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$329,999

4533 CINNAMON DRIVE UNIT 2707, SARASOTA, FL 34238

3D Tour
Active222 days on market

Beds

2

Baths

2

Sq Ft

1,638 sq ft

Year Built

2004

Lot Size

7.31 acres

Garage

1

About This Property

Welcome to beautiful Palmer Ranch and the highly sought-after Arielle community! This spacious 2-bedroom, 2-bath condo offers the perfect blend of comfort, convenience, and resort-style living — all on one floor with no stairs. The bright, open-concept floor plan features tile flooring throughout the main living areas and carpeted bedrooms and den, abundant natural light, and a well-appointed kitchen with a brand-new dishwasher (2025). Recent upgrades include a brand-new A/C system installed in March 2025, providing peace of mind and energy efficiency. Both kitchen and dining room have tray ceilings. Step out onto your private screened lanai overlooking the community center and heated pool, offering a premium location just steps from the pool, spa, and grilling areas — perfect for relaxing mornings and peaceful evenings. Enjoy lush tropical landscaping, scenic walking trails, views of the pond, and resort-style amenities. Ideally located near the Legacy Trail, UTC, Costco, YMCA, Siesta Key beaches, shopping, dining, and I-75. No CDD and not in a flood zone. Schedule your private showing today!

Property Overview

Property TypeResidential
Sub TypeCondominium
MLS #A4683875
StatusActive
Year Built2004
Stories1
Total Rooms8
ConstructionStucco
RoofConcrete, Tile
FoundationSlab
FacesNorth
SubdivisionARIELLE ON PALMER RANCH SEC 1
CountySarasota
OwnershipCondominium
FurnishedNegotiable

Interior Features

InteriorBuilt-in Features, Ceiling Fan(s), Eating Space In Kitchen, Kitchen/Family Room Combo, Open Floorplan, Primary Bedroom Main Floor, Split Bedroom, Tray Ceiling(s)
FlooringCarpet, Tile
AppliancesDishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
LaundryInside, Laundry Room
CoolingCentral Air
HeatingElectric

Exterior & Lot

ExteriorHurricane Shutters, Sliding Doors
Lot Size7.31 acres (318,490 sq ft)
Lot FeaturesLandscaped, Level
Road SurfacePaved
ViewPool, Water

Pool & Spa

Private PoolNo
Pool FeaturesIn Ground
SpaHeated

Utilities

WaterPublic
SewerPublic Sewer
UtilitiesCable Available, Electricity Connected, Public, Sewer Connected, Street Lights, Underground Utilities, Water Available, Water Connected

Parking

GarageYes (1 spaces)

HOA & Community

HOAYes
Senior CommunityNo

Financial Details

List Price$329,999
Original Price$389,000
Annual Taxes$2,681 (2025)
ZoningRMF1
Parcel #0115043607

Schools

ElementaryGulf Gate Elementary
MiddleSarasota Middle
HighRiverview High

Directions

McIntosh to Prosperity Cir, go through the gate and take your first left at stop sign, go 1 block and take next left, unit is 2nd one on left.

Location

4533 CINNAMON DRIVE UNIT 2707, SARASOTA, FL 34238

Listing Information

OfficePREFERRED SHORE LLC
ListedFebruary 26, 2026

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Preferred Time

Scheduling is free, and you can cancel anytime.

Home Price

$329,999

20% ($66,000)
6.75%

Loan Term

Principal & Interest$1,712
Property Tax (est.)$302
Insurance (est.)$150
Total Monthly$2,165
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Nearby Schools

How to Buy This Home

Multiple financing options available for this $329,999 home in SARASOTA.

🏛️

FHA Loan

$11,550 Down

Government-backed, low down payment. Credit scores as low as 580.

🎖️

VA Loan

$0 Down

Zero down for eligible veterans, active duty, and military families.

🏦

Conventional

$16,500 Down

Traditional financing. As low as 3-5% down with good credit.

🌾

USDA Loan

$0 Down

Zero down for eligible rural areas. Income limits apply.

Florida Down Payment Assistance Programs

You may qualify for up to $35,000 in assistance to cover your down payment and closing costs.

Florida Hometown Heroes

Up to $35,000

First-time buyers working in FL

FL Assist

Up to $10,000

FHA, VA, or USDA borrowers

FL HLP Second Mortgage

Up to $10,000

First-time buyers, 0% deferred

Sarasota County SHIP

Varies

Income-qualifying Sarasota residents

Can You Afford This Home?

Quick check based on the 28% debt-to-income rule. Not a guarantee — just a starting point.

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Listing information is deemed reliable but not guaranteed. All measurements and data should be independently verified. This information is provided by the Stellar MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: August 25, 2026.

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