
506 LAUREL PARK DRIVE UNIT 506, SARASOTA, FL, 34236
Active2 days on marketListed Aug 15, 2026MLS #A4703096
About this home
506 LAUREL PARK DRIVE UNIT 506
Headline Luxurious Townhome for Annual Rental in Laurel Park Description Welcome to 506 Laurel Park Dr., Sarasota – a masterpiece of modern luxury nestled in the sought-after Laurel Park neighborhood. This elegant townhome with private elevator offers unparalleled comfort, sophistication, and convenience, perfect for those seeking the best of Sarasota living. Enter your home through the private 2 car garage and move to the second floor which serves as the heart of the home, featuring a spacious kitchen, dining, and great room area designed for seamless entertaining and relaxation. The modern kitchen is a chef’s dream, boasting stainless steel appliances, an induction cooktop, and an island with seating, ample cabinets, cathedral ceilings and dual balconies providing copious amounts of daylight. Designer cabinetry and quartz countertops complete this exquisite space. The third floor hosts two generously sized bedrooms, each with en suite bathrooms and private balconies and on-floor laundry. The fourth floor is entirely dedicated to the owners' retreat, featuring two expansive walk-in closets and a spa-inspired bathroom with dual quartz vanities, an upgraded walk-in shower, and a luxurious soaking tub. Adding to the home’s convenience and sophistication is a private elevator that provides easy access to all four levels. Multiple balconies allow you to take in stunning views of Laurel Park and downtown Sarasota, creating an urban oasis just steps from your door. Located in close proximity to Sarasota’s Award-Winning Gulf Beaches, including the world-renowned Siesta Key and Lido Beach, this townhome is minutes away from St. Armand’s Circle, the Arts and Museum District, and a plethora of shopping and dining options. Don’t miss this rare opportunity to experience the best of Sarasota living in this extraordinary annual rental. Schedule your private tour today! Available for a minimum one-year lease with option to renew. Tenant Responsible for: All Utilities. Central Air, Electric Heat Pets: Yes, small dogs under 50lbs and cats, no more than 2 total. Pet rent is $35 month/ pet plus an additional pet security deposit of $250/pet. Pets must be registered during the application process. Schools: Elementary School: Southside Elementary School, Middle School: Booker Middle School, High School: Sarsaota High School. Minimum security deposit equal to 1x the monthly rent OR No-Security Deposit Option: Ask about applying for a zero-security deposit option through our partnership with The Guarantors. HOA Application fee of $100 in addition to PMI Application Fee. At PMI Southwest Florida, we strive to provide an experience that is cost effective and convenient. That’s why we provide a Resident Benefits Package (RBP) to address common headaches for our residents. Our Standard Program handles insurance, air filter changes, utility set up, credit building, rent rewards and more at a rate of *$39.95/month, added to every property as a required program. You have the option to elect our Premium Program, which includes all of the above plus identity protection & pest control at a rate of *$49.95/month. *If you provide your own insurance policy, the RBP cost will be reduced by $11.95, which is the amount of the insurance premium billed by Second Nature Insurance Services
Facts & features
The home at a glance
3
Bedrooms
3.5
Bathrooms
2,451
Sqft
0.04 ac
Lot size
2
Garage
2019
Year built
Three Or More
Levels
$2
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Principal and interest plus estimated taxes and insurance. Run your own numbers below.
$195 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:

Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$195/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Estimates only — taxes at 1.1%/yr and typical insurance; your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
$/sqft vs Sarasota actives
$2 vs $349
Days on market
2 vs 63 typical
Where $2/sqft sits among the 400 Sarasota actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Sarasota
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Sarasota. See the full Sarasota guide →
SARASOTA 34236 — neighborhood snapshot
Population
13,916
Median age
66.6
Median income
$96,400
Median home value
$917,100
Avg household
1.63
Households w/ children
460
The numbers that matter
The Sarasota market
$475K → $493K
Sarasota median sold, yr/yr
95.2%
Sale-to-list ratio (12 mo)
178 of 400
Sarasota actives have cut their price
Median sold price, Sarasota, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 99% below the SARASOTA 34236 median. See the full Sarasota market guide →
Paper trail
This home's history
Reality check
What actually sold near 506 LAUREL PARK DRIVE UNIT 506
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Jun ’26$1,830,000
2215 DATURA STREET
4 bd · 3 ba · 2,317 sqft · $790/sqft · 93 DOM
Sold · Jun ’26$1,825,000
1841 DATURA STREET
4 bd · 4 ba · 2,293 sqft · $796/sqft · 12 DOM
Sold · Aug ’25$1,652,000
2265 CLEMATIS STREET
4 bd · 3 ba · 2,285 sqft · $723/sqft · 18 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Geral Garcia
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 506 LAUREL PARK DRIVE UNIT 506 — start here.

Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 506 LAUREL PARK DRIVE UNIT 506 — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to Geral's phone and CRM.
Straight answers
506 LAUREL PARK DRIVE UNIT 506 FAQs
What would the monthly payment be for 506 LAUREL PARK DRIVE UNIT 506?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $195/mo — principal and interest, estimated property taxes and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
Are pets allowed at 506 LAUREL PARK DRIVE UNIT 506?+
The listing reports pets: Breed Restrictions, Size Limit. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Sarasota?+
At $4,800, this home is listed about 99% below the Sarasota median of $555,000. The market section on this page shows how the area is trending.
Keep looking
Similar homes nearby
Listing courtesy of PMI SOUTHWEST FLORIDA · Nancy Guerrero. MLS #A4703096.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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