Price Reduced Sarasota Investment Condo in Bella Villino, Palmer Ranch Investor-ready and priced to sell, this beautifully updated first-floor 2BR/2BA condo in the gated resort community of Bella Villino at Palmer Ranch offers proven rental income with a 20-year history and a 95% occupancy rate. Perfect for 1031 Exchange buyers, investors, snowbirds, or anyone seeking a turnkey Sarasota property with strong returns and low maintenance. The spacious floor plan includes two en-suite bedrooms with walk-in closets, granite countertops, a new refrigerator and garbage disposal, and a bright, open living area that flows to a private screened lanai overlooking a peaceful preserve. The property has remained high and dry with no hurricane damage, offering peace of mind for out-of-state or cash-flow buyers. Bella Villino provides an exceptional array of resort-style amenities, including a heated pool and spa, fitness center, indoor racquetball and basketball, tennis and pickleball courts, billiards, barbecue areas, clubhouse, business center, car care station, and on-site management. Located within the highly desirable Palmer Ranch community, the condo is just minutes from Siesta Key Beach, Legacy Trail, shopping, dining, golf, and the SRQ airport. It offers the perfect blend of steady income potential and Floridas relaxed coastal lifestyle. With inventory stabilizing and prices adjusting, now is the ideal time to secure a well-maintained Sarasota investment property or 1031 Exchange opportunity in one of the areas most sought-after communities.
Property Features
Bedrooms
- Bedrooms: 2
- Primary Bedroom Dimensions: 13 x 11
- Bedroom 2 Dimensions: 13 x 11
- Primary Bedroom Level: First
- Bedroom 2 Level: First
Other Rooms
- Total Rooms: 6
- Primary Bathroom: 11 x 11
- Primary Bathroom Level: First
- Living Room Dimensions: 17 x 14
- Living Room Level: First
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Interior Features
- Built-in Features
- Crown Molding
- High Ceilings
- Living Room/Dining Room Combo
- Open Floorplan
- Walk-In Closet(s)
- Window Treatments
- Flooring: Ceramic Tile
- Window Features: Blinds
Appliances
- Dishwasher
- Disposal
- Dryer
- Microwave
- Range
- Refrigerator
- Laundry Features: Inside, Laundry Room
Heating and Cooling
- Cooling Features: Central Air
- Heating Features: Central, Electric
Kitchen and Dining
- Dining Room Dimensions: 12 x 9
- Dining Room Level: First
- Kitchen Dimensions: 10 x 10
- Kitchen Level: First
Exterior and Lot Features
- Sliding Doors
- Road Surface Type: Asphalt
Pool and Spa
- Pool Features: In Ground
- Spa Features: In Ground
- Spa: Yes
Garage and Parking
Land Info
- Lot Size Acres: 0.99
- Lot Size Square Feet: 42957
Home Features
Homeowners Association
- Association: Yes
- Association Fee Frequency: Monthly
- Association Fee Includes: Cable TV, Common Area Taxes, Pool, Escrow Reserves Fund, Fidelity Bond, Insurance, Maintenance Structure, Maintenance Grounds, Management, Pest Control, Private Road, Recreational Facilities, Sewer, Trash, Water
- Calculated Total Monthly Association Fees: 782
- Association Name: Kimberly Baum / BV-III
- Association Phone: 9414518520
- Pets Allowed: Cats OK, Dogs OK
- Pet Description: Pet Restrictions: Please confirm restrictions with management., Pet Size: Large (61-100 Lbs.), Number Of Pets: 2
School Information
- Elementary School: Laurel Nokomis Elementary
- High School: Venice Senior High
- Middle School: Laurel Nokomis Middle
Condo Info
- Unit Floor In Building: 1
Rental Info
- Lease Term: Minimum Lease: 6 Months
Amenities and Community Features
- Community Features: Clubhouse, Community Mailbox, Deed Restrictions, Fitness Center, Gated Community - No Guard, Pool, Racquetball, Tennis Court(s)
Other Property Info
- Annual Tax Amount: 2871
- Source Listing Status: Active
- County: Sarasota
- Directions: From US 41 - Take Central Sarasota Parkway east to the entrance of Bella Villino and make a right. Stay to the right until you reach the gate. Once through the gate, stay to the left. Follow the road to the next street and stay to the right. 4122 Will be on the right. Unit 1914 is on the first floor at the rear of the building.
- Tax Year: 2024
- Ownership: Condominium
- Source Property Type: Residential
- Area: 34238 - Sarasota/Sarasota Square
- Property Subtype: condo
- Source Neighborhood: BELLA VILLINO III
- Parcel Number: 0132013221
- Postal Code Plus 4: 6691
- Public Survey Range: 18
- Public Survey Section: 34
- Subdivision: BELLA VILLINO III
- Township: 37
- Zoning: RSF2
- Property Features: Condo Fees: 782 Monthly
- Property Subtype: Condominium
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 1089
- Year Built: 1998
- Building Area Source: Public Records
- Building Area Total: 1209
- Building Name: 4122
- Construction Materials: Concrete
- Direction Faces: Southwest
- Foundation Details: Slab
- Levels: One
- Living Area Source: Public Records
- Living Area Units: Square Feet
- Property Age: 27
- Roof: Tile
- Levels or Stories: 1
- Building Total Stories: 1
- Structure Type: Walk-Up
Utilities
- Sewer: Public Sewer
- Cable Connected
- Electricity Connected
- Public
- Sewer Connected
- Water Source: Public
