5451 LAGO MAGGIO STREET, SARASOTA, FL, 34238
Active261 days on marketListed Nov 17, 2025MLS #A4672385
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Philip Pisano 941 468-8603
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Sun, Aug 23
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Philip Pisano 941 468-8603
About this home
5451 LAGO MAGGIO STREET
Experience waterfront living at its finest in this pristine Arezzo floor plan featuring 3 bedrooms, 2 baths, and a versatile den, all enhanced by an extended lanai showcasing breathtaking, unobstructed water views from a premium southern-exposure lot. Nestled within the gated Esplanade on Palmer Ranch community, this meticulously maintained home offers an efficient open floor plan with modern kitchen appointments including white maple cabinets, quartz countertops, and gas cooking, while solar panels with battery storage keep electric bills averaging just $35 monthly. The property features extensive custom landscaping, remote-controlled hurricane screens, whole house water filtration, and numerous premium upgrades throughout. Beyond the home itself, residents enjoy an exceptional resort-style lifestyle with state-of-the-art fitness center, wellness services, resort-style pool and spa, pickleball, tennis, bocce courts, dog parks, walking paths with private Legacy Bike Trail access, and the exclusive Bahama Bar offering restaurant and full-service bar—all within a vibrant community offering a full calendar of activities and social opportunities. This is more than a home—it's your gateway to the waterfront lifestyle you've been dreaming of. Remote Controlled Hurricane screens/ shutters, Solar power system with battery storage.
Facts & features
The home at a glance
3
Bedrooms
2
Bathrooms
1,918
Sqft
0.15 ac
Lot size
2
Garage
2022
Year built
One
Levels
$378
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.
$5,446 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
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
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$5,446/mo
Includes estimated PMI — it drops off once you reach 20% equity. 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
+5.5%
$/sqft vs Sarasota actives
$378 vs $344
Days on market
261 vs 61 typical
Where $378/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
$475K → $500K
Sarasota median sold, yr/yr
95.2%
Sale-to-list ratio (12 mo)
159 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 174% above the SARASOTA 34238 median. See the full Sarasota market guide →
Paper trail
This home's history
Reality check
What actually sold near 5451 LAGO MAGGIO STREET
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Feb ’26$745,000
12416 PARIGI WAY · same community
3 bd · 2 ba · 1,918 sqft · $388/sqft · 37 DOM
Sold · Apr ’26$685,000
5335 CICERONE STREET · same community
2 bd · 2 ba · 1,682 sqft · $407/sqft · 7 DOM
Sold · Apr ’26$680,000
5400 LAMPIASI STREET · same community
2 bd · 2 ba · 1,682 sqft · $404/sqft · 58 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
Eric Chery
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 5451 LAGO MAGGIO STREET — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 5451 LAGO MAGGIO STREET — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to Eric's phone and CRM.
Straight answers
5451 LAGO MAGGIO STREET FAQs
What would the monthly payment be for 5451 LAGO MAGGIO STREET?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $5,446/mo — principal and interest, the actual property-tax bill, the $520/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 5451 LAGO MAGGIO STREET?+
The association fee works out to $520 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 5451 LAGO MAGGIO STREET?+
The most recent tax bill on record (2024) was $6,987. 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 5451 LAGO MAGGIO STREET?+
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 $725,000, this home is listed about 26% above the Sarasota median of $574,945. The market section on this page shows how the area is trending.
Which schools are assigned to 5451 LAGO MAGGIO STREET?+
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
$725,000 runs 174% above the SARASOTA 34238 median.
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 $520/mo. That usually buys real services — verify what's covered before comparing this home against fee-free alternatives.
04Time on market is leverage
261 days on market against a Sarasota median of 61 — sellers in this position are usually ready to negotiate.
05Strong assigned schools
Laurel Nokomis School, Venice Senior High School — Laurel Nokomis School rates 4 of 5. Always verify assignments with the district.
Keep looking
Similar homes nearby
Listing courtesy of MICHAEL SAUNDERS & COMPANY · Philip Pisano, III. MLS #A4672385.
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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