$745,000
5451 Lago Maggio Street
Sarasota, FL 34238
Listing updated: June 7, 2026 at 4:06 PM ET
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Garage spaces
Flood zone
About this home
Experience waterfront living at its finest in this pristine Arezzo floor plan featuring 3 bedrooms, 2 baths, and a versatile den, all enhanced by an extended lanai showcasing breathtaking, unobstructed water views from a premium southern-exposure lot. Nestled within the gated Esplanade on Palmer Ranch community, this meticulously maintained home offers an efficient open floor plan with modern kitchen appointments including white maple cabinets, quartz countertops, and gas cooking, while solar panels with battery storage keep electric bills averaging just $35 monthly. The property features extensive custom landscaping, remote-controlled hurricane screens, whole house water filtration, and numerous premium upgrades throughout. Beyond the home itself, residents enjoy an exceptional resort-style lifestyle with state-of-the-art fitness center, wellness services, resort-style pool and spa, pickleball, tennis, bocce courts, dog parks, walking paths with private Legacy Bike Trail access, and the exclusive Bahama Bar offering restaurant and full-service bar—all within a vibrant community offering a full calendar of activities and social opportunities. This is more than a home—it's your gateway to the waterfront lifestyle you've been dreaming of. Remote Controlled Hurricane screens/ shutters, Solar power system with battery storage.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history113 days on market
- Status: ActiveApr 24, 2026
- Listed$775,000Nov 17, 2025
- Price reduced$745,000
Facts & features
- Property type
- Residential
- Sub type
- Single Family Residence
- Status
- Active
- Days on market
- 113
- Subdivision
- Esplanade On Palmer Ranch
- County
- Sarasota
- Year built
- 2022
- Living area
- 1,918 sq ft
- Price/sq ft
- $388
- Building area
- 2,484 sq ft (Public Records)
- Lot size
- 6,534 sq ft
- Lot category
- 0 to less than 1/4
- Flood zone
- X (12115C0229G)
- Garage
- 2 spaces
- Annual taxes
- $6,987 (2024)
- Parcel #
- 0138110363
- Zoning
- RSF1
- MLS #
- A4672385
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Interior Details
- Bedrooms
- 3
- Full bathrooms
- 2
- Flooring
- Carpet, Ceramic Tile, Wood
- Appliances
- Convection Oven, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Tankless Water Heater, Washer
- Interior features
- Ceiling Fans(s), Crown Molding, Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Thermostat, Walk-In Closet(s)
- Laundry
- Laundry Room
- Stories / Levels
- One
- Direction faces
- North
Heating & Cooling
- Heating
- Central, Electric, Natural Gas, Solar
- Cooling
- Central Air
Parking
- Garage spaces
- 2
- Attached garage
- Yes
- Parking features
- Driveway, Garage Door Opener
HOA & Financial
- HOA fee
- $1,560 / Quarterly
- Monthly HOA
- $520/mo
- Total monthly fees
- $583/mo
- Total annual fees
- $6,990
- HOA name
- Taylor Young
- CDD
- No
- Homestead exemption
- Yes
- Min lease term
- 3 Months
- Listing terms
- Cash, Conventional
- Ownership
- Fee Simple
- Available for lease
- Yes
- Lease restrictions
- Yes
- Additional lease restrictions
- Minimum lease period is three months, four times per year.
Exterior & Construction
- Exterior features
- Garden, Hurricane Shutters, Lighting, Rain Gutters, Sidewalk
- Construction materials
- Block, Stucco
- Roof
- Tile
- Foundation
- Slab
- Waterfront
- Yes
- Water view
- Yes
- Road surface
- Paved
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Cable Connected, Electricity Connected, Fire Hydrant, Natural Gas Connected, Sewer Connected, Underground Utilities, Water Connected
Community
- Pets allowed
- Yes
Schools
Letter grades: Florida DOE 2024–25 school grades (Orange, Seminole, Lake, Osceola, Brevard). Assigned schools from the listing agent — verify enrollment with the district.
Room Details
| Room | Level | Dimensions |
|---|---|---|
| Living Room | First | 16x17 |
| Dining Room | First | 14.6x11.5 |
| Kitchen | First | 11x13 |
| Primary Bedroom | First | 12x14 |
| Bedroom 2 | First | 11x10 |
| Bedroom 3 | First | 10.5x13 |
| Den | First | 11x10.5 |
Listing Details
- Listing date
- 2025-11-17
- On market date
- 2025-11-17
- Original list price
- $775,000
- Occupant type
- Owner
- MLS area
- 34238 - Sarasota/Sarasota Square
- Listing AOR
- Sarasota - Manatee
- Status changed
- 2026-04-24
- Tax legal description
- LOT 363, ESPLANADE ON PALMER RANCH PHASE 1, PB 51 PG 10
Flood risk
Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
From Clark Road, go south on Honore Avenue past 2nd roundabout. Community is on the right side. Take your 2nd gate entrance, you will need a code to enter (listing agent will provide the code), go thru gate to left on Lago Maggio Street (1st St), home is 8th house on the right. No sign.
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Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of June 7, 2026 at 4:06 PM ET. 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.
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