12704 LATERAL ROOT DRIVE, SARASOTA, FL, 34238
Active3 days on marketListed Oct 7, 2026MLS #A4708679
About this home
12704 LATERAL ROOT DRIVE
Welcome to 12704 Lateral Root Drive, a beautifully maintained 4-bedroom, 2.5-bath home offering 2,045 square feet of comfortable single-story living in the desirable Promenade Estates at Palmer Ranch. Built in 2021, this thoughtfully designed home combines an open, functional floor plan with modern finishes and plenty of space for everyday living and entertaining. The open-concept kitchen, dining and living areas create an inviting gathering space, while four bedrooms provide flexibility for family, guests, a home office or hobby space. One of the standout upgrades is the owner-extended lanai, which creates a significantly larger outdoor living and entertaining area complete with a full screened cage and paver flooring—the perfect setting for outdoor dining, relaxing or entertaining while enjoying Florida’s year-round lifestyle. A two-car garage provides additional storage and convenience, while the home’s Palmer Ranch location offers easy access to shopping, dining, recreation and some of Sarasota’s most popular Gulf Coast beaches. With its spacious floor plan, upgraded outdoor living area and desirable location, 12704 Lateral Root Drive offers an excellent opportunity to enjoy the Sarasota lifestyle.
Facts & features
The home at a glance
4
Bedrooms
2.5
Bathrooms
2,045
Sqft
0.14 ac
Lot size
2021
Year built
One
Levels
$274
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record and the real association fee — not generic estimates.
$4,436 /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
$4,436/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. 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.
vs edgeAI estimate
+19.3%
$/sqft vs Sarasota actives
$274 vs $371
Days on market
3 vs 85 typical
Where $274/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 →
SARASOTA 34238 — neighborhood snapshot
Population
22,808
Median age
63.9
Median income
$94,583
Median home value
$532,800
Avg household
1.94
Households w/ children
1,611
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)
191 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 108% above the SARASOTA 34238 median. See the full Sarasota market guide →
Paper trail
This home's history
Reality check
What actually sold near 12704 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 · Aug ’26$478,000
5625 SOFT SKIES DRIVE · same community
4 bd · 2.5 ba · 2,045 sqft · $234/sqft · 202 DOM
Sold · Dec ’25$500,000
12665 PROMENADE ESTATES BOULEVARD · same community
4 bd · 2.5 ba · 2,045 sqft · $244/sqft · 452 DOM
Sold · Sep ’26$400,000
12667 NIGHT VIEW DRIVE · same community
3 bd · 2 ba · 1,682 sqft · $238/sqft · 18 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
Leila Sabat
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 12704 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 12704 LATERAL ROOT DRIVE — before you fall in love.
See it in person
Schedule a tour
Live availability from Leila's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
12704 LATERAL ROOT DRIVE FAQs
What would the monthly payment be for 12704 LATERAL ROOT DRIVE?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $4,436/mo — principal and interest, the actual property-tax bill, the $269/mo association fee 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.
How much are the HOA fees at 12704 LATERAL ROOT DRIVE?+
The association fee works out to $269 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 12704 LATERAL ROOT DRIVE?+
The most recent tax bill on record (2025) was $5,549. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 12704 LATERAL ROOT DRIVE?+
The listing reports pets: Cats OK, 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 $560,000, this home is listed about 2% above the Sarasota median of $550,000. The market section on this page shows how the area is trending.
Which schools are assigned to 12704 LATERAL ROOT DRIVE?+
Sarasota Middle School (middle), Ashton Elementary School (elementary), Riverview 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
01Positioned at the premium end
$560,000 runs 108% above the SARASOTA 34238 median — but at 2,045 sqft it's also 22% larger than the typical Sarasota listing.
02Fresh on the market
Only 3 days on market in a Sarasota market that averages 85 — if it fits, move quickly.
03Strong assigned schools
Sarasota Middle School, Ashton Elementary School, Riverview High School — Sarasota Middle School rates 4 of 5. Always verify assignments with the district.
Keep looking
Similar homes nearby
Listing courtesy of PREFERRED SHORE LLC · Richard Tyson. MLS #A4708679.
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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