$172,900
5354 Royal Palm Avenue
Sarasota, FL 34234
Listing updated: July 17, 2026 at 6:26 PM ET
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
Discover the potential of this 2-bedroom, 2-bath corner villa in the desirable Royal Palm Villas community of Sarasota. Offering a functional floor plan and an excellent location, this home is ready for its next owner to update and make it their own. The spacious living area opens to a screened lanai, providing a comfortable space to enjoy Florida's year-round weather, relax with your morning coffee, or entertain guests. While the home could benefit from updating and TLC, it presents an excellent opportunity for buyers looking to customize a property to their own style or invest in a highly sought-after Sarasota location. Residents of Royal Palm Villas enjoy access to the community pool and low-maintenance living, with HOA services that include exterior maintenance, lawn care, water, sewer, trash, and more. Conveniently located just minutes from downtown Sarasota, Lido Key Beach, Sarasota-Bradenton International Airport, the Ringling Museum, shopping, dining, and cultural attractions, this villa combines outstanding location with incredible potential. Whether you're looking for a full-time residence, seasonal getaway, or investment opportunity, this is your chance to own in one of Sarasota's most convenient communities and create the home you've been envisioning.
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 history0 days on market
- Status: ActiveJul 17, 2026
- Listed$172,900Jul 17, 2026
- Price increased$172,900
Facts & features
- Property type
- Residential
- Sub type
- Villa
- Status
- Active
- Days on market
- 0
- Subdivision
- Royal Palm Villas
- County
- Sarasota
- Year built
- 1986
- Living area
- 930 sq ft
- Price/sq ft
- $186
- Building area
- 1,130 sq ft (Public Records)
- Lot size
- 195,904 sq ft
- Lot category
- 2 to less than 5
- Flood zone
- X500 (12115C0043G)
- Annual taxes
- $1,937 (2025)
- Parcel #
- 2001011027
- Zoning
- RMF2
- MLS #
- C7528485
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Interior Details
- Bedrooms
- 2
- Full bathrooms
- 2
- Flooring
- Ceramic Tile
- Appliances
- Range, Refrigerator
- Interior features
- Ceiling Fans(s)
- Laundry
- Laundry Closet
- Stories / Levels
- One
- Direction faces
- East
Heating & Cooling
- Heating
- Electric
- Cooling
- Central Air
HOA & Financial
- HOA fee
- $7,560 / Annually
- Monthly HOA
- $630/mo
- Total monthly fees
- $630/mo
- Total annual fees
- $7,560
- HOA name
- Advanced Management Inc
- CDD
- No
- Min lease term
- 1 Month
- Listing terms
- Cash, Conventional
- Ownership
- Fee Simple
- Available for lease
- Yes
- Lease restrictions
- Yes
- Additional lease restrictions
- Please Check With Association
- Approval process
- Application to Association
Exterior & Construction
- Exterior features
- Balcony
- Construction materials
- Block, Concrete
- Roof
- Shingle
- Foundation
- Slab
- Road surface
- Asphalt
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- BB/HS Internet Available, Cable Available, Water Connected
Community
- Pets allowed
- Cats OK, Dogs OK
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 | |
| Primary Bedroom | First | |
| Bathroom 1 | First | |
| Bedroom 2 | First | |
| Living Room | First | |
| Balcony/Porch/Lanai | First |
Listing Details
- Listing date
- 2026-07-13
- On market date
- 2026-07-17
- Original list price
- $172,900
- Occupant type
- Vacant
- MLS area
- 34234 - Sarasota
- Listing AOR
- Port Charlotte
- Status changed
- 2026-07-17
- Tax legal description
- UNIT 5354 ROYAL PALM VILLAS OF SARASOTA PHASE 3 OR 2096/0833
Flood risk
Moderate-risk area (0.2% annual-chance / “500-year” floodplain). Flood insurance is recommended but usually not required.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
From US-41 (Tamiami Trail), turn east onto University Parkway. Continue for about 0.3 mile. Turn right onto Royal Palm Avenue. Continue on Royal Palm Avenue and turn left into the entrance for Royal Palm Villas. Follow the road through the community to your destination.
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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 July 17, 2026 at 6:26 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.
All or a portion of the multiple listing information is provided by Stellar MLS, from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 Stellar MLS. All rights reserved.
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