
5378 Royal Palm Ave Unit 5378 Sarasota, FL 34234
Bayou Oaks NeighborhoodEstimated payment $2,254/month
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
EXP REALTY LLC Brokerage Phone: 888-883-8509 License #3204563 Listed on: 03/16/2025

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
- Visit Down Payment Resource Website
- Tax Lot 5378
- Assessor Parcel Number 2001011039
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
Map
Home Values in the Area
Average Home Value in this Area
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 |
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 |
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 | -- |
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 |
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Source: Stellar MLS
MLS Number: A4644802

APN: 2001-01-1039
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