7420 NEWHAM LANE, SARASOTA, FL, 34240
Pending30 days on marketListed Jul 10, 2026MLS #A4698910
About this home
7420 NEWHAM LANE
Unfurnished Annual Rental Available 9/1/26. Waterfront living truly doesn’t get much better than this. Sought-after Waterside at Lakewood Ranch, this home offers a vibrant lifestyle with scenic lakes, beautiful walking trails, parks, waterfront dining, boutique shopping and year-round community events—all just minutes from UTC, downtown Sarasota and the area’s world-famous Gulf beaches. Live where every day feels like a vacation! This thoughtfully designed townhome has a desirable northeast-facing orientation, the home is filled with natural light, especially in the mornings—perfect for enjoying sunrises from your second-floor balcony. Inside, you'll find a spacious layout with ensuite bathrooms in each bedroom. The primary suite includes a beautifully upgraded bathroom with an oversized shower and rainfall showerhead for a spa-like experience. A private elevator adds a touch of luxury and convenience, and the hurricane-impact windows provide extra safety and energy efficiency. The large, attached 2-car garage includes extra storage under the stairs, helping you stay organized and eliminating the need for off-site storage. The rent includes interior pest control, landscaping, irrigation, access to community amenities, and trash collection.
Facts & features
The home at a glance
3
Bedrooms
3.5
Bathrooms
2,355
Sqft
0.05 ac
Lot size
2
Garage
2024
Year built
Three Or More
Levels
$2
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.
$192 /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
$192/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 EMERALD LANDING AT WATERSIDE
$2 vs $311
Days on market
30 vs 62 typical
Where $2/sqft sits among the 7 homes for sale in EMERALD LANDING AT WATERSIDE
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 Waterside
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Sarasota. See the full Sarasota guide →
Waterside — neighborhood snapshot
Population
768
Median age
57
Median income
$133,608
Median home value
$753,200
Avg household
3
Households w/ children
57%
For the school run
Sarasota County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Sarasota market
$475K → $493K
Sarasota median sold, yr/yr
95.2%
Sale-to-list ratio (12 mo)
2 of 7
EMERALD LANDING AT WATERSIDE 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 34240 median. See the full Sarasota market guide →
Paper trail
This home's history
Reality check
What actually sold near 7420 NEWHAM LANE
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$649,990
7212 SUTTON LANE · same community
3 bd · 3.5 ba · 2,344 sqft · $277/sqft · 36 DOM
Sold · Sep ’25$694,990
7404 NEWHAM LANE · same community
3 bd · 3.5 ba · 2,332 sqft · $298/sqft · 318 DOM
Sold · Dec ’25$704,990
7232 SUTTON LANE · same community
3 bd · 3.5 ba · 2,332 sqft · $302/sqft · 202 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
Kamilla Pagotto
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 7420 NEWHAM LANE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 7420 NEWHAM LANE — before you fall in love.
See it in person
Schedule a tour
Live availability from Kamilla's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
7420 NEWHAM LANE FAQs
What would the monthly payment be for 7420 NEWHAM LANE?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $192/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 7420 NEWHAM LANE?+
The listing reports pets: Breed Restrictions, Cats OK, Dogs OK, Yes. 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 $4,395, this home is listed about 99% below the Sarasota median of $565,000. The market section on this page shows how the area is trending.
Which schools are assigned to 7420 NEWHAM LANE?+
Tatum Ridge Elementary School (elementary), McIntosh Middle School (middle), Booker High School (high) — Sarasota County School District. Always verify school assignments with the district before relying on them.
The brief
Three things that matter here
01Under the SARASOTA 34240 market on paper
$4,395 is 99% below the SARASOTA 34240 median of $625,000, and at $2/sqft it sits under the Sarasota average of $495.
02Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
03Strong assigned schools
Tatum Ridge Elementary School, McIntosh Middle School, Booker High School — Tatum Ridge Elementary School rates 4 of 5. Always verify assignments with the district.
Keep looking
Similar homes nearby
Listing courtesy of RE/MAX ALLIANCE GROUP · Andrew Barnard. MLS #A4698910.
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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