5500 Longwood Run Boulevard Unit 203, Sarasota, FL 34243

$150,000
2
BD
2
BA
954
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Sold Price
$150,000
List Price
$175,000
Status
Sold
Days on Market
267
Closing Date
Apr 02, 2026
MLS#
A4655287
Property Style
Condo
Year Built
1994
Bedrooms
2
Bathrooms
2
Living Area
954
Price per sq. ft.
183.44
Lot Size
59,996
Acres
1.38
Building Name
5500
Monthly Condo Fee
434
Legal Subdivision Name
Magnolia Place
Complex/Comm Name
Magnolia Place
Community Name
Magnolia Place
MLS Area Major
Sarasota

Property Description

MOTIVATED SELLER-BRING OFFERS. Spacious 2BR/2BA Condo Near UTC – Low Fees, Park-like Setting! No age restrictions & pet friendly. Discover the best blend of security, serenity, space and value in this rightsized 2-bedroom, 2-bathroom condo. If you’re looking for a home that prioritizes efficiency and location over expensive amenities, look no further. You will enjoy a lovely, park-like view from your private balcony. It’s the perfect spot to start and end your day. There are wide and solid steps with handrails on both sides to walk up one level to this secure 2nd floor unit. Once inside, one level living makes everything easier. Running an errand? No problem! Your parking spot, just steps away from your door, is always reserved just for you. With an in-unit washer and dryer, that’s one errand you won’t be running! The Best Value in Sarasota: Skip the high maintenance costs of pools and gyms you don’t use. You just found the perfect 2/2 that won’t break the bank with monthly fees. This impeccably maintained community offers an unbeatably low Condo Fee of $434/Mo + HOA fee of $519 (2x/yr) for an average of $520.50/Mo that cover your water/sewer, cable TV, interior/exterior pest control, exterior power washing/maintenance, irrigation/landscaping maintenance, as well as common area taxes, insurance and expenses. All you need to turn on is the internet ($40 avg./mo) and electricity ($50 avg/mo). Condo Insurance is around $1,200/yr. Unbeatable Location: Just minutes from University Town Center (UTC) for world-class dining, shopping and entertainment as well as Longwood Run Park for walking trails, playgrounds, picnic areas, sports courts (tennis, basketball, & pickleball) plus indoor spaces and a community center. Enjoy a short drive to your choice of Sarasota's award-winning white-sand beaches. If you are a frequent traveler, this ‘lock & leave’ property will be here when you return! You have easy access to (5) five international/regional airports within (90) ninety minutes of your new home (SRQ, PIE, TPA, RSW & PGD) along with (4) four aviation/local airports (VNC, SPG, CLW, TPF). If cruising is more your speed, you are approximately an hour away from the Tampa Cruise Terminal and can access other cruise terminals across the state in under 4 hours. Simple, affordable living in a nice area with a peaceful setting. Perfect location for full-time residents, snowbirds, or investors. The Seller will consider a credit at closing for buying down a mortgage rate, closing costs, condo fees, home warranty or other allowable items. Let's work together to make this work for everyone.

Additional Information

Taxes
$2087
Minimum Lease Period
1 Month
Max Times per Year
3
Maintenance Includes
Cable TV, Common Area Taxes, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Management, Pest Control, Private Road, Sewer, Trash, Water
Condo Fees
$434
Condo Fees Term
Monthly
Community Features
Buyer Approval Required, Community Mailbox, Deed Restrictions, No Truck/RV/Motorcycle Parking
Property Description
One Story
Zoning
RSF1
Interior Features
Ceiling Fans(s), High Ceilings, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Split Bedroom, Walk-In Closet(s), Window Treatments
Floor
Luxury Vinyl, Tile
Appliances
Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
Utilities
Cable Connected, Electricity Connected, Public, Sewer Connected, Underground Utilities, Water Connected
Heating
Central, Electric
Air Conditioning
Central Air
Exterior Construction
Block, Stucco
Exterior Features
Private Mailbox, Rain Gutters, Sliding Doors
Roof
Shingle
Foundation
Slab
Pool
No Pool
Elementary School
Emma E. Booker Elementary
Middle School
Booker Middle
High School
Booker High
Pets
Allowed
Max Pet Weight
40
Pet Size
Medium (36-60 Lbs.)
Floor Number
2
Flood Zone Code
X
Parcel ID
0018161015
Legal Description
UNIT 203 BLDG 5500 MAGNOLIA PLACE

Listing courtesy of KW COASTAL LIVING III. 941-900-4151

Selling Office: KW COASTAL LIVING III.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

StellarMLS is the source of this information via Internet Data Exchange Program. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale. Availability of any listing should always be independently verified. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may violate relevant federal and state law. Data last updated on