Residential Property - Condominium in Sarasota
Listing Price: $175,000 (Mortgage Calculator →)Cumulative Days on Market: 162
Description of Property
Here's your opportunity to build value through renovation and own a condo with arguably one of the best views in Palm Aire. This is the ONLY 4-story building in Palm- Aire. Better yet, this condo is on the top floor, on the golf side, near the 11th fairway with sweeping views across the Champions Golf Course. This 2-bedroom, 2-bath condo is priced at $161 per square foot (well below Sarasota's condo average), this unit is an honest opportunity for you to renovate and create something special. The 1,090-square-foot floor plan is bright and open, providing a solid canvas for your vision. A newer AC system was installed in 2023 and the association replaced the roof in 2024. The pricing reflects the reality: this condo needs cosmetic updates including flooring, paint, kitchen, and bathrooms. Whether you're an investor looking for a value-add project, a first-time buyer building sweat equity, or someone wanting a seasonal retreat to customize, the numbers work in your favor. This condo can be used as a rental; the association allows a one-month minimum rental period, giving you the opportunity to earn income when you’re away. This building DOES have an elevator and a laundry room on each floor. You'll enjoy heated community pools, a clubhouse, and fitness room without any country club obligation. Optional membership unlocks even more: a 36-hole championship golf course (refurbished 2021), pickleball and tennis courts, fitness classes, social events, and an on-site restaurant. It's country club living at your own pace and budget. The location sells itself. It’s 5inutes from University Town Center for shopping and dining, 10 minutes to Downtown Sarasota's arts and waterfront scene, and 15 minutes to St. Armands Circle and Gulf beaches. Nathan Benderson Park, local restaurants, and Sarasota-Bradenton International Airport (5 miles) are all nearby. You're centrally located to everything that makes Sarasota special. This is a smart buy for anyone who sees potential and wants to build value through renovation. The view, location, and price point make it a rare find in today's market. Schedule your private tour and envision what this space could become!
Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Condominium
City: Sarasota
County: Manatee
Subdivision: Palm-aire Desoto Lakes Cc Apt Condo
Bedrooms: 2
Bathrooms: 2
Sq. Ft. Gross: 1,202
Sq. Ft. Living Area: 1,090
Cost per (heated) sqare foot: $161
Year built: 1973
Annual Tax: $3,155
Condo Fee: $485 Monthly
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
- Water
Appliances: Refrigerator
Window Features: Blinds
Flooring: Vinyl
Schools
Elementary School: Kinnan Elementary
Middle/Junior High School: Braden River Middle
High School: Braden River High
Pool & Waterfront Info
Private Pool: Not specified
Exterior & Construction
Construction: Stucco
Foundation: Slab
Roof: Built-Up
Exterior Features: Balcony
Parking Features: Assigned
Floors Total: 4
Floors in Unit: One
Cooling: Central Air
Heating & Fuel: Electric
Electric:
Patio & Porch Features:
Security Features:
Other Structures:
View: Water
Fencing:
Sewer: Public Sewer
Water Source: Public
Community Features: Tennis Court(s)
Lot Information
Lot Features: Sidewalk
Road Frontage: Street Paved
Front Exposure: West
Legal Description & Other Information
Financing Available: Cash
Parcel Number: 1920600390
Zoning: RMF6/WPE
Pets Allowed/Pet Policies: Dogs OK
Tax Legal Desc.: UNIT 408 NO. 1 PALM-AIRE AT DESOTO LAKES COUNTRY CLUB APTS CONDOMINIUM PI#19206.0039/0
Section: 27
Range: 18E
Listing courtesy of MICHAEL SAUNDERS & COMPANY. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.