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For sale
  • Price cut: $16K (7/25)
    $349,900

    4533 CINNAMON DRIVE #2707, SARASOTA, FL 34238

    2beds
    1,638sqft
    : 
    $3,006/mo
    Get pre-qualified
    Condominium
    Built in 2004
    -- sqft lot
    $338,400 Zestimate®
    $214/sqft
    $757/mo HOA

    What's special

    Carpeted bedrooms and denViews of the pondAbundant natural lightLush tropical landscapingBright open-concept floor planWell-appointed kitchenScenic walking trails
    Welcome to beautiful Palmer Ranch and the highly sought-after Arielle community! This spacious 2-bedroom, 2-bath condo offers the perfect blend of comfort, convenience, and resort-style living — all on one floor with no stairs. The bright, open-concept floor plan features tile flooring throughout the main living areas and carpeted bedrooms and den, abundant natural light, and a well-appointed kitchen with a brand-new dishwasher (2025). Recent upgrades include a brand-new A/C system installed in March 2025, providing peace of mind and energy efficiency. Both kitchen and dining room have tray ceilings. Step out onto your private screened lanai overlooking the community center and heated pool, offering a premium location just steps from the pool, spa, and grilling areas — perfect for relaxing mornings and peaceful evenings. Enjoy lush tropical landscaping, scenic walking trails, views of the pond, and resort-style amenities. Ideally located near the Legacy Trail, UTC, Costco, YMCA, Siesta Key beaches, shopping, dining, and I-75. No CDD and not in a flood zone. Schedule your private showing today!
    170 days
    |
    356
    |
    12
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Jeffrey Reali 207-671-4091,

    PREFERRED SHORE LLC 941-999-1179

    Source: Stellar MLS,MLS#: A4683875MLS LogoOriginating MLS: Sarasota - Manatee

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Rooms
      • Room types: Den/Library/Office
      Primary bedroom
      • Features: Ceiling Fan(s), Walk-In Closet(s)
      • Level: First
      Bedroom 2
      • Features: Ceiling Fan(s), Built-in Closet
      • Level: First
      Primary bathroom
      • Features: Ceiling Fan(s), Dual Sinks, En Suite Bathroom, Tub with Separate Shower Stall, Water Closet/Priv Toilet, Linen Closet
      • Level: First
      Den
      • Features: Ceiling Fan(s)
      • Level: First
      Dining room
      • Level: First
      Kitchen
      • Features: Breakfast Bar, Ceiling Fan(s)
      • Level: First
      Laundry
      • Level: First
      Living room
      • Features: Ceiling Fan(s)
      • Level: First
      Heating
      • Electric
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
      • Laundry: Inside, Laundry Room
      Features
      • Built-in Features, Ceiling Fan(s), Eating Space In Kitchen, Kitchen/Family Room Combo, Open Floorplan, Primary Bedroom Main Floor, Split Bedroom, Tray Ceiling(s)
      • Flooring: Carpet, Tile
      • Doors: Sliding Doors
      • Windows: Hurricane Shutters
      • Has fireplace: No
      Interior area
      • Total structure area: 2,090
      • Total interior livable area: 1,638 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 1
      • Parking features: Garage - Attached
      • Attached garage spaces: 1
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Patio, Rear Porch, Screened
      • Pool features: In Ground
      • Has spa: Yes
      • Spa features: Heated
      • Has view: Yes
      • View description: Pool, Water, Pond
      • Has water view: Yes
      • Water view: Water,Pond
      Lot
      • Size: 7.31 Acres
      • Features: Landscaped, Level
      Details
      • Parcel number: 0115043607
      • Zoning: RMF1
      • Special conditions: None

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium
      Materials
      • Stucco
      • Foundation: Slab
      • Roof: Concrete,Tile
      Condition
      • New construction: No
      • Year built: 2004

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Available, Electricity Connected, Public, Sewer Connected, Street Lights, Underground Utilities, Water Available, Water Connected

      Community & HOA

      Community
      • Features: Buyer Approval Required, Deed Restrictions, Gated Community - No Guard, Pool, Sidewalks
      • Pet fee: $0 monthly
      • Subdivision: ARIELLE ON PALMER RANCH SEC 1
      HOA
      • Has HOA: Yes
      • Services included: Cable TV, Community Pool, Reserve Fund, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Private Road, Sewer, Trash, Water
      • HOA fee: $757 monthly
      • HOA name: Ginny Deck
      Location
      • Region: Sarasota

      Financial & listing details

      • Price per square foot: $214/sqft
      • Tax assessed value: $295,900
      • Annual tax amount: $2,681
      • Date on market: 2/26/2026
      • Cumulative days on market: 154 days
      • Ownership: Condominium
      • Total actual rent: 0
      • Electric utility on property: Yes
      • Road surface type: Paved

        Estimated market value

        $338,400

        $321,000 - $355,000

        $2,222/mo

        Price history

        DateEventPrice
        7/25/2026Price change$349,900-4.4%$214/sqft
        Source: Stellar MLS #A4683875 Report a problem
        5/27/2026Price change$365,900-3.7%$223/sqft
        Source: Stellar MLS #A4683875 Report a problem
        3/18/2026Price change$379,900-2.3%$232/sqft
        Source: Stellar MLS #A4683875 Report a problem
        2/26/2026Listed for sale$389,000+74.5%$237/sqft
        Source: Stellar MLS #A4683875 Report a problem
        1/10/2005Sold$222,900$136/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,681 +4.5%$203,299 +2.9%
        2024$2,567 +7.3%$197,569 +3%
        2023$2,392 +4.6%$191,815 +3%
        2022$2,287 +2%$186,228 +3%
        2021$2,241 +0.3%$180,804 +1.4%
        2020$2,234 +4.1%$178,308 +2.3%
        2019$2,146 $174,299 +1.9%
        2018$2,146 +2.9%$171,049 +2.1%
        2017$2,085 -1.2%$167,531 -10.8%
        2016$2,111 $187,800 +13.1%
        2015$2,111 +0.2%$166,000 +4.2%
        2014$2,107 +0.2%$159,262
        2013$2,103 +2.7%$159,262 +1.7%
        2012$2,047 -1.2%$156,600 -2.6%
        2011$2,072 -5.8%$160,700 -3.4%
        2010$2,199 -13.4%$166,300 -2.9%
        2009$2,538 $171,300 -16.1%
        2008$2,538 -30.6%$204,200 -27.3%
        2007$3,659 $280,900 -5.6%
        2006-- $297,600 +45.2%
        2005-- $205,000
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: Palmer Ranch

        Getting around

        13 / 100
        Car-Dependent
        0 / 100
        No Nearby Transit
        36 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Gulf Gate Elementary
        • Middle: Sarasota Middle
        • High: Riverview High

        Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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