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$150,000
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Property Description
MOTIVATED SELLER-BRING OFFERS. Spacious 2BR/2BA Condo Near UTC - Low Fees, Park-like Setting! No age restrictions & pet friendly. Discover the best blend of security, serenity, space and value in this rightsized 2-bedroom, 2-bathroom condo. If you're looking for a home that prioritizes efficiency and location over expensive amenities, look no further. You will enjoy a lovely, park-like view from your private balcony. It's the perfect spot to start and end your day. There are wide and solid steps with handrails on both sides to walk up one level to this secure 2nd floor unit. Once inside, one level living makes everything easier. Running an errand? No problem! Your parking spot, just steps away from your door, is always reserved just for you. With an in-unit washer and dryer, that's one errand you won't be running! The Best Value in Sarasota: Skip the high maintenance costs of pools and gyms you don't use. You just found the perfect 2/2 that won't break the bank with monthly fees. This impeccably maintained community offers an unbeatably low Condo Fee of $434/Mo + HOA fee of $519 (2x/yr) for an average of $520.50/Mo that cover your water/sewer, cable TV, interior/exterior pest control, exterior power washing/maintenance, irrigation/landscaping maintenance, as well as common area taxes, insurance and expenses. All you need to turn on is the internet ($40 avg./mo) and electricity ($50 avg/mo). Condo Insurance is around $1,200/yr. Unbeatable Location: Just minutes from University Town Center (UTC) for world-class dining, shopping and entertainment as well as Longwood Run Park for walking trails, playgrounds, picnic areas, sports courts (tennis, basketball, & pickleball) plus indoor spaces and a community center. Enjoy a short drive to your choice of Sarasota's award-winning white-sand beaches. If you are a frequent traveler, this 'lock & leave' property will be here when you return! You have easy access to (5) five international/regional airports within (90) ninety minutes of your new home (SRQ, PIE, TPA, RSW & PGD) along with (4) four aviation/local airports (VNC, SPG, CLW, TPF). If cruising is more your speed, you are approximately an hour away from the Tampa Cruise Terminal and can access other cruise terminals across the state in under 4 hours. Simple, affordable living in a nice area with a peaceful setting. Perfect location for full-time residents, snowbirds, or investors. The Seller will consider a credit at closing for buying down a mortgage rate, closing costs, condo fees, home warranty or other allowable items. Let's work together to make this work for everyone.
Full Property Details
Full Property Details for 5500 Longwood Run Blvd #203
General
- Sold For: $150,000
- HOA FEE: $434/month
- Taxes: $2,087 (2024)
- Status: Closed
- Type: Condo
- Source: MidFloridaRegionalMLS
- MLS ID: A4655287
- Added to Site: 325 day(s) ago
Rental Information
- Min. Lease: 1 Month
Interior
- Number of Rooms: 6
- Interior Features: 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, Rain Gutters, 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
School Information
- Elementary School: Emma E. Booker Elementary
- Middle School: Booker Middle
- High School: Booker High
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, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Private Road, Sewer, Trash, Water
- 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 Connected, 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
- Living Area: 954 Sq. Ft.
- Year Built: 1994
Lot Features
- Property View: Park/Greenbelt, Trees/Woods
- 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 and Sold by Kw Coastal Living Iii
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Schools
Schools serving 5500 Longwood Run Blvd #203
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 ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5500 Longwood Run Blvd #203
Date
Details
Price
Change
Source
4/02/2026
Sold
$150,000
-14.29%
MLS
3/14/2026
Price Reduced
$175,000
-2.78%
MLS
3/03/2026
Price Reduced
$180,000
-2.7%
MLS
2/17/2026
Price Reduced
$185,000
-2.63%
MLS
1/23/2026
Price Reduced
$190,000
-7.32%
MLS
1/19/2026
Price Reduced
$205,000
-1.91%
MLS
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
—
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 #203, Sarasota, FL 34243 (MLS# A4655287) is a Condo property that was sold at $150,000 on April 02, 2026. 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.

