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506 Sun Chaser Dr, Nokomis, FL, 34275

5beds
4baths
2,830sqft
$574,900
$203price/sqft
$4,571/moest. monthly cost
$182,840/yrincome needed

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

5
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

8/10
Laurel Nokomis SchoolGrades PK-81.4 mi
6/10
Venice Senior High SchoolGrades 9-124.4 mi

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
    HurricaneVery High
  • Inland Flooding
    Inland FloodingVery High
  • Lightning
    LightningVery High
  • Wildfire
    WildfireRelatively High
  • Cold Wave
    Cold WaveModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Inland Flooding
Lightning
Wildfire
Cold Wave
Strong Wind
Tornado
Tsunami

FEMA Declared Disasters in Sarasota County and Florida

Coastal Storm
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Tropical Depression
Tropical Storm

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

MonthlyAnnual
Mortgage $2,907$34,884
Home Insurance *$832$9,984
Property Taxes $548$6,576
Electricity $284$3,417
Total$4,571$54,852
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$156,720/yr
40% on housing$137,130/yr
45% on housing$121,893/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

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.

Insurance Growth Rate5-year average: 15.0%
15.0%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 6.6%
6.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$203This listing

vs Other Active Listings

Avg $/sqft

ZIP 34275$307
Sarasota County$346

vs Homes Sold Last Month

Median $/sqft

ZIP 34275$257
Sarasota County$245

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

DateEventPrice
2026-05-05Listed for sale$599,900
2024-06-27Sold$570,000
2024-06-05Pending sale$658,660

For Sale by Agent

AgentErik Dunigan
BrokerageCORNERSTONE R.E OF SW FL

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