12760 LATERAL ROOT DRIVE, SARASOTA, FL, 34238
Active37 days on marketListed Jun 25, 2026MLS #A4698102
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. 5BR/3BA home for rent in gated Palmer Ranch. Features include a full stainless steel appliance package, granite kitchen counters, extended tile flooring on the main level, and a smart home system. Available, the first week of July 2026, Community amenities include a clubhouse, fitness center, resort style pool, splash pad, Tot Lot, sand volleyball, half basketball court, and a pet park. Located in Sarasota's desirable Palmer Ranch, known for top rated schools, mature landscaping, and convenience to Siesta Key beaches, Legacy Trail, shopping, dining, and everyday essentials. Central Sarasota location with easy access to downtown and SRQ Airport.
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
$1
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Principal and interest plus estimated taxes and insurance. Run your own numbers below.
$187 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
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
Estimated payment
$187/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Estimates only — taxes at 1.1%/yr and typical insurance; 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 Sarasota actives
$1 vs $343
Days on market
37 vs 58 typical
Where $1/sqft sits among the 400 Sarasota actives
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)
153 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 99% below the Sarasota median. See the full Sarasota market guide →
Paper trail
This home's history
Reality check
What actually sold near 12760 LATERAL ROOT DRIVE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Jun ’26$483,500
5667 WOODLAND SAGE DRIVE · same community
4 bd · 2.5 ba · 2,045 sqft · $236/sqft · 14 DOM
Sold · Jun ’26$500,000
5744 WOODLAND SAGE DRIVE · same community
4 bd · 2.5 ba · 2,045 sqft · $244/sqft · 19 DOM
Sold · Jun ’26$1,002,500
5820 MILLENNIUM SILVER COURT · same community
5 bd · 4 ba · 3,840 sqft · $261/sqft · 44 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.
Your agent
Shawn Headley
Real Estate Agent · 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 Shawn'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 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $187/mo — principal and interest, estimated property taxes 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.
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 $3,700, this home is listed about 99% below the Sarasota median of $570,000. The market section on this page shows how the area is trending.
Keep looking
Similar homes nearby
Listing courtesy of FLORIDA DREAMIN' REALTY GROUP INC · Bill Williams. MLS #A4698102.
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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