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$949,999

1700 Lugano Circle

Nokomis, FL 34275

Listing updated: June 4, 2026 at 11:31 AM ET

Active

Listing courtesy of Floriwest Realty Group, Llc · Elizabeth Stephens · MLS #R4911177 · Active · 941-334-4934

Beds

Baths

3,982

Sq Ft

0.19

Acres

2026

Built

◆New construction◆3-car garage◆$239/sqft

Single Family Residence

Property type

2026

Year built

8,298 sqft

Lot size

$239

Price / sq ft

$114/mo

HOA dues

Days on market

Garage spaces

Flood zone

About this home

Under Construction. ****SPECIAL FINANCING AVAILABLE FOR A LIMITED TIME ONLY FROM PREFERRED LENDER. RESTRICTIONS APPLY, FOR QUALIFIED BUYERS, SUBJECT TO APPLICABLE TERMS AND CONDITIONS. SUBJECT TO CHANGE WITHOUT NOTICE**** Welcome to The Madison—a spacious, elegantly designed two story home that blends luxury, comfort, and modern functionality. With 5 bedrooms and 5 bathrooms, this thoughtfully crafted residence offers ample room for both relaxation and entertaining. The first floor boasts a beautifully defined dining room and a gourmet kitchen complete with well appointed finishes, premium cabinetry, and an expansive island ideal for gathering. A large sliding glass door opens seamlessly to the lanai, creating an inviting indoor–outdoor living experience perfect for Florida evenings. A second owner's suite resides off the great room. Upstairs, the primary owner’s suite serves as a private retreat with generous space and refined details with a luxurious owner's bath with tub, shower and separate water closet. The second story also includes three additional bedrooms, two full bathrooms, and a versatile bonus room—ideal for a media lounge, playroom, or home office. Every corner of The Madison showcases thoughtful design and elevated style, making it a standout choice for those seeking a home that feels both elegant and welcoming.

Local Insight

At $239/sqft for brand-new construction in Cassata Lakes, you're paying a reasonable premium for that turnkey appeal and modern build quality, though the 0.19-acre lot is quite tight if you value outdoor space or privacy from neighbors. The X flood zone designation is a genuine advantage here—no flood insurance required—which saves you real money annually compared to nearby properties, so that's worth factoring into your true cost of ownership. Just be aware that with five bedrooms packed into under 4,000 square feet on a small lot, you're looking at a efficient but snug floor plan, so the layout and how it flows matters more than the bedroom count might suggest.

AI-generated insight based on listing data and neighborhood context. Verify independently.

Estimated monthly payment

Principal & interest$4,804

Property taxes$42

Home insurance (est.)$435

HOA dues$114

Down payment

20%

$190,000 downRate

6.5%

Term

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 history35 days on market

Status: Active
Apr 30, 2026
Listed$949,999
Apr 30, 2026
Price increased$949,999

Facts & features

Property type: Residential
Sub type: Single Family Residence
Status: Active
Days on market: 35
Subdivision: Cassata Lakes
County: Sarasota
Year built: 2026
Living area: 3,982 sq ft
Price/sq ft: $239
Building area: 4,835 sq ft (Builder)
Lot size: 8,298 sq ft
Lot category: 0 to less than 1/4
Flood zone: X
Garage: 3 spaces
Annual taxes: $500 (2025)
Parcel #: 0380030051
Zoning: RSF4
MLS #: R4911177

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Interior Details

Bedrooms: 5
Full bathrooms: 5
Flooring: Carpet, Tile
Appliances: Dishwasher, Disposal, Microwave, Range
Interior features: Open Floorplan, Tray Ceiling(s), Walk-In Closet(s)
Laundry: Inside
Stories / Levels: Two
Direction faces: West
New construction: Yes

Heating & Cooling

Heating: Heat Pump
Cooling: Central Air

Parking

Garage spaces: 3
Attached garage: Yes

HOA & Financial

HOA fee: $342 / Quarterly
Monthly HOA: $114/mo
Total monthly fees: $114/mo
Total annual fees: $1,368
HOA name: RIZZETTA / NICOLE WHITE
CDD: No
Min lease term: 3 Months
Ownership: Fee Simple
Available for lease: Yes
Lease restrictions: Yes
Additional lease restrictions: SEE HOA DOCS

Exterior & Construction

Construction materials: Block
Roof: Tile
Foundation: Slab
Road surface: Asphalt

Utilities

Sewer: Public Sewer
Water source: Public
Utilities: Cable Available, Electricity Available, Sewer Available, Water Available

Community

Pets allowed: Yes

Schools

ElementaryLaurel Nokomis ElementaryGreatSchools ↗

MiddleLaurel Nokomis MiddleGreatSchools ↗

High SchoolVenice Senior HighGreatSchools ↗

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
Great Room	First	16x18
Kitchen	First	14x16
Dining Room	First	14x15
Primary Bedroom	Second	19x19
Bonus Room	Second	19x13
Bedroom 2	Second	15x11
Bedroom 3	Second	15x11

Listing Details

Listing date: 2026-04-30
On market date: 2026-04-30
Original list price: $949,999
Occupant type: Vacant
MLS area: 34275 - Nokomis/North Venice
Listing AOR: Other
Status changed: 2026-04-30
Tax legal description: LOT 51, CASSATA LAKES PHASE 1, PB 56 PG 493-499

Flood risk

Minimal riskFEMA Zone X

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 I-75, take Exit 195 for County Road 762 toward Laurel Rd. Head West on Laurel Rd. E. After 1.8 miles, turn Right onto Kings Way Dr. Turn Right onto Lugano Circle. Follow signs for the M/I Homes Sales Center.

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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 4, 2026 at 11:31 AM 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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