NOT LISTED FOR SALE

5362 Royal Palm Ave Unit 5362 Sarasota, FL 34234

Bayou Oaks Neighborhood

Estimated Value: $191,881 - $209,000

2 Beds
2 Baths
930 Sq Ft
$605/mo HOA Fee

Last Sold August 16, 2024

Last sale price $216,000 $232 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $1,925/month

124 Days on Market

Highlights

  • Open Floorplan
  • Living Room with Fireplace
  • End Unit
  • Booker High School Rated A-
  • Cathedral Ceiling
  • Solid Surface Countertops

About This Home

As of August 2024

**THIS PROPERTY QUALIFIES FOR A 1% LENDER INCENTIVE IF USING PREFERRED LENDER. INQUIRE FOR MORE DETAILS.** Discover the ease of maintenance-free living at Royal Palm Villas! This charming 2-bedroom, 2-bathroom end unit villa boasts major updates including new granite countertops, an undermount sink, and updated plumbing in the kitchen (April 2024), as well as a recently replaced roof (2024). The living space is enhanced by a wood-burning fireplace with a new stainless steel top installed by the HOA in 2023. High ceilings and natural light from multiple skylights create a warm and inviting atmosphere throughout the home. Fresh light fixtures, door hinges, faucets, 2” faux wood blinds, and newly sealed and painted window frames add a modern touch. Open the pocket glass door to reveal the spacious screened-in lanai, perfect for morning coffee or evening relaxation. The kitchen is designed for practicality, offering ample counter space, a built-in pantry, and a versatile coffee bar in the dining area. Retreat to the primary suite, complete with an updated ensuite bathroom and access to a private atrium. A second bedroom and updated bathroom provide comfortable accommodations for family or guests. Enjoy the peace of mind that comes with the HOA fee covering essential utilities like water, sewer, trash, and basic cable. Relax by the refreshing community pool, knowing that exterior maintenance, including lawn care, is thoughtfully managed for you. Nestled in a quaint community with mature landscaping, this villa is centrally located near Downtown Sarasota, St. Armands Circle, the Ringling Museum, SRQ International Airport, UTC, and the beautiful Gulf beaches. Embrace the convenience and comfort of everyday living at Royal Palm Villas.

Last Agent to Sell the Property

Toni Zarghami

KW COASTAL LIVING III Brokerage Phone: 941-900-4151 License #3283821 Listed on: 03/14/2024

KW COASTAL LIVING III

Last Buyer's Agent

Roberta Gainer

PREMIER SOTHEBYS INTL REALTY License #3516750

PREMIER SOTHEBYS INTL REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,450

Year Built

  • Built in 1986

Lot Details

  • End Unit
  • North Facing Home
  • Wood Fence
  • Mature Landscaping

HOA Fees

  • $605 Monthly HOA Fees

Parking

  • 1 Assigned Parking Space

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 930 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Blinds
  • Sliding Doors
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting

Schools

  • Emma E. Booker Elementary School
  • Brookside Middle School
  • Booker High School

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, pool, escrow reserves fund, insurance, maintenance structure, ground maintenance, management, pest control, sewer, trash, water
  • Advanced Management Inc Association, Phone Number (941) 359-1134
  • Royal Palm Villas Community
  • Royal Palm Villas Subdivision

Recreation

  • Community Pool

Pet Policy

  • Pets up to 35 lbs
  • Pet Size Limit
  • 2 Pets Allowed
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,450

Year Built

Built in 1986

Lot Details

0

HOA Fees

$605 per month

Listing Details

  • HOA Fee Includes: Cable TV, Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Management, Pest Control, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Fireplace: Yes
  • Living Area: 930
  • New Construction: No
  • Year Built: 1986
  • Building Area Total: 1130
  • Directions to Property: From US-41, take University Parkway East towards I-75. Take first right onto Royal Palm Ave immediately passing SRQ International. Make first left into Royal Palm Villas community. Villa is located in the back of the neighborhood past community pool.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 203884503
  • Minimum Lease: No Minimum
  • Number Of Pets: 2
  • RATIO Current Price By Calculate: 232.26
  • Total Acreage: Non-Applicable
  • Unit Number YN: 0
  • Water Access YN: 0
  • Property Description: End Unit
  • MFR_NumAssignedParkingSpaces: 1
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 941-900-4151
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Living Room
  • Living Area Units: Square Feet
  • Flooring: Tile
  • Full Bathrooms: 2
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Eat-in Kitchen, High Ceilings, Living Room/Dining Room Combo, Open Floorplan, Skylight(s), Solid Surface Counters, Thermostat, Window Treatments
  • Appliances Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1
  • Window Features: Blinds
  • Street Number Modifier: 5362
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 86.40
  • Room Count: 7

Exterior Features

  • Direction Faces: North
  • Exterior Features: Lighting, Sidewalk, Sliding Doors
  • Roof: Shingle
  • Home Warranty: No
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Covered, Patio, Screened
  • Road Surface Type: Asphalt
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Assigned, Guest

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Available, Public, Sewer Available, Water Available
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside, Laundry Closet
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Pool, Sidewalks
  • Association Amenities: Pool
  • Association Fee: 605
  • Association Fee Frequency: Monthly
  • Association Name: Advanced Management Inc
  • Phone: 941-359-1134 121
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Pet Restrictions: *HOA information to be verified by buyer/buyer’s agent. Restrictions apply & application is needed.
  • Association Fee Requirement: Required
  • Condo Land Included YN: 0
  • Max Pet Weight: 35
  • Montly Maint Amt Addition To HOA: 0
  • Association Email: bcurry@amiwra.com
  • Pet Size: Small (16-35 Lbs.)

Fee Information

  • Total Annual Fees: 7260.00
  • Total Monthly Fees: 605.00
  • Monthly HOA Amount: 605.00

Schools

  • Elementary School: Emma E. Booker Elementary
  • High School: Booker High
  • Middle Or Junior School: Brookside Middle

Lot Info

  • Zoning: RMF2
  • Parcel Number: 2001011031
  • Additional Parcels: No
  • Fencing: Fenced, Wood
  • Flood Zone Code: X
  • Homestead YN: 0

Green Features

  • Green Verification Count: 0

Rental Info

  • Pets Allowed: Cats OK, Dogs OK, Number Limit, Size Limit, Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: *HOA information to be verified by buyer/buyer’s agent.

Tax Info

  • Tax Annual Amount: 2449.77
  • Tax Book Number: 1751-2054
  • Tax Lot: 001000

Multi Family

  • Approval Process: *HOA information to be verified by buyer/buyer’s agent.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2024
Closed on
Aug 16, 2024
Sold by
Wolgamott Kyle J
Bought by
Zervas George Christopher and Zervas Jennifer Lucille
Seller's Agent
Toni Zarghami
KW COASTAL LIVING III
Buyer's Agent
Roberta Gainer
PREMIER SOTHEBYS INTL REALTY
List Price
$240,000
Sold Price
$216,000
Premium/Discount to List
-$24,000
-10%
Views
282
Current Estimated Value
$204,720

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,280
Avg. Annual Appreciation
-5.22%
Original Mortgage
$194,400
Outstanding Balance
$192,918
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$11,802

Purchase Details

Listed on
Jul 11, 2021
Closed on
Sep 10, 2021
Sold by
Danduone Grace J and Danduone Salvatore A
Bought by
Timlin Philip and Timlin Sandra
Seller's Agent
Ricardo Zambrano
RE/MAX PREMIER GROUP
Buyer's Agent
Ramon Martinez
KELLER WILLIAMS ISLAND LIFE REAL ESTATE
List Price
$125,900
Sold Price
$130,500
Premium/Discount to List
$4,600
3.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.70%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Zervas George Christopher $216,000 Opus Title Llc
Timlin Philip $130,500 Integrity Title Services Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zervas George Christopher $194,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2024 08/16/24 Sold $216,000 -1.4% $232 / Sq Ft
07/17/2024 07/17/24 Pending -- -- --
07/08/2024 07/08/24 Price Changed $219,000 -0.9% $235 / Sq Ft
06/24/2024 06/24/24 Price Changed $221,000 -1.3% $238 / Sq Ft
06/14/2024 06/14/24 Price Changed $224,000 -0.7% $241 / Sq Ft
05/18/2024 05/18/24 Price Changed $225,500 -0.4% $242 / Sq Ft
04/26/2024 04/26/24 Price Changed $226,500 -0.4% $244 / Sq Ft
04/12/2024 04/12/24 Price Changed $227,500 -1.0% $245 / Sq Ft
04/02/2024 04/02/24 Price Changed $229,900 -2.2% $247 / Sq Ft
03/25/2024 03/25/24 Price Changed $235,000 -2.1% $253 / Sq Ft
03/14/2024 03/14/24 For Sale $240,000 +9.1% $258 / Sq Ft
08/14/2023 08/14/23 Sold $220,000 -3.9% $237 / Sq Ft
07/03/2023 07/03/23 Pending -- -- --
06/22/2023 06/22/23 For Sale $229,000 +75.5% $246 / Sq Ft
09/08/2021 09/08/21 Sold $130,500 0.0% $140 / Sq Ft
08/22/2021 08/22/21 Pending -- -- --
08/19/2021 08/19/21 Off Market $130,500 -- --
08/16/2021 08/16/21 Pending -- -- --
08/14/2021 08/14/21 For Sale $125,900 0.0% $135 / Sq Ft
07/17/2021 07/17/21 Pending -- -- --
07/16/2021 07/16/21 For Sale $125,900 0.0% $135 / Sq Ft
07/13/2021 07/13/21 Pending -- -- --
07/11/2021 07/11/21 For Sale $125,900 -- $135 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

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 $2,450 $169,400 -- $169,400
2023 $2,450 $164,300 $0 $164,300
2022 $2,068 $124,000 $0 $124,000
2021 $1,378 $84,400 $0 $84,400
2020 $1,292 $76,100 $0 $76,100
2019 $1,312 $87,400 $0 $87,400
2018 $1,241 $83,700 $0 $83,700
2017 $1,117 $48,763 $0 $0
2016 $1,020 $68,900 $0 $68,900
2015 $786 $40,300 $0 $40,300
2014 $822 $38,940 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Toni Zarghami

    Seller's Agent in 2024

    Toni Zarghami

    KW COASTAL LIVING III

    (941) 356-5076

    10 in this area

    1,081 Total Sales

    Section Image

  • R

    Buyer's Agent in 2024

    Roberta Gainer

    PREMIER SOTHEBYS INTL REALTY

    (407) 561-0515

    1 in this area

    16 Total Sales

    Section Image

  • R

    Seller's Agent in 2023

    Ramon Martinez

    KELLER WILLIAMS ISLAND LIFE REAL ESTATE

    (941) 882-2269

    2 in this area

    51 Total Sales

    Section Image

  • R

    Seller's Agent in 2021

    Ricardo Zambrano

    RE/MAX Premier Group

    (813) 909-0909

    1 in this area

    5 Total Sales

    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: A4603102

Stellar MLS

APN: 2001-01-1031

Florida Sarasota County Sarasota 34234 Bayou Oaks

5362 Royal Palm Ave Unit 5362, Sarasota, FL

This home is located at 5362 Royal Palm Ave Unit 5362, Sarasota, FL 34234 since 14 March 2024 and is currently estimated at $204,720, approximately $220 per square foot. This property was built in 1986. 5362 Royal Palm Ave Unit 5362 is a home located in Sarasota County with nearby schools including Emma E. Booker Elementary School, Booker Middle School, and Booker High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

Nearby Homes