$299,900
5524 Palm Aire Drive
Sarasota, FL 34243
Property type
Year built
Price / sq ft
HOA dues
Days on market
Garage space
Flood zone
About this home
3.99% assumable mortgage available for qualified buyers — a rare opportunity in today’s 6%+ interest rate market offering the potential for substantial monthly savings and increased purchasing power. Fully furnished and move-in ready, this 3-bedroom, 2-bath villa offers 1,630 SqFt of comfortable, maintenance-free living in a prime Sarasota location, making it an excellent option for full-time living, seasonal use, or long-term rental potential. Designed for easy everyday living, the home features a bright and versatile Florida Room that adds flexible space for relaxing, entertaining, or working from home. The thoughtful layout provides both openness and privacy while offering the low-maintenance Florida lifestyle many buyers seek. Major system updates provide peace of mind, including a whole-home water filtration system (2016), hurricane shutters on all openings, and an accordion shutter for the sliders offering added storm protection and potential insurance savings. The kitchen was refreshed with new appliances (2020), complemented by updated light fixtures and new tile flooring in the owner’s suite. The garage becomes a true extension of the home with an epoxy garage floor (2022), creating a clean, finished space alongside the dedicated laundry area featuring a new washer and dryer (2022). Enjoy maintenance-free living with an HOA that covers exterior maintenance (repairs and grounds) and pest control. The community pool is just a short distance away, and Palm Aire Country Club is minutes from your door, offering optional golf, pickleball, dining, and social memberships.Outdoor recreation and everyday convenience are close by, with Conservatory Park and Nathan Benderson Park nearby. You’re also approximately 10 minutes from Sarasota-Bradenton International Airport and The Mall at University Town Center, offering endless dining, shopping, and easy access to Sarasota’s world-famous Gulf beaches. A move-in ready villa combining comfort, thoughtful updates, financial flexibility, and an outstanding location — designed for easy Florida living from day one.
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 history100 days on market
- Status: ActiveFeb 20, 2026
- Listed$325,000Feb 20, 2026
- Price reduced$299,900
Virtual Tour
Facts & features
- Property type
- Residential
- Sub type
- Villa
- Status
- Active
- Days on market
- 100
- Subdivision
- Palm-Aire At Sarasota 7-B
- County
- Manatee
- Year built
- 1977
- Living area
- 1,630 sq ft
- Price/sq ft
- $184
- Building area
- 2,194 sq ft (Public Records)
- Lot size
- 0 sq ft
- Lot category
- Non-Applicable
- Flood zone
- X (12081C0338F)
- Garage
- 1 spaces
- Annual taxes
- $4,409 (2024)
- Parcel #
- 1956205908
- Zoning
- PDR/WPE/
- MLS #
- A4681925
Interior Details
- Bedrooms
- 3
- Full bathrooms
- 2
- Flooring
- Other
- Appliances
- Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
- Interior features
- Other
- Laundry
- In Garage
- Stories / Levels
- One
- Direction faces
- North
Heating & Cooling
- Heating
- Central, Electric
- Cooling
- Central Air
Parking
- Garage spaces
- 1
- Attached garage
- No
HOA & Financial
- Total monthly fees
- $600/mo
- Total annual fees
- $7,204
- HOA name
- Advance Management / Lynn Mahoney
- CDD
- No
- Min lease term
- 1 Month
- Listing terms
- Cash, Conventional, FHA, VA Loan
- Ownership
- Condominium
- Available for lease
- Yes
- Lease restrictions
- Yes
- Additional lease restrictions
- All community information must be verified by the buyer.
- Approval process
- Application is required. All community information must be verified by the buyer.
Exterior & Construction
- Exterior features
- Other
- Construction materials
- Block, Stucco
- Roof
- Shingle
- Foundation
- Slab
- Water view
- Yes
- Road surface
- Asphalt
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Electricity Connected, Water Connected
Community
- Pets allowed
- Cats OK, Dogs OK, Number Limit
Schools
Letter grades: Florida DOE 2024–25 school grades (Orange, Seminole, Lake, Osceola, Brevard). Assigned schools from the listing agent — verify enrollment with the district.
Room Details
| Room | Level | Dimensions |
|---|---|---|
| Kitchen | First | 12x14 |
| Living Room | First | 14x26 |
| Dining Room | First | 12x11 |
| Florida Room | First | 22x12 |
| Primary Bedroom | First | 15x16 |
| Primary Bathroom | First | 9x5 |
| Bedroom 2 | First | 17x12 |
| Bedroom 3 | First | 12x14 |
Listing Details
- Listing date
- 2026-02-09
- On market date
- 2026-02-20
- Original list price
- $325,000
- Occupant type
- Owner
- MLS area
- 34243 - Sarasota
- Listing AOR
- Sarasota - Manatee
- Status changed
- 2026-02-20
- Tax legal description
- UNIT V-117 PALM-AIRE AT SARASOTA NO 7B A CONDO PI#19562.0590/8
Flood risk
Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
From I75 take University Blvd West. Turn right on Whitfield Ave. Turn left on Palm Aire Dr.and home is on the left.
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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 May 31, 2026 at 3:06 PM 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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