When was property at 4187 Palau Drive built and last sold?

The property at 4187 Palau Drive was built in 1980 and last sold on Jun 22, 1999 for $79,000.

How much is this home worth?

The estimated value of the home located at 4187 Palau Drive is $0.

What are some comparable homes to 4187 Palau Drive?

There are currently no comparable homes to 4187 Palau Drive.

Lake Sarasota

34241

Lake Sarasota

4187 Palau DRIVE

$275,000

● House - Off Market

4187 Palau DRIVE

SARASOTA, FL 34241

3 Beds

2 Baths

1,219 Ft²

$1,569

Est. Monthly

10.42%

Cap Rate

About This Property

INVESTOR ALERT! Three bedroom, two bathroom home located in Lake Sarasota. Main home Currently used as a one bed, one bath, living room, kitchen and additional room that was used as an art studio. The other portion of the home was used as a rented efficiency one bed, one bath, and iving room area with it's own private entrance. Home could be converted back to a 3/2 if buyer did not want to utilize the efficiency space. This home needs TLC and is priced to sell as listing price is less than appraised value. Inspections must be conducted before accepted offer. Excellent location near Bee Ridge and I-75 and top A-rated school district. Sold AS-IS. Cash only.

Unit Size

1,219 Ft²

Days on Market

107 days

Land Size

0.17 acres

Price per sqft

$246

Property Type

House

Property Taxes

$95

HOA Dues

Year Built

1980

Payment Calculator

Cap Rate Calculator

Last updated: 2 years ago (Stellar MLS #A4629011)

Price History

Date / Event	Date	Event
Feb 28, 2025	Sold	Premium
Sold
Dec 12, 2024	In contract	-
In contract
Dec 5, 2024	Price Decreased	$300,000 ↓ $10K (3.2%)
Price Decreased
Nov 27, 2024	Relisted	$310,000
Relisted
Nov 19, 2024	In contract	-
In contract
Nov 13, 2024	Listed by PREFERRED SHORE LLC	$310,000
Listed by PREFERRED SHORE LLC
Jun 24, 1999	Sold	Premium
Sold

Property Highlights

Garage

Air Conditioning

Fireplace

Building Info

Overview

General

Year Built: 1980

Effective Year Built: 1990
Building Count: 1
Total Rooms: 5
Bedroom Count: 3
Bathroom Count: 2
Full Bathrooms: 2
Partial Bathrooms: 2
Building Condition: 0
Building Quality: 7
Construction Type: 17
Building Style: 0
Exterior Walls Type: 18
Interior Walls Type: 3
Roof Shape Type: 1
Roof Cover Type: 15
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: 92
Porch Type: 111
Pool Type: 0
Location Influence Type: 125

Dimensions

Lot Size Square Feet: 7,560

Total Building Area: 1,681
Gross Building Area: 1,921
Building Area: 1,219
Building Area Measurement: L

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 1
Heating: 3
Heated Square Feet: 1,219
Heating Fuel Type: 0

Utilities

Sewer System: 1

Water Service: 2

Building

Building Type: 0

Property Class: R
Subdivision: LAKE SARASOTA UNIT 07
Land Acres: 0000000174
Standard Land Use Code: 1001
County Land Use Code: 0100
State Land Use Code: 001
Legal Description 1: LOT 516 LESS NLY 2 FT THEREOF ALSO NLY 2 FT OF LOT 517 LAKE SARASOTA UNIT 7

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: 0261070075
Subdivision Tract Number: 1236
Parcel: 0261-07-0075
Lot: 516
Meridian: SEC 06 TWN 37S RNG 19E
Municipality: SARASOTA COUNTY
Latitude: 27.2956
Longitude: -82.4392

Address

Full Address: 4187 Palau Dr

Legal Unit: 7
Address - House Number: 4187
Address - Street Name: Palau
Address - Suffix Type: Dr
State: FL
City Name: Sarasota
Carrier Code: R004
4-Digit Zip Code: 5736
Zip Code: 34241

Valuation

Tax

Total Area: 2,011

Tax Year: 2023
Tax Amount: $114,088
Tax Rate Code Area: 0100

Appraisal Valuation

Standard Deviation: 0.208

Valuation Date: Jan 10, 2024
Confidence Score: 71
Final Value: 350,484
High Value: 423,401
Low Value: 277,567

Open Liens

Total Open Liens:

Premium

Total Open Liens Amount:

Premium
First Open Lien Mortgage Lender:

Premium
First Open Lien Mortgage Recording Date:

Premium
First Open Lien Mortgage Financing Type:

Premium
First Open Lien Mortgage Loan Amount:

Premium
First Open Lien Mortgage Term:

Premium
First Open Lien Mortgage Position:

Premium
First Open Lien Mortgage Loan Type:

Premium
First Open Lien Mortgage Loan Due Date:

Premium
Second Open Lien Mortgage Lender:

Premium
Second Open Lien Mortgage Recording Date:

Premium
Second Open Lien Mortgage Financing Type:

Premium
Second Open Lien Mortgage Loan Amount:

Premium
Second Open Lien Mortgage Term:

Premium
Second Open Lien Mortgage Position:

Premium
Second Open Lien Mortgage Loan Type:

Premium
Second Open Lien Mortgage Loan Due Date:

Premium

Market Valuation

Market Total Value: $245,300

Market Land Value: $127,000
Market Improvement Value: $118,300

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $90,396

Exemptions

Homeowner Exemption: Yes

Sales

Current Sale Contract Date: Jun 22, 1999

Current Sale Recording Date: Jun 24, 1999
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 1999086247

Last Sale Mortgage

First Mortgage Lender:

Premium

First Mortgage Transaction Date:

Premium
First Mortgage Loan Amount:

Premium

Financing

First Mortgage Financing Type: FIX

Data used for valuation calculations is provided by RealtyHop, and other third party sources

Request mortgage information redaction

Comparables

About Lake Sarasota

Stats & Trends

Median Asking:

$399,000

Sale Price/ft²

$276

Below Asking

0.02%

Average Days on Market

Average Home Size

1401 ft²

Average Home Age

45.7 years

Currently For Sale

14 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 5320 Moeller Avenue, SARASOTA, FL, 34233

$3,000 /mo

3 Beds
2 Baths
1,036 ft²

5320 Moeller Avenue, SARASOTA, FL, 34233 Listing by Irma Scherer

Unit for rent at 5521 Rosehill Road, SARASOTA, FL, 34233

$2,700 /mo

2 Beds
2 Baths
1,321 ft²

5521 Rosehill Road #203, SARASOTA, FL, 34233 Listing by Cole Campbell

Unit for rent at 6511 Jarvis Road, SARASOTA, FL, 34241

$2,800 /mo

3 Beds
2 Baths
1,378 ft²

6511 Jarvis Road, SARASOTA, FL, 34241 Listing by Elena Mitchell

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Kadie Nolan
PREFERRED SHORE LLC
Last Updated: 2 years ago
Data Source: Stellar MLS, MLS# A4629011

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

4187 Palau DRIVE

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Zoning

Geography

Valuation

Comparables

About Lake Sarasota

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions