NOT LISTED FOR SALE

5619 Palm Aire Dr Unit V-104 Sarasota, FL 34243

Estimated Value: $339,274

2 Beds
2 Baths
1,798 Sq Ft
$386/mo HOA Fee

Last Sold November 15, 2023

Last sale price $415,000 $231 Per Sq Ft

Est. 18% decrease in value since last sale

Current estimated payment $2,593/month

325 Days on Market

Highlights

  • 48 Feet of Fresh Water Canal Waterfront
  • In Ground Pool
  • Sun or Florida Room
  • On Golf Course
  • Traditional Architecture
  • End Unit

About This Home

As of November 2023

Welcome Home to Sarasota’s legendary golf, tennis and leisure community, Palm Aire. As you drive through this tropical picturesque neighborhood, imagine luxury living offered at an affordable price. This two bedroom plus a den, two bathroom two car garage villa features water and golf course views. All major expenses have been taken care of from a newer HVAC unit and a newer water heater to the roof that was replaced in 2015 providing peace of mind. As you enter this updated home, admire the desirable open floor plan accented by neutral laminate wood flooring tying the spaces together. Make your way to the heart of the home, the kitchen, where you are sure to be impressed while you take a seat at the breakfast bar. Granite countertops stand out against the upgraded Whirlpool stainless steel appliances and the white wood cabinetry with features such as soft close doors. The primary bedroom is the perfect size that has custom closet built-ins along with an en-suite bathroom. The en-suite bathroom has been beautifully updated as well with dual sinks inset in a granite countertop and a stand up shower with glass enclosure. The second bedroom is also well-sized with the second updated bathroom closeby for added convenience. There is also an indoor utility room that comes complete with a Whirlpool Cabrio washer and dryer with white wood cabinets above. Make your way to the Florida room to bask in endless sunshine pouring in through the wall of glass sliding doors. The endless golf course/water views provide serenity after a long day. Membership to the Palm Aire Country Club is not mandatory to join, however, the club does offer two 18 hole championship golf courses, 2 community pools, 8 tennis courts, Pickleball, Fitness Center, and a booming social calendar. If you enjoy modern conveniences and like to shop, play and dine near the booming UTC square, this is the home for you. Palm Aire is just minutes from the University Towne Center (UTC) mall, Nathan Benderson Park, numerous restaurants, shopping, Sarasota Bradenton Airport, Downtown Sarasota, Lakewood Ranch Area, and I-75. This location is centrally located to the area's top rated beaches, with just a short drive north to Anna Maria Island or south to Siesta Key. Make this your new home, vacation/winter home or perfect as an investment property. Schedule your showing today, and don’t let THE ONE get away!

Last Agent to Sell the Property

Emily Williams

KW COASTAL LIVING III Brokerage Phone: 407.279.0038 License #3296001 Listed on: 11/10/2022

KW COASTAL LIVING III

Last Buyer's Agent

Stellar Non-Member Agent

Stellar Non-Member Office

Stellar Non-Member Office

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,638

Year Built

  • Built in 1976

Lot Details

  • 48 Feet of Fresh Water Canal Waterfront
  • On Golf Course
  • End Unit
  • South Facing Home
  • Mature Landscaping
  • Irrigation

HOA Fees

  • $386 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Rear-Facing Garage
  • Garage Door Opener
  • Driveway

Property Views

  • Golf Course
  • Canal

Home Design

  • Traditional Architecture
  • Villa
  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,798 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Den
  • Sun or Florida Room
  • Inside Utility

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Access to Freshwater Canal
  • Enclosed Patio or Porch

Schools

  • Kinnan Elementary School
  • Braden River Middle School
  • Braden River High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include pool, insurance, maintenance structure, ground maintenance
  • Advance Management ,Inc Association, Phone Number (941) 359-1134
  • Palm Aire Community
  • Palm Aire At Sarasota 7A Subdivision
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions, allowable golf cart usage in the community

Recreation

  • Community Pool

Pet Policy

  • Pets up to 20 lbs
  • Pet Size Limit
  • 1 Pet Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,638

Year Built

Built in 1976

Lot Details

0

HOA Fees

$386 per month

Parking

2

Listing Details

  • HOA Fee Includes: Pool, Insurance, Maintenance Structure, Maintenance Grounds
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Villa
  • Architectural Style: Traditional
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1798
  • New Construction: No
  • Year Built: 1976
  • Building Area Total: 2610
  • Directions to Property: Take University Pkwy to North on Whitfield. Turn left onto Palm-Aire Dr. Property is on the right.
  • Status: Sold
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 198057009
  • Minimum Lease: 1 Month
  • Number Of Pets: 1
  • RATIO Current Price By Calculate: 230.81
  • Total Acreage: Non-Applicable
  • Unit Number YN: 0
  • Water Access YN: 1
  • Condo Fees Term: Quarterly
  • Property Description: End Unit
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Laminate, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Built-in Features, Ceiling Fans(s), Solid Wood Cabinets, Stone Counters, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer, Wine Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1
  • Window Features: Blinds
  • Street Number Modifier: 5619
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Den/Library/Office,Florida Room,Inside Utility
  • Living Area Meters: 167.04
  • Room Count: 7

Exterior Features

  • Direction Faces: South
  • Pool Features: In Ground
  • Exterior Features: Irrigation System, Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • View: Golf Course, Water
  • Waterfront: Yes
  • Patio and Porch Features: Enclosed
  • Road Surface Type: Asphalt
  • Disclosures: Condominium Disclosure Available, Lead Paint, Seller Property Disclosure
  • Water Access: Canal - Freshwater
  • Water Extras YN: 0
  • Water View: Canal
  • Water View YN: 1
  • Waterfront Feet Total: 48
  • Water Frontage Feet Canal Fresh: 48

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener, Garage Faces Rear

Utilities

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

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Buyer Approval Required, Deed Restrictions, Golf Carts OK, Pool
  • Association Amenities: Pool
  • Association Name: Advance Management ,Inc
  • Phone: 941-359-1134 ext
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Pet Restrictions: One small dog or cat. Please see condo docs and Rules & Regulations for additional information.
  • Association Fee Requirement: None
  • Condo Fees: 1157
  • Condo Land Included YN: 0
  • Max Pet Weight: 20
  • Monthly Condo Fee Amount: 386
  • Pet Size: Small (16-35 Lbs.)

Fee Information

  • Total Annual Fees: 4628.00
  • Total Monthly Fees: 385.67

Schools

  • Elementary School: Kinnan Elementary
  • High School: Braden River High
  • Middle Or Junior School: Braden River Middle

Lot Info

  • Zoning: PDR/WPE/
  • Parcel Number: 1956205205
  • Additional Parcels: No
  • Lot Features: In County, On Golf Course, Paved
  • Flood Zone Code: X
  • Homestead YN: 0
  • Lot Size Square Meters: 0

Green Features

  • Green Verification Count: 0

Rental Info

  • Pets Allowed: Number Limit, Size Limit, Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Please see condo docs and Rules & Regulations

Tax Info

  • Tax Annual Amount: 1638.25
  • Tax Lot: V104

Multi Family

  • Waterfront Features: Canal - Freshwater
  • Approval Process: Application plus $100 fee.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2022
Closed on
Oct 25, 2023
Sold by
Ambos Family Trust
Bought by
Tanner Julie
Seller's Agent
Emily Williams
KW COASTAL LIVING III
Buyer's Agent
Stellar Non-Member Agent
Stellar Non-Member Office
List Price
$410,000
Sold Price
$415,000
Premium/Discount to List
$5,000
1.22%
Views
153
Current Estimated Value
$339,274

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$75,726
Avg. Annual Appreciation
-9.96%
Original Mortgage
$120,000
Outstanding Balance
$117,800
Interest Rate
7.49%
Mortgage Type
New Conventional
Estimated Equity
$221,474

Purchase Details

Listed on
Oct 26, 2020
Closed on
Feb 4, 2021
Sold by
Faist Julia A and Grooms Laverne
Bought by
Ambos James and Ambos Cinda
Seller's Agent
Nancy Eilerson
RE/MAX ALLIANCE GROUP
Buyer's Agent
Toni Zarghami
KW COASTAL LIVING III
List Price
$289,900
Sold Price
$285,000
Premium/Discount to List
-$4,900
-1.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.47%

Purchase Details

Listed on
Aug 10, 2019
Closed on
Dec 17, 2019
Sold by
Federal National Mortgage Association
Bought by
Faist Julia A and Grooms Laverne
Seller's Agent
Cari Ralph
CARMEL PROPERTIES
Buyer's Agent
Nancy Eilerson
RE/MAX ALLIANCE GROUP
List Price
$211,000
Sold Price
$190,000
Premium/Discount to List
-$21,000
-9.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
42.71%

Purchase Details

Closed on
Jun 18, 2019
Sold by
Baker Norman L and Baker Glenna I
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 14, 2006
Sold by
Leffert Louise and Keffert Bert J
Bought by
Baker Norman L and Baker Glenna L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,500
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Tanner Julie $415,000 Stewart Title Company
Ambos James $285,000 Attorney
Faist Julia A $190,000 Attorney
Federal National Mortgage Association -- Servicelink
Baker Norman L $255,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tanner Julie $120,000
Previous Owner Baker Norman L $229,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/15/2023 11/15/23 Sold $415,000 +1.2% $231 / Sq Ft
10/06/2023 10/06/23 For Sale $410,000 -1.2% $228 / Sq Ft
10/02/2023 10/02/23 Pending -- -- --
08/17/2023 08/17/23 Off Market $415,000 -- --
06/05/2023 06/05/23 Price Changed $410,000 -1.2% $228 / Sq Ft
05/17/2023 05/17/23 Price Changed $415,000 -2.4% $231 / Sq Ft
03/28/2023 03/28/23 For Sale $425,000 0.0% $236 / Sq Ft
02/26/2023 02/26/23 Pending -- -- --
02/18/2023 02/18/23 For Sale $425,000 0.0% $236 / Sq Ft
02/08/2023 02/08/23 Pending -- -- --
02/02/2023 02/02/23 For Sale $425,000 0.0% $236 / Sq Ft
01/24/2023 01/24/23 Pending -- -- --
01/16/2023 01/16/23 Price Changed $425,000 -1.2% $236 / Sq Ft
11/10/2022 11/10/22 For Sale $430,000 +50.9% $239 / Sq Ft
02/04/2021 02/04/21 Sold $285,000 -1.7% $159 / Sq Ft View Prior Sale
01/20/2021 01/20/21 Pending -- -- --
11/11/2020 11/11/20 For Sale $289,900 0.0% $161 / Sq Ft
11/06/2020 11/06/20 Pending -- -- --
10/26/2020 10/26/20 For Sale $289,900 +52.6% $161 / Sq Ft
12/17/2019 12/17/19 Sold $190,000 0.0% $106 / Sq Ft View Prior Sale
12/02/2019 12/02/19 Pending -- -- --
11/14/2019 11/14/19 Price Changed $190,000 -5.2% $106 / Sq Ft
10/09/2019 10/09/19 Price Changed $200,450 -5.0% $111 / Sq Ft
08/09/2019 08/09/19 For Sale $211,000 -- $117 / 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
2025 $4,891 $293,250 -- $293,250
2024 $4,891 $352,750 -- $352,750
2023 $4,904 $327,250 $0 $327,250
2022 $4,306 $267,750 $0 $267,750
2021 $3,381 $210,000 $0 $210,000
2020 $3,536 $210,000 $0 $210,000
2019 $1,707 $133,748 $0 $0
2018 $1,679 $131,254 $0 $0
2017 $1,551 $128,554 $0 $0
2016 $1,537 $125,910 $0 $0
2015 $1,542 $125,035 $0 $0
2014 $1,542 $124,043 $0 $0
2013 $1,517 $122,210 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4551147

Stellar MLS

APN: 19562-0520-5