8705 S Tamiami Trl Lot 151, Sarasota, FL, 34238
About This Home
Welcome to Royal Palms a 55 community! This community is local to several beaches, shopping, entertainment and not far from downtown Sarasota! The potential for this home is endless. Seller started the update but was unable to complete. Make this home your perfect Florida home for a small investment! Priced low so you can invest your time and efforts to make this your own peaceful sanctuary. The investment is small but the return on living near beaches, entertainment, shopping, etc is priceless! Spend your afternoons lounging by our heated pool, playing shuffle board, corn hole or choosing a book from the library. Many community events are held at the clubhouse. The lot rent includes water, sewer, trash, wifi and taxes all for only $940 per month.
Getting Around
Somewhat Walkable
Some Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1979
Materials
- Construction materials: Aluminum Siding
Type & Style
- Home type: MobileManufactured
- Property subType: Manufactured Home
Interior
Basement
- Area: 0
Bedrooms & Bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Features
- Finished area above ground: 814
Heating
- Heating features: Has Heating (Unspecified Type)
Interior Area
- Total structure area: 814
- Total interior livable area: 814 sqft
Property
Details
- On leased land: Yes
- Lease amount: 954
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
- Lightning
- Inland Flooding
- 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 | $17 | $204 |
| Home Insurance * | $2 | $24 |
| Property Taxes | $2 | $24 |
| Electricity | $197 | $2,366 |
| Total | $218 | $2,616 |
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)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-06-11 | Listed for sale | $3,500 |
| 2025-05-16 | Listing removed | $2,000 |
| 2025-05-12 | Contingent | $2,000 |
| 2025-04-14 | Listed for sale | $2,000 |
View on Zillow