12760 LATERAL ROOT DRIVE, SARASOTA, FL, 34238
Active1 days on marketListed Jul 31, 2026MLS #A4701716
About this home
12760 LATERAL ROOT DRIVE
5 Bedroom - 3 Bathroom home in the heart of Palmer Ranch. Palmer Ranch is centrally located in Sarasota, really in the heart of everything. Siesta Key beach is about 8 miles away, downtown Sarasota is roughly 12 miles, and shopping, dining, and everyday essentials are all right there in the surrounding area. The SRQ airport runs about 23 miles. It's one of those locations that just makes daily life easier, without residents really having to think about it. Freshly painted, new enclosed patio and outside barbeque area.
Facts & features
The home at a glance
5
Bedrooms
3
Bathrooms
2,631
Sqft
0.15 ac
Lot size
2
Garage
2023
Year built
Two
Levels
$298
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record and the real association fee — not generic estimates.
$5,398 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
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
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$5,398/mo
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.
vs edgeAI estimate
+15.6%
Days on market
1 vs 58 typical
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
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Sarasota. See the full Sarasota guide →
The numbers that matter
The Sarasota market
$470K → $470K
Sarasota median sold, yr/yr
95.1%
Sale-to-list ratio (12 mo)
Median sold price, Sarasota, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 38% above the Sarasota median. See the full Sarasota market guide →
Paper trail
This home's history
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.
Your agent
John Carpenter
CFO/Broker · CENTURY 21 Edge
Tours, negotiation, and every question about 12760 LATERAL ROOT DRIVE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 12760 LATERAL ROOT DRIVE — 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
12760 LATERAL ROOT DRIVE FAQs
What would the monthly payment be for 12760 LATERAL ROOT DRIVE?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $5,398/mo — principal and interest, the actual property-tax bill, the $188/mo association fee 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.
How much are the HOA fees at 12760 LATERAL ROOT DRIVE?+
The association fee works out to $188 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 12760 LATERAL ROOT DRIVE?+
The most recent tax bill on record (2025) was $6,237. 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 12760 LATERAL ROOT DRIVE?+
The listing reports pets: Dogs OK. 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 $785,000, this home is listed about 38% above the Sarasota median of $570,000. The market section on this page shows how the area is trending.
Listing courtesy of FLORIDA DREAMIN' REALTY GROUP INC · Bill Williams. MLS #A4701716.
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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