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$250,000

5366 ROYAL PALM AVENUE UNIT 5366, SARASOTA, FL 34234

Active168 days on market

Beds

2

Baths

2

Sq Ft

930 sq ft

Year Built

1986

Lot Size

4.50 acres

Garage

—

About This Property

This beautiful 2 bed, 2 bath corner villa is located just 10 minutes driving from the notorious Lido Key beach, and downtown Sarasota. The location is very valuable - walking distance from Ringling Museum, Asolo Theater, the airport, yet very secluded and private. This condo contains fresh, modern kitchen utilities, a new fireplace, an up-kept garden, and newly refurbished lanai/outdoor lounge. The monthly HOA fee includes lawn care, full exterior maintenance, cable TV, pool care, water, sewer, and trash.

Property Overview

Property TypeResidential
Sub TypeCondominium
MLS #O6401221
StatusActive
Year Built1986
Stories1
Total Rooms4
ConstructionStucco
RoofShingle
FoundationSlab
FacesWest
SubdivisionROYAL PALM VILLAS
CountySarasota
OwnershipCondominium

Interior Features

InteriorCeiling Fan(s), Open Floorplan, Primary Bedroom Main Floor, Stone Counters, Thermostat
FlooringTile
AppliancesDishwasher, Disposal, Range
LaundryIn Kitchen, Laundry Closet
CoolingCentral Air
HeatingCentral, Electric
FireplaceYes ()

Exterior & Lot

ExteriorNone
Lot Size4.50 acres (195,904 sq ft)
Road SurfaceAsphalt
0

Utilities

WaterPublic
SewerPublic Sewer
UtilitiesBB/HS Internet Available, Cable Connected, Electricity Connected, Sewer Connected, Water Connected

Parking

GarageNo

HOA & Community

HOAYes
HOA Fee$630 / Monthly
Senior CommunityNo

Financial Details

List Price$250,000
Original Price$290,000
Annual Taxes$2,363 (2025)
FinancingCash, Conventional
ZoningRMF2
Parcel #2001011033

Directions

I-75, exit 213 West, drive down University Pkwy, make a U-Turn at Rick Piccolo Circle, R onto Royal Palm Ave

Location

5366 ROYAL PALM AVENUE UNIT 5366, SARASOTA, FL 34234

Listing Information

OfficeCHEVON EATON
ListedApril 21, 2026

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Home Price

$250,000

20% ($50,000)
6.75%

Loan Term

Principal & Interest$1,297
Property Tax (est.)$229
Insurance (est.)$150
Total Monthly$1,676
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How to Buy This Home

Multiple financing options available for this $250,000 home in SARASOTA.

🏦

Conventional

$12,500 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

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: April 23, 2026.

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