$134,900
Active Under Contract4138 Central Sarasota Pkwy #1516, Sarasota, FL 34238
1 bed · 1 bath · 661 sq ft
Listing courtesy of COMPASS FLORIDA LLC · MLS# A4702303
78 days on market
Refreshed from the Stellar MLS feed . This listing’s MLS record last changed .
About this home
What’s special
- First-floor residence
- High ceilings
- Lake views
- Screened lanai
- Hurricane-impact windows
- Two separate closets
- Walk-in shower
- Gated community
AI-selected highlights from the listing description below.
Under contract-accepting backup offers. Welcome to effortless Florida living in sought-after Palmer Ranch! This beautifully updated first-floor residence offers the perfect blend of comfort, style, and convenience. High ceilings and an abundance of natural light create a bright, open atmosphere, while tasteful decorative trim adds a custom touch throughout. The well-appointed kitchen features stainless steel appliances, and the easy-care tile flooring extends throughout. The spacious primary suite is designed for comfort with two separate closets, an ensuite bath featuring a granite-topped vanity, and a beautifully tiled walk-in shower. Enjoy peace of mind with hurricane-impact windows and sliding glass doors, complemented by a custom shade on the slider. Step outside to your private screened lanai, where tranquil lake views provide the perfect backdrop for morning coffee or evening relaxation. Located within a gated, pet-friendly community, residents enjoy resort-style amenities including a clubhouse, heated pool and spa, fitness center, tennis and pickleball courts, and beautifully maintained grounds. Whether you're searching for a carefree year-round residence, a seasonal snowbird retreat, or the perfect pied-à-terre, this home checks every box. Ideally situated in desirable Palmer Ranch, you'll be just minutes from shopping, restaurants, the Legacy Trail, Siesta Key, Nokomis Beach, and have convenient access to all Sarasota and Venice offers. Experience the best of Florida's Gulf Coast lifestyle in a location you'll love to call home.
Facts
- Property type
- Condominium
- Year built
- 1998
- Bathrooms
- 1 full
- Living area
- 661 sqft
- Water view
- Yes
- Private pool
- No
- Exposure
- Southwest
- Furnished
- Unfurnished
- Flood zone
- X
- CDD
- No
- 55+ community
- No
- Annual taxes
- $2,044/yr
- Monthly fees
- $799/mo
- Listed
- Aug 6, 2026
- MLS #
- A4702303
Price & status history
- Listed for $134,900
- Status changed to Active Under Contract
Estimate the monthly payment
Estimate by Lasbury Tracy Realty — not a loan offerStarting figures for 4138 CENTRAL SARASOTA PKWY #1516. Everything below is editable.
AssumptionNot a quoted rate. Ask a lender what you actually qualify for today.
From this listingThe seller's most recent annual tax bill as reported to the MLS. Your bill will differ — Florida reassesses on sale and homestead caps reset.
Editable estimateA placeholder, not a quote. On the Gulf Coast this is the line item most likely to be wrong: premiums swing on roof age, wind mitigation, elevation, and carrier appetite. Get a real quote before you rely on this number.
Starts at $0Deliberately zero until you enter a figure — we will not inflate a payment with a guess. Many homes here need it; ask us for the property's flood zone and the current policy's premium.
From this listingMonthly association fee as reported to the MLS. Confirm what it includes, and ask about special assessments.
AssumptionNot applied — your down payment is 20% or more.
Estimated total monthly payment
$1,851
$682 of that is principal & interest. 63% is taxes, insurance and fees — which is why those inputs matter more here than the rate does.
- Principal & interest
- $682
- Property taxes
- $170
- Homeowners insurance
- $200
- Flood insurance
- $0
- HOA / condo fees
- $799
- Mortgage insurance (PMI)
- $0
- Total per month
- $1,851
Over the life of the loan
- Loan amount
- $107,920
- Down payment
- $26,980
- Total interest
- $137,646
- Principal + interest paid
- $245,566
- Paid off in
- 2056
Interest is the exact schedule total for a fixed-rate loan held to term and assumes no extra payments. Taxes, insurance and fees are not included in these lifetime figures because they change every year.
Calculated on this page from the figures above — nothing is sent anywhere and no lender is quoting you. Figures are estimates for planning only, not a pre-approval, commitment to lend, or a statement of the taxes and insurance you will actually be charged. Lasbury Tracy Realty Inc. is a real estate brokerage, not a lender or an insurance agent.
Take a tour
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4138 Central Sarasota Pkwy #1516, Sarasota, FL 34238
Listing courtesy of COMPASS FLORIDA LLC · MLS# A4702303 · Active Under Contract
Where this home is
Opens on aerial — on this coast the canal, the lot and the neighbours answer more questions than a street grid does.
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