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$190,000
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Property Description
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.
Full Property Details
Full Property Details for 5500 Longwood Run Blvd #201
General
- Sold For: $190,000
- HOA FEE: $434/month
- Taxes: $494 (2024)
- Status: Closed
- Type: Condo
- Source: MidFloridaRegionalMLS
- MLS ID: A4645647
- Added to Site: 348 day(s) ago
Rental Information
- Min. Lease: 6 Months
Interior
- Number of Rooms: 4
- Interior Features: Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Walk-In Closet(s)
- Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Freezer, Microwave, Range, Refrigerator, Washer
- Flooring: Ceramic Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: Inside, Laundry Closet
Exterior
- Exterior Features: Irrigation System, Lighting, Sidewalk
Parking
- Parking Features: Assigned, Guest
Location
- Area: 34243 - Sarasota
- County: Sarasota
- Development Name: 34243 - Sarasota
- Subdivision: MAGNOLIA PLACE
- Driving Directions: From i 75, take exit 213 and head west on university parkway. continue for approximately 4 miles, then turn right onto lockwood ridge road. drive north for about 1 mile, then turn left onto longwood run boulevard. continue for approximately half a mile, then turn left into the entrance for 5500 longwood run boulevard. unit 201 will be within the complex on your left.
- Direction Faces: Northeast
Community
- Community Name: 34243 - Sarasota
- Community Features: Buyer Approval Required, Sidewalks
- Association: Yes
- Assoc. Name: Lisa at Gulf Coast Community Management
- Assoc. Fees Include: Cable TV, Common Area Taxes, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Sewer, Trash, Water
- Number of Pets: 2
- Pet Restrictions: Association approval required. Owners may have one cat and or dog with approval. Max 40 lbs. Tenants may not have pets., / 40lbs.
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable TV Available, Electricity Connected, Sewer Connected, Water Connected
Structural Information
- Exterior Const.: Stucco
- Roof: Shingle
- Stories/Levels: One
- Square Feet: 954
- Sq. Ft. Source: Public Records
- Living Area: 954 Sq. Ft.
- Year Built: 1994
Lot Features
- Lot Size (Acres): 1.38
- Lot Size (Sq. Ft.): 59,996
- Lot Size: 1.3773
- Street/Road Desc.: Paved
Financial Considerations
- Assoc Fee Freq.: Monthly
- Assoc Fee Desc.: Required
- Condo Fee: $434
- Condo Fee Freq: Monthly
- Tax Amount: $494.57
- Tax Year: 2024
Disclosures and Reports
- Ownership: Condominium
- Special Conditions: None
- Legal Description: UNIT 201 BLDG 5500 MAGNOLIA PLACE
- Flood Zone Info: X
- APN: 18161013
- Property ID: 18161013
Listed and Sold by Wra Business & Real Estate
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Schools
Schools serving 5500 Longwood Run Blvd #201
School District:Sarasota County School District
| Name | Grades | Distance |
|---|---|---|
Emma E. Booker Elementary School 2350 Doctor Martin Luther King Way, Sarasota, FL 34234 | PK-5 | 2.8 mi |
Booker Middle School 2250 Myrtle Street, Sarasota, FL 34234 | 6-8 | 2.7 mi |
Booker High School 3201 North Orange Avenue, Sarasota, FL 34234 | 9-12 | 3.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5500 Longwood Run Blvd #201
Date
Details
Price
Change
Source
2/13/2026
Sold
$190,000
-4.95%
MLS
11/04/2025
Price Reduced
$199,900
-5.93%
MLS
8/15/2025
Price Reduced
$212,500
-4.49%
MLS
6/21/2025
Price Reduced
$222,500
-1.11%
MLS
5/06/2025
Price Reduced
$225,000
-2.17%
MLS
4/01/2025
Price Reduced
$230,000
-4.17%
MLS
3/21/2025
Listed
$240,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
5500 Longwood Run Boulevard #201, Sarasota, FL 34243 (MLS# A4645647) is a Condo property that was sold at $190,000 on February 13, 2026. Want to learn more about 5500 Longwood Run Boulevard #201? Do you have questions about finding other Condo real estate for sale in Sarasota? You can browse all Sarasota real estate or contact a Coldwell Banker agent to request more information.

