1753 Lugano CircleNew Construction Home in Nokomis, FL
Nokomis, FL 34275 · Sarasota County
$899,999
$919,999
$240/sq ft
Photos of 1753 Lugano Circle
1 / 1Who is building this home?
This home is listed as built by M/I HOMES, floor plan WEKIVA. Builder quality, warranty responsiveness, and willingness to fix punch-list items vary enormously between companies in Tampa Bay.
Compare Tampa Bay builder scorecards →About this home
Under Construction. ****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 Wekiva. An expansive and sprawling home, this home includes five bedrooms, five full bathrooms, a first floor flex room, an upstairs bonus room, and a three-car garage. As you step inside the grand foyer, a flex room sits off to the side. Moving along the wall, a spacious utility room opens up, giving you plenty of room to organize, declutter, and clean. It contains cabinets and a sink for a full utility room. As you reach the heart of the home, you are faced with an incredibly spacious and elegant kitchen. Beautiful cabinets line the walls, and an extra-large island creates room for additional seating and prep space. A walk-in pantry provides even more storage. A cozy breakfast nook lives right next to the kitchen, which opens up into a huge great room. Two sets of sliding glass doors open on to the covered lanai. An extra bedroom and a pool bath sit off the great room, making it an easy transition from outdoor fun to inside living. Going upstairs is like entering another space entirely. The master retreat is truly a tranquil get away with multiple windows to create a bright and airy space. An elegant master bath awaits you with dual vanities, a water closet, an enclosed shower space, and a huge walk-in closet. Three additional bedrooms and two bathrooms sit upstairs with a bonus room providing the perfect entertainment space that looks down at the foyer below. The Wekiva is the perfect plan for those who love entertainment, play, and spending time at home.
Home details and costs
- MLS number
- R4911516
- Property type
- Single Family Residence
- Build stage
- Under Construction
- Builder
- M/I HOMES
- Floor plan
- WEKIVA
- Heated square feet
- 3,745 sq ft
- Total under roof
- 4,845 sq ft
- Stories
- 2 Story
- Lot size
- 0.19 acres
- Subdivision
- Cassata Lakes
- HOA fee
- $342/quarter
- Annual property tax
- $500 (current assessment)
- Days on market
- 103 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
$7,113
$90,000 down (10%) on a $809,999 loan
- Principal and interest
- $5,120
- Property tax (estimated)
- $1,275
- Homeowners insurance
- $267
- HOA
- $114
- PMI (under 20% down)
- $337
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 $15,300. 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 homeWhat is negotiable on this home?
Here is what this listing's numbers say about the builder's position.
On the market 103 daysWorth knowing
Past the 90-day mark is where most builders start getting more flexible on concessions, even while holding the published price.
Reduced $20,000 (2%)Worth knowing
Originally listed at $919,999. 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.
Still under constructionContext
The builder has money in the ground but no finished house to carry, so there is less pressure than on standing inventory. The upside is that some finish selections are usually still open.
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.
Assigned schools
- Elementary
- Laurel Nokomis Elementary
- Middle
- Laurel Nokomis Middle
- High
- Venice Senior High
School assignments come from the MLS and change. Confirm directly with the district before relying on them.
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$214/sq ft$925,887 ↓ $125,888
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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. 1753 Lugano Circle, Nokomis, FL 34275 is presented by Barrett Henry, REMAX Collective. Prices, availability, and incentives change without notice.