3218 SUMAC TERRACE, SARASOTA, FL, 34237
Active16 days on marketListed Oct 22, 2026MLS #A4710300
About this home
3218 SUMAC TERRACE
Located in the ONLY Resident Owned Resort Style Park in the City limits of Sarasota!! This is a lovely 2 bed 2 bath turnkey furnished home offers 1,180sf of living space with the enclosed Florida room - all under the main AC. The updated floors ( and sub floors) have eye pleasing laminate and tile. 2024 windows (excluding baths) throughout and several structural updates show this home has been loved and cared for by a multi generational family for many years. THE SPACE: The KITCHEN provides ample cooking and storage cabinets, including a pantry. Appliances include a flat stove, range hood, dishwasher, fridge and microwave. The split plantation shutters in the LIVING room and dining room really dress up the space. Relax and watch your favorite shows on the large flat screen TV. The DINING room has a family size table with comfortable seating and the built in server/buffet hosting loads of invaluable storage and a long counter top that can serve as a food buffet style space when hosting friends and family. The PRIMARY BEDROOM is spacious with 3 closets and built in drawers! The en suite shower bath gives privacy from the main guest bath. The GUEST BEDROOM has 2 twin beds ( so plenty of room for a larger bed if desired ) a built in dresser and 2 closets. The outdoor storage (SHED) houses a washer dryer, the water heater, storage space and an overhead shelf. The FLORIDA ROOM can be enjoyed year round - refurbished in 2024 and faces North (no afternoon sun beating in the windows). With AC from the main home - this is a great multi use area where one can enjoy reading, a card/game area, office or den - in 2024 the Roof, windows, walls, flooring, entry door and sliding door were all updated. UPDATES/AGES: Main ROOF Over TPO 2019 with warranty, 2024 FLORIDA ROOM was rebuilt with new TPO Roof Over with warranty / Windows / Walls / Flooring / Exterior Door / Sliding glass door to living room. 2024 CARPORT was partially replaced and structurally updated to most recent hurricane codes, WINDOWS replaced 2024 (excluding baths), HVAC was replaced 2022 with warranty and serviced 10/2026, SKIRTING replaced 2024, 40 gal Rheem WATER HEATER was relocated to the shed. SEWER line replaced to the pea trap. Home was tented in 2018. **Please check with each vendor regarding their transfer requirements and continued warranty programs for buyer.** COMMUNITY FEATURES: The gated 90 acre community boasts a low maintenance fee with its vast amenities, starting with the spacious Clubhouse outfitted with a full commercial cook kitchen, event stage, audio/visual, dance floor, state of the art fitness room, activities hall, library with books/movies/puzzles and a pool table. Outside recreation includes an extra large heated pool with a handicap ramp, a spacious kidney shaped hot tub, ample umbrella tables and lounge chairs and updated shower rooms. Oak trees shade the beautiful park area, picnic tables and a community grill. Additional amenities to enjoy are the community putt putt course, bocce ball, ping pong and corn hole. Oakwood Manor is a vibrant community with numerous social events and activities. It is conveniently located adjacent to Legacy Trail and 12 newer pickle ball courts. Just a short drive to our crystal sand beaches, downtown area, the marina, fishing pier, local golf courses, shopping, variety of restaurants, the museum, SRQ airport, SMH and Doctors hospitals. Please note that Oakwood is a 55+, no pet, no motorcycle Park.
Facts & features
The home at a glance
2
Bedrooms
2
Bathrooms
1,180
Sqft
0.1 ac
Lot size
1974
Year built
One
Levels
$140
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.
$1,709 /mo · 3.5% down FHA, 30-yr fixed at 7.5%
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
$1,709/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.
Can I afford this home? → See what you can comfortably afford from your income, debts and savings.
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
+19.2%
$/sqft vs OAKWOOD MANOR
$140 vs $152
Days on market
16 vs 67 typical
Where $140/sqft sits among the 19 homes for sale in OAKWOOD MANOR
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 Oakwood Manor
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Sarasota. See the full Sarasota guide →
Oakwood Manor — neighborhood snapshot
Population
1,178
Median age
48
Median income
$50,625
Median home value
$170,700
Avg household
2
Households w/ children
77%
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
$450K → $491K
Sarasota median sold, yr/yr
95.4%
Sale-to-list ratio (12 mo)
8 of 19
OAKWOOD MANOR have cut their price
Median sold price, Sarasota, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 20% below the SARASOTA 34237 median. See the full Sarasota market guide →
Paper trail
This home's history
Reality check
What actually sold near 3218 SUMAC TERRACE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Sep ’26$223,000
415 OAKWOOD BOULEVARD W · same community
2 bd · 2 ba · 1,160 sqft · $192/sqft · 2 DOM
Sold · Nov ’25$109,500
3213 SUMAC TERRACE · same community
2 bd · 2 ba · 1,152 sqft · $95/sqft · 321 DOM
Sold · Nov ’25$160,000
105 WHITE OAK TERRACE · same community
2 bd · 2 ba · 1,152 sqft · $139/sqft · 49 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 3218 SUMAC TERRACE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 3218 SUMAC TERRACE — 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
3218 SUMAC TERRACE FAQs
What would the monthly payment be for 3218 SUMAC TERRACE?+
With 3.5% down on a 30-year FHA loan at 7.5%, the all-in payment lands around $1,709/mo — principal and interest, the actual property-tax bill, the $210/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 3218 SUMAC TERRACE?+
The association fee works out to $210 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 3218 SUMAC TERRACE?+
The most recent tax bill on record (2025) was $1,621. 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 3218 SUMAC TERRACE?+
The listing reports pets: No. 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 $164,800, this home is listed about 71% below the Sarasota median of $559,000. The market section on this page shows how the area is trending.
Which schools are assigned to 3218 SUMAC TERRACE?+
Tuttle 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 PALM REALTY SERVICES LLC · Angela Bryson. MLS #A4710300.
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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