Promenade Estates
Homes for Sale in Sarasota, FL
True comps, carrying-cost math, and listings before the portals.
Homes For Sale Right Now in Promenade Estates
Live MLS inventory for Promenade Estates. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.
Active · 102 daysTop listing
Active · 126 days
Active · 4 days
Active · 79 days
Active · 3 days
Active · 41 days
Active · 1 days
Active · 23 days
Active · 45 days
Pending · 123 daysActive and pending Promenade Estates listings as of 2026-10-15, priced high to low. Based on Stellar MLS data distributed by MLS GRID for the period 2021 through 2026. Tap any home to ask about it.
Promenade Estates right now
🔴 Off the recent peak. The trailing-12-month median ($500K) is down 28.6% from the prior 12 months ($700K). With about a dozen sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level Stellar MLS closed sales, 12-month windows ending August 2. Confidence: Medium (7 and 6 sales in the two windows).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
· Updated August 2, 2026 · Live data: Stellar MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
The 60-Second Overview
Promenade Estates market snapshot (as of August 2, 2026): the median sale price is about $500K ($243 per sq ft over the trailing 12 months of closed sales), and a median 66 days on market for closed sales. The trailing-12-month median is down 29% from the prior 12 months, computed from record-level Stellar MLS closed sales (7 closings in the current window).
Promenade Estates is a community of 9 homes in Sarasota, Sarasota County, built between 2020 and 2023 (median 2022), with a median living area of about 3,345 square feet. 89% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
The setting & the homes.
Aerial and on-site photos of Promenade Estates. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
Promenade EstatesPromenade EstatesPromenade EstatesPromenade EstatesPromenade EstatesPromenade EstatesPromenade EstatesPromenade EstatesPhotos from Stellar MLS listings in Promenade Estates; content deemed reliable but not guaranteed.
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending August 2 of each year, from record-level Stellar MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($500K) IS the median in the snapshot above, and the move from 2025 ($700K) IS the -28.6% one-year change.
Windows contain 2 to 14 sales each (7 in the current window); every figure carries its sample size, and thin markets swing on single closings. Based on Stellar MLS data distributed by MLS GRID for the period 2021 through 2026. Deemed reliable but not guaranteed.
20% of homes for sale in ZIP 34238 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-08-01).
Promenade Estates Market Scorecard
Promenade Estates is currently a balanced market., and homes go under contract in about 41 days.
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Live data: Stellar MLS, refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.
Housing distress & ownership in PROMENADE ESTATES PH I, SARASOTA
Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.
Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. Based on Stellar MLS data distributed by MLS GRID for the period October 2026 through October 2026. Deemed reliable but not guaranteed.
Promenade Estates on the map.
Every active, pending, and recently sold home, plotted. Toggle the layers and tap a home for the details.
Listing locations from Stellar MLS. Map data © OpenStreetMap contributors.
Schools
- Sarasota County Public Schools
- Verify the zoned schools by address
- Magnet and choice options may be available
- Sarasota County Public Schools (verify by address) · Public
- Confirm zoned elementary, middle, and high · By address
- Magnet and choice options may apply · Choice
Zoned schools reflect the assignments reported on recent Promenade Estates listings and can change; always confirm with Sarasota County Public Schools for a specific address.
Buying with schools in mind? We can confirm the exact zoned schools for any Promenade Estates address.
Recent Developments in Promenade Estates
Development, infrastructure, retail, and school activity affecting Promenade Estates, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated October 2026.
- October 2026Development
Proposed 324-unit 1899 Fruitville apartment project in downtown Sarasota falls through
A plan by Bristol Development Group for 324 apartments, called 1899 Fruitville, near Fruitville Road and Washington Boulevard is no longer moving forward. Landlords told tenant business owners the project was voided. It had partial city approvals and was reportedly close to final permitting.
What it may mean for the marketThe loss of 324 planned apartments removes expected rental supply near downtown Sarasota and leaves the cottage commercial cluster in place for now. The project is about 6 miles north of Promenade Estates, elsewhere in Sarasota County.
Source: WWSB ABC7 Sarasota - September 2026Infrastructure
Sarasota Memorial plans outpatient cancer center expansion in Venice, targeted for 2028
Sarasota Memorial plans an outpatient cancer center in Venice expanding the Brian D. Jellison Cancer Institute, which opened in 2020. The first floor would hold radiation oncology, clinics, infusion and imaging, with a shelled second floor and a third floor for endoscopy and gastroenterology. Preliminary work has begun and the build-out is planned for 2028, pending permits.
What it may mean for the marketAdded oncology and outpatient capacity in Venice would improve healthcare access and create medical jobs in south Sarasota County. The project is about 11 miles south of Promenade Estates, elsewhere in Sarasota County.
Source: Sarasota Magazine - September 2026Civic
Sarasota County opens new $100 million administration building at 1 Apex Road
Sarasota County moved operations into a 121,160 square foot administration building at 1 Apex Road off I-75. It replaces the former building on Ringling Boulevard downtown, which was sold to a developer for about $25 million. Total cost was about $100.15 million, including more than $22 million from a voter-approved surtax.
What it may mean for the marketRelocating county services to the I-75 corridor shifts daily government traffic away from downtown and frees the Ringling Boulevard site for redevelopment. The site is about 8 miles northeast of Promenade Estates.
Source: WWSB ABC7 Sarasota - July 2026Parks & Amenities
North Port breaks ground on $16.7M Warm Mineral Springs renovation
North Port leaders began construction on a 16.7 million dollar rehabilitation of Warm Mineral Springs Park, focused on restoring three historic buildings including the Admission Building and the Spa Building. Work is expected to take about 16 months with a potential reopening in late 2027.
What it may mean for the marketRenovating a historic public park upgrades civic amenities and preserves a longstanding attraction while the site is temporarily under construction. The project is about 19 miles southeast of Promenade Estates, elsewhere in Sarasota County.
Source: MySuncoast (ABC7) - July 2026Parks & Amenities
Nathan Benderson Park expansion targets year-round use with new indoor facility
Nathan Benderson Park will add an indoor facility with about 100,000 square feet of hardwood courts for volleyball, basketball, gymnastics and pickleball, plus a new boathouse and storm resilient event space on Regatta Island, funded by 10 million dollars in Florida's 2026 to 2027 budget. Groundbreaking is planned for fall 2026 with completion targeted for August 2028.
What it may mean for the marketAn indoor sports and event venue expands year round recreational capacity and adds a storm resilient facility at an established regional park in Sarasota County. The project is about 10 miles north of Promenade Estates, elsewhere in Sarasota County.
Source: MySuncoast (ABC7)
Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.
The Promenade Estates buying strategy.
If we were buying in Promenade Estates today, this is the order of operations we would run for our clients.
Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Promenade Estates.
A closer look at the Promenade Estates market
At a median of $243 per square foot, Promenade Estates prices sit in a fairly defined band, so condition and updates — more than the list price — tend to separate one home from the next.
The trailing-12-month median down 29% year over year. Homes that do trade take a median 66 days on market, useful leverage on any listing that has lingered.
The housing stock is 9 homes built between 2020 and 2023, and 89% of parcels are homesteaded — the owner-occupancy proxy in the Florida DOR assessment roll.
The location and the amenities are priced into every listing in Promenade Estates. The deal is won or lost on condition, the comps, and the renovation math.
Momentum Buy Score.
Our proprietary 0 to 10 read across the factors that decide how a home in Promenade Estates buys, holds, and resells. Momentum Research; not an appraisal.
Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 3 factors (3.1). Basis: Recent Direction -28.6% year-over-year; Owner Commitment 89% owner-occupied; Pricing Power 85.5% sale-to-list. Refreshed with each data update.
HOA, CDD & Fees
- HOA status not on record. Verify any dues before you offer
- Any club/amenity membership is billed separately
Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.
Tools for a Promenade Estates buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Promenade Estates sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Promenade Estates, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Promenade Estates home worth?
Get a no-obligation home value based on real comparable sales in Promenade Estates, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
See homes for sale in Promenade Estates on the map →
Frequently Asked Questions
What is the median home price in Promenade Estates?
How long do homes in Promenade Estates take to sell?
How many homes are in Promenade Estates?
What share of Promenade Estates is owner-occupied?
When were the homes in Promenade Estates built?
Do cash buyers compete in Promenade Estates?
What schools serve Promenade Estates?
Who is the best real estate agent for Promenade Estates?
How do I find a top Sarasota real estate agent who knows Promenade Estates?
Can Momentum Realty connect me with an agent for Promenade Estates?
Nearby Communities
Explore more neighborhoods near Promenade Estates with Momentum Realty’s local guides.
Data sources & freshness
| Live listings | Stellar MLS, refreshed twice daily (last: October 15, 2026) |
| Community market stats | Stellar MLS closed sales, 12-month windows ending August 2, 2026 |
| Housing stock & ownership | Florida DOR assessment roll (community parcel extract) |
| Under-contract shares | Stellar MLS records, as of 2026-08-01 |
| Schools | 2025-26 district assignments + FLDOE school grades; verify with the district |
| Historical depth | Closed-sale records back to 2021 (50 transactions analyzed) |
Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.
Momentum Research figures are our own analysis of Stellar MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.
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The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Stellar MLS member average and 8 days faster, and we’ll price yours against live local comps.
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See how PROMENADE ESTATES PH I fits the bigger picture — live prices, inventory, and Momentum Scores: