12724 LATERAL ROOT DRIVE, SARASOTA, FL, 34238
Active21 days on marketListed Jul 13, 2026MLS #A4699876
About this home
12724 LATERAL ROOT DRIVE
This beautifully maintained 4 bedroom, 2 bathroom single-family home puts space, privacy, and convenience front and center. An open-concept kitchen with stainless steel appliances flows into tile-floored living areas, while the private owner's suite, in-unit washer/dryer, and 2-car garage deliver everyday ease. Outside, a covered patio make this pet-friendly rental perfect for entertaining or simply unwinding. Located in a quiet, family-friendly community near shopping, top-rated schools, parks with easy access to the highway and employment hubs, this move-in ready home is freshly touched up, professionally cleaned, and fully inspected, ready for you today. ADDITIONAL FEES AND RENTAL INFORMATION: Move-In Funds: Minimum 1st month rent, 1 month security deposit Available for minimum one-year lease with option to renew. HOA Application Fee: $100; 14-day approval timeframe Tenant Responsible for: Electric & Water Pets: Small pet (dog/cat) negotiable. 1 pet maximum. $25/mo. pet rent and $250 refundable pet security deposit. Security Deposit Option: Ask about applying for a zero-security deposit option through our partnership with The Guarantors. At PMI Southwest Florida, we strive to provide an experience that is cost effective and convenient. That’s why we provide a Resident Benefits Package (RBP) to address common headaches for our residents. Our Standard Program handles insurance, air filter changes, utility set up, credit building, rent rewards and more at a rate of *$39.95/month, added to every property as a required program. You have the option to elect our Premium Program, which includes all of the above plus identity protection & pest control at a rate of *$49.95/month. *If you provide your own insurance policy, the RBP cost will be reduced by $11.95, which is the amount of the insurance premium billed by Second Nature Insurance Services This home also comes with high speed internet up to 1 Gig at an exclusive group rate of $65.00, and includes 24/7 premium support and setup to help get you connected at move-in.
Facts & features
The home at a glance
4
Bedrooms
2
Bathrooms
1,839
Sqft
0.15 ac
Lot size
2
Garage
2022
Year built
One
Levels
$2
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Principal and interest plus estimated taxes and insurance. Run your own numbers below.
$181 /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
$181/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Estimates only — taxes at 1.1%/yr and typical insurance; 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.
$/sqft vs Sarasota actives
$2 vs $343
Days on market
21 vs 58 typical
Where $2/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 →
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 99% below the Sarasota median. See the full Sarasota market guide →
Paper trail
This home's history
Reality check
What actually sold near 12724 LATERAL ROOT DRIVE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Jun ’26$483,500
5667 WOODLAND SAGE DRIVE · same community
4 bd · 2.5 ba · 2,045 sqft · $236/sqft · 14 DOM
Sold · Jun ’26$500,000
5744 WOODLAND SAGE DRIVE · same community
4 bd · 2.5 ba · 2,045 sqft · $244/sqft · 19 DOM
Sold · Jun ’26$1,002,500
5820 MILLENNIUM SILVER COURT · same community
5 bd · 4 ba · 3,840 sqft · $261/sqft · 44 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 12724 LATERAL ROOT DRIVE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 12724 LATERAL ROOT DRIVE — 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
12724 LATERAL ROOT DRIVE FAQs
What would the monthly payment be for 12724 LATERAL ROOT DRIVE?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $181/mo — principal and interest, estimated property taxes 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.
Are pets allowed at 12724 LATERAL ROOT DRIVE?+
The listing reports pets: 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 $2,895, this home is listed about 99% below the Sarasota median of $570,000. The market section on this page shows how the area is trending.
Keep looking
Similar homes nearby
Listing courtesy of PMI SOUTHWEST FLORIDA · Brandon Green. MLS #A4699876.
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.
Never miss a listing
New Sarasota homes, in your inbox
Like 12724 LATERAL ROOT DRIVE but not quite? A daily digest of every new listing in Sarasota — straight from the MLS, hours after it goes live. Unsubscribe anytime.
Just watching this one home? Ask Gavin to ping you on any price or status change →