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12704 LATERAL ROOT DRIVE

House For Sale
$560,000

BTC: 6.88298918

ETH: 230.26315789

8 days
4 bds
2 ba
2,045 sqft

Overview

Welcome to 12704 Lateral Root Drive, a beautifully maintained 4-bedroom, 2.5-bath home offering 2,045 square feet of comfortable single-story living in the desirable Promenade Estates at Palmer Ranch. Built in 2021, this thoughtfully designed home combines an open, functional floor plan with modern finishes and plenty of space for everyday living and entertaining. The open-concept kitchen, dining and living areas create an inviting gathering space, while four bedrooms provide flexibility for family, guests, a home office or hobby space. One of the standout upgrades is the owner-extended lanai, which creates a significantly larger outdoor living and entertaining area complete with a full screened cage and paver flooring—the perfect setting for outdoor dining, relaxing or entertaining while enjoying Florida’s year-round lifestyle. A two-car garage provides additional storage and convenience, while the home’s Palmer Ranch location offers easy access to shopping, dining, recreation and some of Sarasota’s most popular Gulf Coast beaches. With its spacious floor plan, upgraded outdoor living area and desirable location, 12704 Lateral Root Drive offers an excellent opportunity to enjoy the Sarasota lifestyle.

Location

Details

Type:
Residential
Parking:
No Data
Year Built:
2021
Lot:
0.14 Acres
Heating:
Electric
Price/sqft:
$274
Cooling:
Central Air
HOA:
$269

Valuation

Our model vs. what's actually selling nearby.
Estimate
$646,465
$499K – $775K
Confidence Low
List vs. estimate
$86K below estimate
List $560,000 · -13.4%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$273
-14.4% vs. city median $319
Based on
31 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$5,548
2025
HOA
$269/mo
Pets
Allowed
All facts and features
  • Flooring

    • Carpet

    • Tile

    Heating

    • Electric

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Disposal

    • Dryer

    • Microwave

    • Range

    • Refrigerator

    • Washer

    Other interior features

    • Open Floorplan

    • Primary Bedroom Main Floor

    • Stone Counters

    • Walk-In Closet(s)

    Bedrooms and bathrooms

    • Bedrooms: 4

    • Bathrooms: 1

    • Full bathrooms: 2

  • Property

    • Levels: One

    • Exterior Features: Other

    Lot

    • Lot: 0.14 Acres

    Other Property Information

    • Parcel Number: 0139070047

    • Zoning: RSF1

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Electricity Connected

  • Other financial information

    • HOA: $269

    • HOA Frequency: Monthly

    • Annual tax amount: $5,549

  • Source details

    • MLS ID: A4708679

    Other facts

    • Construction Materials: Stucco

    • Foundation Details: Slab

    • Laundry Features: Laundry Room

    • Direction Faces: West

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 2045

    • Water Source: Public

    • Subdivision Name: PROMENADE ESTATES PH 1

Private inquiry
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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: PREFERRED SHORE LLC