
2516 E MILMAR DRIVE, SARASOTA, FL, 34237
Active17 days on marketListed Jul 23, 2026MLS #A4700860
About this home
2516 E MILMAR DRIVE
Discover the perfect blend of comfort, space, and Florida living in this pet-friendly Sarasota rental home featuring a spacious open-concept floor plan, abundant natural light, and a fully fenced backyard ideal for entertaining and outdoor enjoyment! The kitchen features granite countertops, solid wood cabinetry, stainless steel appliances, and a convenient built-in serving area perfect for a coffee bar or hosting guests. Multiple living spaces, including a bright family room, provide flexibility for both everyday living and entertaining! Stylish finishes throughout include tile flooring in the main living areas, original, fully-tiled bathrooms, and wood flooring in the guest bedrooms. The oversized primary suite features private patio access through sliding glass doors, four closets, a spacious en-suite bath, and a distinctive curved wood ceiling that adds warmth and character to the space. Two additional bedrooms include ceiling fans and large closets for exceptional storage, with one bedroom including an en suite bathroom for added privacy. Step outside to your private backyard oasis complete with a large paved patio, dedicated fire pit area, storage shed, and premium vinyl fencing. This home is ideally located less than 2 miles away from the cultural hub of downtown Sarasota! You're only minutes away from experiencing Sarasota's fine arts, live music, opera, theaters, festivals, and countless shopping and dining options. Conveniently located near Sarasota's world-famous beaches, shopping, dining, parks, and major commuter routes, this move-in ready single-family home for rent offers the space, privacy, and modern features you are looking for. ADDITIONAL FEES AND RENTAL INFORMATION: Application fee: $100 Application fee Move-In Funds: Minimum 1st month rent, 1 month security deposit. PMI Southwest Florida has partnered with Obligo to provide a security deposit alternative to qualified renters Pets: One cat or small dog was considered; no dangerous breeds. $250 Refundable pet fee and $25 pet rent. THIRD PARTY PET SCREENING SERVICE: ALL applicants must complete pet screening. Create a pet and/or animal profile or "no pet" profile. You will receive a separate email to connect with our service provider and to complete your pet application (note: there is cost of $30/$25 for the first pet and $25/$20 for each additional pet.) This pet profile must be completed for your application to be considered completed. Medically necessary animals for the benefit of the occupant(s) are permitted with valid documentation from a medical or mental healthcare provider. Fees and deposits are waived for medically necessary animals. THE ESA APPROVAL MUST BE OBTAINED WITH OUR PET SCREENING SERVICE. PMI SWFL does not review/evaluate ESA documents for approval. Qualifications: We run a complete background check that includes credit, income verification, prior landlord and eviction history. In terms of credit, we look at the entire picture as opposed to just the credit score, but in general, we do require a score over 550. This property is professionally managed by PMI Southwest Florida.
Facts & features
The home at a glance
3
Bedrooms
3
Bathrooms
1,737
Sqft
0.2 ac
Lot size
1953
Year built
One
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.
$180 /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
$180/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
$2 vs $344
Days on market
17 vs 62 typical
Where $2/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 Gardens Of Ringling Park
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Sarasota. See the full Sarasota guide →
Gardens Of Ringling Park — neighborhood snapshot
Population
1,392
Median age
49
Median income
$73,533
Median home value
$353,300
Avg household
2
Households w/ children
176
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)
162 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 34237 median. See the full Sarasota market guide →
Paper trail
This home's history
Reality check
What actually sold near 2516 E MILMAR DRIVE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Apr ’26$410,000
2616 MARTIN STREET · same community
3 bd · 1 ba · 1,100 sqft · $373/sqft · 172 DOM
Sold · Nov ’25$1,895,000
2485 S MILMAR DRIVE · same community
4 bd · 3.5 ba · 2,876 sqft · $659/sqft · 156 DOM
Sold · Nov ’25$1,845,000
2492 S MILMAR DRIVE · same community
4 bd · 4 ba · 3,352 sqft · $550/sqft · 325 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
Iain Robinson
Broker Associate · CENTURY 21 Edge
Tours, negotiation, and every question about 2516 E MILMAR DRIVE — start here.

Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 2516 E MILMAR DRIVE — before you fall in love.
See it in person
Schedule a tour
Live availability from Iain's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
2516 E MILMAR DRIVE FAQs
What would the monthly payment be for 2516 E MILMAR DRIVE?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $180/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 2516 E MILMAR DRIVE?+
The listing reports pets: 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 $2,700, this home is listed about 100% below the Sarasota median of $561,785. The market section on this page shows how the area is trending.
Which schools are assigned to 2516 E MILMAR DRIVE?+
Alta Vista Elementary School (elementary), Sarasota High School (high), Booker Middle School (middle) — Sarasota County School District. Always verify school assignments with the district before relying on them.
Keep looking
Similar homes nearby
Listing courtesy of PMI SOUTHWEST FLORIDA · Brandon Green. MLS #A4700860.
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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