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$134,900

Active Under Contract

4138 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

  1. Listed for $134,900
  2. Status changed to Active Under Contract

Estimate the monthly payment

Estimate by Lasbury Tracy Realty — not a loan offer

Starting 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

Pick a day that suits you — a licensed Lasbury Tracy agent confirms personally, usually within minutes. No account needed.

4138 Central Sarasota Pkwy #1516, Sarasota, FL 34238

Listing courtesy of COMPASS FLORIDA LLC · MLS# A4702303 · Active Under Contract

How would you like to see it?
Which day?
What time of day?

In person · Thu, Oct 29 · Morning (9-12)

No account, no obligation. Prefer to talk? (941) 474-5585

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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Listing information is provided in part by Stellar MLS, as distributed by MLS GRID. Based on information submitted to the MLS as of Oct 28, 2026, 10:07 PM (ET). All data is obtained from various sources and may not have been verified by broker or MLS. All information provided is deemed reliable but is not guaranteed and should be independently verified. 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. Some IDX listings have been excluded from this website.

Lasbury Tracy Realty Inc. · [email protected]