
7106 PROSPERITY CIRCLE UNIT 1201, SARASOTA, FL, 34238
Active31 days on marketListed Jul 2, 2026MLS #A4696786
About this home
7106 PROSPERITY CIRCLE UNIT 1201
Oversized, (2045sf) LAKE VIEW 2nd floor condo with 2 CAR GARAGE in beautiful, gated "Arielle" residential subdivision. Located within the sought after "Palmer Ranch" master planned residential community this unit features the best school district in the county, RIVERVIEW HIGH SCHOOL, SARASOTA MIDDLE AND GULF GATE ELEMENTARY. Features include granite counter tops, tile in all living areas, walk in closets in m/bed, garden tub, dual sinks & walk in shower, tall ceilings, large open great room plan, separate dining area and separate breakfast nook. WALKING OR BIKING DISTANCE TO LEGACY TRAIL AND APPROX 10 MINS TO SIESTA KEY. Tenant occupied paying $2,350/ month. Lease expires 7/31/2026
Facts & features
The home at a glance
3
Bedrooms
2
Bathrooms
2,045
Sqft
7.31 ac
Lot size
2
Garage
2004
Year built
Two
Levels
$176
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record and the real association fee — not generic estimates.
$3,579 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:

Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$3,579/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
vs edgeAI estimate
−16.7%
$/sqft vs Sarasota actives
$176 vs $343
Days on market
31 vs 58 typical
Where $176/sqft sits among the 400 Sarasota actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Sarasota
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Sarasota. See the full Sarasota guide →
SARASOTA 34238 — neighborhood snapshot
Population
22,808
Median age
63.9
Median income
$94,583
Median home value
$532,800
Avg household
1.94
Households w/ children
1,611
For the school run
Sarasota County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Sarasota market
$470K → $470K
Sarasota median sold, yr/yr
95.1%
Sale-to-list ratio (12 mo)
153 of 400
Sarasota actives have cut their price
Median sold price, Sarasota, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 36% above the SARASOTA 34238 median. See the full Sarasota market guide →
Paper trail
This home's history
Reality check
What actually sold near 7106 PROSPERITY CIRCLE UNIT 1201
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Mar ’26$635,000
8208 NICE WAY
3 bd · 2 ba · 2,048 sqft · $310/sqft · 103 DOM
Sold · Jul ’26$450,000
8335 NICE WAY
3 bd · 2 ba · 2,032 sqft · $221/sqft · 105 DOM
Sold · Jul ’26$572,200
8080 CARDENA LANE
3 bd · 3 ba · 2,008 sqft · $285/sqft · 25 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Gavin Hatcher
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 7106 PROSPERITY CIRCLE UNIT 1201 — start here.

Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 7106 PROSPERITY CIRCLE UNIT 1201 — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to Gavin's phone and CRM.
Straight answers
7106 PROSPERITY CIRCLE UNIT 1201 FAQs
What would the monthly payment be for 7106 PROSPERITY CIRCLE UNIT 1201?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $3,579/mo — principal and interest, the actual property-tax bill, the $760/mo association fee and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
How much are the HOA fees at 7106 PROSPERITY CIRCLE UNIT 1201?+
The association fee works out to $760 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 7106 PROSPERITY CIRCLE UNIT 1201?+
The most recent tax bill on record (2025) was $4,577. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 7106 PROSPERITY CIRCLE UNIT 1201?+
The listing reports pets: Breed Restrictions, Number Limit, Size Limit, Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Sarasota?+
At $359,900, this home is listed about 37% below the Sarasota median of $570,000. The market section on this page shows how the area is trending.
Which schools are assigned to 7106 PROSPERITY CIRCLE UNIT 1201?+
Laurel Nokomis School (elementary), Venice Senior High School (high) — Sarasota County School District. Always verify school assignments with the district before relying on them.
The brief
Five things that matter here
01Positioned at the premium end
$359,900 runs 36% above the SARASOTA 34238 median — but at 2,045 sqft it's also 22% larger than the typical Sarasota listing.
02Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
03Know the monthly fee
The association fee is $760/mo. That usually buys real services — verify what's covered before comparing this home against fee-free alternatives.
04Strong assigned schools
Laurel Nokomis School, Venice Senior High School — Laurel Nokomis School rates 4 of 5. Always verify assignments with the district.
05The price has already moved
Listed at $395,000, now $359,900 — a $35K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of ORQUERA FLORIDA INVESTMENTS · Greg Orquera. MLS #A4696786.
IDX information 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. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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