1575 Lugano CircleNew Construction Home in Nokomis, FL
Nokomis, FL 34275 · Sarasota County
$979,999
$261/sq ft
Photos of 1575 Lugano Circle
1 / 1Who is building this home?
This home is listed as built by M/I HOMES, floor plan JUNIPER. 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 home to the Juniper. A sprawling 2-story dream, the Juniper features an open-concept floorplan with 4 bedrooms, 3.5 bathrooms, a den, loft, and a 3-car garage. Head through the covered entry into the first floor of this grand home. A den and powder room sit on one side, and a laundry room is on the other. A spacious open floorplan gives you the best of both worlds with a formal and informal dining space that looks directly into the great room. Just waiting for a cozy couch for lazy Saturday mornings or Monday night football, you’ll love how the great room looks out to the covered lanai. The kitchen is truly a chef’s dream with a large center island containing a double basin sink for plenty of food preparation space. The owner’s suite sits on the main floor, sharing no walls with other bedrooms for maximum privacy and relaxation. Enjoy a tranquil owner’s bath with a large, connected walk-in closet for all your belongings, and unwind from the day with a large, enclosed shower and tub. Step directly outside the mud room into the large 3-car garage to make school mornings even easier. After your grand tour of the main floor, head to the second story, which features a loft open to the floor below, creating high ceilings and a grand appearance. Three bedrooms wait upstairs, each with a walk-in closet of its own, and 1 bedroom houses its own bathroom.
Home details and costs
- MLS number
- R4912069
- Property type
- Single Family Residence
- Build stage
- Under Construction
- Builder
- M/I HOMES
- Floor plan
- JUNIPER
- Heated square feet
- 3,759 sq ft
- Total under roof
- 4,973 sq ft
- Stories
- 2 Story
- Lot size
- 0.24 acres
- Subdivision
- Cassata Lakes
- HOA fee
- $342/quarter
- Annual property tax
- $500 (current assessment)
- Days on market
- 8 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
$7,718
$98,000 down (10%) on a $881,999 loan
- Principal and interest
- $5,575
- Property tax (estimated)
- $1,395
- Homeowners insurance
- $267
- HOA
- $114
- PMI (under 20% down)
- $367
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 $16,740. 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 8 daysContext
Still relatively fresh. Expect the sales office to hold firmer here than on inventory that has been sitting.
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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$257/sq ft1563 Lugano Circle
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MLS #R4912104 · Floriwest Realty Group, Llc
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. 1575 Lugano Circle, Nokomis, FL 34275 is presented by Barrett Henry, REMAX Collective. Prices, availability, and incentives change without notice.