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$149,900

5214 RILMA AVENUE, SARASOTA, FL 34234

3D Tour
Active1 days on market

Beds

2

Baths

1

Sq Ft

913 sq ft

Year Built

1959

Lot Size

0.16 acres

Garage

0

About This Property

!!!! INVESTOR SPECIAL !!!! Bring your vision to this prime Sarasota property located in the highly sought after Desoto Lakes community. This home requires a complete renovation and offers the potential for a full transformation or possible tear-down and rebuild to create your dream custom home. Ideally located just minutes from shopping, dining, entertainment, and Sarasota’s world renowned beaches, including Siesta Key and Lido Key, plus St. Armand's Circle. A true blank canvas in an exceptional location, renovate, rebuild, and make it your own!

Property Overview

Property TypeResidential
Sub TypeSingle Family Residence
MLS #O6448253
StatusActive
Year Built1959
Stories1
Total Rooms5
ConstructionVinyl Siding
RoofShingle
FoundationSlab
FacesWest
SubdivisionARMSTRONG ACRES
CountySarasota
OwnershipFee Simple

Interior Features

InteriorNinguno
FlooringCarpet
AppliancesNone
LaundryElectric Dryer Hookup, Washer Hookup
CoolingWall/Window Unit(s)
HeatingWall Units / Window Unit

Exterior & Lot

ExteriorOther
Lot Size0.16 acres (7,120 sq ft)
Lot Dimensions50 x 120
Road SurfaceConcrete

Pool & Spa

Private PoolYes
Pool FeaturesIn Ground

Utilities

WaterNone
SewerPublic Sewer
UtilitiesPublic

Parking

GarageNo

HOA & Community

HOANo
Senior CommunityNo

Financial Details

List Price$149,900
Annual Taxes$2,372 (2025)
FinancingCash, Other
ZoningRSF3
Parcel #2001080033

Directions

Head (west) onto University Parkway. • Turn left onto Old Bradenton Road. • Turn right onto N Tamiami Trail (US-41 S). • Turn left onto Rilma Avenue. The destination, 5214 Rilma Ave, will be on your left.

Location

5214 RILMA AVENUE, SARASOTA, FL 34234

Listing Information

OfficeWIN-WIN REAL ESTATE SERVICES LLC
ListedOctober 7, 2026

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Home Price

$149,900

20% ($29,980)
6.75%

Loan Term

Principal & Interest$778
Property Tax (est.)$137
Insurance (est.)$150
Total Monthly$1,065
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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: October 8, 2026.

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