




506 Sun Chaser Dr, Nokomis, FL, 34275
About This Home
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.
Getting Around
Schools
Construction
Condition
- Property condition: Completed
- Year built: 2024
Materials
- Foundation: Slab
- Roof: Shingle
- Construction materials: Block,Wood Frame
Other
- Builder model: San Marino
- Builder name: Meritage Homes
Type & Style
- Home type: SingleFamily
- Architectural style: Florida
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Cooktop,Dishwasher,Disposal,Microwave,Range,Washer
- Laundry features: Inside,Laundry Room
Bedroom2
- Features: Walk-In Closet(s)
- Level: Second
- Area: 168
- Dimensions: 12x14
Bedroom3
- Features: Walk-In Closet(s)
- Level: Second
- Area: 154
- Dimensions: 11x14
Bedroom4
- Features: Built-in Closet
- Level: Second
- Area: 110
- Dimensions: 10x11
Bedroom5
- Features: Walk-In Closet(s)
- Level: Second
- Area: 110
- Dimensions: 10x11
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Dining Room
- Level: First
- Area: 100
- Dimensions: 10x10
Features
- Tray Ceiling(s),Walk-In Closet(s)
- Flooring: Carpet,Ceramic Tile
Heating & Cooling
- Heating features: Electric
- Cooling features: Central Air
Interior Area
- Total structure area: 3,401
- Total interior livable area: 2,830 sqft
Kitchen
- Features: Pantry
- Level: First
- Area: 176
- Dimensions: 11x16
Living Room
- Level: First
- Area: 224
- Dimensions: 14x16
Loft
- Features: No Closet
- Level: Second
- Area: 300
- Dimensions: 15x20
Office
- Level: First
- Area: 198
- Dimensions: 11x18
Primary Bedroom
- Features: Walk-In Closet(s)
- Level: First
- Area: 195
- Dimensions: 13x15
Property
Details
- Parcel number: 0364050218
- Zoning: RES
- Special condition: None
Features
- Levels: Two
- Stories: 2
- Exterior features: Sidewalk
- Has view: Yes
- View description: Water,Lake,Pond
- Has water view: Yes
- Water view: Water,Lake,Pond
- On waterfront: Yes
- Waterfront features: Lake Front,Pond,Lake Privileges,Pond Access
Lot
- Lot size: 7,102 sqft
- Lot size dimensions: 50 x 130
Parking
- Total spaces: 2
- Parking features: Garage Door Opener
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Hurricane
- Inland Flooding
- Lightning
- Wildfire
- Cold Wave
- Strong Wind
- Tornado
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Sarasota County and Florida
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,907 | $34,884 |
| Home Insurance * | $832 | $9,984 |
| Property Taxes | $548 | $6,576 |
| Electricity | $284 | $3,417 |
| Total | $4,571 | $54,852 |
Income You'd Need if You Spent...
Florida FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-05 | Listed for sale | $599,900 |
| 2024-06-27 | Sold | $570,000 |
| 2024-06-05 | Pending sale | $658,660 |
