PRICE ADJUSTMENT! DON'T WAIT! Here are FIVE reasons someone would 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. 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.
Property Features
Bedrooms
- Bedrooms: 2
- Primary Bedroom Dimensions: 12 x 14
- Bedroom 2 Dimensions: 12 x 11
- Primary Bedroom Level: First
- Bedroom 2 Level: First
Other Rooms
- Total Rooms: 6
- Great Room Dimensions: 13 x 21
- Great Room Level: First
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Bathroom 1 Dimensions: 8 x 5
- Bathroom 1 Level: First
Interior Features
- Cathedral Ceiling(s)
- 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
Kitchen and Dining
- Kitchen Dimensions: 10 x 10
- Kitchen Level: First
Exterior and Lot Features
- Private Mailbox
- Sliding Doors
- Patio And Porch Features: Rear Porch, Screened
- Road Surface Type: Paved
- Porch Dimensions: 12 x 6
- Porch Level: First
Land Info
- Lot Size Acres: 1.38
- Lot Size Square Feet: 59996
Home Features
Condo Info
- Unit Floor In Building: 2
Homeowners Association
- Association Fee 2: 439
- Association Fee 2 Frequency: Semi-Annually
- Association Fee Includes: Cable TV, Common Area Taxes, Insurance, Maintenance Structure, Maintenance Grounds, Management, Pest Control, Private Road, Trash
- Calculated Total Monthly Association Fees: 507
- Association Name: Gulf Coast Community Mgmt/ Tracy Ashby
- Association Name 2: Longwood RUN
- Pets Allowed: Cats OK, Dogs OK, Number Limit
- Pet Description: 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., Pet Size: Medium (36-60 Lbs.), Max Pet Weight: 40, Number Of Pets: 2
- Dogs Allowed: Yes
Rental Info
- Lease Term: Minimum Lease: 1 Month
Amenities and Community Features
- Community Features: Buyer Approval Required, Community Mailbox, Deed Restrictions
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 Range: 18
- Public Survey Section: 03
- Subdivision: MAGNOLIA PLACE
- Township: 36
- Zoning: RSF1
- Property Features: Condo Fees: 434 Monthly
- Property Subtype: Condominium
- Source System Name: C2C
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: 31
- Roof: Shingle
- Levels or Stories: 2
- Building Total Stories: 2
Utilities
- Sewer: Public Sewer
- Cable Available
- Electricity Connected
- Public
- Sewer Connected
- Underground Utilities
- Water Connected
- Water Source: Public