Under contract-accepting backup offers. 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.
Property Features
Other Rooms
- Total Rooms: 4
- Living Room Dimensions: 21' x 13'
- Living Room Level: First
Appliances
- Dishwasher
- Disposal
- Dryer
- Electric Water Heater
- Freezer
- Microwave
- Range
- Refrigerator
- Washer
- Laundry Features: Inside, Laundry Closet
Bedrooms
- Bedrooms: 2
- Primary Bedroom Dimensions: 14' x 12'
- Bedroom 2 Dimensions: 12' x 10'
- Primary Bedroom Level: First
- Bedroom 2 Level: First
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Interior Features
- Living Room/Dining Room Combo
- Open Floorplan
- Primary Bedroom Main Floor
- Solid Surface Counters
- Walk-In Closet(s)
- Flooring: Ceramic Tile
Heating and Cooling
- Cooling Features: Central Air
- Heating Features: Central
- Heating: Yes
Kitchen and Dining
- Kitchen Dimensions: 13' x 10'
- Kitchen Level: First
Exterior and Lot Features
- Lighting
- Sidewalk
- Road Surface Type: Paved
Land Info
- Additional Parcels: No
- Lot Size Acres: 1.38
- Lot Size Square Feet: 59996
Garage and Parking
- Parking Features: Assigned, Guest
Homeowners Association
- Association: Yes
- Association Fee: 878
- Association Fee Frequency: Annually
- Association Fee Includes: Cable TV, Common Area Taxes, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Management, Pest Control, Sewer, Trash, Water
- Calculated Total Monthly Association Fees: 73
- Association Name: Lisa at Gulf Coast Community Management
- Association Name 2: Longwood Run Community Association
- Pets Allowed: Cats OK, Dogs OK
- Pet Description: Small (16-35 Lbs.)
- Cats Allowed: Yes
- Dogs Allowed: Yes
Condo Info
- Unit Floor In Building: 2
Rental Info
- Lease Term: Minimum Lease: 6 Months
Amenities and Community Features
- Community Features: Buyer Approval Required, Sidewalks
Other Property Info
- Annual Tax Amount: 495
- Source Listing Status: Pending
- County: Sarasota
- 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.
- Tax Year: 2024
- Ownership: Condominium
- Source Property Type: Residential
- Area: 34243 - Sarasota
- Property Subtype: condo
- Source Neighborhood: MAGNOLIA PLACE
- Parcel Number: 0018161013
- Postal Code Plus 4: 5252
- Public Survey Section: 03
- Subdivision: MAGNOLIA PLACE
- Township: 36S
- Zoning: RSF1
- Property Features: Condo Fees: 434, Condo Fees Term: Monthly
- Property Subtype: Condominium
Building and Construction
- Total Square Feet Living: 954
- Year Built: 1994
- Building Area Source: Public Records
- Building Area Total: 1026
- Building Name: 5500
- Construction Materials: Stucco
- Direction Faces: Northeast
- Foundation Details: Slab
- Levels: One
- Living Area Source: Public Records
- Living Area Units: Square Feet
- Property Age: 32
- Roof: Shingle
- Levels or Stories: One
- Building Total Stories: 1
- Total Area Sqft: 954
Utilities
- Sewer: Public Sewer
- Cable Available
- Electricity Connected
- Sewer Connected
- Water Connected
- Water Source: Public
Home Features
- Other Equipment: Irrigation Equipment