5 months on rocket

5023 Inverness Dr, Sarasota, FL, 34243

$1,100,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths
1,695 SqFt
$649/SqFt
House

Location

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5023 Inverness Dr, Sarasota$1,100,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1959
HeatingElectric
CoolingZoned
MLS #A4611286
Lot Size0.43 Acres
StatusActive

About 5023 Inverness Dr

Just renovated 3 BR/2BA home, two car carport, with a two-story 1,600 SF +/- accessory building (built in 2019) on a double sized lot. The kitchen has Bosch appliances, bathroom rain showers, steam shower in master, new roof, new solar, new mini-split AC/heat system, new instant hot water heater, home water filter system and new plumbing/backflow system. This property has room to add a pool, add a guest house or convert the accessory building into an in-law suite. The accessory building has a full bathroom and oversized garage door perfect to park RV, boat or multiple car parking. This is the original portion of Palm Aire with no deed restriction or HOA fees. Thus, airbnb friendly as well as the ability to park your RV, boat/trailer and truck with no restrictions. Located across from the golf course. Membership at the Palm Aire Golf & Country Club optional. The Club features two 18-hole courses; 8 Tennis Courts; 8 Pickleball courts; lap pool and exercise room. Palm Aire is just minutes to a tremendous amount of shopping, restaurants, The UTC Mall, and Lakewood Ranch. Plus a short drive to downtown Sarasota and the area's finest beaches.

Property Details

Property Features

Property Information:

  • Year Built: 1959
  • Stories: 1
  • Living Area: 1,695 SqFt

Listing Office:

  • Office Name: COMPASS FLORIDA LLC
  • Listing Agent: Ceiliah Epner

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Freezer, Ice Maker, Microwave, Range, Refrigerator, Trash Compactor, Washer, Water Filtration System
  • Flooring Type: Luxury Vinyl
  • Interior: Ceiling Fans(s), Kitchen/Family Room Combo, Skylight(s), Walk-In Closet(s), Window Treatments

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Irrigation System, Lighting, Private Mailbox, Storage

Parking Information:

  • Attached Garage: No

Virtual/3D Tour

  • Virtual Tour: 5023 Inverness Dr
Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 0.43 Acres

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Zoned

Other

Directions Information:

  • Directions: University Parkway to North on Whitfield. Left(West) on Palm Aire. Follow Palm Aire down and around the corner to W. Country Club Dr. Right onto Canterbury. Then right onto Inverness. Home will be on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,100,000
  • Price Per SqFt: $649/SqFt

Tax Information:

  • Annual Amount: $1,397
  • Tax Year: 2020
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Housing Market Comparison

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

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Sarasota, FL

City

Med. Sold Price

$520.7K

Med. Price/SqFt

$305

Avg. Days On Market

62

# of Sold Homes

302

5023 Inverness Dr vs Sarasota

174 DAYS ON ROCKET

+112 Days

$1,100,000

+$579.2K More

$649/SqFt

+$344 More

KEY TAKEAWAY

This property is $579.2K more than the Median Sold Price and $344/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: #A4611286

Listing Office:

  • Office Name: COMPASS FLORIDA LLC
  • Listing Agent: Ceiliah Epner

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: 11/21/2024, 7:19:53 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$1,397$112,122
2018$1,227$107,557
2017$1,228$105,345

History based on county public records data.

Payment Calculator

$5,558

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,364

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-409629
6
/10

  • Marjorie G. Kinnan Elementary School

  • 3415 Tallevast Rd

  • 1.39 miles

  • Public District Grades PK-5

school-card-donut-409630
8
/10

  • Tara Elementary School

  • 6950 Linger Lodge Rd E

  • 2.51 miles

  • Public District Grades PK-5

school-card-donut-409631
4
/10

  • Gocio Elementary School

  • 3450 Gocio Rd

  • 2.80 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $72,263. Residents of Sarasota, FL typically earn between $35k-100k each year. Most families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5023 Inverness Dr

What is the listing price of this property?

The listing price of 5023 Inverness Dr property is $1,100,000.

What type of property is this?

The property 5023 Inverness Dr is a house located in Sarasota, Florida, 34243.

Is this property for sale now?

Active Listing: 5023 Inverness Dr 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 $1,397 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 5023 Inverness Dr has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 5023 Inverness Dr is 1,695 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5023 Inverness Dr is 1959.

Rocket Homes›Florida›Manatee County›Sarasota›34243›5023 Inverness Dr

This home is located at 5023 Inverness Dr in Sarasota, FL and zip code 34243 in the Palm Aire neighborhood. This 1,695 square foot home, which was built in 1959, sits on a 0.43 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 31, 2024 and is currently priced at $1,100,000.

While more than 13 listings in Sarasota, FL in October 2024 were sold above asking price, there were more than 47 listings sold at asking price, and more than 242 were sold below. The inventory of homes for sale in Sarasota, FL between September 2024 and October 2024 decreased by 0.8%. Listings spent 62 days on the market in October 2024, and had a median list price of $520,718 during the same period.

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

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