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$249,500

5513 PALM AIRE DRIVE, SARASOTA, FL 34243

3D Tour
Active8 days on market

Beds

2

Baths

2

Sq Ft

1,369 sq ft

Year Built

1977

Lot Size

—

Garage

1

About This Property

Virtually Staged. A rare find in the sought-after University Corridor. Conveniently located in the Palm Aire Community, this 2 bedroom, 2 bath villa is in move-in condition. Both baths have been recently updated with new vanities, sinks, commodes, lighting, etc. The enclosed lanai is heated and air conditioned to increase your living space. Lovely rear golf and pond views. The community pool is just down the street. Ground maintenance, exterior and roof included in your association fees. Membership in Palm Aire Country Club is optional and offers golf, dining, and more. Close to University Town Center Mall (UTC), with it's endless shopping and many restaurants. A short drive to downtown Sarasota's theaters, restaurants and shopping. From there, just over the Ringling Bridge is the world renown St Armands Circle as well as Lido Beach. Home is being sold in "as is" condition.

Property Overview

Property TypeResidential
Sub TypeVilla
MLS #A4706317
StatusActive
Year Built1977
Stories1
Total Rooms7
ConstructionBlock
RoofShingle
FoundationSlab
FacesSouth
SubdivisionPALM-AIRE AT SARASOTA 7-C
CountyManatee
OwnershipCondominium

Interior Features

InteriorCeiling Fan(s), L Dining, Living Room/Dining Room Combo, Primary Bedroom Main Floor, Split Bedroom, Thermostat, Walk-In Closet(s), Window Treatments
FlooringCarpet, Ceramic Tile, Laminate, Linoleum
AppliancesDryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
LaundryInside, Laundry Room
WindowsWindow Treatments
CoolingCentral Air
HeatingCentral, Electric

Exterior & Lot

ExteriorNone
Road SurfaceAsphalt
0

Utilities

WaterPublic
SewerPublic Sewer
UtilitiesPublic

Parking

GarageYes (1 spaces)

HOA & Community

HOAYes
Senior CommunityNo

Financial Details

List Price$249,500
Annual Taxes$1,466 (2025)
FinancingCash, Conventional
ZoningPDR/WPE/
Parcel #1956207102

Directions

University Parkway to Palm Aire entrance (Whitfield Rd), from there, make left on Palm Aire Drive to # 5513 on right.

Location

5513 PALM AIRE DRIVE, SARASOTA, FL 34243

Listing Information

OfficeMICHAEL SAUNDERS & COMPANY
ListedSeptember 28, 2026

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Home Price

$249,500

20% ($49,900)
6.75%

Loan Term

Principal & Interest$1,295
Property Tax (est.)$229
Insurance (est.)$150
Total Monthly$1,673
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How to Buy This Home

Multiple financing options available for this $249,500 home in SARASOTA.

🏦

Conventional

$12,475 Down

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

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

Manatee County SHIP

Varies

Income-qualifying Manatee 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: September 29, 2026.

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