Welcome to 8506 Frangipani Terrace, located in the highly sought after Windward at Lakewood Ranch community. This meticulously maintained Dream 2 model offers 3 bedrooms, 2 bathrooms, a den, pool and an extended 2 car garage on a premier corner lot. No future home is planned for the property directly behind due to the presence of a mature, stately live oak tree whose beauty can be enjoyed from nearly every common room in the home. Originally purchased as a second home before the owner’s plans changed, this never occupied residence shows like a meticulously maintained model home throughout. Walking through the front door, you are welcomed by an open floor plan with peaceful views of the backyard pool area and privacy landscaping. A pocket sliding glass door opens seamlessly to the clearview screened and pavered lanai area featuring a new heated saltwater pool, creating the ideal indoor/outdoor living experience. The gourmet kitchen features upgraded cabinetry, quartz countertops, GE appliances, a spacious center island, and a generous walk in pantry. Wood look tile flows throughout the main living areas and den, while upgraded carpeting adds warmth and comfort to the bedrooms. Additional upgrades and highlights include tray ceilings with crown molding in the great room, upgraded lighting and plumbing fixtures, plantation shutters, motorized privacy blind in the living room, recessed lighting throughout, impact glass windows and doors throughout, an extended 2 car garage with epoxy flooring, a smart home security system, a 240V electric vehicle hookup, and 8 foot doors and doorways that further enhance the spacious feel of the home. Privately situated at the rear of the home, the owner’s suite offers oversized walk in closets and a beautifully upgraded ensuite bathroom with dual vanities, upgraded cabinetry, designer tile selections, and a large walk in shower. Two guest bedrooms and a secondary bathroom are positioned on the opposite side of the home, while the den provides flexibility for a home office, sitting room, or media space. Windward is one of Lakewood Ranch’s premier gated communities, offering resort style amenities including a swimming pool, children’s pool, spa, pickleball courts, tennis courts, dog parks, clubhouse, fitness center, playground, and an onsite activities director coordinating social events throughout the year. Conveniently located near Waterside Place, downtown Sarasota, dining, shopping, and the area’s best beaches, this home offers the perfect blend of luxury, privacy, and convenience. Why wait to build when you can move right into this beautifully upgraded, move in ready home?
Sold for $640,000
$640,000
8506 FRANGIPANI TERRACE, SARASOTA, FL 34240
3beds
1,862sqft
Single Family Residence
Built in 2024
6,726 Square Feet Lot
$639,800 Zestimate®
$344/sqft
$4,086 Estimated rent
Home value
$639,800
$589,000 - $697,000
$4,086/mo
Zestimate® history
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List your homeWhat's special
New heated saltwater poolTwo guest bedroomsSpacious center islandQuartz countertopsOpen floor planGenerous walk in pantrySmart home security system
Zillow last checked:
Listing updated:
Listed by:
Halie Monde 941-735-4707,
KW COASTAL LIVING III 941-900-4151,
Laura Rode 941-724-9957,
KW COASTAL LIVING III
Bought with:
Liz Snyder, 0678494
PREMIER SOTHEBY'S INTERNATIONAL REALTY
Lisa Morreale, 3230901
PREMIER SOTHEBY'S INTERNATIONAL REALTY
Source: Stellar MLS,MLS#: A4694557
Originating MLS: Sarasota - Manatee
Originating MLS: Sarasota - Manatee
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Den/Library/Office
Primary bedroom
- Features: Ceiling Fan(s), Walk-In Closet(s)
- Level: First
- Area: 224 Square Feet
- Dimensions: 16x14
Bedroom 2
- Features: Walk-In Closet(s)
- Level: First
- Area: 143 Square Feet
- Dimensions: 11x13
Bedroom 3
- Features: Walk-In Closet(s)
- Level: First
- Area: 121 Square Feet
- Dimensions: 11x11
Primary bathroom
- Features: Dual Sinks, En Suite Bathroom, Shower No Tub
- Level: First
- Area: 98 Square Feet
- Dimensions: 7x14
Bathroom 2
- Features: Tub With Shower
- Level: First
- Area: 63 Square Feet
- Dimensions: 7x9
Balcony porch lanai
- Level: First
- Area: 896 Square Feet
- Dimensions: 32x28
Dining room
- Level: First
- Area: 143 Square Feet
- Dimensions: 11x13
Kitchen
- Features: Breakfast Bar, Pantry
- Level: First
- Area: 187 Square Feet
- Dimensions: 11x17
Laundry
- Level: First
- Area: 66 Square Feet
- Dimensions: 11x6
Living room
- Features: Ceiling Fan(s)
- Level: First
- Area: 240 Square Feet
- Dimensions: 15x16
Office
- Level: First
- Area: 132 Square Feet
- Dimensions: 11x12
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Range, Refrigerator, Washer
- Laundry: Gas Dryer Hookup, Laundry Room
Features
- Ceiling Fan(s), Coffered Ceiling(s), Eating Space In Kitchen, Kitchen/Family Room Combo, Open Floorplan, Primary Bedroom Main Floor, Smart Home, Solid Surface Counters, Split Bedroom, Tray Ceiling(s), Walk-In Closet(s)
- Flooring: Carpet, Tile
- Doors: Sliding Doors
- Windows: Window Treatments, Hurricane Shutters/Windows
- Has fireplace: No
Interior area
- Total structure area: 2,524
- Total interior livable area: 1,862 sqft
Property
Parking
- Total spaces: 2
- Parking features: Electric Vehicle Charging Station(s), Oversized
- Attached garage spaces: 2
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Front Porch, Patio, Screened
- Exterior features: Sidewalk
- Has private pool: Yes
- Pool features: Heated, Salt Water, Screen Enclosure
Lot
- Size: 6,726 Square Feet
- Features: Corner Lot
- Residential vegetation: Mature Landscaping, Oak Trees, Trees/Landscaped
Details
- Parcel number: 0208090111
- Zoning: VPD
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Block, Stucco
- Foundation: Slab
- Roof: Tile
Condition
- New construction: No
- Year built: 2024
Details
- Builder model: Dream
- Builder name: Neal Communities of Southwest Florida, LLC
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Water Connected
Community & HOA
Community
- Features: Clubhouse, Community Mailbox, Deed Restrictions, Dog Park, Fitness Center, Gated Community - No Guard, Golf Carts OK, Irrigation-Reclaimed Water, Park, Playground, Pool, Sidewalks, Special Community Restrictions, Tennis Court(s)
- Security: Gated Community
- Pet fee: $0 monthly
- Subdivision: WINDWARD/LAKEWOOD RANCH PH 1
HOA
- Has HOA: Yes
- Amenities included: Clubhouse, Fitness Center, Park, Pickleball Court(s), Playground, Pool, Spa/Hot Tub, Tennis Court(s), Trail(s)
- Services included: Community Pool, Maintenance Grounds, Manager, Pool Maintenance, Recreational Facilities
- HOA fee: $295 monthly
- HOA name: CMS - Tracye Hecht
- HOA phone: 941-328-1056
Location
- Region: Sarasota
Financial & listing details
- Price per square foot: $344/sqft
- Tax assessed value: $475,900
- Annual tax amount: $8,025
- Date on market: 5/29/2026
- Cumulative days on market: 4 days
- Ownership: Fee Simple
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 7/7/2026 | Sold | $640,000$344/sqft |
Source:  Stellar MLS #A4694557 Report a problem | ||
| 6/2/2026 | Pending sale | $640,000$344/sqft |
Source: Stellar MLS #A4694557 Report a problem | ||
| 5/30/2026 | Listed for sale | $640,000+3.2%$344/sqft |
Source: Stellar MLS #A4694557 Report a problem | ||
| 12/30/2024 | Sold | $620,000-1.4%$333/sqft |
Source: Stellar MLS #A4619361 Report a problem | ||
| 11/25/2024 | Pending sale | $629,000$338/sqft |
Source: Stellar MLS #A4619361 Report a problem | ||
| 11/11/2024 | Price change | $629,000-3.2%$338/sqft |
Source: Stellar MLS #A4619361 Report a problem | ||
| 10/4/2024 | Price change | $649,500-2.3%$349/sqft |
Source: Stellar MLS #A4619361 Report a problem | ||
| 8/19/2024 | Listed for sale | $665,000-0.1%$357/sqft |
Source: Stellar MLS #A4619361 Report a problem | ||
| 8/7/2024 | Sold | $665,527-3.4%$357/sqft |
Source: Public Record Report a problem | ||
| 8/7/2024 | Listed for sale | $689,000$370/sqft |
Source: Stellar MLS #A4619361 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,025 +187.2% | $475,900 +562.1% |
| 2024 | $2,795 +215.6% | $71,874 +10% |
| 2023 | $885 +22.5% | $65,340 +10% |
| 2022 | $723 -27.3% | $59,400 -25.6% |
| 2021 | $995 | $79,800 |
Find assessor info on the county website
Neighborhood: 34240
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Nearby schools
GreatSchools rating
- 9/10Tatum Ridge Elementary SchoolGrades: PK-5Distance: 2.4 mi
- 5/10Mcintosh Middle SchoolGrades: 6-8Distance: 5.3 mi
- 3/10Booker High SchoolGrades: 9-12Distance: 9.4 mi
Schools provided by the listing agent
- Elementary: Tatum Ridge Elementary
- Middle: McIntosh Middle
- High: Booker 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
$639,800
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Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$639,800
- Florida
- Sarasota County
- Sarasota
- 34240
- 8506 FRANGIPANI TERRACE
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