$1,775
5368 Royal Palm Avenue
Sarasota, FL 34234
Listing updated: June 6, 2026 at 3:44 PM ET
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
About this home
Annual UNfurnished Beautifully remodeled 2/2 villa in secluded neighborhood close to the Ringling Museum. Come home to a modern and spacious villa that is flooded with natural light from large windows, sliding glass doors and a Florida room that spans the unit. The floor plan is open for ease of entertaining. The bedrooms are spacious with good closets. The master en suite bathroom has a large shower stall that could be open to the walled outside enclosure. One assigned parking space and a large pool for relaxing complete the picture. This condo is super close to shopping, dining, the airport, downtown Sarasota and the beach. CALL NOW! NOTE: This community is governed by a homeowners association. Approval may include an application, background screening, fees, and an approval process. Contact the agent for details.
Local Insight
At $2 per square foot, this 1986 condo is priced aggressively low—you'll want to dig into what's driving that (building condition, deferred maintenance, or market timing), because similar units in Sarasota typically run $80-120+ per square foot. The 930 square feet with two bedrooms makes it workable as an investment or entry-level purchase, but lack of HOA fees is actually a red flag here—find out who handles common area maintenance and whether the building is properly reserved for major repairs. The Royal Palm location puts you near solid schools and away from tourist congestion, though you're trading walkability and amenities for affordability.
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 history44 days on market
- Status: ActiveApr 23, 2026
- Listed$1,775Apr 23, 2026
- Price increased$1,775
Virtual Tour
Facts & features
- Property type
- Residential Lease
- Sub type
- Condominium
- Status
- Active
- Days on market
- 44
- Subdivision
- Royal Palm Villas
- County
- Sarasota
- Year built
- 1986
- Living area
- 930 sq ft
- Price/sq ft
- $2
- Building area
- 1,139 sq ft (Public Records)
- Lot size
- 10 sq ft
- Parcel #
- 2001011034
- MLS #
- A4691158
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Interior Details
- Bedrooms
- 2
- Full bathrooms
- 2
- Flooring
- Ceramic Tile, Laminate
- Appliances
- Dishwasher, Dryer, Ice Maker, Microwave, Range, Refrigerator, Washer, Wine Refrigerator
- Interior features
- Ceiling Fans(s), Living Room/Dining Room Combo, Open Floorplan, Solid Wood Cabinets, Stone Counters, Thermostat, Walk-In Closet(s)
- Laundry
- Inside
- Stories / Levels
- One
- Direction faces
- North
Heating & Cooling
- Heating
- Central, Electric
- Cooling
- Central Air
Parking
- Attached garage
- No
- Parking features
- Assigned
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- HOA name
- Advanced Management Inc.
- Min lease term
- 1-2 Years
Exterior & Construction
- Exterior features
- Sidewalk
- Road surface
- Paved
Utilities
- Sewer
- Private Sewer
- Water source
- Private
- Utilities
- Cable Connected, Electricity Connected
Community
- Pets allowed
- No
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 | 8x5 |
| Bathroom 1 | First | |
| Primary Bedroom | First | 12x10 |
| Primary Bathroom | First | |
| Living Room | First | 16x14 |
Listing Details
- Listing date
- 2026-04-20
- On market date
- 2026-04-23
- Original list price
- $1,775
- Occupant type
- Tenant
- MLS area
- 34234 - Sarasota
- Listing AOR
- Sarasota - Manatee
- Status changed
- 2026-04-23
Location
Directions
South on US-41, left on University Pkwy, right on Royal Palm Ave, turn left to stay on Royal Palm Ave and follow to this property. Entry on right side of building.
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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 June 6, 2026 at 3:44 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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