Price Reduced 16.71%

$199,900 ($209.54 per sqft)

Est. Mortgage $972/mo *

Quick Pre-Approval

Price History

$240,000
3/21/2025

$230,000
4/1/2025

$225,000
5/6/2025

$222,500
6/21/2025

$212,500
8/15/2025

$199,900
11/4/2025


5500 LONGWOOD RUN BOULEVARD, #201, Sarasota, FL, 34243

5500 LONGWOOD RUN BOULEVARD, #201, Sarasota, FL, 34243

4 rooms

2 beds

2 Full baths

1994

954 sqft

Quiet Corner-Unit Condo in the Heart of Sarasota! This 1,026 sq. ft. corner-unit condo in Magnolia Place offers a bright, open living space with vaulted ceilings and abundant natural light. The tile floors add easy-care elegance, while the cozy balcony—overlooking a peaceful courtyard with grass and mature trees—provides a private retreat for morning coffee or evening relaxation. Perfect for a first-time buyer, seasonal resident, or anyone looking to downsize, this home features a low-maintenance, lock-and-leave lifestyle. There’s one assigned parking space, and the community’s tranquil setting gives you the best of both worlds—serenity at home with city conveniences just minutes away. UTC Mall is only moments from your door, offering luxury shopping, gourmet dining, and seasonal attractions like winter ice skating. You’re also within easy reach of cultural gems such as the Ca’ d’Zan, Asolo Repertory Theatre, Sarasota Ballet, and the world-famous Ringling Museum of Art. Downtown Sarasota is a quick 15-minute drive, and the area’s award-winning beaches are close at hand—Siesta Key (30 minutes), Lido Beach (25 minutes), and St. Armands Circle (20 minutes) with its charming European-inspired ambiance and 140+ shops, galleries, and restaurants. With nearby parks like Longwood Park, a vibrant arts scene, and endless dining and shopping, this condo delivers the ideal Sarasota lifestyle—whether you’re here full-time or part of the year. Even better, "with the right offer", Seller will consider a credit at closing to prospective Buyers for purposes such as: buying down their mortgage rate, covering closing costs or other allowable items... One or more photo(s) has been virtually staged to help showcase the intended use and true potential of spaces in the home. All information is deemed reliable, measurements are approximate, buyer to verify all prior to closing.


Status:

Active

Type:

Condo

Laundry Remarks:

Inside, Laundry Closet

Complex:

MAGNOLIA PLACE

Garage:

Assigned, Guest

Heating:

Central

Cooling:

Central Air

Levels:

1

Acreage:

1.38

Est. Taxes:

$495

Condo Fee

434.0000

Construction

Stucco

Utilities

Cable Available, Electricity Connected, Sewer Connected, Water Connected

Days on Market:

247

Elevator:

N

Pet Policy:

Cats OK, Dogs OK

Appliances:

Dishwasher, Disposal, Dryer, Electric Water Heater, Freezer, Microwave, Range, Refrigerator, Washer

Min Lease Term:

6 Months

MLS #:

A4645647


Community Info

School Info

Walk Score

Yelp



Listing courtesy of WRA BUSINESS & REAL ESTATE 407-512-1008