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.
| Price | $180,000 | |
| Bedrooms | 2 | |
| Full Baths | 2 | |
| Half Baths | 0 | |
| Total Baths | 2 | |
| Lot Size Area | 1.3773 | |
| Lot Size Area Units | Acres | |
| Acres | 1.38 | |
| Property Type | Residential | |
| Sub type | Condominium | |
| MLS Sub type | Condominium | |
| 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 | |
| Exterior Features | Private Mailbox, Rain Gutters, Sliding Doors | |
| Year Built | 1994 | |
| Subdivision | MAGNOLIA PLACE | |
| View | Park/Greenbelt, Trees/Woods | |
| Roof | Shingle | |
| Heating | Central, Electric | |
| Foundation | Slab | |
| Laundry Features | Inside, Laundry Closet | |
| Association Name | Gulf Coast Community Mgmt/ Tracy Ashby | |
| 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. | |
| County | Sarasota | |
| Latitude | 27.381564 | |
| Longitude | -82.483128 | |
| Market Area | 34243 – Sarasota | |
| Address | 5500 LONGWOOD RUN BOULEVARD #203, SARASOTA, FL 34243 | |
| Unit | 203 | |
| Postal Code | 34243 | |
| City | SARASOTA | |
| State | FL | |
| Country | United States | |
| Listing Office | KW COASTAL LIVING III | |
| Listing Office Phone | 941-900-4151 | |
| Listing Agent | Bailey Dempsey | |
| Listing Agent Phone | 336-406-6003 | |
| Special listing conditions | None | |
| Ownership | Condominium | |
| Terms | Cash, Conventional | |
| Virtual Tour URL | https://www.canva.com/design/DAGrRKFaxdU/laGiBrZ-hCKnZL8Zhh5t8w/watch?utm_content=DAGrRKFaxdU&utm_campaign=designshare&utm_medium=link2&utm_source=uniquelinks&utlId=h707c55dca0 | |
| Elementary School | Emma E. Booker Elementary | |
| Middle School | Booker Middle | |
| High School | Booker High | |
| Days on market | 251 | |
| MLS Status | Active | |
| Listing Date | Jun 24, 2025 | |
| Listing Last Modified | Mar 3, 2026 | |
| Tax ID | 0018161015 | |
| Tax Year | 2024 | |
| Tax Annual Amount | 2087 | |
| MLS Area | 34243 – Sarasota | |
| MLS # | A4655287 | |
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