Promenade Estates
Homes for Sale in Sarasota, FL
All 2,749 homes for sale in Sarasota, FL · median $555,000 · 216 homes for sale in 34238 · Sarasota County homes for sale
True comps, carrying-cost math, and listings before the portals.
As of November 2026, Promenade Estates Ph I in Sarasota, FL has 9 homes for sale and 2 pending, asking from $504,000 to $978,000 (median $670,000). Over the 12 months ending 2026-08-02, 7 recorded sales closed at a median of $500,000, $243 per square foot, a median 66 days on market, sellers accepting 85% of original asking. Homes listed or recently sold were built 2020 - 2023; 23 of 23 report an HOA (median $268/mo); 2 of the 23 geocoded homes sit in a FEMA special flood hazard zone (median elevation 16 ft). At the median price and Sarasota County's FY2025-26 rate of 13.48 mills, annual property tax runs about $6,740 ($6,210 with the full homestead exemption).
Last 30 days in Promenade Estates: 3 new listings (median asking $635,000), 2 under contract right now, 1 closed sale (median $613,000). As of November 2, 2026, Listings courtesy of Stellar MLS as distributed by MLS GRID.
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 · 120 daysTop listing
Active · 142 days
Active · 22 days
Active · 114 days
Active · 91 days
Active · 7 days
Active · 23 days
Active · 44 days
Active · 159 days
Under Contract · 13 days
Under Contract · 123 daysActive and pending Promenade Estates listings as of 2026-11-02, 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 is a small, new-construction pocket in Sarasota, with homes built between 2020 and 2023 and a median living area north of 3,300 square feet. Price here is driven by size, recent build, and condition rather than any amenity package - the MLS shows no community amenities to lean on. At a $500,000 median and roughly $243 per square foot, you are paying for square footage and newness, not location premiums or shared facilities.
The current posture is thin and slow-moving: zero active listings, nine homes in the community, and seven closings in the tracked window. Median days on market sat at 66, so this is not a place where offers happen overnight. The year-over-year median is down 28.6%, which looks dramatic on paper but reflects a handful of transactions and mix shifts in a tiny sample - read it as a signal to price and comp carefully, not as a trend line you can bank on.
Figures in this note are as of October 26, 2026. The live market numbers elsewhere on this page update nightly and are newer.
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 November 4, 2026 · Live data: Stellar MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
Nearby homes for sale
No active listings inside PROMENADE ESTATES PH I right now. These are the 6 closest homes on the market, by straight-line distance from the community's center; some may sit just outside its boundary.
Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.
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).
In ZIP 34238 (Sarasota), 224 homes closed in the last 12 months at a median of $504K ($264/sq ft), down 1.0% year over year, with a median 45 days on market. See the live ZIP 34238 housing market and the Sarasota County market.
Stellar MLS sales records identify 99 homes in PROMENADE ESTATES that have changed hands since 2020, built between 2020 and 2023 (median 2021), with a median living area of about 2,631 sq ft and a typical 4-bedroom, 3-bath layout; 94% are single-family homes. Source: Stellar MLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.
This is a compact enclave of large, recently built homes where value tracks condition and square footage more than any shared amenity, since none are identified in current listings. With no active inventory, buyers should be ready to move when something lists and sellers should price against a very short, volatile comp set.
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.
Who Promenade Estates is best for.
Best for
- Buying for square footage and recent construction over shared amenities
- Buyers who can move quickly when a listing appears in a zero-inventory market
- Buying to hold in a low-turnover, largely owner-occupied enclave
Probably not for
- Needing a pool, clubhouse, or other community amenities on site
- Wanting a deep selection of active listings to compare before deciding
- Relying on the headline year-over-year figure as a stable pricing guide
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.
Promenade Estates on Palmer Ranch Market Scorecard
Promenade Estates on Palmer Ranch is currently a balanced market. About 5.7 months of supply, a median asking price of $670,000, and homes go under contract in about 94 days.
Typical home value in the 34238 ZIP is $496,663, about 6.1% above the Florida norm (Zillow Home Value Index).
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Live data: realMLS, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.
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.
Shop the zone: Homes zoned for Venice Senior High High School
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 small, new-build sample that rewards careful pricing
With only nine homes and seven recent closings, Promenade Estates is a statistically small market - which means every data point carries weight. The homes are young, built 2020 to 2023 with a median build year of 2022, and sizable at a median of 3,345 square feet. That combination of newness and scale is the story here; there is no amenity premium or price-range data to work from, just the single median figure and a wide, condition-driven spread around it.
The homestead share of roughly 89% suggests most of these are owner-occupied rather than investor-held, which tends to keep inventory tight - part of why there are currently zero active listings. The steep year-over-year median move should be treated with caution given how few sales feed it; a single larger or smaller home trading can swing the number. Both buyers and sellers need tight, comp-level analysis rather than reliance on the headline percentage.
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.
Why work with Momentum here
In a community this small, headline numbers mislead - a 28.6% year-over-year swing off seven closings is noise until you break it down home by home. We comp against the specific square footage, build year, and condition that actually move price here, and because inventory is currently at zero, we help buyers get positioned before a listing hits and help sellers set an honest number against a volatile sample.
Promenade Estates in 15 seconds.
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.
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Recently off market in PROMENADE ESTATES PH I
Homes in PROMENADE ESTATES PH I that recently left the market. Each address opens its public-record profile: county-recorded value, property taxes, the last recorded sale, community sales history, and what is for sale nearby now. 1 on record.
- 5748 Woodland Sage Drive · off market
| Location | Sarasota, Sarasota County, FL · ZIP 34238 |
|---|---|
| Homes in the community | 9 (FL DOR 2025 assessment roll) |
| Years built | 2020–2023 (median 2022) |
| Typical living area | 3,345 sq ft (median) |
| Home types (current listings and sales) | single-family 96% |
| Amenities listed by sellers | Pool, Gated Community, Fitness Center, Playground, Gated Community - No Guard, Gated |
| Sale prices, last 12 months | $500,000 median across 7 closed sales · $243 per sq ft · -28.6% vs the prior 12 months |
| Days on market (closed sales) | 66 median |
| For sale right now | 0 active, 0 pending |
| Owner-occupied (homestead) share | 89% |
| Zoned public schools | Sarasota County Public Schools (verify by address); Confirm zoned elementary, middle, and high; Magnet and choice options may apply |
Data as of August 2, 2026. Based on Stellar MLS data distributed by MLS GRID for the period 2021 through 2026; housing-stock figures from Florida Department of Revenue public records. Market figures describe homes, not residents. Cite as: Momentum Realty, “Promenade Estates key facts,” movewithmomentum.com/neighborhoods/promenade-estates, data as of August 2, 2026.
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 November 2026 through November 2026. Deemed reliable but not guaranteed.
Just listed in Promenade Estates
The newest homes for sale in Promenade Estates right now, newest first. Each link opens the full listing with every photo, the price history and a tour request.
- 5731 Woodland Sage Drive $635,000 · 4 bd · 3 ba · 2,826 sq ft · listed Oct 24, 2026 Courtesy of EXP REALTY LLC
- 5728 Woodland Sage Drive $779,000 · 5 bd · 3.5 ba · 3,633 sq ft · listed Oct 11, 2026 Courtesy of COLDWELL BANKER Sarasota CENT.
- 12704 Lateral Root Drive $560,000 · 4 bd · 2.5 ba · 2,045 sq ft · listed Oct 8, 2026 Courtesy of PREFERRED SHORE LLC
- 5740 Woodland Sage Drive $549,000 · 3 bd · 2.5 ba · 2,045 sq ft · listed Sep 18, 2026 Courtesy of KW COASTAL LIVING III
- 12760 Lateral Root Drive $670,000 · 5 bd · 3 ba · 2,631 sq ft · listed Aug 1, 2026 Courtesy of FLORIDA DREAMIN' REALTY GROUP INC
- 12664 Night View Drive $769,000 · 5 bd · 3.5 ba · 3,633 sq ft · listed Jul 9, 2026 Courtesy of HOUWZER INC
Checked against the MLS nightly. All new listings in this market.
Every Home for Sale in Promenade Estates Right Now (11)
All 11 active and pending Promenade Estates listings with a detail page, newest first, refreshed twice a day from the MLS.
- 5731 Woodland Sage Drive · $635,000 · 4 bd / 3 ba · listed Oct 23, 2026 · listed by Exp Realty Llc
- 5728 Woodland Sage Drive · $779,000 · 5 bd / 3.5 ba · listed Oct 10, 2026 · listed by Coldwell Banker Sarasota Cent.
- 12596 Night View Drive · $675,000 · 4 bd / 2.5 ba · pending · listed Oct 9, 2026 · listed by Keller Williams Island Life Real Estate
- 12704 Lateral Root Drive · $560,000 · 4 bd / 2.5 ba · listed Oct 8, 2026 · listed by Preferred Shore Llc
- 5740 Woodland Sage Drive · $549,000 · 3 bd / 2.5 ba · listed Sep 18, 2026 · listed by Kw Coastal Living Iii
- 12760 Lateral Root Drive · $670,000 · 5 bd / 3 ba · listed Aug 4, 2026 · listed by Florida Dreamin' Realty Group Inc
- 12664 Night View Drive · $769,000 · 5 bd / 3.5 ba · listed Aug 4, 2026 · listed by Houwzer Inc
- 5542 Native Henna Court · $978,000 · 4 bd / 4 ba · listed Aug 4, 2026 · listed by Keller Williams On The Water S
- 12571 Night View Drive · $888,500 · 5 bd / 4 ba · listed Aug 4, 2026 · listed by Blvd Realty
- 12509 Night View Drive · $504,000 · 3 bd / 2 ba · listed Aug 4, 2026 · listed by Keller Williams On The Water S
- 12645 Promenade Estates Boulevard · $599,000 · 3 bd / 2.5 ba · pending · listed Aug 4, 2026 · listed by Fine Properties
Recently sold in Promenade Estates
- 5748 Woodland Sage Drive · sold $613,000
- 12635 Night View Drive · sold $920,000
- 5516 Northern Juniper Court · sold $978,888
- 12667 Night View Drive · sold $400,000
- 5715 Woodland Sage Drive · sold $623,638
- 5625 Soft Skies Drive · sold $478,000
- 5655 Woodland Sage Drive · sold $515,000
Closed sales from the MLS; each page shows the sold price, taxes and value history.
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Streets in this community
Street-level pages: every home on record, what sold and what is for sale on each street.
- Night View Drive (11 homes on record)
- Night View Drive (7 homes on record)
- Woodland Sage Drive (6 homes on record)
- Promenade Estates Boulevard (5 homes on record)
- Woodland Sage Drive (3 homes on record)
- Woodland Sage Drive (3 homes on record)
- Soft Skies Drive (3 homes on record)
- Soft Skies Drive (3 homes on record)
- Soft Skies Drive (3 homes on record)
- Night View Drive (2 homes on record)
- Night View Drive (2 homes on record)
- Woodland Sage Drive (2 homes on record)
What it really costs to own in Promenade Estates
The parts of the monthly number a mortgage calculator leaves out, from the tax roll, the MLS, Citizens and FEMA. Property facts only.
| HOA dues | Median $268/month across 22 MLS listings (most billed monthly; 2026-11-04). Dues cover what the documents say they cover; ask for the budget and reserve study. |
|---|---|
| Home and flood insurance | The average Citizens Property Insurance premium in Sarasota County is $2,126/yr (4,849 policies, Citizens detail by county, April 2026); private-market quotes depend on roof age, wind mitigation and construction. |
| Roof and age | Median build year 2021 across 21 listings. Newer roofs and current wind-mitigation features usually mean the lower end of insurance quotes. |
Email me new listings in Promenade Estates
One e-mail a day, only when a home lists here, with price, beds, baths and a link to every listing. Straight from the MLS feed; no account needed.
Ask an agent about Promenade Estates
Have a question about the homes, fees, rules or commute here? A Momentum agent who works Promenade Estates will answer, and the answer is published on this page for the next buyer.
Frequently Asked Questions
What is the median home price in Promenade Estates?
How long do homes in Promenade Estates take to sell?
What share of Promenade Estates is owner-occupied?
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?
Where is Promenade Estates, and what county is it in?
Is Promenade Estates a good place to live?
Should you buy in Promenade Estates?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Live listings | Stellar MLS, refreshed twice daily (last: November 2, 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:
More on Promenade Estates
- Home values · What homes in Promenade Estates actually sell for
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