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8506 FRANGIPANI TERRACE

House Active With Contract
$640,000

BTC: 10.66666667

ETH: 366.55211913

4 days
3 bds
2 ba
1,862 sqft

Overview

Under contract-accepting backup offers. Welcome to 8506 Frangipani Terrace, located in the highly sought after Windward at Lakewood Ranch community. This meticulously maintained Dream 2 model offers 3 bedrooms, 2 bathrooms, a den, pool and an extended 2 car garage on a premier corner lot. No future home is planned for the property directly behind due to the presence of a mature, stately live oak tree whose beauty can be enjoyed from nearly every common room in the home. Originally purchased as a second home before the owner’s plans changed, this never occupied residence shows like a meticulously maintained model home throughout. Walking through the front door, you are welcomed by an open floor plan with peaceful views of the backyard pool area and privacy landscaping. A pocket sliding glass door opens seamlessly to the clearview screened and pavered lanai area featuring a new heated saltwater pool, creating the ideal indoor/outdoor living experience. The gourmet kitchen features upgraded cabinetry, quartz countertops, GE appliances, a spacious center island, and a generous walk in pantry. Wood look tile flows throughout the main living areas and den, while upgraded carpeting adds warmth and comfort to the bedrooms. Additional upgrades and highlights include tray ceilings with crown molding in the great room, upgraded lighting and plumbing fixtures, plantation shutters, motorized privacy blind in the living room, recessed lighting throughout, impact glass windows and doors throughout, an extended 2 car garage with epoxy flooring, a smart home security system, a 240V electric vehicle hookup, and 8 foot doors and doorways that further enhance the spacious feel of the home. Privately situated at the rear of the home, the owner’s suite offers oversized walk in closets and a beautifully upgraded ensuite bathroom with dual vanities, upgraded cabinetry, designer tile selections, and a large walk in shower. Two guest bedrooms and a secondary bathroom are positioned on the opposite side of the home, while the den provides flexibility for a home office, sitting room, or media space. Windward is one of Lakewood Ranch’s premier gated communities, offering resort style amenities including a swimming pool, children’s pool, spa, pickleball courts, tennis courts, dog parks, clubhouse, fitness center, playground, and an onsite activities director coordinating social events throughout the year. Conveniently located near Waterside Place, downtown Sarasota, dining, shopping, and the area’s best beaches, this home offers the perfect blend of luxury, privacy, and convenience. Why wait to build when you can move right into this beautifully upgraded, move in ready home?

Location

Details

Type:
Residential
Parking:
Electric Vehicle Charging Station(s) / Oversized
Year Built:
2024
Lot:
0.15 Acres
Heating:
Central
Price/sqft:
$344
Cooling:
Central Air
HOA:
$884

Valuation

Our model vs. what's actually selling nearby.
Estimate
$569,977
$495K – $786K
Confidence Low
List vs. estimate
$70K above estimate
List $640,000 · +12.3%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$343
+5.2% vs. city median $326
Based on
54 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$8,025
2025
HOA
$884/qtr
Community Pool, Maintenance Grounds, Manager
Pool
Heated
Garage
2 car garage
Pets
Allowed
All facts and features
  • Flooring

    • Carpet

    • Tile

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Dryer

    • Range

    • Refrigerator

    • Washer

    Other interior features

    • Ceiling Fan(s)

    • Coffered Ceiling(s)

    • Eating Space In Kitchen

    • Kitchen/Family Room Combo

    • Open Floorplan

    • Primary Bedroom Main Floor

    • Smart Home

    • Solid Surface Counters

    • Split Bedroom

    • Tray Ceiling(s)

    • Walk-In Closet(s)

    • Window Treatments

    Bedrooms and bathrooms

    • Bedrooms: 3

    • Full bathrooms: 2

  • Parking

    • Electric Vehicle Charging Station(s)

    • Oversized

    Property

    • Levels: One

    • Pool Private: Yes

    • Exterior Features: Sidewalk / Sliding Doors

    Lot

    • Lot: 0.15 Acres

    Other Property Information

    • Parcel Number: 0208090111

    • Zoning: VPD

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Electricity Connected

    • Natural Gas Connected

    • Water Connected

  • Other financial information

    • HOA: $884

    • HOA Frequency: Quarterly

    • Annual tax amount: $8,025

  • Source details

    • MLS ID: A4694557

    Other facts

    • Construction Materials: Block / Stucco

    • Foundation Details: Slab

    • Laundry Features: Gas Dryer Hookup / Laundry Room

    • Lot Features: Corner Lot

    • Patio And Porch Features: Covered / Front Porch / Patio / Screened

    • Pool Features: Heated / Salt Water / Screen Enclosure

    • Window Features: Storm Window(s) / Window Treatments

    • Direction Faces: Northeast

    • Garage Spaces: 2

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 1862

    • Water Source: Public

    • Subdivision Name: WINDWARD/LAKEWOOD RANCH 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: KW COASTAL LIVING III