CENTURY 21 Edge
$1,200,000$1,500,0005 bd5.5 ba3,286 sqft$365 /sqft$7,701 /mo all-in ↓

740 ARABIAN CIRCLE, NOKOMIS, FL, 34275

Active184 days on marketListed Mar 20, 2026MLS #A4686962

Reduced $300KPrivate poolSingle Family ResidenceMISSION VALLEY ESTATE SEC A

About this home

740 ARABIAN CIRCLE

RARE 2-ACRE PRIVATE COMPOUND IN NOKOMIS — where space, privacy, recreation and serious storage come together in one truly unique property. 740 Arabian Circle offers far more than a beautiful home; it delivers a lifestyle that is increasingly difficult to find along Florida’s Gulf Coast. At the heart of the property is an expansive screened outdoor living area designed for year-round enjoyment, featuring a heated pool and spa, multiple covered gathering spaces, outdoor shower and an impressive tiki bar equipped for entertaining with BBQ, refrigeration and a pizza oven. Whether hosting a crowd or enjoying a quiet Florida evening, this backyard was built to be enjoyed. Inside, the home offers comfortable, functional living with thoughtful upgrades throughout, including a well-appointed kitchen with KitchenAid double ovens, pot filler and cedar pantry, along with upgraded electrical, ductwork, PVC plumbing, dual HVAC systems and a whole-home water purification system. But what truly separates this property is everything beyond the main residence. A dedicated game room with fireplace provides additional recreational space, while a climate-controlled workshop, separate office building and additional storage create tremendous flexibility for hobbies, business or personal use. Need room for the toys? The property features a substantial steel building ideal for RV, boat, collector-car or equipment storage, complete with 50-amp service. RV hookups, upgraded electrical infrastructure, a newer dedicated FPL leg and approximately 320 feet of fiber conduit further enhance the property's capabilities. With approximately TWO ACRES, multiple structures and an extraordinary combination of indoor and outdoor amenities, this property offers the freedom to live, work, entertain and store virtually everything you need — all from one private setting in Nokomis. Properties offering this combination of acreage, infrastructure, recreation and versatility are exceptionally hard to duplicate. 740 Arabian Circle isn't simply a home — it's your own private Florida compound.

Facts & features

The home at a glance

5

Bedrooms

5.5

Bathrooms

3,286

Sqft

2.01 ac

Lot size

2

Garage

1974

Year built

One

Levels

$365

Per sqft

Private poolFireplacePool & Trees/Woods viewNegotiable

Inside

FlooringCeramic Tile · Engineered Hardwood · Laminate
AppliancesBuilt-In Oven · Convection Oven · Cooktop · Dishwasher · Disposal · Dryer · Exhaust Fan · Ice Maker · Kitchen Reverse Osmosis System · Microwave · Range · Range Hood · Refrigerator · Washer · Water Filtration System · Water Purifier · Water Softener · Whole House R.O. System
InteriorAttic Fan · Attic Ventilator · Built-in Features · Ceiling Fan(s) · Crown Molding · Eating Space In Kitchen · Kitchen/Family Room Combo · Living Room/Dining Room Combo · Open Floorplan · Primary Bedroom Main Floor · Solid Surface Counters · Solid Wood Cabinets · Thermostat · Thermostat Attic Fan · Walk-In Closet(s)
LaundryLaundry Room
CoolingCentral Air · Humidity Control
HeatingCentral
FurnishedNegotiable

Outside & construction

RoofShingle
ConstructionBlock · Concrete
FoundationSlab
ViewPool · Trees/Woods
FacesNorth
ParkingBoat · Covered · Driveway · Garage Door Opener · Golf Cart Parking · Guest · Off Street · Open · Oversized · RV Carport · RV Garage · RV Parking · Split Garage · Workshop in Garage
ExteriorCourtyard · Fire Pit · French Doors · Hurricane Shutters · Irrigation System · Lighting · Outdoor Grill · Outdoor Kitchen · Outdoor Shower · Private Entrance · Private Yard · RV Hookup · Sprinkler Metered · Storage

Community & fees

Taxes (2025)$7,387/yr

Utilities & systems

UtilitiesBB/HS Internet Available · Cable Connected · Electricity Available · Electricity Connected · Fiber Optics · Private
WaterWell

The numbers

What it really costs

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

$7,701 /mo · 10% down Conventional, 30-yr fixed at 6%

Principal & interest$6,475
PMI (est., until 20% equity)$450
Property tax — 2025 actual bill$616
Insurance (FL estimate)$160

The assumptions

Loan typeConventionalDown payment10% · $120,000Loan30-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% · $120,000
Interest rate6.00%
Loan term

Estimated payment

$7,701/mo

Principal & interest$6,475
PMI (est., until 20% equity)$450
Property taxes (actual bill)$616
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.

$/sqft vs Nokomis actives

$365 vs $266

Days on market

184 vs 49 typical

Where $365/sqft sits among the 219 Nokomis actives

175
25 · this home
3
3
1
12
$194–339$339–483$483–627$627–771$771–916$916+

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 Mission Valley Estates

Drive times from this address

Downtown Tampa71 min

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

Get to know Nokomis. See the full Nokomis guide →

Mission Valley Estates — neighborhood snapshot

Population

879

Median age

63

Median income

$122,920

Median home value

$573,566

Avg household

2

Households w/ children

61%

For the school run

Sarasota County School District

ElementaryLaurel Nokomis School★★★★
HighVenice Senior High School★★★★

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

The numbers that matter

The Nokomis market

Seller’s marketLeans seller3.0 months of inventoryBuyer’s market

$450K$465K

Nokomis median sold, yr/yr

95.8%

Sale-to-list ratio (12 mo)

101 of 219

Nokomis actives have cut their price

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

This home is listed 173% above the NOKOMIS 34275 median. See the full Nokomis market guide →

Paper trail

This home's history

CurrentPrice reduced to $1,200,000 $300K
Mar 20, 2026Listed at $1,500,000 · 184 days on market since
1974Built · MISSION VALLEY ESTATE SEC A

Reality check

What actually sold near 740 ARABIAN CIRCLE

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

500 SUFFOLK CIRCLESold · Jun ’26

$1,040,000

500 SUFFOLK CIRCLE · same community

4 bd · 3 ba · 3,117 sqft · $334/sqft · 38 DOM

601 SUFFOLK CIRCLESold · Nov ’25

$1,000,000

601 SUFFOLK CIRCLE · same community

3 bd · 3 ba · 2,678 sqft · $373/sqft · 115 DOM

750 SHETLAND CIRCLESold · Sep ’26

$635,000

750 SHETLAND CIRCLE · same community

3 bd · 3 ba · 2,064 sqft · $308/sqft · 35 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.

Tyler Stoddard

Your agent

Tyler Stoddard

REALTOR · CENTURY 21 Edge

Tours, negotiation, and every question about 740 ARABIAN CIRCLE — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for 740 ARABIAN CIRCLE — before you fall in love.

See it in person

Schedule a tour

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

Straight answers

740 ARABIAN CIRCLE FAQs

What would the monthly payment be for 740 ARABIAN CIRCLE?+

With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $7,701/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 740 ARABIAN CIRCLE?+

The most recent tax bill on record (2025) was $7,387. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.

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

At $1,200,000, this home is listed about 140% above the Nokomis median of $499,945. The market section on this page shows how the area is trending.

Which schools are assigned to 740 ARABIAN CIRCLE?+

Laurel Nokomis School (elementary), Venice Senior High School (high) — Sarasota County School District. Always verify school assignments with the district before relying on them.

The brief

Five things that matter here

01Positioned at the premium end

$1,200,000 runs 173% above the NOKOMIS 34275 median — but at 3,286 sqft it's also 67% larger than the typical Nokomis 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

184 days on market against a Nokomis median of 49 — sellers in this position are usually ready to negotiate.

04Strong assigned schools

Laurel Nokomis School, Venice Senior High School — Laurel Nokomis School rates 4 of 5. Always verify assignments with the district.

05The price has already moved

Listed at $1,500,000, now $1,200,000 — a $300K cut. The full history is in the market section below.

Listing courtesy of KW SUNCOAST · Gerry Tomchinsky. MLS #A4686962.

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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