Paper trail

This home's history

CurrentPrice reduced to $4,300 $200
Jan 5, 2025Listed at $4,500 · 576 days on market since
1996Built · PINESTONE AT PALMER RANCH

Reality check

What actually sold near 8370 WINGATE DRIVE UNIT 714

Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.

8370 WINGATE DRIVE UNIT 718Sold · Feb ’26

$275,000

8370 WINGATE DRIVE UNIT 718 · same community

2 bd · 2 ba · 1,068 sqft · $257/sqft · 0 DOM

8355 GLENROSE WAY UNIT 113Sold · Jun ’26

$249,900

8355 GLENROSE WAY UNIT 113 · same community

2 bd · 2 ba · 1,068 sqft · $234/sqft · 4 DOM

4210 BREEZEWAY BOULEVARD UNIT 413Sold · May ’26

$259,000

4210 BREEZEWAY BOULEVARD UNIT 413 · same community

2 bd · 2 ba · 1,068 sqft · $243/sqft · 16 DOM

Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.

Your home team

The pros in your corner

Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.

John Carpenter

Your agent

John Carpenter

CFO/Broker · CENTURY 21 Edge

Tours, negotiation, and every question about 8370 WINGATE DRIVE UNIT 714 — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for 8370 WINGATE DRIVE UNIT 714 — before you fall in love.

See it in person

Schedule a tour

Live availability from John's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.

Straight answers

8370 WINGATE DRIVE UNIT 714 FAQs

What would the monthly payment be for 8370 WINGATE DRIVE UNIT 714?+

With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $191/mo — principal and interest, estimated property taxes and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.

Are pets allowed at 8370 WINGATE DRIVE UNIT 714?+

The listing reports pets: No. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.

How does the price compare to other homes in Sarasota?+

At $4,300, this home is listed about 99% below the Sarasota median of $574,900. The market section on this page shows how the area is trending.

The brief

Four things that matter here

01Under the Sarasota market on paper

$4,300 is 99% below the Sarasota median of $574,900, and at $4/sqft it sits under the Sarasota average of $498.

02Waterfront living

This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.

03Time on market is leverage

576 days on market against a Sarasota median of 62 — sellers in this position are usually ready to negotiate.

04The price has already moved

Listed at $4,500, now $4,300 — a $200 cut. The full history is in the market section below.

Listing courtesy of M&M PROPERTY MANAGEMENT GROUP · Jana Nizny. MLS #A4634408.

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.

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