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ActiveGATEDWATERFRONT
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$574,900
$203/sqft4% reduced
HOA: $150/anCDD: $2,866/yrTaxes: $9,278/yr37d on market

Magnolia Bay

506 SUN CHASER DR, NOKOMIS, FL, 34275

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5 Beds|4 Baths|2,830 Sq Ft|Built 2024|2 Car Garage
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💡 Price recently reduced — this could be a great opportunity to negotiate.

Golf Course
Feature
Golf Carts Ok
Community
Yes
C2C

Coast 2 Coast Home Realty

Licensed Florida Realtors

4.9· 214 reviews

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Buyer Insights

Here's what we know about this listing.

Why this home stands out

  • Price reduced 4% ($25,000 off original)
  • 37 days on market
  • Updated today

Buyer Insights are informational only — always verify with your agent.

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.

Subdivision
MAGNOLIA BAY
County
Sarasota
Zip Code
34275

School Report Card

Source: FL Dept. of Education

ABCDF
Elementary
Middle
High
Type
Single Family Residence
Living Area
2,830 sqft
Construction
Block, Frame
Roof
Shingle
Flooring
Carpet, Ceramic Tile
Pool
No
HOA
$150 / Annually + $2,866 / Annually
  • Tray Ceiling(s)
  • Walk-in Closet(s)
  • Sidewalk
  • Cooktop
  • Dishwasher
  • Disposal
  • Microwave
  • Range
  • Washer
  • Inside
  • Laundry Room
  • Public
  • Clubhouse
  • Community Mailbox
  • Deed Restrictions
  • Fitness Center
  • Gated Community - No Guard
  • Golf Carts Ok
  • Park
  • Playground
  • Pool
  • Sidewalks
  • Clubhouse
  • Fitness Center
  • Gated
  • Pickleball Court(s)
  • Playground
  • Pool
  • Other
Bedrooms
5
Bathrooms
4
Year Built
2024
Construction
Block, Frame
Flooring
Carpet, Ceramic Tile
Roof
Shingle
Garage Spaces
2
Cooling
Central Air
Heating
Electric
Waterfront
Yes
Pet Restrictions
Breed Restrictions, Cats Ok, Dogs Ok, Yes
Lot Size
0.16 acres
Senior Community
No
Building Elevator
Pet Size
# of Pets
Max Pet Weight
Tax Year
2025
Annual Tax Amount
$9,278

Association Fees

  • HOA Fee

    Magnolia Bay of Florida Homeowners Association Inc

    $150/ Annually

  • CDD Fee

    $2,866/ Annually

Down Payment20% — $114,980
Interest Rate6.50%
Loan Term
Est. Mortgage
$2,907
HOA Fee
$13
Est. Property Tax
$773
Est. Insurance
$192
Total Est. Monthly Cost$3,884

* Estimates are for illustration purposes only and do not constitute an offer of financial advice. Actual rates, payments, insurance, and taxes will vary based on credit, location, and other factors. Contact a licensed mortgage professional for a personalized quote. Homeowners insurance estimate based on Florida averages.

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