new - 6 days on rocket

1101 Palm View Rd, Sarasota, FL, 34240

$1,350,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
3 Full Baths
3,157 SqFt
$428/SqFt
House

Location

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1101 Palm View Rd, Sarasota$1,350,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingCircular Driveway, Driveway, Garage Door Opener, Workshop in Garage
Garage3 spaces
Year Built1996
HeatingCentral
CoolingCentral Air
Private PoolYes
MLS #A4633839
Lot Size5.00 Acres
StatusActive

About 1101 Palm View Rd

Presenting a stunning 5-acre estate, ideally located just 8 miles East from the intersection of I-75 and Fruitville Road, in the heart of Sarasota, Florida. This exceptional property is sure to impress even the most discerning buyers, offering an impeccable combination of expansive open spaces, enhanced safety features, and luxurious amenities, all within a serene and peaceful setting. The estate is accessed via a grand, tree-lined driveway leading to the estate's entrance. Inside, you will find two master suites, a generously-sized third bedroom, and an additional bathroom. The expansive open living area flows seamlessly into the formal dining room, with a morning room offering picturesque views of the pool area. Recent updates include a freshly painted interior and exterior, a renovated kitchen, and brand-new, low-maintenance Luxury Vinyl flooring—just a few of the recent enhancements made within the past six months. Additional improvements include the transformation of a large garage into a versatile 440-square-foot flex space, along with the construction of a new 1,600-square-foot detached garage and workshop, featuring three bays and a hydraulic lift—a true haven for automotive enthusiasts. For outdoor lovers and entertainers, this property is an entertainer’s dream. Enjoy the custom-built stainless steel smoker, pizza oven, and 10-foot granite dining table, perfect for alfresco dining. The estate features a massive heated swimming pool, a versatile flex court for tennis, basketball, or pickleball, and a spacious open field. "The Woods" area offers endless possibilities, including the potential for a zip line, three houses, and a camping area. Additional outdoor amenities include a stocked pond, beautifully landscaped gardens, and a dedicated dog run. For added security and peace of mind, the estate is equipped with hurricane-impact windows and sliders, all of which were thoroughly tested during the last three hurricanes, providing exceptional protection. The property also features a full set of metal shutters and Kevlar screens for the outdoor lanai, ensuring the highest level of safety. The home is energy-efficient, thanks to a comprehensive array of solar panels that significantly reduce electricity costs, along with a whole-house backup generator connected to the main electrical panel with the necessary transfer switch, ensuring reliable power during outages. A whole-house water filtration system, paired with the well, guarantees an endless supply of clean, drinkable water, while the irrigation system ensures lush greenery throughout the year. This extraordinary estate offers a unique blend of luxury, comfort, and safety, making it a truly unparalleled property.

Property Details

Property Features

Property Information:

  • Year Built: 1996
  • Stories: 1
  • Living Area: 3,157 SqFt

Listing Office:

  • Office Name: LISTIFY
  • Listing Agent: Rigo Rivera

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Range Hood, Refrigerator, Washer, Water Filtration System
  • Flooring Type: Luxury Vinyl, Marble
  • Interior: Ceiling Fans(s), High Ceilings, Living Room/Dining Room Combo, Primary Bedroom Main Floor, Solid Surface Counters, Stone Counters

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Exterior: Dog Run, Garden, Hurricane Shutters, Irrigation System, Lighting, Outdoor Grill, Outdoor Kitchen, Private Mailbox, Rain Gutters, Sliding Doors, Tennis Court(s)

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: No
  • Parking: Circular Driveway, Driveway, Garage Door Opener, Workshop in Garage

Virtual/3D Tour

  • Virtual Tour: 1101 Palm View Rd
Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 5.00 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From I75 head east on Fruitville rd about 7 miles to Oakford rd. Turn right follow to entrance of Oak Ford Community, turn right on N Branch rd follow to Palm View rd, turn left property on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,350,000
  • Price Per SqFt: $428/SqFt

HOA Fees:

  • Amount: $70
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $4,675
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Sarasota, FL.

Med. Sold Price

$513.6K

Med. Price/SqFt

$301

Avg. Days On Market

62

# of Sold Homes

401

1101 Palm View Rd vs Sarasota

6 DAYS ON ROCKET

-56 Days

$1,350,000

+$836.3K More

$428/SqFt

+$127 More

KEY TAKEAWAY

This property is $836.3K more than the Median Sold Price and $127/SqFt more than other homes in Sarasota, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #A4633839

Listing Office:

  • Office Name: LISTIFY
  • Listing Agent: Rigo Rivera

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright 2025 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/6/2025, 9:19:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 09, 2016Home Sold
$420,000
Sep 16, 2002Home Sold
$335,000

Tax History

YEARPROP. TAXASSESSMENT
2020$4,675$368,503
2019$4,520$360,218
2018$3,979$318,075
2017$3,962$311,533

History based on county public records data.

Payment Calculator

$6,875

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,114

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-741163
8
/10
  • Tatum Ridge Elementary School

  • 4100 Tatum Rd

  • 6.17 miles

  • Public District Grades PK-5

school-card-donut-741164
9
/10
  • Robert E. Willis Elementary School

  • 14705 the Masters Ave

  • 7.03 miles

  • Public District Grades PK-5

school-card-donut-741165
9
/10
  • Lakeview Elementary School

  • 7299 Hand

  • 7.07 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $88,547. Most Sarasota, FL residents have annual incomes between $35k-100k. Residents typically live in married, no kids family. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Living In Sarasota, FL

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Sarasota, FL?

Sarasota's housing market is diverse, offering a mix of single-family homes, condominiums, and townhouses that cater to a range of preferences and budgets. Architectural styles vary widely, with a notable presence of Mediterranean-inspired designs alongside modern and contemporary structures. The area has seen a steady growth in new developments, particularly in the condominium sector, which adds a modern touch to the city's skyline.

Is Sarasota, FL a good place to live?

Sarasota prides itself on its vibrant arts scene and cultural richness, with numerous galleries, theaters, and the renowned Ringling Museum of Art. The community's character is further enhanced by its proximity to pristine beaches and a variety of outdoor recreational activities, making it a desirable location for both retirees and families. Annual events like the Sarasota Film Festival and the Sarasota Music Festival celebrate the city's artistic heritage and community spirit.

Are things conveniently located in Sarasota, FL?

The city is served by a robust educational system, including multiple public and private schools that offer a range of educational programs. Sarasota Memorial Hospital stands as a major healthcare provider, offering comprehensive services from emergency care to specialized treatments. The public library system is well-established, providing residents with access to a wealth of knowledge and resources. Retail and dining options are plentiful, reflecting the local culture with a blend of international cuisines and boutique shopping experiences.

What does the transportation in Sarasota, FL look like?

Sarasota's transportation network includes a variety of options for residents and visitors. The Sarasota County Area Transit (SCAT) provides bus services with routes covering key areas of the city. For those who prefer private transport, ride-sharing services like Uber and Lyft are readily available. The city is also connected by several major roads, including Interstate 75 and U.S. Route 41, facilitating travel to nearby cities and attractions. Efforts to enhance walkability and bikeability are evident in the downtown area and along the scenic waterfront.

Frequently Asked Questions About 1101 Palm View Rd

What is the listing price of this property?

The listing price of 1101 Palm View Rd property is $1,350,000.

What type of property is this?

The property 1101 Palm View Rd is a house located in Sarasota, Florida, 34240.

Is this property for sale now?

Active Listing: 1101 Palm View Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $4,675 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on September 9, 2016 for $420,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1101 Palm View Rd has 3 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 1101 Palm View Rd is 3,157 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1101 Palm View Rd is 1996.

Rocket HomesFloridaSarasota CountySarasota342401101 Palm View Rd

This home is located at 1101 Palm View Rd in Sarasota, FL and zip code 34240. This 3,157 square foot home, which was built in 1996, sits on a 5.00 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since December 31, 2024 and is currently priced at $1,350,000.

In December 2024 more than 18 listings in Sarasota, FL were sold above the asking price. During the same period more than 76 listings were sold at asking price, while more than 307 were sold below. In December 2024 in Sarasota, FL there were 8.9% more homes for sale than in November 2024. While the average time on the market in December 2024 was 62 days, the median list price was $513,637.

From Rocket Homes Real Estate and based on county public records data.

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