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12700 Lateral Root Dr; Sarasota, FL Property Details

12700 Lateral Root Dr, Sarasota, FL is a Single Family that was built in 2020. This property is not for sale. Our records show that 12700 Lateral Root Dr has 5 bedrooms, and 3 bathrooms, and a total of 2,631 square feet. The lot size of 12700 Lateral Root Dr is 6,866 square feet.

Off market  •   Pre Probate ✓
12700 Lateral Root Dr Sarasota, FL 34238
$347,669 Estimated Value
5 Beds
3 Baths
2,631 SqFt
Property Details

Summary

  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 2020
  • Est. Equity / %: $527,000 / 100%
  • Gross Yield: 7.289%
  • APN: 0139-07-0048
  • Situs County: Sarasota

Rooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full Bathrooms: 3
  • Total Rooms: 10

Structure

  • Building Style: Masonry
  • Floor Cover Type: Carpet
  • Stories: 2
  • Exterior Wall Type: Stucco
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Building Condition: Average
  • Building Quality: C+
  • Roof Type: Hip
  • Roof Cover Type: Asphalt
  • Sewer Type: Municipal
  • Water Source: Municipal

Measurements

  • Total: 2,631/SqFt
  • Lot: 6,866/SqFt
  • Gross: 3,055/SqFt
  • Garage: 424/SqFt
  • Living: 2,631/SqFt
  • Building: 3,055/SqFt
  • Ground: 1,103/SqFt

Legal Description

  • Description: LOT 48, PROMENADE ESTATES PHASE 1, PB 53 PG 115-132
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: AE / High Risk
  • School District: Sarasota County School District
  • Lat / Lon: 27.200832 / -82.45523
  • Subdivision: Promenade Estates Phase 1
  • Property Class: Residential
  • Zoning: RSF1
  • County Use Code: 0100

Amenities

  • Plus Four: 3509
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Central

HOA

  • H O A One: $226
  • H O A Amount: $226
  • H O A One Frequency: Monthly
  • H O A One Name: Promenade Estates Community Association Inc
  • H O A One Type: Home Owner Association

Ownership Info

12700 Lateral Root Dr has no associated ownership info
12700 Lateral Root Dr has no associated ownership info.

Taxes

12700 Lateral Root Dr has 9 associated Taxes items

12700 Lateral Root Dr, Sarasota, FL pays taxes in Sarasota County, FL. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $347,669. The APN we've located for 12700 Lateral Root Dr is 0139-07-0048.

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Taxes
  • Assessed Value:  $347,669
  • Assessed Year:  2025
  • Assessed County:  Sarasota
  • APN:  0139-07-0048
  • Market Land Value:  114500
  • Tax Amount:  710.02
  • Tax Year:  2024
  • Market Value:  475700
  • Market Year:  2025

Tax History

12700 Lateral Root Dr has 6 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $347,669 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $337,871 Land Value Improvement Value Tax Amount $710.02 Change Rate +0.126909% Assessed CR Tax Rate +0.002101%
Year 2023 Assessed Value $328,030 Land Value Improvement Value Tax Amount $630.06 Change Rate +0.132183% Assessed CR Tax Rate +0.001921%
Year 2022 Assessed Value $318,476 Land Value Improvement Value Tax Amount $556.5 Change Rate +0.106362% Assessed CR Tax Rate +0.001747%
Year 2021 Assessed Value $309,200 Land Value $85,800 Improvement Value $223,400 Tax Amount $503 Change Rate -0.495051% Assessed CR Tax Rate +0.001627%
Year 2020 Assessed Value $78,100 Land Value $78,100 Improvement Value Tax Amount $996.14 Change Rate Assessed CR Tax Rate +0.012755%