$265,000

5378 Royal Palm Ave Unit 5378 Sarasota, FL 34234

Bayou Oaks Neighborhood

Estimated payment $2,254/month

Total Views 4,147
2 Beds
2 Baths
930 Sq Ft
$285 Price per Sq Ft

Highlights

  • View of Trees or Woods
  • Cathedral Ceiling
  • Stone Countertops
  • Booker High School Rated A-
  • Window or Skylight in Bathroom
  • Mature Landscaping

About This Home

This villa is a rare find, featuring a remodeled 2BR 2BA layout with a beautiful enclosed rear lanai and an outside wrap-around patio designed for outdoor Florida living. The privacy fence across the backside adds to the allure of this property, while the new Florida foliage and outside lighting create a tranquil atmosphere for relaxation. Among the 12 villas in the community, this property stands out with its cathedral ceilings and three skylights (BRAND NEW ROOF AND SKYLIGHTS 2025). The kitchen is elegantly designed with granite countertops, stainless appliances, and a large sink, while matching ceramic tile extends throughout the home as well as the spacious enclosed lanai with storage and hurricane shutters. Both bathrooms feature higher toilets, and a unique atrium off the Master Bathroom adds a touch of charm. An additional outside metal shed provides extra storage space. This property offers both charm and practicality, making it an appealing choice for those seeking a home in Sarasota. Experience the best of both worlds. Nestled in the city’s art district, this peaceful and quiet community offers easy access to downtown and Sarasota's attractions, including the Ringling Museum, Ringling College, Van Wezel Performing Arts Hall, Asolo Theatre, Sarasota Airport, and Lido Beach. Furthermore, the property benefits from an HOA fee covering the roof, and property remained unscathed by hurricanes, making it a secure investment. Notably, this community is not age-restricted, and owner occupants are allowed up to two domestic pets weighing up to 35lbs each (dogs and cats). Hot Water Heater (2022). Come live the Florida lifestyle you've been dreaming of.

Listing Agent

Donna Bennington

EXP REALTY LLC Brokerage Phone: 888-883-8509 License #3204563 Listed on: 03/16/2025

EXP REALTY LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,372

Year Built

  • Built in 1986

Lot Details

  • East Facing Home
  • Mature Landscaping
  • Landscaped with Trees

HOA Fees

  • $605 Monthly HOA Fees

Parking

  • Common or Shared Parking

Property Views

  • Woods
  • Garden

Home Design

  • Villa
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 930 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Sliding Doors
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Inside Utility
  • Laundry Room
  • Ceramic Tile Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Shower Only
  • Window or Skylight in Bathroom

Accessible Home Design

  • Accessible Full Bathroom
  • Grip-Accessible Features
  • Accessible Bedroom
  • Accessible Hallway

Outdoor Features

  • Enclosed patio or porch
  • Exterior Lighting
  • Outdoor Storage

Utilities

  • Central Air
  • Heating Available
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, pool, insurance, maintenance structure, ground maintenance, pest control, private road, sewer, trash, water
  • Advanced Management, Inc Association, Phone Number (941) 359-1134
  • Royal Palm Villas Community
  • Royal Palm Villas Subdivision
  • The community has rules related to deed restrictions

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

$2,372

Year Built

Built in 1986

Lot Details

0

HOA Fees

$605 per month

Listing Details

  • HOA Fee Includes: Cable TV, Pool, Insurance, Maintenance Structure, Maintenance Grounds, Pest Control, Private Road, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Villa
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 930
  • New Construction: No
  • Year Built: 1986
  • Accessibility Features: Accessible Bedroom, Accessible Full Bath, Accessible Hallway(s), Accessible Central Living Area, Grip-Accessible Features
  • Building Area Total: 930
  • Directions to Property: University to S. On Royal Palm Ave., Turn into Royal Palm Villas (Unit is in the back of the development past the pool on the left)
  • Status: Active
  • Ownership: Condominium
  • Available for Lease YN: 1
  • Escrow City: SARASOTA
  • Escrow Postal Code: 34231
  • Escrow State: FL
  • Escrow Street Name: S Tamiam Trail, Unit C
  • Escrow Street Number: 7037
  • List Office Head Office Key Nume: 1041803
  • Minimum Lease: 1 Month
  • Number Of Pets: 2
  • RATIO Current Price By Calculate: 284.95
  • Total Acreage: Non-Applicable
  • Unit Number YN: 0
  • Water Access YN: 0
  • Property Description: End Unit,Walk-Up
  • Amenities Additional Fees: Roof is included in the monthly maintenance fee. BRAND NRW ROOF 2025.
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 888-883-8509
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Kitchen/Family Room Combo, Stone Counters
  • Appliances Included: Dishwasher, Disposal, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Yn: No
  • Stories: 1
  • Window Features: Skylight(s)
  • Street Number Modifier: 5378
  • Additional Rooms: Inside Utility
  • Living Area Meters: 86.40
  • Room Count: 9

Exterior Features

  • Direction Faces: East
  • Pool Features: Other
  • Exterior Features: Lighting, Sidewalk, Sliding Doors, Storage
  • Roof: Shingle
  • Pool Private: No
  • View: Garden, Trees/Woods
  • Waterfront: No
  • Patio and Porch Features: Covered, Enclosed, Rear Porch
  • Road Surface Type: Asphalt
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Common

Utilities

  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Laundry Closet
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions, Pool, Sidewalks
  • Association Amenities: Pool
  • Association Fee: 605
  • Association Fee Frequency: Monthly
  • Association Name: Advanced Management, Inc
  • Phone: 941-359-1134
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Pet Restrictions: 2 domestic pets allowed for Owner Occupants up to 35lbs (Dogs and Cats)
  • Association Fee Requirement: Required
  • Condo Fees: 0
  • Max Pet Weight: 35
  • Pet Size: Small (16-35 Lbs.)

Fee Information

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

Lot Info

  • Zoning: RMF2
  • Parcel Number: 2001011039
  • Additional Parcels: No
  • Lot Features: City Limits, Sidewalk, Paved
  • Flood Zone Code: X
  • Homestead YN: 1
  • Lot Size Square Meters: 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: ONLY 11 UNITS MAY BE RENTED AT ANY ONE TIME. contact AMI for any additional info on leasing. Currently maxed out for rentals.

Tax Info

  • Tax Annual Amount: 2372.23
  • Tax Book Number: 1751-2054
  • Tax Lot: 5378

Multi Family

  • Approval Process: application in attachments. Must apply with Advanced Management Directly

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $3,150 $181,000 -- $181,000
2023 $3,150 $195,700 $0 $195,700
2022 $1,583 $130,829 $0 $0
2021 $1,481 $98,100 $0 $98,100
2020 $1,311 $77,400 $0 $77,400
2019 $1,332 $89,000 $0 $89,000
2018 $1,260 $85,200 $0 $85,200
2017 $1,134 $49,610 $0 $0
2016 $1,036 $70,200 $0 $70,200
2015 $798 $41,000 $0 $41,000
2014 $834 $40,600 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2025 03/16/25 For Sale $265,000 +1.9% $285 / Sq Ft
09/09/2022 09/09/22 Sold $260,000 -1.7% $280 / Sq Ft
08/18/2022 08/18/22 Pending -- -- --
08/13/2022 08/13/22 Price Changed $264,500 -4.7% $284 / Sq Ft
08/09/2022 08/09/22 For Sale $277,500 +455.0% $298 / Sq Ft
10/22/2012 10/22/12 Sold $50,000 0.0% $54 / Sq Ft
08/11/2012 08/11/12 Pending -- -- --
08/09/2012 08/09/12 For Sale $50,000 -- $54 / Sq Ft
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $260,000 --
Warranty Deed $127,000 Sarasota Title Services Inc
Warranty Deed -- Choice Title Services
Warranty Deed $187,500 Attorney
Warranty Deed $118,500 --
Quit Claim Deed $42,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $200,000 New Conventional
Closed $208,000 Balloon
Previous Owner $120,650 New Conventional
Previous Owner $4,800 Stand Alone Second
Previous Owner $181,800 Fannie Mae Freddie Mac
Previous Owner $4,800 Stand Alone Second
Previous Owner $118,450 Credit Line Revolving
Source: Public Records

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Source: Stellar MLS

MLS Number: A4644802

Stellar MLS

APN: 2001-01-1039