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12704 Lateral Root Dr; Sarasota, FL Property Details

12704 Lateral Root Dr, Sarasota, FL is a Single Family that was built in 2021. This property is currently Cash Purchase,New Construction and is for sale. Our records show that 12704 Lateral Root Dr has 4 bedrooms, and 2.5 bathrooms, and a total of 2,045 square feet. The lot size of 12704 Lateral Root Dr is 6,024 square feet.

On Market for 9 days
12704 Lateral Root Dr Sarasota, FL 34238
$560,000 Listing Price
4 Beds
2.5 Baths
2,045 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 2021
  • Purchase Price: $441,275
  • Est. Equity / %: $492,000 / 100%
  • Gross Yield: 6.669%
  • APN: 0139-07-0047
  • Situs County: Sarasota
  • Length Of Ownership: 5 years

Rooms

  • Bedrooms: 4
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Total Rooms: 7
  • Partial Bathrooms: 1

Structure

  • Building Style: Masonry
  • Floor Cover Type: Carpet
  • Stories: 1
  • 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: 2,045/SqFt
  • Lot: 6,024/SqFt
  • Gross: 2,502/SqFt
  • Garage: 457/SqFt
  • Living: 2,045/SqFt
  • Building: 2,502/SqFt
  • Ground: 2,045/SqFt
  • Price Per Square Foot: $215.78

Legal Description

  • Description: LOT 47, 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: 27.200686 / -82.45521
  • Subdivision: Promenade Estates Phase 1
  • Property Class: Residential
  • Zoning: RSF1
  • County Use Code: 0100

Amenities

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

HOA

  • H O A One: $268
  • H O A Amount: $268
  • 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

12704 Lateral Root Dr has no associated ownership info
12704 Lateral Root Dr has no associated ownership info.

Taxes

12704 Lateral Root Dr has 10 associated Taxes items

12704 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 $458,400. The APN we've located for 12704 Lateral Root Dr is 0139-07-0047.

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Taxes
  • Assessed Value:  $458,400
  • Assessed Year:  2025
  • Assessed County:  Sarasota
  • APN:  0139-07-0047
  • Assessed Land Value:  112400
  • Market Land Value:  112400
  • Tax Amount:  5548.83
  • Tax Year:  2025
  • Market Value:  458400
  • Market Year:  2025

Tax History

12704 Lateral Root Dr has 6 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $458,400 Land Value $112,400 Improvement Value $346,000 Tax Amount $5,548.83 Change Rate -0.006284% Assessed CR Tax Rate +0.012105%
Year 2024 Assessed Value $466,400 Land Value $112,400 Improvement Value $354,000 Tax Amount $5,583.92 Change Rate +0.015528% Assessed CR Tax Rate +0.011972%
Year 2023 Assessed Value $462,198 Land Value Improvement Value Tax Amount $5,498.54 Change Rate +0.061441% Assessed CR Tax Rate +0.011897%
Year 2022 Assessed Value $436,600 Land Value $123,700 Improvement Value $312,900 Tax Amount $5,180.26 Change Rate +3.83549% Assessed CR Tax Rate +0.011865%
Year 2021 Assessed Value $86,100 Land Value $86,100 Improvement Value Tax Amount $1,071.3 Change Rate +0.01822% Assessed CR Tax Rate +0.012443%
Year 2020 Assessed Value $82,600 Land Value $82,600 Improvement Value Tax Amount $1,052.13 Change Rate Assessed CR Tax Rate +0.012738%