John Carpenter
$2,250,0005 bd5.5 ba3,434 sqft$655 /sqft$13,646 /mo all-in ↓

440 S LIME AVENUE, SARASOTA, FL, 34237

Active303 days on marketListed Oct 4, 2025MLS #A4666533

New constructionPrivate poolSingle Family ResidenceTERRACE GARDENS B

About this home

440 S LIME AVENUE

Pre-Construction. To be built. Welcome to this stunning 3,434 sq. ft. single-story residence, where modern luxury meets timeless Italian craftsmanship. Ideally located within Sarasota city limits, this property qualifies for weekly rentals—a rare and highly desirable feature that opens the door to significant income opportunities in one of the area’s most sought-after vacation rental markets. This 5-bedroom, 5.5-bathroom residence is designed with both style and functionality in mind. Showcasing imported Italian fixtures, custom cabinetry, and premium flooring throughout, every detail reflects Milano Homes’ signature quality and sophistication. The expansive open-concept kitchen and living area are perfect for entertaining, while floor-to-ceiling hurricane-rated windows and sliding glass doors bathe the space in natural light and create a seamless connection to the outdoors. Step outside to your private retreat featuring a sparkling pool, sun-soaked deck, and ample space for relaxation or entertaining under the Florida sky. Perfectly positioned just minutes from downtown Sarasota, residents and guests will enjoy easy access to boutique shopping, fine dining, award-winning beaches, the scenic Legacy Trail, and local parks with tennis and pickleball courts. Whether you’re looking for a full-time residence, seasonal escape, or an income-producing short-term rental, this home offers a rare opportunity to enjoy the Sarasota lifestyle while capitalizing on high-demand weekly rental potential. Work hand-in-hand with the dedicated Milano Homes professionals to personalize this custom residence, creating a one-of-a-kind dream home tailored just for you.

Facts & features

The home at a glance

5

Bedrooms

5.5

Bathrooms

3,434

Sqft

0.28 ac

Lot size

3

Garage

2026

Year built

One

Levels

$655

Per sqft

Private poolFireplacePets allowed

Inside

FlooringTile · Hardwood
AppliancesDishwasher · Disposal · Dryer · Refrigerator · Washer
InteriorBuilt-in Features · Open Floorplan · Primary Bedroom Main Floor
LaundryInside
CoolingCentral Air
HeatingCentral

Outside & construction

RoofMetal
ConstructionCement Siding
FoundationSlab
FacesNortheast
ExteriorSidewalk · Sliding Doors

Community & fees

Taxes (2023)$6,011/yr
PetsYes

Utilities & systems

UtilitiesElectricity Connected · Water Connected
WaterPublic

The numbers

What it really costs

Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.

$13,646 /mo · 10% down Conventional, 30-yr fixed at 6%

Principal & interest$12,141
PMI (est., until 20% equity)$844
Property tax — 2023 actual bill$501
Insurance (FL estimate)$160

The assumptions

Loan typeConventionalDown payment10% · $225,000Loan30-yr fixed at 6%Mortgage insuranceIncludedTaxesActual bill on recordInsuranceFlorida estimate

Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.

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

FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.

Down payment10% · $225,000
Interest rate6.00%
Loan term

Estimated payment

$13,646/mo

Principal & interest$12,141
PMI (est., until 20% equity)$844
Property taxes (actual bill)$501
Est. insurance$160

Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. 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.

List $2.3M
$2.2MedgeAI estimate $2,343,279 · range $2.2M$2.5M$2.6M

vs edgeAI estimate

−4%

$/sqft vs Sarasota actives

$655 vs $343

Days on market

303 vs 58 typical

Where $655/sqft sits among the 400 Sarasota actives

221
61
36 · this home
33
19
30
$158–377$377–597$597–816$816–1035$1035–1254$1254+

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 Gardens Of Ringling Park

Map of 440 S LIME AVENUE inside its neighborhood boundary

Drive times from this address

Downtown Tampa64 min
Tampa Int’l Airport (TPA)72 min

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

Get to know Sarasota. See the full Sarasota guide →

Gardens Of Ringling Park — neighborhood snapshot

Population

1,392

Median age

49

Median income

$73,533

Median home value

$353,300

Avg household

2

Households w/ children

176

For the school run

Sarasota County School District

ElementaryAlta Vista Elementary School★★★★★
HighSarasota High School★★★★★
MiddleBooker Middle School★★★★

School assignments and ratings via edgeAI — always verify with the district.

The numbers that matter

The Sarasota market

Seller’s marketBalanced5.4 months of inventoryBuyer’s market

$475K$495K

Sarasota median sold, yr/yr

95.2%

Sale-to-list ratio (12 mo)

152 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 974% above the SARASOTA 34237 median. See the full Sarasota market guide →

Paper trail

This home's history

Oct 4, 2025Listed at $2,250,000 · 303 days on market since
2026Built · TERRACE GARDENS B

Reality check

What actually sold near 440 S LIME AVENUE

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

2323 OKOBEE DRIVESold · May ’26

$3,495,000

2323 OKOBEE DRIVE

4 bd · 4.5 ba · 3,497 sqft · $999/sqft · 0 DOM

1642 ARLINGTON STREETSold · Apr ’26

$2,600,000

1642 ARLINGTON STREET

6 bd · 4 ba · 3,535 sqft · $736/sqft · 36 DOM

2375 FLOYD STREETSold · Jan ’26

$2,085,000

2375 FLOYD STREET

5 bd · 6 ba · 3,555 sqft · $586/sqft · 53 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 440 S LIME AVENUE — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for 440 S LIME AVENUE — 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

440 S LIME AVENUE FAQs

What would the monthly payment be for 440 S LIME AVENUE?+

With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $13,646/mo — principal and interest, the actual property-tax bill 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.

What are the property taxes on 440 S LIME AVENUE?+

The most recent tax bill on record (2023) was $6,011. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.

Are pets allowed at 440 S LIME AVENUE?+

The listing reports pets: Yes. 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 $2,250,000, this home is listed about 295% above the Sarasota median of $570,000. The market section on this page shows how the area is trending.

Which schools are assigned to 440 S LIME AVENUE?+

Alta Vista Elementary School (elementary), Sarasota High School (high), Booker Middle School (middle) — Sarasota County School District. Always verify school assignments with the district before relying on them.

The brief

Three things that matter here

01Positioned at the premium end

$2,250,000 runs 974% above the SARASOTA 34237 median — but at 3,434 sqft it's also nearly twice the size of the typical Sarasota listing.

02Your own pool

A private pool — the feature Florida buyers ask for first, already in the ground and included in the price.

03Time on market is leverage

303 days on market against a Sarasota median of 58 — sellers in this position are usually ready to negotiate.

Listing courtesy of COLDWELL BANKER REALTY · Rinat Sikdar. MLS #A4666533.

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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