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Sold for $300,000
  • $300,000

    5020 Royal Palm Ave, Sarasota, FL 34234

    4beds
    2baths
    1,560sqft
    Duplex
    Built in 1978
    -- sqft lot
    $342,100 Zestimate®
    $192/sqft
    $1,810 Estimated rent

    Home value

    $342,100

    $308,000 - $376,000

    $1,810/mo

    Zestimate® history
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    $1,959/mo

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    What's special

    MULTI-FAMILY PROPERTY-Rare Opportunity to Generate income from these two lovely homes or rent one of the two bedroom one bath homes and live in the other. This spacious, extra deep lot offers plenty of room for pool installation, parking of RV’s, vehicles, trailers. With two carports there is covered parking or use the spaces for outdoor relaxation activities. Upgrades include new roof installed in 2020, tile flooring, driveway and paint-job. This dynamic property is within minutes of the SarasotaBradenton Airport, the Ringling Museum, Asolo Theater, New College of Florida, USF, UF and Ringling College of Art and Design campuses. Great for investors or starter home with income generation.

    Zillow last checked:

    Listing updated:

    Listed by:

    Randal Longo 843-737-6347,

    Keys Realty Redefined LLC

    Bought with:

    Non Member Listing Agent

    Non Member Listing Office

    Source: MIAMI,MLS#: A11437759MLS LogoOriginating MLS: A-Miami Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    Heating
    • Central, Space Heater
    Cooling
    • Central Air, Wall/Window Unit(s)
    Features
    • Flooring: Tile, Vinyl
    Interior area
    • Total structure area: 1,560
    • Total interior livable area: 1,560 sqft

    Property

    Parking
    • Total spaces: 4
    Features
    • Stories: 1
    • Patio & porch: Open Porch
    Lot
    • Features: Less Than 1/4 Acre Lot
    • Residential vegetation: Fruit Trees
    Details
    • Parcel number: 2001090028
    • Zoning: RMF2

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex
    Materials
    • Concrete Block Construction
    • Roof: Shingle
    Condition
    • New Construction
    • New construction: Yes
    • Year built: 1978

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Municipal Water

    Community & HOA

    Community
    • Subdivision: Sarasota
    HOA
    • Has HOA: No
    Location
    • Region: Sarasota

    Financial & listing details

    • Price per square foot: $192/sqft
    • Tax assessed value: $230,800
    • Annual tax amount: $3,342
    • Date on market: 8/17/2023
    • Listing terms: All Cash,Cash,FHA,VA Loan

    Price history

    DateEventPrice
    10/29/2024Listing removed$4,000$3/sqft
    Source: Zillow Rentals Report a problem
    10/1/2024Listed for rent$4,000+33.3%$3/sqft
    Source: Zillow Rentals Report a problem
    8/16/2024Listing removed--
    Source: Zillow Rentals Report a problem
    7/1/2024Price change$3,000-14.3%$2/sqft
    Source: Zillow Rentals Report a problem
    5/29/2024Listed for rent$3,500$2/sqft
    Source: Zillow Rentals Report a problem
    10/28/2023Sold$300,000-24.8%$192/sqft
    Source: MIAMI #A11437759 Report a problem
    10/11/2023Pending sale$399,000$256/sqft
    Source: MIAMI #A11437759 Report a problem
    9/30/2023Price change$399,000-7.9%$256/sqft
    Source: Stellar MLS #A4579947 Report a problem
    9/11/2023Price change$433,000-13.2%$278/sqft
    Source: Stellar MLS #A4579947 Report a problem
    8/29/2023Price change$499,000-9.3%$320/sqft
    Source: MIAMI #A11437759 Report a problem
    8/23/2023Price change$550,000-4.3%$353/sqft
    Source: MIAMI #A11437759 Report a problem
    8/20/2023Price change$575,000-2.5%$369/sqft
    Source: MIAMI #A11437759 Report a problem
    8/17/2023Listed for sale$590,000+527.7%$378/sqft
    Source: MIAMI #A11437759 Report a problem
    12/31/1998Sold$94,000+34.3%$60/sqft
    Source: Public Record Report a problem
    6/9/1995Sold$70,000$45/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,820 -3.3%$230,800 -7%
    2024$3,951 +13.9%$248,300 +55.7%
    2023$3,467 +3.7%$159,461 +7.5%
    2022$3,342 +11.9%$148,391 +22.9%
    2021$2,987 +115.3%$120,744 +5.5%
    2020$1,387 -1.1%$114,447 -0.3%
    2019$1,402 $114,788 +1.9%
    2018$1,402 +1.5%$112,611 +1.8%
    2017$1,382 +496.3%$110,620 +3.5%
    2016$232 $106,900 +0.5%
    2015$232 $106,400 +39.3%
    2014$232 $76,400
    2013$232 $76,400 -1.3%
    2012$232 $77,400 -10.1%
    2011$232 $86,100 -23.4%
    2010$232 $112,400 -15.1%
    2009$232 $132,400 +3.4%
    2008$232 $128,000 -23.8%
    2007$232 $168,000 +22.5%
    2006-- $137,100 +23.3%
    2005-- $111,200 +21.9%
    2004$222 $91,200 +10.8%
    2003$222 -22.3%$82,300 +2.9%
    2002$285 -81.1%$80,000 +10.5%
    2001$1,509 +6.2%$72,400 +7.1%
    2000$1,420 $67,600
    Find assessor info on the county website

    Neighborhood: Bayou Oaks

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $342,100
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $342,100