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Move-In ReadyNew Construction$110,000 price cut

6505 Big Lagoon AvenueNew Construction Home in Sarasota, FL

Sarasota, FL 34241 · Sarasota County

$829,999

$939,999

$253/sq ft

5 Beds4 Baths3,282 sq ft2-Car GarageBuilt 2026

Photos of 6505 Big Lagoon Avenue

6505 Big Lagoon Avenue, Sarasota, photo 1 of 11 / 1

Who is building this home?

This home is listed as built by M/I HOMES, floor plan Estero. Builder quality, warranty responsiveness, and willingness to fix punch-list items vary enormously between companies in Tampa Bay.

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About this home

****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 Estero, a two-story home featuring five bedrooms, four bathrooms, and a two-car garage. Encompassing 3,282 square feet of versatile living space, the main floor offers an open-concept design, with the great room flowing into the café and kitchen. As you step inside, you'll first be greeted by a flex room to one side of the foyer and the laundry room on the other. The foyer leads you directly into the main living space. The kitchen is equipped with a walk-in pantry and a large island. Windows from the café look out onto to a covered lanai, perfect for outdoor relaxation or entertaining. The first floor also includes a convenient guest bedroom with access to a full bath. Upstairs, the owner's suite serves as a luxurious retreat with dual walk-in closets and an expansive owner's bath featuring dual vanities and a separate shower. Two bedrooms upstairs include built-in closets and share a full bath, while a fourth bed and bath sit at the top of the stairs. A large bonus room offers endless possibilities, whether as a game room, media room, or additional living space. This thoughtfully designed home combines ample storage, flexible spaces, and an open layout.

Home details and costs

MLS number
R4911210
Property type
Single Family Residence
Build stage
Move-In Ready
Builder
M/I HOMES
Floor plan
Estero
Heated square feet
3,282 sq ft
Total under roof
4,163 sq ft
Stories
2 Story
Lot size
0.18 acres
Subdivision
Grand Park
HOA fee
$1,073/quarter
Annual property tax
$500 (current assessment)
Days on market
166 days

Heads up on that tax figure. On new construction, the number in the MLS is often the tax on the bare lot, not the finished home. Expect it to jump once the county reassesses with the house on it. How Florida reassesses new builds

What would this home actually cost per month?

Pre-filled with this listing's price and HOA. Adjust anything to match your situation.

Estimated monthly payment

$6,827

$83,000 down (10%) on a $746,999 loan

Principal and interest
$4,722
Property tax (estimated)
$1,170
Homeowners insurance
$267
HOA
$358
PMI (under 20% down)
$311

CDD defaults to zero, and that is often wrong.Many Tampa Bay new-construction communities carry a Community Development District assessment of roughly $1,500 to $3,000 a year on top of HOA, and it is rarely included in a builder's payment estimate. Ask whether this address is in a CDD before you budget.

The tax figure in the MLS looks like a bare-lot assessment. It lists $500 a year, while taxing this purchase price works out closer to $14,040. On new construction the county reassesses once the house is finished, so budget from the higher number.

Estimates only. Actual taxes, insurance, and assessments vary by address and change year to year.

Get the real numbers on this home

What is negotiable on this home?

This listing shows real leverage signals. Here is what its own numbers say.

  • On the market 166 daysWorth knowing

    Past the 90-day mark is where most builders start getting more flexible on concessions, even while holding the published price.

  • Reduced $110,000 (12%)Strong signal

    Originally listed at $939,999. A builder that has already cut once has acknowledged the first number did not work. That is a different conversation than one who has never moved.

  • Finished and standingWorth knowing

    A completed home with a Certificate of Occupancy is inventory, not a future sale. Builders treat standing inventory very differently from a lot they have not broken ground on.

Where builders actually give

Rarely on the published base price. It sets the comp for every unsold home behind this one, and protecting it protects their appraisals. The real room is in closing cost credits, interest rate buydowns, and upgrades moved into the base. Asking for the right one in the right order is most of the job.

Ask Barrett what this builder will move on

Assigned schools

Elementary
K-8 At Clark And Lorriane
Middle
Sarasota Middle
High
Riverview High

School assignments come from the MLS and change. Confirm directly with the district before relying on them.

Other new construction homes in Sarasota

Listed by Floriwest Realty Group, Llc. Listing data provided courtesy of Stellar MLS via Bridge Interactive. Information is deemed reliable but not guaranteed and is provided for consumers' personal, non-commercial use. 6505 Big Lagoon Avenue, Sarasota, FL 34241 is presented by Barrett Henry, REMAX Collective. Prices, availability, and incentives change without notice.

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