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Off market
  • $1,503,200

    7875 Palmer Blvd, Sarasota, FL 34240

    4beds
    3,018sqft
    SingleFamily
    Built in 1982
    5 Acres Lot
    $1,503,200 Zestimate®
    $498/sqft
    $5,533 Estimated rent

    Home value

    $1,503,200

    $1.37M - $1.67M

    $5,533/mo

    Zestimate® history
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    $9,812/mo

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    What's special

    5 Acres of Tranquility-GREAT Location - NO Restrictions- No HOA. In 1996, the original owner/builder, added over 2100 sq. ft. to the original 800 sq. ft. bungalow, creating a beautiful Key West style home. At the same time, he added a pool, pool house, separate cottage, and 3-car garage with workshop, storage, and stall. The property is stunning! The 5 Acres is completely fenced, filled with oak trees and a big, stocked pond with covered dock. The big pond has a bubbler system and is surrounded by perennial plantings. There is also a Koi Pond. The Home has 3-4 Bedrooms. Upstairs is a large Master Bedroom with walk-in closet, large bathroom with double sinks, walk-in shower, and pedestal tub. A Laundry Chute is under the sink where clothes go to the downstairs laundry room. There is also an additional room off the Master that can be whatever you choose. An Office, which could be converted to another bedroom, is also on the second level. There are two Lanais also on the second floor. One overlooks the front of the property, and you can easily watch the ducks flying into the pond. The other faces the back of the property. This room is screened with vinyl sliders that create an all­ season room. On the first floor you will find two more bedrooms, bathroom, laundry room, living room with wood burning fireplace, Dining room, eat-kitchen area, and kitchen that has granite countertops along with many roll-out cabinet drawers and cabinets. The heated pool is Pebble Tec with a travertine deck. A counter surrounds the barbecue built-in-grilling area, with sink and refrigerator, storage, and bathroom. The Cottage - Outside the Lanai is a short walkway to the Cottage. This is a great area for overflow guests, but also an area that would be perfect for a business office, craft room etc. NO RESTRICTIONS: Bring your work trucks, boat, RV, animals/pets. Plenty of space! Oh, and Tatum Elementary is right down the road. Shortly after sellers purchased in 2013, numerous improvements included 100 percent fencing. Electric Gate Openers were upgraded last year at an expense of $3,500. Three pastures were gated and made available to two mini donkeys. Two stalls were installed in the barn and run-in was made available to donkeys. Lanai cage was added along with pool salt system $13,000. Complete renovation of both bathrooms, including glass shower stalls, tile floors, tub, and vanities with granite tops. Complete renovation of kitchen including new cabinets, island, tile floors, sink, stove, refrigerator, and microwave. Laundry room was renovated with new tile floor and tile counter. Pool kitchen and bath were completely renovated, travertine floor tile, counter, and $1,000 grill. Irrigation was completed to the street. Irrigation is separate from house water supply with water lines running throughout the front yard and front pasture. Roll-down Awning added to lanai and awning added to gazebo. A 1 ½ HP bubbler system added to pond to aerate for fish quality of life Koi-pond water refresh system. Water treatment system was upgraded with 1 ½ hp variable speed well pump, Pentair Pressure Control System, and reverse osmosis filter system in kitchen. Pool and Lanai decks were upgraded with Pebble Tech pool surfacing and Travertine Lanai decking $30,000. NO HOA: Correct! You do not have to pay to live on your property! Sellers would like up to a 4-week post occupancy if possible.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • central
    Cooling
    • Central
    Features
    • Flooring: Tile, Carpet, Hardwood
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 3,018 sqft

    Property

    Parking
    • Parking features: Garage, Open
    Features
    • Exterior features: Other
    • Has spa: Yes
    Lot
    • Size: 5 Acres
    Details
    • Parcel number: 0233013825

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Wood
    • Foundation: Slab
    • Roof: Metal
    Condition
    • Year built: 1982

    Community & HOA

    Location
    • Region: Sarasota

    Financial & listing details

    • Price per square foot: $498/sqft
    • Tax assessed value: $1,079,800
    • Annual tax amount: $7,435

    Price history

    DateEventPrice
    7/14/2022Sold$1,280,000+0.4%$424/sqft
    Source: Public Record Report a problem
    5/17/2022Pending sale$1,275,000$422/sqft
    Source: Stellar MLS #A4535342 Report a problem
    5/16/2022Listed for sale$1,275,000+152.5%$422/sqft
    Source: Stellar MLS #A4535342 Report a problem
    3/1/2013Sold$505,000+1.2%$167/sqft
    Source: Public Record Report a problem
    12/21/2012Listed for sale$499,000-26.5%$165/sqft
    Source: SANDALS REALTY OF SARASOTA #A3970486 Report a problem
    12/24/2011Listing removed$679,000$225/sqft
    Source: SANDALS REALTY OF SARASOTA #A3945202 Report a problem
    11/9/2011Price change$679,000-13.8%$225/sqft
    Source: SANDALS REALTY OF SARASOTA #A3945202 Report a problem
    6/25/2011Listed for sale$787,500$261/sqft
    Source: SANDALS REALTY OF SARASOTA #A3945202 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,435 +2.7%$612,098 +2.9%
    2024$7,239 +3.5%$594,847 +3%
    2023$6,996 +29.4%$577,521 +31.7%
    2022$5,405 +0.9%$438,539 +3%
    2021$5,354 -0.4%$425,766 +1.4%
    2020$5,374 +3.3%$419,888 +2.3%
    2019$5,203 $410,448 +1.9%
    2018$5,203 +2.2%$402,795 +2.1%
    2017$5,091 -3.8%$394,510 -28.3%
    2016$5,292 $550,200 +25.5%
    2015$5,292 +0.4%$438,300 +72%
    2014$5,273 +44.7%$254,871 -38.6%
    2013$3,645 +2.5%$414,900 +65.6%
    2012$3,555 +4.3%$250,611 +3%
    2011$3,408 -1.9%$243,312 +1.5%
    2010$3,475 +7.1%$239,716 +2.7%
    2009$3,246 $233,414 +0.1%
    2008$3,246 -2.1%$233,181 +3%
    2007$3,315 $226,389 +2.5%
    2006-- $220,867 +3%
    2005-- $214,434 +3%
    2004$3,432 -0.9%$208,188 +1.9%
    2003$3,464 -1.1%$204,306 +2.4%
    2002$3,502 +7%$199,518 +1.6%
    2001$3,273 +2.8%$196,376 +3%
    2000$3,184 $190,656
    Find assessor info on the county website

    Neighborhood: Mockingbird Parish

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,503,200
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    Estimated market value
    $1,503,200