$319,000
5940 Driftwood Avenue
Sarasota, FL 34231
Listing updated: June 7, 2026 at 4:06 PM ET
Listing courtesy of Michael Saunders & Company · Adrian Mociran · MLS #A4692199 · Active · 941-966-8000Property type
Year built
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
Experience the ease of coastal living just minutes from the world-renowned shores of Siesta Key with this inviting, free-standing villa, an ideal retreat for buyers seeking comfort, convenience, and value. Perfectly positioned in Sarasota's desirable 34231 corridor, this residence offers a rare opportunity to enjoy the beach lifestyle without the premium price typically associated with island living. Designed for relaxed, low-maintenance ownership, the villa features a spacious, open-concept layout with abundant natural light, neutral finishes, and easy-care ceramic tile flooring throughout. Recent updates include new HVAC in 2024, roof 2019, water heater and Impact windows in 2022. The well-appointed kitchen provides ample cabinetry and workspace, flowing seamlessly into the main living and dining areas, with functionally elegant built-ins with storage, and perfect for entertaining or hosting seasonal guests. Generous bedroom accommodations offer privacy and comfort, while updated baths enhance the home's move-in-ready appeal. A highlight of the property is the private outdoor living space, ideal for morning coffee, evening cocktails, or simply enjoying the coastal breezes. Residents also enjoy serene sunsets on Sarasota Bay, access to community amenities such as a pool, clubhouse, and beautifully maintained grounds, perfect for a lock-and-leave seasonal.
Local Insight
At $276/sqft for a 1973 villa with water views and direct water access in Baywood Colony, you're getting solid waterfront value, but the AE flood zone designation means mandatory flood insurance that'll run $1,200–2,000+ annually—factor that into your true carrying costs. The location gives you bay access and reasonable schools, but a 50-year-old structure in a flood-prone area warrants a thorough inspection for foundation settling, salt spray damage, and whether recent updates have been made to systems and envelope protection.
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 history34 days on market
- Status: ActiveMay 4, 2026
- Listed$319,000May 4, 2026
- Price increased$319,000
Facts & features
- Property type
- Residential
- Sub type
- Villa
- Status
- Active
- Days on market
- 34
- Subdivision
- Baywood Colony Sec 1
- County
- Sarasota
- Year built
- 1973
- Living area
- 1,155 sq ft
- Price/sq ft
- $276
- Lot category
- Non-Applicable
- Flood zone
- AE (12115C0143G)
- Annual taxes
- $2,407 (2025)
- Parcel #
- 0105081015
- Zoning
- RMF2
- MLS #
- A4692199
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Interior Details
- Bedrooms
- 2
- Full bathrooms
- 2
- Flooring
- Ceramic Tile
- Appliances
- Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator
- Interior features
- Built-in Features, Ceiling Fans(s), Crown Molding, Eat-in Kitchen, High Ceilings, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Stone Counters, Thermostat, Walk-In Closet(s), Window Treatments
- Laundry
- Laundry Room, Other
- Stories / Levels
- One
- Direction faces
- East
Heating & Cooling
- Heating
- Central
- Cooling
- Central Air
Parking
- Parking features
- Covered, Driveway, Oversized
- Carport
- Yes
HOA & Financial
- Total monthly fees
- $1,054/mo
- Total annual fees
- $12,648
- CDD
- No
- Homestead exemption
- Yes
- Min lease term
- 1 Month
- Listing terms
- Cash, Conventional, FHA, VA Loan
- Ownership
- Condominium
- Available for lease
- Yes
- Lease restrictions
- Yes
- Additional lease restrictions
- Contact HOA for details
- Approval process
- Contact HOA for details
Exterior & Construction
- Exterior features
- Courtyard, Garden, Other, Private Entrance, Sliding Doors, Storage
- Construction materials
- Block, Concrete
- Roof
- Membrane, Other
- Foundation
- Slab
- Water access
- Yes
- Water view
- Yes
- Road surface
- Asphalt
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Cable Connected, Electricity Connected, Public, Sewer Connected, Underground Utilities, Water Connected
Community
- Pets allowed
- Cats OK, Dogs OK, Yes
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 |
|---|---|---|
| Primary Bedroom | First | 15x14 |
| Kitchen | First | 18x14 |
| Living Room | First | 20x15 |
| Bedroom 2 | First | 13x10 |
Listing Details
- Listing date
- 2026-04-27
- On market date
- 2026-05-04
- Original list price
- $319,000
- Occupant type
- Owner
- MLS area
- 34231 - Sarasota/Gulf Gate Branch
- Listing AOR
- Sarasota - Manatee
- Status changed
- 2026-05-04
- Tax legal description
- UNIT 15 BLDG 12 BAYWOOD COLONY VILLAS SEC 1
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
South on 41/Tamiami from downtown, pass Phillippi Estate Park and make a right on Meadowood to right on Driftwood, Villa will be on your 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 June 7, 2026 at 4:06 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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