by Global Lifestyle Properties

See Home Value
$572,000
● House - Off Market

3951 PALAU DRIVE

SARASOTA, FL 34241
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,558 Ft²
$3,522
Est. Monthly
4.02%
Cap Rate

About This Property

Welcome to Resort Palau. Modern meets Mediterranean in this upgraded private oasis in the heart of Sarasota.

Upon approaching the entry, you'll be amazed by the oversized front door.  Stepping in, your greeted by a live edge & epoxy shelf and a Chihuly inspired light fixture.  Look up to see the clouds as the venetian plaster continues on the high ceiling.  You'll find custom epoxy counters where the waves meet the shore in the bathroom and dining area.  Undermount lighting, double oven, French door fridge, water filtration, a pantry, granite counters and bar fridge complete the custom kitchen boasting hand chipped tile work.  The venetian plaster continues complementing the herringbone tile adding to the richness and charm.  Enjoy your morning coffee watching the sunrise from the large master bedroom with a walk-in closet and ensuite.  Or walk through the French doors to the enclosed lanai for your morning redlight therapy.  Finish the day detoxing in the jetted tub. Inside and out, top to bottom, the upgrades and amenities offer luxury, tranquility & convenience in this meticulously maintained home.

Sitting on almost a ½ acre lot, the beautifully landscaped fully enclosed lot with irrigation boasts queen palms, mature oak trees, fruit trees and flowers.  From cascading bougainvillea to fragrant white jasmine to orchids abound, a live bromeliad wall and a magnificent staghorn fern, there is always something in bloom.  The hammock by the koi pond offers complete Zen while the BBQ and pool area offer the perfect entertaining space.  Rinse off at the solar heated outdoor shower after a dip in the sparkling gunnite heated pool and spa.  Happy hour awaits poolside at the firepit.  The in-law suite or guest house with its own full bathroom, a/c and mini kitchen will host all the family and friends that visit once you make this house your home.  Or use it for a home office, studio or gym. Either way, this flex space turns this property into a 4 bed 3 bath.  The workshop provides endless possibilities, and the garden shed offers added storage.

No deed restrictions, no HOA fees and minutes from shopping, dining, top schools, golfing and entertainment.  Don't miss the chance to own true resort style living.  Schedule your showing today.
Unit Size
1,558 Ft²
Days on Market
142 days
Land Size
0.38 acres
Price per sqft
$397
Property Type
House
Property Taxes
$483
HOA Dues
-
Year Built
1991

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Last updated: 2 years ago (Stellar MLS #A4639742)

Price History

Date / Event Date Event Price
Jun 30, 2025 Sold
Sold
May 18, 2025 In contract -
In contract
May 10, 2025 Price Decreased $619,000
↓ $31K (4.8%)
Price Decreased
Apr 29, 2025 Price Decreased $649,900
↓ $25K (3.7%)
Price Decreased
Mar 31, 2025 Price Decreased $675,000
↓ $25K (3.6%)
Price Decreased
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Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 2011
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 18
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 5
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 462
  • Parking Space Count: 2
  • Patio Type: 5
  • Porch Type: 111
  • Pool Type: 8
  • Location Influence Type: 125

    Dimensions

  • Lot Size Square Feet: 16,766
  • Total Building Area: 2,020
  • Gross Building Area: 2,400
  • Building Area: 1,558
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,558
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAKE SARASOTA UNIT 17
  • Land Acres: 0000000385
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 001
  • Legal Description 1: LOT 1581 LAKE SARASOTA UNIT 17

Neighborhood

  • School District Name: Sarasota County School District
  • School Tax School District: A055 F052 G054
  • Census Tract: 001402

Zoning

  • Zoning: RSF3

Geography

  • Assessors Map Reference: 30B
  • Account Number: 0259050033
  • Subdivision Tract Number: 1293
  • Parcel: 0259-05-0033
  • Lot: 1581
  • Meridian: SEC 05 TWN 37S RNG 19E
  • Municipality: SARASOTA COUNTY
  • Latitude: 27.2962
  • Longitude: -82.4299

    Address

  • Full Address: 3951 Palau Dr
  • Legal Unit: 17
  • Address - House Number: 3951
  • Address - Street Name: Palau
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Sarasota
  • Carrier Code: R004
  • 4-Digit Zip Code: 5842
  • Zip Code: 34241

Valuation

    Tax

  • Total Area: 2,448
  • Tax Year: 2023
  • Tax Amount: $574,272
  • Tax Rate Code Area: 0100

    Appraisal Valuation

  • Standard Deviation: 0.1905
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 74
  • Final Value: 577,144
  • High Value: 687,130
  • Low Value: 467,158

    Market Valuation

  • Market Total Value: $443,700
  • Market Land Value: $150,800
  • Market Improvement Value: $292,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $443,700
  • Assessed Land Value: $150,800
  • Assessed Improvements Value: $292,900

    Sales

  • Current Sale Contract Date: Mar 03, 2022
  • Current Sale Recording Date: Mar 03, 2022
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 36603
  • Previous Sale Recording Date: Jan 15, 2002
  • Previous Sale Contract Date: Jan 09, 2002
  • Previous Sale Amount: $145,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Lake Sarasota


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Frequently Asked Questions

When was property at 3951 Palau Drive built and last sold?
The property at 3951 Palau Drive was built in 1991 and last sold on Mar 3, 2022 for $612,800.
How much is this home worth?
The estimated value of the home located at 3951 Palau Drive is $618,338.
What are some comparable homes to 3951 Palau Drive?
There are currently no comparable homes to 3951 Palau Drive.

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