Promenade Estates
Homes for Sale in Sarasota, FL
All 2,394 homes for sale in SARASOTA, FL · median $549,625 · 192 homes for sale in 34238 · Sarasota County homes for sale
True comps, carrying-cost math, and listings before the portals.
As of September 2026, Promenade Estates Ph I in Sarasota, FL has 6 homes for sale and 2 pending, asking from $514,000 to $999,980 (median $644,500). 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 (-29% versus the prior year). Homes listed or recently sold were built 2020 - 2023; 20 of 20 report an HOA (median $268/mo); 2 of the 15 geocoded homes sit in a FEMA special flood hazard zone (median elevation 15 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).
| 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 95%, townhouses 5% |
| Amenities listed by sellers | Pool, Fitness Center, Gated Community, Playground, Deed Restrictions, Gated Community - No Guard |
| 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 PH I key facts,” movewithmomentum.com/neighborhoods/promenade-estates, data as of August 2, 2026.
Last 30 days in Promenade Estates: 1 new listing (median asking $549,000), 2 under contract right now, 4 closed sales (median $771,819). As of September 23, 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 and pending Promenade Estates listings as of 2026-09-22, 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.
Every Home for Sale in Promenade Estates Right Now (8)
All 8 active and pending Promenade Estates listings with a detail page, newest first, refreshed twice a day from the MLS.
- 5740 Woodland Sage Drive · $549,000 · 3 bd / 2.5 ba · listed Sep 18, 2026 · listed by Kw Coastal Living Iii
- 5748 Woodland Sage Drive · $619,000 · 5 bd / 3 ba · listed Aug 20, 2026 · listed by Dalton Wade Inc
- 12760 Lateral Root Drive · $670,000 · 5 bd / 3 ba · listed Aug 1, 2026 · listed by Florida Dreamin' Realty Group Inc
- 12509 Night View Drive · $514,000 · 3 bd / 2 ba · listed Jul 27, 2026 · listed by Keller Williams On The Water S
- 5542 Native Henna Court · $999,980 · 4 bd / 4 ba · listed Jul 4, 2026 · listed by Keller Williams On The Water S
- 12571 Night View Drive · $905,000 · 5 bd / 4 ba · listed Jun 23, 2026 · listed by Blvd Realty
- 12645 Promenade Estates Boulevard · $599,000 · 3 bd / 2.5 ba · pending · listed Jun 23, 2026 · listed by Fine Properties
- 12664 Night View Drive · $769,000 · 5 bd / 3.5 ba · pending · listed Jun 23, 2026 · listed by Houwzer Inc
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 September 23, 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.
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
Photos 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.
25% 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 (2026-09-23).
Promenade Estates on Palmer Ranch Market Scorecard
Promenade Estates on Palmer Ranch is currently a balanced market. About 4.0 months of supply, a median asking price of $644,500, and homes go under contract in about 43 days.
Typical home value in the 34238 ZIP is $497,333, about 5.4% above the Florida norm (Zillow Home Value Index).
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Live data: Stellar MLS, distributed by MLS GRID, refreshed twice daily. Typical value: Zillow Research. 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 September 2026 through September 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, tiles © CARTO.
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
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 dues reported around $268/month (about $3,216/yr) · median of 207 MLS listings, most billed monthly
- Any club/amenity membership is billed separately
Listings in this community report association dues of about $268 per month ($3,216 a year) - the median AssociationFee across 207 MLS records, normalised to a monthly figure; most are billed monthly. Dues change with budgets and can differ by section or product type; confirm the current figure with the association before you offer. Source: MLS listing records, 2026-09.
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 all homes for sale in Sarasota →
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?
Where is Promenade Estates, and what county is it in?
Is Promenade Estates a good place to live?
Data sources & freshness
| Live listings | Stellar MLS, refreshed twice daily (last: September 22, 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.
Own a home here?
You just read the data. Now see what your home is worth.
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:
Nearby Communities
Explore more neighborhoods near Promenade Estates with Momentum Realty’s local guides.