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Sold for $415,000
  • $415,000

    4062 PALAU DRIVE, SARASOTA, FL 34241

    3beds
    1,237sqft
    Single Family Residence
    Built in 1983
    7,560 Square Feet Lot
    $390,300 Zestimate®
    $335/sqft
    $2,933 Estimated rent

    Home value

    $390,300

    $351,000 - $433,000

    $2,933/mo

    Zestimate® history
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    What's special

    Ranch style homeFreshly painted garage floorScreened in pool areaLaminate vinyl plankNew fenceGalley kitchen
    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!

    Zillow last checked:

    Listing updated:

    Listed by:

    Brittani Bomar 941-920-0770,

    KW SUNCOAST 941-792-2000

    Bought with:

    Konstantinos Panagiotopoulos, 3613828

    HOMESMART

    Source: Stellar MLS,MLS#: A4641808MLS LogoOriginating MLS: Sarasota - Manatee

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Primary bedroom
    • Features: Ceiling Fan(s), En Suite Bathroom, Built-in Closet
    • Level: First
    Bedroom 2
    • Features: Ceiling Fan(s), Built-in Closet
    • Level: First
    Bedroom 3
    • Features: Ceiling Fan(s), Built-in Closet
    • Level: First
    Primary bathroom
    • Features: Exhaust Fan, Shower No Tub, Single Vanity
    • Level: First
    Bathroom 2
    • Features: Exhaust Fan, Single Vanity, Tub With Shower
    • Level: First
    Balcony porch lanai
    • Level: First
    Dining room
    • Level: First
    Family room
    • Features: No Closet
    • Level: First
    Kitchen
    • Level: First
    Living room
    • Level: First
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
    • Laundry: Electric Dryer Hookup, In Garage, Washer Hookup
    Features
    • Ceiling Fan(s)
    • Flooring: Laminate, Tile
    • Doors: Sliding Doors
    • Has fireplace: No
    Interior area
    • Total structure area: 1,788
    • Total interior livable area: 1,237 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage
    • Garage spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Exterior features: Rain Gutters, Storage
    • Has private pool: Yes
    • Pool features: Gunite, In Ground, Lighting, Salt Water
    • Spa features: In Ground
    Lot
    • Size: 7,560 Square Feet
    Details
    • Parcel number: 0261090073
    • Zoning: RSF3
    • Special conditions: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Concrete, Stucco
    • Foundation: Slab
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1983

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: None
    • Utilities for property: Cable Connected, Electricity Connected, Public, Water Connected

    Community & HOA

    Community
    • Pet fee: $0 monthly
    • Subdivision: LAKE SARASOTA
    HOA
    • Has HOA: No
    Location
    • Region: Sarasota

    Financial & listing details

    • Price per square foot: $335/sqft
    • Tax assessed value: $296,100
    • Annual tax amount: $2,647
    • Date on market: 3/1/2025
    • Cumulative days on market: 2 days
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Ownership: Fee Simple
    • Total actual rent: 0
    • Electric utility on property: Yes
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    4/4/2025Sold$415,000$335/sqft
    Source: Stellar MLS #A4641808 Report a problem
    3/4/2025Pending sale$415,000$335/sqft
    Source: Stellar MLS #A4641808 Report a problem
    3/1/2025Listed for sale$415,000+492.9%$335/sqft
    Source: Stellar MLS #A4641808 Report a problem
    2/3/2009Sold$70,000-57.6%$57/sqft
    Source: Public Record Report a problem
    8/5/2003Sold$165,000+89%$133/sqft
    Source: Public Record Report a problem
    6/8/1993Sold$87,300$71/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,747 +3.8%$222,634 +2.9%
    2024$2,648 +4.8%$216,360 +3%
    2023$2,528 +2.8%$210,058 +3%
    2022$2,459 +2%$203,940 +3%
    2021$2,410 -12.8%$198,000 +5.3%
    2020$2,765 +144.8%$188,100 +95.6%
    2019$1,130 $96,164 +1.9%
    2018$1,130 +4.4%$94,371 +2.1%
    2017$1,082 +0.9%$92,430 -38.2%
    2016$1,072 +1.3%$149,500 +12.7%
    2015$1,058 -0.7%$132,700 +51%
    2014$1,065 +0.5%$87,869
    2013$1,060 +2.8%$87,869 +1.7%
    2012$1,032 -13.3%$86,400 -12.6%
    2011$1,190 -16.9%$98,900 -12.9%
    2010$1,432 -17.6%$113,600 -7.8%
    2009$1,739 $123,200 -13.6%
    2008$1,739 -5.2%$142,582 +3%
    2007$1,834 $138,429 +2.5%
    2006-- $135,053 +3%
    2005-- $131,119 +3%
    2004$1,889 +32.5%$127,300 +36.4%
    2003$1,425 +0.1%$93,357 +2.4%
    2002$1,424 +7.6%$91,169 +1.6%
    2001$1,323 +1.6%$89,733 +3%
    2000$1,302 $87,119
    Find assessor info on the county website

    Neighborhood: Lake Sarasota

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Lakeview Elementary
    • Middle: Sarasota Middle
    • High: Sarasota High

    Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $390,300
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $390,300