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 unbeatably low HOA fees ($520.50) 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.
Property Features
Bedrooms
- Bedrooms: 2
- Primary Bedroom Dimensions: 14' x 12'
- Bedroom 2 Dimensions: 11' x 12'
- Primary Bedroom Level: First
- Bedroom 2 Level: First
Other Rooms
- Total Rooms: 6
- Balcony/Porch/Lanai Dimensions: 6' x 12'
- Balcony/Porch/Lanai Level: First
- Great Room Dimensions: 21' x 13'
- Great Room Level: First
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Bathroom 1 Dimensions: 5' x 8'
- Bathroom 1 Level: First
Interior Features
- Ceiling Fans(s)
- High Ceilings
- Living Room/Dining Room Combo
- Open Floorplan
- Primary Bedroom Main Floor
- Split Bedroom
- Walk-In Closet(s)
- Window Treatments
- Furnished Description: Negotiable
- Flooring: Luxury Vinyl, Tile
Appliances
- Dishwasher
- Dryer
- Electric Water Heater
- Microwave
- Range
- Refrigerator
- Washer
- Laundry Features: Inside, Laundry Closet
Heating and Cooling
- Cooling Features: Central Air
- Heating Features: Central, Electric
- Heating: Yes
Kitchen and Dining
- Kitchen Dimensions: 10' x 10'
- Kitchen Level: First
Exterior and Lot Features
- Private Mailbox
- Rain Gutters
- Sliding Doors
- Patio And Porch Features: Rear Porch, Screened
- Road Surface Type: Paved
- Porch: Yes
Land Info
- Additional Parcels: No
- Lot Size Acres: 1.38
- Lot Size Square Feet: 59996
Home Features
- View: Park/Greenbelt, Trees/Woods
Homeowners Association
- Association: Yes
- Association Fee: 519
- Association Fee Frequency: Semi-Annually
- Association Fee Includes: Cable TV, Common Area Taxes, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Management, Pest Control, Private Road, Sewer, Trash, Water
- Calculated Total Monthly Association Fees: 87
- Association Name: Gulf Coast Community Mgmt/ Tracy Ashby
- Association Name 2: Longwood Run
- Pets Allowed: Cats OK, Dogs OK, Number Limit
- Pet Description: Medium (36-60 Lbs.)
- Cats Allowed: Yes
- Dogs Allowed: Yes
Condo Info
- Unit Floor In Building: 2
Rental Info
- Lease Term: Minimum Lease: 1 Month
Amenities and Community Features
- Community Features: Buyer Approval Required, Community Mailbox, Deed Restrictions, No Truck/RV/Motorcycle Parking
Other Property Info
- Annual Tax Amount: 2087
- Source Listing Status: Active
- County: Sarasota
- 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.
- Tax Year: 2024
- Ownership: Condominium
- Source Property Type: Residential
- Area: 34243 - Sarasota
- Property Subtype: condo
- Source Neighborhood: MAGNOLIA PLACE
- Parcel Number: 0018161015
- Postal Code Plus 4: 5252
- Public Survey Section: 03
- Subdivision: MAGNOLIA PLACE
- Township: 36
- 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: Block, Stucco
- Direction Faces: North
- 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: 2
- Structure Type: Elevated, Mid Rise, Walk-Up
- Total Area Sqft: 954
Utilities
- Sewer: Public Sewer
- Cable Connected
- Electricity Connected
- Public
- Sewer Connected
- Underground Utilities
- Water Connected
- Water Source: Public