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$415,000

Beds
3
Baths
2.0
sq ft
1,237

4062 Palau Dr, Sarasota, FL 34241

4062 Palau Dr

SARASOTA, FL 34241

  • <1 day on market
    • Open house Mar 01
Welcome to 4062 Palau Drive in Lake Sarasota, Florida! A beautiful, ranch style home that has withstood all hurricanes, is in an "X" flood zone, and has never lost power! Conveniently located just 20 minutes from world-renowned Siesta Key Beach, this 3 bedroom, 2 bath is the perfect home for those looking for a place to get away from the harsh northern winters or those looking to purchase their first Florida home! Meticulously kept and cared for, this home boasts separate living and family rooms along with a galley kitchen connecting the dining room and family room that opens to your screened in pool area and backyard. Cozy up on the covered front porch with a cup of warm coffee or jump in for a swim in your saltwater pool after picking fresh oranges or limes off of the citrus tree in the backyard. The new fence installed in 2023, that has withstood hurricane winds as well, provides privacy and expansive space for your pets or family to enjoy! Refreshed and replaced screens will keep your pool protected and cool all summer long. With 3 spacious, bedrooms there is plenty of space for guests and a home office. Brand new garage mechanics, a freshly painted garage floor, and like-new garage storage cabinets are ready for you to pull into the drive and call it your own! Updates: High Impact Windows (<5 years), HVAC (2018), Washer and Dryer (<5 years), Laminate Vinyl Plank in all bedrooms (<4 years), Pool Inspected prior to listing, Backyard Shed, No HOA!

Details

Property type

Single Family Residence

Est. home value

$429,603

Lot size

7,560 sq ft

Price per sq ft

$336

Year built

1983

Annual property taxes

$2,647.81

HOA

No

Price History

03/01/2025
StellarMLS

StellarMLS #A4641808

Listed
$415,000

Schools & Community

Neighborhood: 

Lake Sarasota

Elementary school: 

Lakeview Elementary

Middle school: 

Sarasota Middle

High school: 

Sarasota High

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$235,068
Asking price
$415,000
Closing costs (~8% of asking)
-$33,200
Est. remaining loan balance
-$146,732
Cash to seller
$235,068

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

January 2022

Original loan amount

$157,000

Est. remaining balance

$146,732

Interest rate

3.1%

Loan type

New Conventional, 30 year

Seller

Kim Shorey

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 03/01/2025 at 3:35 PM

Listing updated: 03/01/2025 at 1:10 PM

Listed by: Brittani Bomar, KW SUNCOAST Phone #: (941) 792-2000

MLS: StellarMLS #A4641808

StellarMLS logo

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