$425,000
5337 Colewood Place
Sarasota, FL 34232
Listing updated: March 13, 2026 at 8:40 AM ET
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
MOTIVATED SELLER! Spacious 3BR/2BA Home + In-Law Suite | RV/Boat Parking | Prime Location Well-maintained 3-bedroom, 2-bathroom home with flexible 4th bedroom/studio apartment featuring a private entrance, full bath, walk-in closet, kitchenette, and mini-split A/C—ideal for multigenerational living or rental income. Interior features include a galley-style kitchen with granite countertops, a spacious front living and dining area, and an oversized family room at the rear of the home—perfect for entertaining. The primary suite offers ample space for a king bed, double closets, and an en-suite bath with walk-in shower. Ample paved side parking allows room for RVs, boats, or trailers. Major updates include: Roof (2016) HVAC systems (2019 & 2023) Located in Ridgewood Estates, just minutes from I-75, shopping, dining, and medical facilities. Convenient, flexible, and move-in ready—this home offers endless possibilities. Schedule your showing today!
Local Insight
At $180/sqft for a 1972 four-bedroom in Ridgewood, you're getting decent value compared to newer Sarasota inventory, but that AE flood zone is a serious consideration—you'll need flood insurance and should verify elevation certificates and any past claims before committing. The no-HOA setup and 2,362 sqft on a modest quarter-acre lot make this appeal to buyers wanting flexibility, though the age means you should budget for potential HVAC and roof updates beyond what the listing discloses.
AI-generated insight based on listing data and neighborhood context. Verify independently.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history182 days on market
- Status: ActiveSep 12, 2025
- Listed$550,000Sep 12, 2025
- Price reduced$425,000
Virtual Tour
Facts & features
- Property type
- Residential
- Sub type
- Single Family Residence
- Status
- Active
- Days on market
- 182
- Subdivision
- Ridgewood Estates 14th Add
- County
- Sarasota
- Year built
- 1972
- Living area
- 2,362 sq ft
- Price/sq ft
- $180
- Building area
- 3,640 sq ft (Public Records)
- Lot size
- 9,094 sq ft
- Lot category
- 0 to less than 1/4
- Flood zone
- AE* (12115C0162G)
- Annual taxes
- $2,265 (2024)
- Parcel #
- 0065040069
- Zoning
- RSF3
- MLS #
- A4664958
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Interior Details
- Bedrooms
- 4
- Full bathrooms
- 3
- Flooring
- Ceramic Tile, Epoxy
- Appliances
- Dishwasher, Dryer, Microwave, Range, Washer
- Interior features
- Ceiling Fans(s), Kitchen/Family Room Combo, Stone Counters, Thermostat
- Laundry
- Inside
- Stories / Levels
- One
- Direction faces
- South
Heating & Cooling
- Heating
- Central
- Cooling
- Central Air
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- CDD
- No
- Homestead exemption
- Yes
- Min lease term
- 1 Month
- Listing terms
- Cash, Conventional, FHA, VA Loan
- Ownership
- Fee Simple
- Available for lease
- Yes
- Lease restrictions
- Yes
- Additional lease restrictions
- Please see Sarasota County Zoning for any leasing restrictions.
Exterior & Construction
- Exterior features
- Rain Gutters
- Construction materials
- Block
- Roof
- Membrane, Shingle
- Foundation
- Slab
- Road surface
- Asphalt
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Electricity Connected, Sewer Connected, Water Connected
Room Details
| Room | Level | Dimensions |
|---|---|---|
| Living Room | First | |
| Kitchen | First | |
| Dining Room | First | |
| Primary Bedroom | First | |
| Primary Bathroom | First | |
| Bathroom 2 | First | |
| Bedroom 2 | First | |
| Bedroom 3 | First | |
| Family Room | First | |
| Studio | First | |
| Bathroom 3 | First |
Listing Details
- Listing date
- 2025-09-12
- On market date
- 2025-09-12
- Original list price
- $550,000
- Occupant type
- Owner
- MLS area
- 34232 - Sarasota/Fruitville
- Listing AOR
- Sarasota - Manatee
- Status changed
- 2025-09-12
- Tax legal description
- LOT 679 RIDGEWOOD ESTATES 14TH ADD
Flood risk
FEMA Special Flood Hazard Area (1% annual-chance / “100-year” floodplain). Flood insurance is generally required by mortgage lenders.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
Bee Ridge Road (West of Cattlemen Road) to North on Woodmont Drive to West on Colewood Place
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Listings courtesy of Stellar MLS as distributed by MLS GRID
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.
Based on information submitted to the MLS GRID as of March 13, 2026 at 8:40 AM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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