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$209,000

  • For Sale
  • Active
  • Condo
  • 2 Beds
  • 2 Full Baths
  • 954 Sq. Ft.
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PRICE ADJUSTMENT! DON'T WAIT! Here are FIVE reasons you may want to buy 5500 Longwood Run Boulevard Unit 203 in Sarasota, Florida: 1. Affordable and Updated Living: The condo is a great blend of affordability and location. It's a 2-bedroom, 2-bathroom unit with just under 1,000 square feet of living space. It has been updated with features like laminate and tile flooring, and a screened porch. This allows a new owner to move in without the immediate need for major renovations. 2. Convenient Location: The unit is situated in a highly desirable area near upscale UTC and University Place CC. It offers easy access to I-75, is close to the UTC Mall for world-class shopping, dining, and entertainment, and provides a straightforward route to Sarasota's beaches. The location is also noted to be near the Longwood Run Park, which offers walking/running trails, playgrounds, picnic areas, basketball & tennis courts, and an indoor fitness center. 3. Maintenance-Free Lifestyle: The property is part of a small, two-building complex that offers "maintenance-free living." The HOA fees cover services like cable TV, common area taxes, insurance, maintenance of the grounds and structure, pest control, and trash removal. This makes it an appealing option for someone who wants to enjoy the Florida lifestyle without the typical upkeep of a single-family home. 4. Desirable Interior Features: The condo includes several appealing interior features. It has an open floorplan with cathedral and high ceilings, creating a spacious and airy feel. The layout is a split-bedroom plan, which provides privacy. The unit also includes a walk-in closet in the primary bedroom and an in-unit laundry closet with a washer and dryer. 5. Rental and Pet-Friendly Policies: The complex has a pet-friendly policy, allowing for 2 dogs of any breed + cats with some minor restrictions (max pet weight of 40 lbs.) It is also approved for leasing with some restrictions, making it a potentially good investment property for someone looking to rent it out.

Full Property Details for 5500 Longwood Run Blvd #203

General

  • Price: $209,000
  • HOA FEE: $434/month
  • Taxes: $2,087 (2024)
  • Status: Active
  • Type: Condo
  • Source: MidFloridaRegionalMLS
  • MLS ID: A4655287
  • Updated: 1/1/2026
  • Added to Site: 209 day(s) ago

Rental Information

  • Min. Lease: 1 Month

Interior

  • Number of Rooms: 6
  • Interior Features: Cathedral Ceiling(s), Ceiling Fan(s), High Ceilings, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Split Bedroom, Walk-In Closet(s), Window Treatments
  • Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Furnishings: Negotiable
  • Flooring: Luxury Vinyl, Tile

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 2

Other Rooms

  • Laundry: Inside, Laundry Closet

Exterior

  • Exterior Features: Private Mailbox, Sliding Doors
  • Deck/Patio: Rear Porch, Screened
  • Porch/Patio/Deck: Rear Porch, Screened

Location

  • Area: 34243 - Sarasota
  • County: Sarasota
  • Development Name: 34243 - Sarasota
  • Subdivision: MAGNOLIA PLACE
  • Driving Directions: From I-75 take Exit 213 (University Parkway) and head West toward the beach. At the light at Longwood Run/University Park turn left on to Longwood Run. View the Longwood Run Park entrance on your right. After you've explored the park, continue on Longwood Run for about 1/2 mile to the coral shaded condos of Magnolia Place. The 5500 building is the one on the right. Park in any guest spot or the one for this unit labeled 203. Please do not park in any other units' spot.
  • Direction Faces: North

Community

  • Community Name: 34243 - Sarasota
  • Community Features: Buyer Approval Required, Community Mailbox, Deed Restrictions, No Truck/RV/Motorcycle Parking
  • Assoc. Name: Gulf Coast Community Mgmt/ Tracy Ashby
  • Assoc. Fees Include: Cable TV, Common Area Taxes, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Private Road, Trash
  • Number of Pets: 2
  • Pet Restrictions: Pets are normally limited to two and the acquisition of a pet must have prior written approval of the Board of Directors. All pets must be kept on a leash at all times. The Florida Leash Law will be enforced. NOTE: Renters are not allowed dogs., / 40lbs.

Heating & Cooling

  • Cooling Type: Central Air
  • Heating Type: Central, Electric

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Cable TV Available, Electricity Connected, Public, Sewer Connected, Underground Utilities, Water Connected

Structural Information

  • Exterior Const.: Block, Stucco
  • Roof: Shingle
  • Stories/Levels: One
  • Square Feet: 954
  • Sq. Ft. Source: Public Records
  • Year Built: 1994

Lot Features

  • Property View: Park/Greenbelt
  • Lot Size (Acres): 1.38
  • Lot Size (Sq. Ft.): 59,996
  • Lot Size: 1.3773
  • Street/Road Desc.: Paved

Financial Considerations

  • Condo Fee: $434
  • Condo Fee Freq: Monthly
  • Tax Amount: $2,087
  • Tax Year: 2024

Disclosures and Reports

  • Ownership: Condominium
  • Special Conditions: None
  • Legal Description: UNIT 203 BLDG 5500 MAGNOLIA PLACE
  • Flood Zone Info: X
  • APN: 18161015
  • Property ID: 18161015

Listed by Kw Coastal Living Iii

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Listing agent

— 5500 Longwood Run Blvd #203 —

  • Kw Coastal Living Iii

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 5500 Longwood Run Blvd #203

School District:Sarasota County School District
NameGradesDistance
Emma E. Booker Elementary School
2350 Doctor Martin Luther King Way, Sarasota, FL 34234
PK-52.8 mi
Booker Middle School
2250 Myrtle Street, Sarasota, FL 34234
6-82.7 mi
Booker High School
3201 North Orange Avenue, Sarasota, FL 34234
9-123.7 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 #203 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/03/2025
Price Reduced
$209,000
-2.79%
MLS
8/13/2025
Price Reduced
$215,000
-4.44%
MLS
6/24/2025
Listed
$225,000
28.64%
MLS
7/02/2021
Sold
$174,900
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 5500 Longwood Run Blvd #203

Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,453
-30%
$163,600
-7%
2024
$2,087
5%
$175,367
3%
2023
$1,984
20%
$170,259
60%
2021
$1,659
-13%
$106,100
-36%
2022
$1,903
15%
$165,300
180%
2021
$1,659
151%
$59,095
2%
2019
$660
5%
$57,766
2%
2018
$630
-3%
$56,689
2%
2017
$649
-1%
$55,523
2%
2016
$655
-1%
$54,381
1%
2015
$662
—
$54,003
1%
2014
$660
—
$53,574
2%
2013
$660
—
$52,782
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Kw Coastal Living Iii

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5500 Longwood Run Boulevard #203, Sarasota, FL 34243 (MLS# A4655287) is a Condo property with 2 bedrooms and 2 full bathrooms. 5500 Longwood Run Boulevard #203 is currently listed for $209,000 and was received on June 24, 2025. Want to learn more about 5500 Longwood Run Boulevard #203? 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.

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