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8450 Frangipani Ter, Sarasota, FL, 34240

$460,000

Home List Price

$5,463*

Closing Credit

2 Bedrooms
2 Full Baths
1,527 SqFt
$301/SqFt
House

Location

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8450 Frangipani Ter, Sarasota$460,000

Buyer Closing Credits

$5,463*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Attached Garage2 spaces
Year Built2023
HeatingNatural Gas
CoolingCentral Air
ViewTrees/Woods
MLS #A4629564
Lot Size0.12 Acres
StatusActive

About 8450 Frangipani Ter

Major Price Adjustment! Private lot, close proximity to amenities, welcome to 8450 Frangipani Terrace! Located on a one-of-a-kind corner lot in a cul-de-sac within the highly sought-after Windward at Lakewood Ranch, this 2-bedroom, 2-bathroom villa offers fantastic treed preserve views. This 2023 move-in-ready home features a front and back covered front porch and a thoughtfully designed interior. The kitchen includes soft-close drawers, under-cabinet lighting, a 4-burner gas stove, and an oversized kitchen sink. Blinds are installed on all windows throughout the home. The great room features crown molding and coffered ceilings and opens to an extended screened-in lanai with ceiling fan and pavers. The primary suite offers a ceiling fan, two closets (including a walk-in), and an en-suite bathroom with an upgraded shower. Additional highlights include a spacious laundry room with a new washer and dryer and cabinetry, a two-car garage with cabinets, and outdoor spigots at the front and rear of the home for added convenience. The Sellers are including extras such as a gas grill, washer and dryer, and an alarm system. Windward at Lakewood Ranch boasts resort-style amenities, including a resort-style pool, splash pad, spa, fitness center, 8 pickleball courts, 2 tennis courts, 2 dog parks, a clubhouse, and a playground. This unbeatable location is close to Waterside Place, Lakewood Ranch Main Street, downtown Sarasota, and the area’s top beaches.

Property Details

Property Features

Property Information:

  • Year Built: 2023
  • Living Area: 1,527 SqFt

Listing Office:

  • Office Name: THE SUNSHINE STATE COMPANY
  • Office Email: info@sscfla.com
  • Listing Agent: Jeffrey Cave, PLL

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
  • Flooring Type: Tile
  • Interior: Ceiling Fans(s), Crown Molding, Kitchen/Family Room Combo, Open Floorplan, Primary Bedroom Main Floor, Smart Home, Tray Ceiling(s), Walk-In Closet(s), Window Treatments

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Trees/Woods
  • Exterior: Irrigation System, Sidewalk, Sliding Doors

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes

Virtual/3D Tour

  • 3D Tour: 8450 Frangipani Ter
3D Tour

Lot Features

Lot Information:

  • Lot: Corner Lot, Cul-De-Sac
  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Take FL-64, I-75 S and University Pkwy to Lorraine Rd in Sarasota County, Use any lane to turn left onto 6th Ave W, Continue onto 7th Ave E, 7th Ave E turns slightly left and becomes FL-64/Manatee Ave E, Continue to follow FL-64, Keep right to stay on FL-64, Pass by IHOP, Use the right lane to merge onto I-75 S via the ramp to Naples, Use the right 2 lanes to take exit 213 to merge onto University Pkwy, University Pkwy turns slightly left and becomes University Pkwy, Continue on Lorraine Rd. Drive to Frangipani Terrace, Turn right onto Lorraine Rd, Turn right onto Paradise Plum Dr, Turn left onto Spanish Plum Pl, Turn right at the 1st cross street onto Frangipani Terrace, Destination will be on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $460,000
  • Price Per SqFt: $301/SqFt

HOA Fees:

  • Amount: $705
  • Frequency: Quarterly
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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

$515.5K

Med. Price/SqFt

$302

Avg. Days On Market

76

# of Sold Homes

297

8450 Frangipani Ter vs Sarasota

32 DAYS ON ROCKET

-44 Days

$460,000

-$55.5K Less

$301/SqFt

-$2 Less

KEY TAKEAWAY

This property is $55.5K less than the Median Sold Price and $2/SqFt less than other homes in Sarasota, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #A4629564

Listing Office:

  • Office Name: THE SUNSHINE STATE COMPANY
  • Office Email: info@sscfla.com
  • Listing Agent: Jeffrey Cave, PLL

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: 12/21/2024, 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

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$2,598

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,446

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-858570
8
/10

  • Tatum Ridge Elementary School

  • 4100 Tatum Rd

  • 2.31 miles

  • Public District Grades PK-5

school-card-donut-858571
9
/10

  • Robert E. Willis Elementary School

  • 14705 the Masters Ave

  • 3.66 miles

  • Public District Grades PK-5

school-card-donut-858572
6
/10

  • Fruitville Elementary School

  • 601 Honore Ave

  • 4.63 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 $88,547. Most Sarasota, FL residents have annual incomes between $35k-100k. Residents typically live in married, no kids family. Residents of this area typically have high school diploma education.

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 are the common housing types 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.

What are the advantages of living in Sarasota, FL?

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 essential services in Sarasota, FL convenient?

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.

How do Sarasota, FL residents get around?

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 8450 Frangipani Ter

What is the listing price of this property?

The listing price of 8450 Frangipani Ter property is $460,000.

What type of property is this?

The property 8450 Frangipani Ter is a house located in Sarasota, Florida, 34240.

Is this property for sale now?

Active Listing: 8450 Frangipani Ter is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 8450 Frangipani Ter has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 8450 Frangipani Ter is 1,527 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 8450 Frangipani Ter is 2023.

Rocket Homes›Florida›Sarasota County›Sarasota›34240›8450 Frangipani Ter

This home is located at 8450 Frangipani Ter in Sarasota, FL and zip code 34240. This 1,527 square foot home, which was built in 2023, sits on a 0.12 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 19, 2024 and is currently priced at $460,000.

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. In November 2024 in Sarasota, FL there were 9.7% more homes for sale than in October 2024. The median list price of listings available in November 2024 was $515,531, while the average time on the real estate market was 76 days.

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

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