5125 Palm Aire Dr Sarasota, FL 34243
3
Beds
2
Baths
2,580
Sq Ft
0.28
Acres
Highlights
- Sun or Florida Room
- No HOA
- 2 Car Attached Garage
- Great Room
- Enclosed patio or porch
- Eat-In Kitchen
About This Home
As of March 2025Investment Opportunity in Palm Aire of Sarasota. Looking for a promising investment opportunity in the heart of Sarasota? Look no further! This large 3-bedroom, 2-bathroom home, built in 1983, is a hidden gem waiting for your creative touch. Located in the much-desired Palm Aire community, this property is a fantastic opportunity for investment buyers.
Nestled on the golf course in Palm Aire, this home offers a serene setting with picturesque views. With over 2,580 sq ft of living space on a 0.27-acre lot, there's plenty of room to create your dream home. Enjoy the freedom and flexibility of living in a neighborhood without HOA restrictions. The primary bath and kitchen have already been updated, setting the stage for further enhancements.
Conveniently located just minutes from Downtown Sarasota, University Town Center (UTC) Sarasota-Bradenton International Airport, and our Beautiful beaches and the Palm Aire Country Club.
This property is ideal for someone ready to invest in its future. With your tools and creativity, you can transform this diamond in the rough into a stunning home. This home offers incredible potential, bring your vision and make this property your next successful project!
Last Agent to Sell the Property
EXP REALTY LLC Brokerage Phone: 888-883-8509 License #3157966 Listed on: 03/04/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,934
Year Built
- Built in 1983
Lot Details
- 0.28 Acre Lot
- West Facing Home
- Irrigation
- Property is zoned RSF4.5/W
Parking
- 2 Car Attached Garage
Home Design
- Slab Foundation
- Shingle Roof
- Block Exterior
Interior Spaces
- 2,580 Sq Ft Home
- 1-Story Property
- Sliding Doors
- Great Room
- Sun or Florida Room
Kitchen
- Eat-In Kitchen
- Range
- Dishwasher
Flooring
- Laminate
- Concrete
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
Laundry
- Laundry in unit
- Washer
Outdoor Features
- Enclosed patio or porch
Utilities
- Central Heating and Cooling System
- Electric Water Heater
Community Details
- No Home Owners Association
- Desoto Lakes Cntry Clb Clny Community
- Desoto Lakes Country Club Colony 4 Subdivision
Listing and Financial Details
- Visit Down Payment Resource Website
- Tax Lot 69
- Assessor Parcel Number 1956203507
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 4, 2025
Closed on
Mar 18, 2025
Sold by
Pat A Oconnor Revocable Trust and Pettibone Greg
Bought by
Bache Investments Llc
Seller's Agent
Jon Buice
EXP REALTY LLC
Buyer's Agent
Lance Bache
FLORIDA REALTY INVESTMENTS
List Price
$350,000
Sold Price
$330,000
Premium/Discount to List
-$20,000
-5.71%
Views
25
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
254.86%
Original Mortgage
$428,200
Outstanding Balance
$428,200
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$48,263
Purchase Details
Closed on
Dec 30, 2015
Sold by
Connor Pat Anne O and Bohlinger Patricia Anne
Bought by
Connor Pat A O and Pat A Oconnor Revocable Trust
Purchase Details
Closed on
Aug 9, 1999
Sold by
Popp Roger and Popp Gay R
Bought by
Bohlinger Patricia Anne
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
7.7%
Similar Homes in Sarasota, FL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $330,000 | None Listed On Document | |
| Interfamily Deed Transfer | -- | Attorney | |
| Warranty Deed | $165,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $428,200 | New Conventional | |
| Previous Owner | $77,500 | Credit Line Revolving | |
| Previous Owner | $130,000 | New Conventional | |
| Previous Owner | $132,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/28/2025 06/28/25 | Pending | -- | -- | -- |
| 06/20/2025 06/20/25 | Price Changed | $525,000 | -4.5% | $203 / Sq Ft |
| 06/04/2025 06/04/25 | Price Changed | $550,000 | -4.3% | $213 / Sq Ft |
| 05/23/2025 05/23/25 | For Sale | $575,000 | +74.2% | $223 / Sq Ft |
| 03/18/2025 03/18/25 | Sold | $330,000 | -5.7% | $128 / Sq Ft |
| 03/06/2025 03/06/25 | Pending | -- | -- | -- |
| 03/04/2025 03/04/25 | For Sale | $350,000 | -- | $136 / Sq Ft |
Source: Stellar MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $2,934 | $210,313 | -- | -- |
| 2023 | $2,870 | $204,187 | $0 | $0 |
| 2022 | $2,778 | $198,240 | $0 | $0 |
| 2021 | $2,642 | $192,466 | $0 | $0 |
| 2020 | $2,712 | $189,809 | $0 | $0 |
| 2019 | $2,656 | $185,542 | $0 | $0 |
| 2018 | $2,617 | $182,082 | $0 | $0 |
| 2017 | $2,431 | $178,337 | $0 | $0 |
| 2016 | $2,414 | $174,669 | $0 | $0 |
| 2015 | $2,422 | $173,455 | $0 | $0 |
| 2014 | $2,422 | $172,078 | $0 | $0 |
| 2013 | $2,386 | $169,535 | $40,850 | $128,685 |
Source: Public Records
Agents Affiliated with this Home
-
Lance Bache
L
Seller's Agent in 2025
Lance Bache
FLORIDA REALTY INVESTMENTS
(941) 685-3883
126 Total Sales
-
Jon Buice
Seller's Agent in 2025
Jon Buice
EXP REALTY LLC
(941) 962-7443
68 Total Sales
-
Jose Hugo Martinez
J
Buyer's Agent in 2025
Jose Hugo Martinez
KW COASTAL LIVING III
(941) 373-5570
17 Total Sales
Map
Source: Stellar MLS
MLS Number: A4643019
APN: 19562-0350-7
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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