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1700 Lugano Cir, Nokomis, FL, 34275

5beds
5baths
3,982sqft
$949,999
$239price/sqft
$7,748/moest. monthly cost
$309,920/yrincome needed

About This Home

Pre-Construction. To be built. ****SPECIAL FINANCING AVAILABLE FOR A LIMITED TIME ONLY FROM PREFERRED LENDER. RESTRICTIONS APPLY, FOR QUALIFIED BUYERS, SUBJECT TO APPLICABLE TERMS AND CONDITIONS. SUBJECT TO CHANGE WITHOUT NOTICE**** Welcome to The Madison—a spacious, elegantly designed two story home that blends luxury, comfort, and modern functionality. With 5 bedrooms and 5 bathrooms, this thoughtfully crafted residence offers ample room for both relaxation and entertaining. The first floor boasts a beautifully defined dining room and a gourmet kitchen complete with well appointed finishes, premium cabinetry, and an expansive island ideal for gathering. A large sliding glass door opens seamlessly to the lanai, creating an inviting indoor–outdoor living experience perfect for Florida evenings. A second owner's suite resides off the great room. Upstairs, the primary owner’s suite serves as a private retreat with generous space and refined details with a luxurious owner's bath with tub, shower and separate water closet. The second story also includes three additional bedrooms, two full bathrooms, and a versatile bonus room—ideal for a media lounge, playroom, or home office. Every corner of The Madison showcases thoughtful design and elevated style, making it a standout choice for those seeking a home that feels both elegant and welcoming.

Getting Around

4
WalkingCar-Dependent
0
TransitVery Limited Transit
29
BikeSomewhat Bikeable

Schools

8/10
Laurel Nokomis SchoolGrades PK-80.4 mi
6/10
Venice Senior High SchoolGrades 9-123.3 mi

Construction

Condition

  • Property condition: Pre-Construction
  • New construction: Yes
  • Year built: 2026

Materials

  • Foundation: Slab
  • Roof: Tile
  • Construction materials: Block

Other

  • Builder model: WEKIVA
  • Builder name: M/I HOMES

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Microwave,Range
  • Laundry features: Inside

Bedroom2

  • Features: Walk-In Closet(s)
  • Level: Second
  • Area: 165
  • Dimensions: 15x11

Bedroom3

  • Features: Walk-In Closet(s)
  • Level: Second
  • Area: 165
  • Dimensions: 15x11

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 5
  • Full bathrooms: 5

Bonus Room

  • Features: No Closet
  • Level: Second
  • Area: 247
  • Dimensions: 19x13

Dining Room

  • Level: First
  • Area: 210
  • Dimensions: 14x15

Features

  • Open Floorplan,Tray Ceiling(s),Walk-In Closet(s)
  • Flooring: Carpet,Tile

Great Room

  • Level: First
  • Area: 288
  • Dimensions: 16x18

Heating & Cooling

  • Heating features: Heat Pump
  • Cooling features: Central Air

Interior Area

  • Total structure area: 4,835
  • Total interior livable area: 3,982 sqft

Kitchen

  • Level: First
  • Area: 224
  • Dimensions: 14x16

Primary Bedroom

  • Features: Walk-In Closet(s)
  • Level: Second
  • Area: 361
  • Dimensions: 19x19

Property

Details

  • Parcel number: 0380030051
  • Zoning: RSF4
  • Special condition: None

Features

  • Levels: Two
  • Stories: 2
  • Exterior features: Irrigation System

Lot

  • Lot size: 8,298 sqft

Parking

  • Total spaces: 3
  • Parking features: Garage - Attached
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3

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
  • Lightning
    LightningVery High
  • Coastal Flooding
    Coastal FloodingModerate
  • Inland Flooding
    Inland FloodingModerate
  • Tornado
    TornadoModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Lightning
Coastal Flooding
Inland Flooding
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 $4,803$57,636
Home Insurance *$1,375$16,500
Property Taxes $1,170$14,040
Electricity $400$4,808
Total$7,748$92,976
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$265,645/yr
40% on housing$232,440/yr
45% on housing$206,613/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

$239This 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
2026-04-30Price change$949,999
2026-03-24Price change$969,999
2026-02-07Price change$1,031,175
2026-01-14Listed for sale$923,965

New Construction Spec

AgentElizabeth Stephens
BrokerageFLORIWEST REALTY GROUP, LLC

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