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12765 Lateral Root Dr; Sarasota, FL Property Details

12765 Lateral Root Dr, Sarasota, FL is a Single Family that was built in 2023. This property is currently Cash Purchase,New Construction and is not for sale. Our records show that 12765 Lateral Root Dr has 5 bedrooms, and 4.5 bathrooms, and a total of 3,308 square feet. The lot size of 12765 Lateral Root Dr is 9,392 square feet.

Off market
12765 Lateral Root Dr Sarasota, FL 34238
$485,872 Estimated Value
5 Beds
4.5 Baths
3,308 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 2023
  • Purchase Price: $762,335
  • Est. Equity / %: $719,000 / 100%
  • Gross Yield: 9.054%
  • APN: 0139-15-0219
  • Situs County: Sarasota
  • Length Of Ownership: 3 years, 1 months

Rooms

  • Bedrooms: 5
  • Bathrooms: 4.5
  • Full Bathrooms: 4
  • Total Rooms: 10
  • Partial Bathrooms: 1

Structure

  • Building Style: Masonry
  • Floor Cover Type: Carpet
  • Stories: 2
  • Exterior Wall Type: Stucco
  • Building Condition: Average
  • Roof Type: Hip
  • Roof Cover Type: Asphalt
  • Sewer Type: Municipal
  • Water Source: Municipal

Measurements

  • Total: 3,308/SqFt
  • Lot: 9,392/SqFt
  • Gross: 3,969/SqFt
  • Garage: 661/SqFt
  • Living: 3,308/SqFt
  • Building: 3,969/SqFt
  • Ground: 2,588/SqFt
  • Price Per Square Foot: $230.45

Legal Description

  • Description: LOT 219, PROMENADE ESTATES PHASE 2, PB 55 PG 92-105
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Sarasota County School District
  • Lat / Lon: 27.198399 / -82.453995
  • Subdivision: Promenade Estates Phase 2
  • Property Class: Residential
  • Zoning: RSF1
  • County Use Code: 0100

Amenities

  • Plus Four: 3500
  • Cooling: Central
  • Garage: Attached Garage
  • Heating: Central

HOA

  • H O A One: $220
  • H O A Amount: $220
  • H O A One Frequency: Monthly
  • H O A One Type: Planned Unit Development

Ownership Info

12765 Lateral Root Dr has no associated ownership info
12765 Lateral Root Dr has no associated ownership info.

Taxes

12765 Lateral Root Dr has 9 associated Taxes items

12765 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 $485,872. The APN we've located for 12765 Lateral Root Dr is 0139-15-0219.

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Taxes
  • Assessed Value:  $485,872
  • Assessed Year:  2025
  • Assessed County:  Sarasota
  • APN:  0139-15-0219
  • Market Land Value:  144400
  • Tax Amount:  5679.13
  • Tax Year:  2024
  • Market Value:  661600
  • Market Year:  2025

Tax History

12765 Lateral Root Dr has 4 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $485,872 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $456,338 Land Value Improvement Value Tax Amount $5,679.13 Change Rate +2.525811% Assessed CR Tax Rate +0.012445%
Year 2023 Assessed Value $136,800 Land Value $136,800 Improvement Value Tax Amount $1,610.73 Change Rate -0.161899% Assessed CR Tax Rate +0.011774%
Year 2022 Assessed Value $162,000 Land Value $162,000 Improvement Value Tax Amount $1,921.88 Change Rate Assessed CR Tax Rate +0.011863%