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$586,314

Listing Price

3beds

1baths

1,197sqft

9,864sqft lot

2040 Palm Ter, Sarasota, FL 34231

Member Features

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  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Off Market

Single Family

Home type

489.82

Price / sqft

1958

Year built

Home Details

Architect-Designed Masterpiece of Indoor Outdoor Living.nnnnthis meticulously crafted residence sits on a prime Sarasota lot of nearly 10,000 sq ft. in a neighborhood atmosphere that is soft and warm and kids play everyday. The design embodies a Garden Architecture Integrated Layout; A concept known as The MODERN - BOHEMIAN style and is devoted to creating meaningful interactions between the built environment and the surrounding landscape by fusing the warmth, nature, and free spirit of Bohemian (Boho) with the simplicity, sophistication, and functionalism of Modern (Modern) style. It is a blended aesthetic that seeks a relaxed, personalized atmosphere while maintaining visual neatness and a sense of refinement.nnThe entire property is poetically expressed as One Dwelling, One Pavilion, Three Courtyards, consisting of the main residence (Dwelling), the detached multifunctional studio (Pavilion), and the Front, Back, and Side Yards that encircle both structures The main residence deliberately minimizes hallways and maximizes usable space. This efficiency, combined with practical bathroom sizing and the presence of four custom viewing niches throughout the home, significantly improves the overall usage efficiency of the floor plan. nn Design Philosophy: Courtyard Suites Immersed in Nature.nThe main house and gardens form a cohesive ecosystem, where every interior space extends seamlessly toward the outdoors..n Living & Dining.n The living room opens fully to the side yard throu

Interior Details

Square Feet
  • 1197

Bedrooms
  • 3

Bathrooms
  • 1

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Central

Cooling
  • Has Cooling:

    Yes

  • Cooling Type:

    Central

Fuel
  • Has Fuel:

    No

  • Fuel Type:

    N/A

Basement
  • Has Basement:

    No

  • Basement Type:

    N/A

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    Wood (unspecified)

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 9864

Water
  • Yes

Sewer
  • Yes

Parking
  • Type:

    Garage, Attached

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    0

Deck
  • No

Patio
  • No

Fence
  • No

Pool
  • No

Porch
  • Yes

Stoop
  • No

Breezeway
  • No

Construction Details

Number of Stories
  • 1

Style
  • N/A

Exterior
  • Concrete Block

Foundation
  • N/A

Roof
  • Gable

Roofing Material
  • Asphalt

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2020

$2,477

$74,200

$78,900

--%

$153,100

2019

$2,196

$0

$0

--%

$129,484

2018

$2,180

$0

$0

--%

$117,713

2017

$2,075

$74,200

$60,600

--%

$134,800

2016

$1,984

$63,400

$62,500

--%

$125,900

2014

$1,586

$0

$0

--%

$80,400

2013

$1,535

$0

$0

--%

$73,150

2012

$1,406

$0

$0

--%

$66,500

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Average Home Price in 34231

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$380,804

2 Beds

1 Baths

1,272 Sqft

12,889 Lot (sqft)

Sold 10/22/2026

$249,111

3 Beds

1.5 Baths

1,083 Sqft

6,500 Lot (sqft)

Sold 08/07/2026

$307,232

3 Beds

2 Baths

1,096 Sqft

7,754 Lot (sqft)

Sold 06/25/2026

$586,314

3 Beds

1 Baths

1,197 Sqft

9,864 Lot (sqft)

Sold 10/18/2026

$480,000

3 Beds

2 Baths

1,321 Sqft

15,436 Lot (sqft)

Sold 10/26/2026

$699,000

3 Beds

2 Baths

1,319 Sqft

14,215 Lot (sqft)

Sold 10/13/2026

$346,863

3 Beds

2 Baths

1,194 Sqft

7,500 Lot (sqft)

Sold 10/13/2026

$415,500

4 Beds

3 Baths

1,350 Sqft

6,375 Lot (sqft)

Sold 10/12/2026

$639,000

3 Beds

2 Baths

1,306 Sqft

14,220 Lot (sqft)

Sold 09/29/2026

percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
586,314
$
Down payment
117,262.8
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
3,517.88
$
HOA (Monthly)
0
$
PMI
0
$
$3,795
Your Payment
Total Monthly Payment:$3,795
Percent of Income:65%
Affordable:No

Details for 2040 PALM TER

Property Debt

Foreclosure Contact Details