11 days on rocket

1876 Magnolia St, Sarasota, FL, 34239

$2,899,990

4 Bedrooms
4 Full Baths
3,292 SqFt
$881/SqFt
House

Location

Image provided by Mapbox

Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Garage Door Opener
Attached Garage2 spaces
Year BuiltNew Const., 2025
HeatingCentral, Heat Pump, Zoned
CoolingCentral Air, Zoned
ViewPool
Private PoolYes
MLS #A4621537
Lot Size0.20 Acres
StatusActive

About 1876 Magnolia St

Under Construction. This stunning 2-story “Palonia IV Coastal” floor plan is one of the newest additions to the Allegra Homes collection of exquisite luxury residences and is located in the prestigious West of Trail area near Siesta Drive, your direct pathway to Siesta Key. The cornerstone of the Allegra Homes’ vision is a dedication to excellence in custom home building and providing the very best in quality and design offered in today’s new home market. With 4 bedrooms, a den and 3 baths, the fabulous open living plan of 3,292 sq. ft. has been tastefully and thoughtfully designed with artistry, beauty and functionality. Upon entry into this upscale residence, you will first notice the great room with 16-ft. enhanced tray ceiling illuminated by natural light and a wall of pocketing sliders opening wide to a covered lanai. The full width of the back of the home has been dedicated to exceptional Florida living with a pool/spa, a covered dining area with detailed ceiling, and a fully-equipped outdoor kitchen … all screen enclosed and paver decking. Inside, the formal dining room features a wall of windows with fabulous views of your very own tropical oasis. The family chef will savor the ultimate kitchen set-up with large stone-topped island, abundant counter space and storage including a pantry, and premium appliance package such as Sub-Zero fridge and wine cooler, Wolf 36” gas cooktop and matching oven, drop-down microwave, ASKO quiet dishwasher, and even a Delta pot filler. The owner’s wing is a serene place of rest and rejuvenation. Bypassing the dual walk-in closets is the luxurious bath that’s absolutely delightful with its spacious glass shower and rain head, double vanities, large soaking tub and water closet. A den is also a part of the owner’s wing for added convenience for work or study. Guest accommodations are purposefully situated at the opposite end of the house for the utmost in privacy with access to a full bath and the gorgeous outdoor living area. Upstairs, there are 2 bedrooms, a bath and a bonus room for kid hangouts and family time. Additional amenities include a front porch, paver drive and entry, professionally landscaped and irrigation well, 2-car garage with epoxy finished floor, hurricane impact Low-E windows and sliding doors, crown molding, tray ceilings, natural gas water heater, and pool and house alarms. The prime location within Southside School District, celebrating 120 years of distinguished achievements awards, is ideal for families. And just about a mile from Southside Village and 2 miles south of downtown’s exciting smorgasbord of arts, entertainment, shopping, and dining is 1876 Magnolia Street, where people walk their dogs, neighbors greet one another, and families enjoy bike rides along tree-lined streets. This home creates a beautiful backdrop for a beautiful life.

Property Details

Property Features

Property Information:

  • Architectural Style: Coastal, Custom
  • Year Built: 2025
  • Living Area: 3,292 SqFt

Listing Office:

  • Office Name: GRECO REAL ESTATE
  • Office Phone: (941) 685-0449
  • Listing Agent: Karen Greco

Interior Features

Interior Information:

  • Appliances: Oven, Convection Oven, Dishwasher, Exhaust Fan, Microwave, Range Hood, Tankless Water Heater, Wine Cooler
  • Flooring Type: Tile
  • Interior: Built-in Features, Ceiling Fans(s), Crown Molding, Eat-in Kitchen, High Ceilings, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Tray Ceiling(s), Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • View: Pool
  • Exterior: Irrigation System, Lighting, Sliding Doors

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Driveway, Garage Door Opener

Lot Features

Lot Information:

  • Lot: City Lot, Paved
  • Lot Size: 0.20 Acres

Utilities

Utilities Information:

  • Heating: Central, Heat Pump, Zoned
  • Cooling: Central Air, Zoned

Other

Directions Information:

  • Directions: Starting from Bee Ridge Road: Head south on Bee Ridge Road. Turn right onto S Tamiami Trail. Continue on S Tamiami Trail for about 1 mile. Turn left onto Magnolia St. The destination, 1876 Magnolia St, will be on your left. Starting from Siesta Drive: Head north on Osprey Ave from Siesta Drive. Turn right onto Magnolia St. Continue on Magnolia St; 1876 Magnolia St will be on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,899,990
  • Price Per SqFt: $881/SqFt

Tax Information:

  • Annual Amount: $6,122
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$515.5K

Med. Price/SqFt

$302

Avg. Days On Market

76

# of Sold Homes

297

1876 Magnolia St vs Sarasota

11 DAYS ON ROCKET

-65 Days

$2,899,990

+$2.3M More

$881/SqFt

+$578 More

KEY TAKEAWAY

This property is $2.3M more than the Median Sold Price and $578/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: #A4621537

Listing Office:

  • Office Name: GRECO REAL ESTATE
  • Office Phone: (941) 685-0449
  • Listing Agent: Karen Greco

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 2024 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: 12/17/2024, 10:49:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$6,122$370,100
2019$5,557$334,300
2018$6,406$340,071
2017$5,659$370,000

History based on county public records data.

Payment Calculator

$14.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$8,761

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-4278975
10
/10
  • Southside Elementary School

  • 1901 Webber St

  • 0.31 miles

  • Public District Grades PK-5

school-card-donut-4278976
8
/10
  • Phillippi Shores Elementary School

  • 4747 S Tamiami Trl

  • 1.33 miles

  • Public Magnet Grades PK-5

school-card-donut-4278977
7
/10
  • Alta Vista Elementary School

  • 1050 S Euclid Ave

  • 1.64 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $65,509. Residents of Sarasota, FL typically earn less than $35k each year. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1876 Magnolia St

What is the listing price of this property?

The listing price of 1876 Magnolia St property is $2,899,990.

What type of property is this?

The property 1876 Magnolia St is a house located in Sarasota, Florida, 34239.

Is this property for sale now?

Active Listing: 1876 Magnolia St 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 $6,122 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1876 Magnolia St has 4 bedrooms and 4 bathrooms.

What is the square footage of this property?

The property 1876 Magnolia St is 3,292 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1876 Magnolia St is 2025.
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Rocket HomesFloridaSarasota CountySarasota342391876 Magnolia St

This home is located at 1876 Magnolia St in Sarasota, FL and zip code 34239 in the South Poinsettia Park neighborhood. This 3,292 square foot home, which was built in 2025, sits on a 0.20 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since December 06, 2024 and is currently priced at $2,899,990.

In November 2024 more than 12 listings in Sarasota, FL were sold above the asking price. During the same period more than 48 listings were sold at asking price, while more than 237 were sold below. The inventory of homes for sale in Sarasota, FL between October 2024 and November 2024 increased by 9.7%. In November 2024 median list price was $515,531 and the average listing age was 76 days.

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

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