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4187 Palau Drive

SARASOTA, FL 34241

3 beds
2 baths
1,219 sqft
7,560 sqft lot
$254 per sqft
1980 build
– on site

Under contract-accepting backup offers. INVESTOR ALERT! Three bedroom, two bathroom home located in Lake Sarasota. Main home Currently used as a one bed, one bath, living room, kitchen and additional room that was used as an art studio. The other portion of the home was used as a rented efficiency one bed, one bath, and iving room area with it's own private entrance. Home could be converted back to a 3/2 if buyer did not want to utilize the efficiency space. This home needs TLC and is priced to sell as listing price is less than appraised value. Inspections must be conducted before accepted offer. Excellent location near Bee Ridge and I-75 and top A-rated school district. Sold AS-IS. Cash only.

Listing courtesy of STELLAR_MLS / PREFERRED SHORE LLC

Last checked: Checking… • Last updated Nov 18, 2024 •

MLS# A4629011 —

The Building

Year Built:

1980
New Construction:

false
Construction Materials:

Wood Siding
Levels:

One
Stories Total:

1
Roof:

Shingle
Foundation Details:

Slab
Building Area Total:

1219
Building Area Units:

Square Feet
Building Area Source:

Public Records

Interior

Interior Features:

Ceiling Fan(s)
Flooring:

Carpet
Fireplace:

true

Room Dimensions

Living Area:

1219
Living Area Units:

Square Feet
Living Area Source:

Public Records

Location

Directions:

From I-75, go east on Bee Ridge Rd. Take a right onto Mauna Loa Blvd., Left onto Friendship Drive, Right onto Palau Dr., Home is on the right.
Latitude:

27.295584
Longitude:

-82.439162
Coordinates:

-82.439162, 27.295584

The Property

Parcel Number:

0261070075
Property Type:

Residential
Property Subtype:

Single Family Residence
Lot Features:

Near Golf Course
Lot Size Acres:

0.17
Lot Size Area:

7560
Lot Size SqFt:

7560
Lot Size Units:

Square Feet
Total Acres:

0 to less than 1/4
Zoning:

RSF3
Direction Faces:

East
View:

false
Exterior Features:

Sidewalk
Water Source:

Public
Road Surface Type:

Paved
Road Frontage Type:

Street Paved
Flood Zone Code:

X
Additional Parcels:

false
Homestead:

true
Lease Restrictions:

false
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Lot:

516
Tax Legal Description:

LOT 516 LESS NLY 2 FT THEREOF ALSO NLY 2 FT OF LOT 517 LAKE SARASOTA UNIT 7
Tax Book Number:

8-88
Tax Annual Amount:

1140.87

Beds

Bedrooms Total:

3

Baths

Total Baths:

2
Total Baths:

2
Full Baths:

2

The Listing

Virtual Tour URL Unbranded:

https://www.propertypanorama.com/instaview/stellar/A4629011
Special Listing Conditions:

None

Heating & Cooling

Heating:

Central
Heating:

true
Cooling:

Central Air
Cooling:

true

Utilities

Utilities:

Electricity Connected
Sewer:

Public Sewer

Appliances

Appliances:

Dryer
Laundry Features:

In Garage

Schools

Elementary School:

Lakeview Elementary
Middle Or Junior School:

Sarasota Middle
High School:

Riverview High

The Community

Subdivision Name:

LAKE SARASOTA
Senior Community:

false
Water View:

false
Water Access:

false
Waterfront:

false
Pool Private:

false
Association:

false
Ownership:

Fee Simple

Parking

Garage:

true
Attached Garage:

true
Garage Spaces:

2
Carport:

false
Covered Spaces:

2

Monthly cost estimate

Asking price

$310,000

Expense	Monthly cost
Mortgage	$1,659
Taxes	$95
Insurance	$85
Utilities	$139 See report
Total	$1,978/mo.^*
	^*This is an estimate

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Sale history

Date	Event	Source	Price	% Change
11/18/24 Nov 18, 2024	Pending	STELLAR_MLS	$310,000
11/13/24 Nov 13, 2024	Listed / Active	STELLAR_MLS	$310,000

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Similar sold homes

This house located in Lake Sarasota, FL 34241 is currently pending sale for $310,000. 4187 Palau Drive is a 1,219 square foot house with 3 beds and 2 baths that has been on Estately for 11 days. This house is in the attendance area of Sarasota Middle School, Lakeview Elementary School, and Sarasota High School.

Listing Courtesy of: STELLAR_MLS and PREFERRED SHORE LLC.

Based on information from the My Florida Regional MLS DBA Stellar MLS 2024.

All information provided is deemed reliable but is not guaranteed and should be independently verified. Stellar MLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing 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. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. Stellar MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. For any questions please call (407) 499-8911.