LUCENT PLACE, SARASOTA, FL, 34240
Active10 days on marketListed Oct 28, 2026MLS #A4710974
About this home
LUCENT PLACE
**Prime 2.73-Acre Development Site in the Waterside neighborhood in Lakewood Ranch, Sarasota** An exceptional opportunity in the heart of the Waterside/Lakewood Ranch growth corridor. This approximately 2.73-acre (118,812 SF) vacant parcel on Lucent Place, offers outstanding visibility and access in one of Sarasota's busiest and fastest growing neighborhoods. Zoned VPD and located in Flood Zone X, the site is well-positioned for a variety of commercial uses, including restaurant, retail, medical, and service-oriented development. The parcel benefits from its proximity to the Grand Living community and the surrounding residential rooftops of Waterside, with strong daily traffic counts and a trade area that continues to expand. Offered for sale, with a ground lease considered. A rare chance to secure a premier parcel in one of Southwest Florida's most dynamic markets.
Facts & features
The home at a glance
2.73 ac
Lot size
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 — not generic estimates.
$19,816 /mo · 10% down Conventional, 30-yr fixed at 7.5%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
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
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$19,816/mo
Includes estimated PMI — it drops off once you reach 20% equity. 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.
Where it sits
Inside Indian Beach / Sapphire Shores
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Sarasota. See the full Sarasota guide →
Indian Beach / Sapphire Shores — neighborhood snapshot
Population
3,229
Median age
49
Median income
$79,669
Median home value
$482,705
Avg household
2
Households w/ children
147
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)
Median sold price, Sarasota, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 284% above the SARASOTA 34240 median. See the full Sarasota market guide →
Paper trail
This home's history
Reality check
What actually sold near LUCENT PLACE
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$40,000
1645 23RD STREET
3 bd · 1 ba · 800 sqft · $50/sqft · 11 DOM
Sold · Mar ’26$231,000
2105 LEON AVENUE
3 bd · 1 ba · 840 sqft · $275/sqft · 62 DOM
Sold · Aug ’26$470,000
1709 N TAMIAMI TRAIL UNIT 522
1 bd · 2 ba · 855 sqft · $550/sqft · 108 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
Kyler Lang
REALTOR · CENTURY 21 Edge
Tours, negotiation, and every question about LUCENT PLACE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for LUCENT PLACE — before you fall in love.
See it in person
Schedule a tour
Live availability from Kyler's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
LUCENT PLACE FAQs
What would the monthly payment be for LUCENT PLACE?+
With 10% down on a 30-year Conventional loan at 7.5%, the all-in payment lands around $19,816/mo — principal and interest, the actual property-tax bill 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.
What are the property taxes on LUCENT PLACE?+
The most recent tax bill on record (2025) was $11,828. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Sarasota?+
At $2,800,000, this home is listed about 401% above the Sarasota median of $559,000. The market section on this page shows how the area is trending.
Which schools are assigned to LUCENT PLACE?+
Booker High School (high), Booker Middle School (middle), Emma E. Booker Elementary School (elementary) — Sarasota County School District. Always verify school assignments with the district before relying on them.
Keep looking
Similar homes nearby
Listing courtesy of EXIT KING REALTY · E. John Roach. MLS #A4710974.
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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