7123 87th Ln E, Palmetto, FL 34221
OFF MARKET

$404,900

Trulia Estimate
  • 3 Beds
  • 2 Baths
  • 1,687 sqft (on 0.26 acres)

7123 87th Ln E, Palmetto, FL 34221

Est. Refi. Payment $2,625/mo*
Refinance Your Home
Currently Off Market - Sold Mar 10, 2014 for $168,000

Home Value

Trulia Estimate
$405K
Since last month
Increased$2K (+0.4%)
Since last year
Increased$8K (+1.9%)
Since last sale
Increased$239K (+142%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +70% in the last 10 years
MonthEstimated value
2026
August 2026$407K
July 2026$405K
June 2026$407K
May 2026$407K
April 2026$407K
March 2026$407K
February 2026$408K
January 2026$403K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
7134 E 87TH LANE, Palmetto, FL
0.04
Single-Family Home
$325,000
01/20/26
3
2
1,498
8807 71ST AVENUE E, Palmetto, FL
0.15
Single-Family Home
$419,000
06/08/26
3
2
1,890
8903 71ST AVENUE E, Palmetto, FL
0.19
Single-Family Home
$315,000
11/10/25
3
2
1,456
8908 71ST AVENUE E, Palmetto, FL
0.20
Single-Family Home
$372,113
06/25/26
3
2
1,721
9002 69TH AVENUE E, Palmetto, FL
0.26
Single-Family Home
$480,000
12/05/25
3
2
2,213
9001 69TH AVENUE E, Palmetto, FL
0.29
Single-Family Home
$467,000
07/17/26
3
2
1,967
9408 69TH AVENUE E, Palmetto, FL
0.49
Single-Family Home
$405,000
10/01/25
3
2
1,808
8602 AMEN CORNER PLACE, Palmetto, FL
0.45
Single-Family Home
$440,000
08/14/26
3
2
2,092
9401 69TH AVENUE E, Palmetto, FL
0.46
Single-Family Home
$420,000
05/29/26
3
2
2,065
9351 RAES CREEK PLACE, Palmetto, FL
0.23
Single-Family Home
$550,000
09/12/25
4
3
2,219

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
7127 87TH LANE E, Palmetto, FL 34221
0.02
$344,200
3
2
1,493
Off Market
7134 E 87TH LANE, Palmetto, FL 34221
0.04
$325,000
3
2
1,498
Recently Sold
7109 86TH STREET E, Palmetto, FL 34221
0.11
$442,200
3
3
1,762
Off Market
8705 71ST AVENUE E, Palmetto, FL 34221
0.12
$448,400
3
3
2,093
Off Market
8701 71ST AVENUE E, Palmetto, FL 34221
0.12
$478,800
3
2
2,126
Off Market
8807 71ST AVENUE E, Palmetto, FL 34221
0.15
$419,000
3
2
1,890
Recently Sold
7113 91ST STREET E, Palmetto, FL 34221
0.19
$373,100
3
2
1,822
Off Market
8903 71ST AVENUE E, Palmetto, FL 34221
0.19
$315,000
3
2
1,456
Recently Sold
8908 71ST AVENUE E, Palmetto, FL 34221
0.20
$372,113
3
2
1,721
Recently Sold
9351 RAES CREEK PLACE, Palmetto, FL 34221
0.23
$551,200
4
3
2,219
Off Market
7407 91ST STREET E, Palmetto, FL 34221
0.25
$587,500
3
2
2,794
Off Market
9343 RAES CREEK PLACE, Palmetto, FL 34221
0.24
$515,600
4
3
2,218
Off Market

Local Information

  • Map ViewExplore the area around 7123 87th Ln E.
  • Schools1 Preschool School1 Elementary School2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
2002
Lot Size
0.26 acres
Living Area
1,687 sqft
Price/Sqft
$240
Parking
Garage

About this House

Short Sale. Newer lakefront home in a great family neighborhood! This 3Bdrm/2Bath home is in move-in condition and sits on an oversized ? acre lakefront lot. Just off the foyer is a spacious den, now used as the children's playroom. The eat-in kitchen with breakfast bar is open to the large great room, 8 foot French doors that lead out to the covered, screened lanai offering tranquil lake views. The master suite has views of the lake, a walk-in closet & a bathroom with separate shower & tub. This split plan home offers two guest bedrooms & an interior laundry room with 1687 sq. ft. under air & a 2-car garage. Upgrades include crown molding throughout, ceiling fans, and Cat 5 wiring. A newer green chain link fence borders the back yard for safety & privacy. Don't miss this beauty!Brokered And Advertised By: KELLER WILLIAMS LAKEWOOD RANCHListing Agent: STEVEN DUTOIT
7123 87th Ln E, Palmetto, FL 34221 is a 3 bedroom, 2 bathroom, 1,687 sqft single-family home built in 2002. It last sold for $168,000 on Mar 10, 2014. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $404,900, with a rent estimate of $3,021/month.

Home Details for 7123 87th Ln E

Interior Features

Levels, Entrance, & Accessibility
Stories: 1
Heating & Cooling
Air ConditioningCooling System: Central
Interior Details
Ceiling Fan

Exterior Features

Exterior Home Features
Roof: CompositionDeckExterior: Stone, BrickPatioPorch
Pool
Pool
Parking & Garage
GarageParking: Garage Attached

Property Information

Year Built
Year Built: 2002Year Updated: 2008
Property Type / Style
Property Type: Single Family HomeArchitecture: Other

Rental Terms, Policies & Fees

Furnished

Community

Units in Building: 1

Lot Information

Lot Area: 0.26 acres

Price and Tax history

DateEventPrice
Mar 10, 2014
Source: N/A
Sold
$168,000
Sep 11, 2012
Source: N/A
Sold
$120,000
Mar 18, 2012
Source: Agent Provided
ListingRemoved
$135,000
Mar 9, 2012
Source: Agent Provided
Listed For Sale
$135,000
Nov 19, 2002
Source: N/A
Sold
$180,000

Market trends in Palmetto

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$350K
$2.85KMoM
Sale-to-List Price
97.7%
0.5%MoM
Price per sq ft
$217
$2MoM
Available listings
415

Around this home

What Locals Say about Palmetto

At least 188 Trulia users voted on each feature.

  • 87 % Say car is needed

  • 86 % Say it's dog friendly

  • 86 % Say parking is easy

  • 82 % Say yards are well-kept

  • 69 % Say there's holiday spirit

  • 67 % Say it's quiet

  • 65 % Say people would walk alone at night

  • 64 % Say kids play outside

  • 62 % Say there are sidewalks

  • 55 % Say neighbors are friendly

  • 49 % Say they plan to stay for at least 5 years

  • 47 % Say there's wildlife

  • 37 % Say streets are well-lit

  • 32 % Say it's walkable to grocery stores

  • 30 % Say there are community events

  • 27 % Say it's walkable to restaurants

Sourced by Trulia users. Learn more about our methodology.
  • La Shawn
    "I do not have any pets to give an opinion. The area is nice. I do see people walking their dogs daily "
    0
    Flag
  • Cgreene911
    "Quiet, Pet friendly. Neighbors are friendly and watch out for each other. There were 2 antagonists but fortunately they sold. The current Board is working hard to meet the requirements for a well maintained community that we can enjoy. Please ignore the previous negative comment. HOA fees are now $244 for the purpose of replenishing reserves that were depleted."
    10
    Flag
  • Janie Z.
    "This is not a friendly community. Very clickish. There are bullies here and those who spy for the owner then report you. Those who call you a friend one day then stab you in the back the next day to join the newest ‘in crowd’. Do yourself a favor, buy elsewhere. "
    5
    Flag
  • Trulia User
    "An old fashioned neighborhood where kids can have a little freedom. Very neighborly, quiet. City park with new play structure and community events"
    0
    Flag
  • Trulia User
    "Food carts, Saturday market, park events like outdoor movies, boating festivals, litter clean-ups, small businesses, pier fishing, soccer, pickle ball "
    0
    Flag
  • J. M.
    "Wonderful location 20 minutes from beautiful ⛱ beaches. The nicest place in Florida to live! Close to 75 and 275 and shopping is great around here with St Armands and University Mall just down a few exits."
    1
    Flag
  • Brittney J.
    "The kind of neighbors you hope you have. That look out for you while you're out of town or pass sugar over the fence. Lots of families in the neighborhood and easy access to the highway. I work in Pinellas county and it's a short commute. "
    2
    Flag
  • Misty V.
    "Easy drive to Tampa/St.Pete/Sarasota and without all the hussle and bussle of being right in a city. "
    7
    Flag
  • Rolandoramos87
    "This is a elderly Mobil home residence. It is a very nice place to live. The zone is friendly, easy to get around and has good access to main roads."
    0
    Flag
  • Pat T.
    "Charter school, grades K-8 within walking distance located in neighborhood. Homes surround Lake Joyce with kayaking and fishing."
    2
    Flag
  • Pat T.
    "No public transportation. However, easy access to I-75 and I-275 to Tampa, St. Petersburg and Sarasota. "
    0
    Flag
  • Jodi R.
    "Neighborhood is very friendly and full of families with kids of all ages. There are local farmers markets also. "
    4
    Flag
  • Monroe B.
    "Lived here for 13 years. Friendly neighbors watching out for each other. A mobile home is not kid friendly "
    1
    Flag
  • Joan S.
    "I just moved here a few months ago & I've visited here many times. Beautiful area by the water. I live in a 55+ community & my neighbors are from everywhere."
    8
    Flag
  • Nisa1980
    "My neighborhood’s commute is safe and steady. No heavy traffic. Transportation always seems cautious. "
    0
    Flag
  • Dollfinzz1
    "It’s easy to commute to St Pete, Sarasota, Or Bradenton. Of course, you need a car or ride share. The public trans is not 24/7.0"
    0
    Flag
  • Malikah M.
    "Great neighborhood, friendly people, close to shopping. Traffic during morning and afternoon commutes."
    3
    Flag
  • Jabart74
    "The fair and art stands, traffic is fair and many stores to shop. Having to cross one of three bridges gets hectic at times."
    0
    Flag
  • Anabel0114
    "Always church events, park events and movies and all the shopping centers around. Great neighborhood! "
    0
    Flag
  • Gary S.
    "Very pleasant and affordable area. Close enough to services and groceries, etc. The people are very nice. "
    2
    Flag
  • britmatany
    "Very few good schools in this area! Few decent parks/playgrounds, but close to great playgrounds in Sarasota."
    3
    Flag
  • ROR
    "Easy to reach i75 North or South. Close to everything. Easy to reach 301 or 41 either North, South or to Anna Maria Island. Traveling to Sarasota is easy as well."
    0
    Flag
  • Mario s
    "Just us visiting. Seems like a wonderful place for recreation and families. We will only be here for a week but looking forward to boating and grilling and having a wonderful time."
    0
    Flag
  • Shaun C.
    "Great neighborhood for pets, kids, etc. Very safe, LOTS of police officers live here. Walk around anytime, day or night. "
    0
    Flag
  • Ralph B.
    "our neighborhood is safe and quiet. peaceful and practical. I enjoy living here. it's a good investment too. "
    3
    Flag
  • Anabel0114
    "It is very family friendly, quite, beautiful, nice scenery, great schools, close to about everything and almost 100% safe. I would reccomend this neighborhood to anyone and I have lived in this area for about 11 years now. "
    0
    Flag
  • Kd9249
    "Nice established community. Great mix of people. Quiet and friendly. Homes are all different. Feel safe walking at night."
    0
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 7123 87th Ln E

  • What is 7123 87th Ln E estimated to be worth?
    Trulia's estimated value for 7123 87th Ln E in Palmetto, FL is $404,900.
  • What is the price history for 7123 87th Ln E?
    7123 87th Ln E in Palmetto, FL last sold for $168,000 in March 2014.
  • Is Palmetto a buyer's or seller's market?
    Palmetto is currently a buyer's market, based on recent for-sale activity.
  • What's the median sale price in Palmetto?
    The median sale price in Palmetto is $350K. That is up $2.85K from the prior month.
  • Does 7123 87th Ln E have air conditioning?
    Yes, 7123 87th Ln E in Palmetto, FL has air conditioning.
  • Does 7123 87th Ln E have a pool?
    Yes, 7123 87th Ln E in Palmetto, FL has a pool.

Explore by feature - Pet Friendly

89 pet-friendly rentals in Palmetto, FL

Explore by feature - Garage

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Explore by feature - Air Conditioning

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Explore by feature - Pool

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Explore by feature - Washer/dryer

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Explore by feature - Outdoor Space

23 rentals with an outdoor space in Palmetto, FL

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