Eric Chery
$574,900$599,9005 bd3.5 ba2,830 sqft$203 /sqft$4,264 /mo all-in ↓

506 SUN CHASER DRIVE, NOKOMIS, FL, 34275

Active90 days on marketListed May 5, 2026MLS #N6144206

Reduced $25KWaterfrontSingle Family ResidenceMAGNOLIA BAY

About this home

506 SUN CHASER DRIVE

Better than brand new and only 2 years old, this energy-efficient San Marino floor plan by Meritage Homes is available now in the heart of Nokomis, located within a gated community for added privacy and peace of mind. What truly sets this home apart, and is rarely found in today’s market, is the combination of 5 true bedrooms, a spacious loft, and a dedicated flex room / home office, a layout that offers a level of space and flexibility most homes simply cannot match. Offering 5 bedrooms, 3.5 bathrooms, and a 2-car garage, this thoughtfully designed home features an open-concept layout with a highly desirable first-floor primary suite. As you enter, you’re welcomed by a versatile flex space and private office, leading into a beautifully appointed kitchen with 42-inch upper cabinets, quartz countertops, an under-mount sink, stainless steel appliances, and a corner pantry with custom wood shelving. The main living areas showcase modern tile flooring, while the primary suite offers plush carpeting, dual vanities, a spacious walk-in shower with seamless glass, and a large walk-in closet. Sliding glass doors open to a covered lanai overlooking a stunning water view with a preserve behind it, creating a private and peaceful setting. Upstairs, the rare layout continues with a large loft ideal for entertaining or additional living space, along with four spacious bedrooms, and two offering large walk-in closets, and two full bathrooms. Additional highlights include a large main-level laundry room, ample storage throughout, all appliances included, and full hurricane impact windows and doors for added peace of mind. Even better, this home is NOT located in a flood zone, meaning most lenders will not require flood insurance, a huge long-term savings. Current homeowner’s insurance is approximately $2,200 per year, which is extremely attractive for a home of this size and age. With an incredibly low HOA of just $150 per year, this home also offers convenient access to I-75 and is just minutes from shopping, dining, and the vibrant downtown areas of Sarasota and Venice. It is also ideally located near some of the area’s top-rated schools including Laurel Nokomis School, Venice High School, and the highly sought-after Gifted Pine View School. Residents of Magnolia Bay enjoy resort-style amenities including a clubhouse, pool, fitness center, pickleball courts, and more. This is your opportunity to own a like-new home with a floor plan and value that are truly hard to find.

Facts & features

The home at a glance

5

Bedrooms

3.5

Bathrooms

2,830

Sqft

0.16 ac

Lot size

2

Garage

2024

Year built

Two

Levels

$203

Per sqft

WaterfrontWater viewPets allowed

Inside

FlooringCarpet · Ceramic Tile
AppliancesCooktop · Dishwasher · Disposal · Microwave · Range · Washer
InteriorTray Ceiling(s) · Walk-In Closet(s)
LaundryInside · Laundry Room
CoolingCentral Air
HeatingElectric

Outside & construction

RoofShingle
ConstructionBlock · Wood Frame
FoundationSlab
ViewWater
FacesWest
ParkingGarage Door Opener
ExteriorSidewalk

Community & fees

HOA fee$13/mo
Taxes (2025)$9,278/yr
PetsBreed Restrictions, Cats OK, Dogs OK, Yes
CommunityClubhouse · Community Mailbox · Deed Restrictions · Fitness Center · Gated Community - No Guard · Golf Carts OK · Park · Playground · Pool · Sidewalks

Utilities & systems

UtilitiesPublic
WaterPublic

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.

$4,264 /mo · 10% down Conventional, 30-yr fixed at 6%

Principal & interest$3,102
PMI (est., until 20% equity)$216
Property tax — 2025 actual bill$773
HOA fee — from the listing$13
Insurance (FL estimate)$160

The assumptions

Loan typeConventionalDown payment10% · $57,490Loan30-yr fixed at 6%Mortgage insuranceIncludedTaxesActual bill on recordInsuranceFlorida estimate

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

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Run your own numbers

Loan type

FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.

Down payment10% · $57,490
Interest rate6.00%
Loan term

Estimated payment

$4,264/mo

Principal & interest$3,102
PMI (est., until 20% equity)$216
Property taxes (actual bill)$773
HOA / condo fee$13
Est. insurance$160

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.

List $575K
$546KedgeAI estimate $731,298 · range $568K$830K$863K

vs edgeAI estimate

−21.4%

$/sqft vs MAGNOLIA BAY

$203 vs $204

Days on market

90 vs 56 typical

Where $203/sqft sits among the 19 homes for sale in MAGNOLIA BAY

10 · this home
2
6
0
0
1
$186–217$217–249$249–280$280–312$312–343$343+

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 Nokomis

Map of 506 SUN CHASER DRIVE

Drive times from this address

Downtown Tampa74 min

Estimated driving times, typical traffic. Data © OpenStreetMap contributors.

Get to know Nokomis. See the full Nokomis guide →

NOKOMIS 34275 — neighborhood snapshot

Population

21,583

Median age

63.7

Median income

$84,503

Median home value

$435,600

Avg household

1.97

Households w/ children

1,099

For the school run

Sarasota County School District

ElementaryLaurel Nokomis School★★★★
HighVenice Senior High School★★★★

School assignments and ratings via edgeAI — always verify with the district.

The numbers that matter

The Nokomis market

Seller’s marketLeans seller3.0 months of inventoryBuyer’s market

$450K$520K

Nokomis median sold, yr/yr

95.8%

Sale-to-list ratio (12 mo)

3 of 19

MAGNOLIA BAY have cut their price

Median sold price, Nokomis, trailing 36 months (3-month rolling) · live MLS data.

This home is listed 41% above the NOKOMIS 34275 median. See the full Nokomis market guide →

Paper trail

This home's history

CurrentPrice reduced to $574,900 $25K
May 5, 2026Listed at $599,900 · 90 days on market since
2024Built · MAGNOLIA BAY

Reality check

What actually sold near 506 SUN CHASER DRIVE

Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.

140 SHADY EDGE LOOPSold · Mar ’26

$538,755

140 SHADY EDGE LOOP · same community

4 bd · 2.5 ba · 2,830 sqft · $190/sqft · 60 DOM

148 SHADY EDGE LOOPSold · May ’26

$533,000

148 SHADY EDGE LOOP · same community

4 bd · 2.5 ba · 2,830 sqft · $188/sqft · 104 DOM

309 HOLLY BANK AVENUESold · Jul ’26

$600,000

309 HOLLY BANK AVENUE · same community

4 bd · 3 ba · 2,713 sqft · $221/sqft · 149 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.

Eric Chery

Your agent

Eric Chery

Real Estate Agent · CENTURY 21 Edge

Tours, negotiation, and every question about 506 SUN CHASER DRIVE — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for 506 SUN CHASER DRIVE — 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.

Goes straight to Eric’s phone and CRM.

Straight answers

506 SUN CHASER DRIVE FAQs

What would the monthly payment be for 506 SUN CHASER DRIVE?+

With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $4,264/mo — principal and interest, the actual property-tax bill, the $13/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 506 SUN CHASER DRIVE?+

The association fee works out to $13 per month. Ask us for the full association documents — they spell out exactly what the fee covers.

What are the property taxes on 506 SUN CHASER DRIVE?+

The most recent tax bill on record (2025) was $9,278. 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 506 SUN CHASER DRIVE?+

The listing reports pets: Breed Restrictions, Cats OK, Dogs OK, 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 Nokomis?+

At $574,900, this home is listed about 15% above the Nokomis median of $499,945. The market section on this page shows how the area is trending.

Which schools are assigned to 506 SUN CHASER DRIVE?+

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

Four things that matter here

01Positioned at the premium end

$574,900 runs 41% above the NOKOMIS 34275 median — but at 2,830 sqft it's also 47% larger than the typical Nokomis listing.

02Waterfront living

This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.

03Strong assigned schools

Laurel Nokomis School, Venice Senior High School — Laurel Nokomis School rates 4 of 5. Always verify assignments with the district.

04The price has already moved

Listed at $599,900, now $574,900 — a $25K cut. The full history is in the market section below.

Listing courtesy of EVOLVE REAL ESTATE · Erik Dunigan. MLS #N6144206.

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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