$4,643

closing credit¹

2040 Palm Ter Sarasota, FL 34231

$391,000
3 beds
1 full
1,355 sqft
0.3 acres
$289 / sqft
House

Property details

About 2040 Palm Ter

NEW ROOF IN 2022! NEW HVAC SYSTEM INCLUDING DUCT WORK IN 2024! Absolutely adorable and affordable single family home with block construction is now available in one of the best locations of Sarasota. High and dry, this quarter acre lot home has a partially fenced in yard with new gutters and boasts plenty of room for boat and/or RV parking. This house also has a separate entrance with a dog door that is perfect for a dog grooming area, additional storage, or anything the heart desires. The great room has beautiful terrazzo flooring with a kitchen that is nearly new showcasing upgraded cabinetry. All of the appliances are stainless steel with a new microwave and dishwasher. In the backyard sits an amazing, brand new, 10x24 shed with hurricane tie downs. The garage was converted into a bonus room with hurricane rated sliders. This house has also had all of its plumbing replaced to updated standards!! With underground utilities, the location of this home is highly desirable. Minutes from the north entrance of Siesta Key, close to hundreds of dining and shopping options in Sarasota including a Trader Joes around the corner, this home, which is located on a quite and peaceful cul-de-sac street, is an incredible option for the first time home buyer, investor and everyone in between. Survey available for new buyers! Schedule your showing today!

Highlights

Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCentral Air
Size1,355 sqft
Lot size0.25 Acres
Year built1958
MLS #A4639253

Summary

  • MLS Number: A4639253
  • MLS Name: MFRMLS
  • Office Name: BOUDRIE REAL ESTATE GROUP INC
  • Office Phone: (941) 730-5674
  • Listing Agent: Rebekah Boudrie

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.

IDX Copyright 2025 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/8/2025, 3:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

ranch-style house with a front yard

$391,000

2040 Palm Ter

$4,643

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Apr 26, 2019
Home Sold
$199,999
Jul 22, 2003
Home Sold
$94,900

Tax history

YearAssessmentProperty Tax
2023$201,586$2,515
2022$185,812$2,313
2021$180,400$2,313
2020$153,100$2,343
2019$129,484$2,196
2018$117,713$2,180
2017$134,800$2,075

History based on county public records data.

Nearby schools

8

Phillippi Shores Elementary School

Public Magnet PK-5

0.4 mi

4747 S Tamiami Trl

10

Southside Elementary School

Public District PK-5

1.2 mi

1901 Webber St

5

Wilkinson Elementary School

Public District PK-5

1.7 mi

3400 Wilkinson Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $46,369. Typical income of Sarasota, FL residents is between $35k-100k annually. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

36%
<35k
46%
35k-100k
16%
100k-200k
2%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

56%
Single, No Kids
12%
Single, with Kids
21%
Married, No Kids
11%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

10%
<11 yrs old
8%
12-17 yrs old
18%
18-34 yrs old
49%
35-64 yrs old
15%
65+ yrs old

What do the neighbors do for fun?

  • Horse RacesHorse Races
  • Hiking/backpackingHiking/backpacking
  • Pro BoxingPro Boxing

Where do the neighbors shop?

  • Stein MartStein Mart
  • Nordstrom RackNordstrom Rack
  • Family DollarFamily Dollar

Where do the neighbors go to eat?

  • LongHorn SteakhouseLongHorn Steakhouse
  • ChipotleChipotle
  • White CastleWhite Castle

What do the neighbors drive?

  • BuickBuick
  • MazdaMazda
  • ChevroletChevrolet

What do the neighbors listen to?

  • Contemporary InspirationalContemporary Inspirational
  • RockRock
  • NewsNews
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

Living in Sarasota, FL

About 2040 Palm Ter

This home is located at 2040 Palm Ter in Sarasota, FL and zip code 34231. This 1,355 square foot home, which was built in 1958, sits on a 0.25 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since February 5, 2025 and is currently priced at $391,000.

While more than 18 listings in Sarasota, FL in January 2025 were sold above asking price, there were more than 55 listings sold at asking price, and more than 283 were sold below. The number of listings in Sarasota, FL increased by 16.8% between December and January 2025. The median list price of listings available in January 2025 was $510,794, while the average time on the real estate market was 66 days.

From Rocket Homes Real Estate and based on county public records data.

More resources