3971 SQUARE EAST LANE UNIT 8, SARASOTA, FL, 34238
Active37 days on marketListed Aug 14, 2026MLS #N6145359
About this home
3971 SQUARE EAST LANE UNIT 8
Have you ever wanted to live in a small close-knit community that is conveniently close to most everything? Well, you’ve found it. Welcome to Palmer Square East on Palmer Ranch. This 3 bedroom Mediterranean architectural style condo boasts over 2100 sq feet of living space with a 2 car garage, oversized lanai, and lush landscaping. Home features include; ceramic flooring throughout the main living area, 8 ½ foot tray ceilings, stainless steel appliances, granite countertops, recessed lighting, breakfast bar, inside laundry room with cabinets and basin sink, walk in closets, central vacuum, active fire protection system, and 8 foot interior doors. It’s located on the first floor with easy access from the front door or the garage. Out of the back of the condo is an oversized lanai leading less then 25 feet to the community pool and spa. The primary bedroom is one of the largest you’ll find in a condo and has a oversized walk in closet. The second bedroom has 10 foot ceilings to increase the overall feel of the bedroom. The kitchen has ample space and storage for all your home cuisine nights. If you don’t feel like cooking, enjoy a night out on the town by stepping out your front door and exploring Sarasota. It's located near major shopping outlets, restaurants, golfing, world famous beaches, and health care facilities. Don’t miss out on a fantastic opportunity to own this beautiful home. Call for your private showing today.
Facts & features
The home at a glance
3
Bedrooms
2
Bathrooms
2,149
Sqft
0 ac
Lot size
2
Garage
2006
Year built
One
Levels
$186
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.
$3,909 /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
$3,909/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
−37.3%
$/sqft vs Sarasota actives
$186 vs $354
Days on market
37 vs 63 typical
Where $186/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)
198 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 57% above the SARASOTA 34238 median. See the full Sarasota market guide →
Paper trail
This home's history
Reality check
What actually sold near 3971 SQUARE EAST LANE UNIT 8
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$620,000
8875 MACGREGOR LANE
3 bd · 3 ba · 2,131 sqft · $291/sqft · 113 DOM
Sold · Jul ’26$595,000
8958 OLDE HICKORY AVENUE
3 bd · 3 ba · 2,094 sqft · $284/sqft · 72 DOM
Sold · Nov ’25$515,000
1849 VAMO DRIVE
3 bd · 2.5 ba · 2,076 sqft · $248/sqft · 48 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
Colleen Brown
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 3971 SQUARE EAST LANE UNIT 8 — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 3971 SQUARE EAST LANE UNIT 8 — before you fall in love.
See it in person
Schedule a tour
Live availability from Colleen's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
3971 SQUARE EAST LANE UNIT 8 FAQs
What would the monthly payment be for 3971 SQUARE EAST LANE UNIT 8?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $3,909/mo — principal and interest, the actual property-tax bill, the $801/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 3971 SQUARE EAST LANE UNIT 8?+
The association fee works out to $801 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 3971 SQUARE EAST LANE UNIT 8?+
The most recent tax bill on record (2025) was $5,004. 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 3971 SQUARE EAST LANE UNIT 8?+
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 $399,900, this home is listed about 28% below the Sarasota median of $552,448. The market section on this page shows how the area is trending.
Which schools are assigned to 3971 SQUARE EAST LANE UNIT 8?+
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
$399,900 runs 57% above the SARASOTA 34238 median — but at 2,149 sqft it's also 29% larger than the typical Sarasota listing.
02Know the monthly fee
The association fee is $801/mo. That usually buys real services — verify what's covered before comparing this home against fee-free alternatives.
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 EXIT KING REALTY · Ron Gubiotti, Jr. MLS #N6145359.
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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